Party City Corporation to Webcast Fiscal 2006 First Quarter Conference Call

Business Wire, Nov 3, 2005

ROCKAWAY, N.J. -- Party City Corporation (Nasdaq: PCTY), America's largest party goods chain, invites investors to listen to a broadcast of the Company's conference call discussing first quarter Fiscal 2006 results. The conference call will be broadcast live over the Internet on Wednesday, November 9, 2005 at 10:00 a.m. Eastern Time and can be accessed by visiting http://www.partycity.com.

An online archive of the broadcast will be available within one hour of the completion of the call and will be accessible on http://www.partycity.com until December 9, 2005.

Party City Corporation is America's largest party goods chain. Party City currently operates 248 Company-owned stores and has 254 franchise stores in the United States and Puerto Rico. To learn more about Party City, visit the Company's website at http://www.partycity.com.

Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. Those risks and uncertainties include, among other things, the effect of price and product competition in the party goods industry in general and in our specific market areas, our ability to anticipate customer demand for products and to design and develop products that will appeal to our customers, our ability to open new stores successfully and/or to identify, execute and integrate acquisitions and to realize synergies, the availability and terms of capital to fund capital improvements, acquisitions and ongoing operations, our ability to manage successfully our franchise program, our ability to improve our fundamental business processes and reduce costs throughout our organization, our ability to attract and retain qualified personnel, changes in costs of goods and services and economic conditions in general. In addition, there are certain risks and uncertainties related to the proposed merger, including: the ability to consummate the proposed transaction due to the failure to obtain stockholder approval, the failure of the acquirer to consummate the necessary debt financing arrangements set forth in a commitment letter received by the acquirer or the failure to satisfy other conditions to the closing of the proposed transaction, the ability to recognize the benefits of the transaction, intense competition in Party City's industry and changes in government regulation. Please see our filings with the Securities and Exchange Commission for a more complete discussion and analysis of these and other risks and uncertainties. You are cautioned not to place undue reliance on such forward-looking statements, which are made as of the date of this release, and we have no obligation or intention to update or revise such forward-looking statements.