Business Services Industry
Resort Clubs International, Inc. Now Listed and Trading on Frankfurt Exchange
Business Wire, April 21, 2006
JACKSONVILLE, Fla. -- Resort Clubs Intl DL-001 (Pink Sheets:RTCI) is pleased to announce that its shares are being traded on the Frankfurt Stock Exchange under the symbol (FWB:R5A). International Security Identification Number (ISIN/CUSIP) number is US7611633022. Because Frankfurt exchange is the third-largest organized exchange-trading market in the world (just behind the NYSE and Nasdaq exchanges), in terms of turnover and dealings in securities, Resort Clubs Intl DL-001 anticipates a much wider, international market access for RTCI shares. The listing on the Frankfurt Stock Exchange provides the Company with increased exposure to worldwide capital markets and will enable Resort clubs International to attract European institutional and individual investors to trade the Company's common stock in euros. This new listing will not dilute Resort Clubs' shares in any way.
"With our company having international destinations for our members we felt we needed a presence on one of the European stock exchanges. Being listed on the Frankfurt Exchange gives us that exposure," stated Bob Johnson, President and CEO of Resort Clubs International.
About Frankfurt Stock Exchange
FWB(r) Frankfurter Wertpapierborse (Frankfurt Stock Exchange) is one of the world's largest trading centers for securities. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream. The Deutsche Borse's products and services portfolio cover the entire process chain including securities and derivatives trading, transaction settlement, the provision of market information, as well as the development and operation of electronic trading systems. The Frankfurt Stock Exchange has over 90 percent of turnover in the German market and a big share in the European market. For more information, visit the Deutsche Borse at: http://deutsche-boerse.com.
About Resort Clubs International, Inc.
Resort Clubs International, Inc., (the parent of Epic Golf Club) based in Jacksonville, Florida, is an 11-year old golf membership company. It has existing contracts with 23 golf courses in Phoenix, Arizona, Northeast Florida and Southeast Georgia. These contracts allow RTCI members to play at "member rates" when they travel. The contracted clubs share in the RTCI membership sales to offset the value given to the member. With a unique profit sharing plan, RTCI is able to create a financial loyalty with contracted clubs. RTCI pioneered the external membership concept and is to update its offerings based on the demands of the golf courses, consumers and market conditions.
If you would like additional information about Resort Clubs International, Inc. go to our web site http://www.resortclubsintl.com. Or for additional information, email us at info@clubshare.us or call 866-844-2182.
This press release includes "safe harbor" language pursuant to the Private Securities Litigation Reform Act of 1995, as amended, indicating that certain statements about the Company's business contained in the press releases are "forward-looking" rather than "historic." The press releases contain forward-looking statements that involve risks and uncertainties concerning Resort Clubs International, Inc. expected financial performance (as described without limitation in quotations from management in the press release), as well as Resort Clubs International, Inc. strategic and operational plans. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.
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