Message #1 From:
Stock News Bot Date: December 12, 2005 05:18:00 AM
NNCT News 99 Cent Stuff, Inc. Announces New Store Opening in Boca Raton, Florida
BOCA RATON, Fla.--(BUSINESS WIRE)--Dec. 12, 2005--99 Cent Stuff (OTCBB:NNCT) announced today that it recently opened a new deep discount store, in Boca Raton, located at 23072 Sandalfoot Plaza Drive, Boca Raton. The Company opened its first store in 1999 and has grown to 19 outlets throughout South Florida.
Offering more than 6,000 branded consumer products, closeouts and perishables, 99 Cent Stuff - http://www.99CentStuff.com - is like no other dollar store Floridians have seen before. Stores average 20,000 square feet, four to five times the size of an average dollar store.
Raymond Zimmerman, Chairman and CEO, said, "We are pleased with the opening of our new store, which opened in December, 2005. It clearly has the potential to be our "flagship" store. This location, a former Winn-Dixie site, is approximately 36,000 square feet."
About 99 Cent Stuff:
99 Cent Stuff, Inc. (OTCBB:NNCT) is a Florida-based single-priced value discount retailer of primarily name brand, consumable merchandise that operates 16 retail stores in South Florida. The stores offer a wide assortment of regularly available consumer goods as well as a broad variety of quality, closeout merchandise. Every product is sold at 99 cents, including extra value savings of two or three items sold together for 99 cents. The stores feature consumer staples such as produce, dairy, and bread to encourage customers to visit the stores frequently.
Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements to differ materially from what is expressed or implied by such forward-looking statements.
The Company's future operating results are dependent upon many factors, including but not limited to: (a) those risks and uncertainties related to general economic conditions in the U.S., including regulatory factors that may affect such economic conditions and (b) whether we are able to manage our planned growth efficiently and operate profitable operations, including whether our management will be able to identify, hire, train, retain, motivate and manage required personnel or that management will be able to successfully manage existing and potential market opportunities. Except as required under the federal securities laws, we do not have any intention or obligation to update publicly any forward-looking statements contained in this press release, whether as a result of new information, future events, or otherwise.
