MNTY - Market 99
Market 99 Announces Additional Signed Leases in Dallas
Monday January 14, 7:00 am ET
DALLAS, TX--(MARKET WIRE)--Jan 14, 2008 -- Company Officials (Other OTC:MNTY.PK - News) announced today the company has signed and executed an additional lease for the expansion of Market 99. The new location, 2311 Lakeland Dr. Dallas, TX 75228, is located in the eastern region of Dallas and is estimated to commence operations the second week of March 2008. Jason Brola, CEO of Market 99, stated, "We are all very pleased with this addition to the growing family of Market 99 locations. We are really striving to have the Lakeland Plaza open by the middle of March."
Brola further stated, "One of my goals as CEO for Market 99, in 2008, is to enable the company to steadily grow and average a new store opening every 20-30 days."
Another addition to be finalized and executed later this afternoon is the new corporate offices for Market 99. The company has chosen to locate to office space in North Dallas which consists of 3,500 sq. ft. Centrally located, the offices will include a Meet & Greet area, specifically designed to welcome current investors as well as potential future investors.
Market 99 is a discount retailer with 15,000-20,000 square foot stores selling mainly name brand merchandise to value-conscious consumers. Market 99 carries Consumables, Health and Beauty Aids, Stationery Items, House wares, Cold Foods, Frozen Foods, Women's Accessories, Women's Clothing, Men's Clothing, Children & Infant's Clothing, Seasonal, Arts & Crafts, and Toys, all for .99 cents or less.
Please visit www.MyMarket99.com
for additional information. www.MNTYInvestor.com
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This press release contains "forward-looking statements," which are statements related to future, not past events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.