Resort Clubs International, Inc. Now Listed and Trading on Frankfurt Exchange
Market Wire, April, 2006
Resort Clubs International, Inc. (PINK SHEETS:RTCI)(FWB:R5A) is pleased to announce that its shares are being traded on the Frankfurt Stock Exchange under the symbol R5A.F. International Security Identification Number (ISIN/CUSIP) number is US7611633022 and German Security Code ("Wertpapierkennummer") is A0JKA4. 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 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 our unique profit sharing plan, we are able to create a financial loyalty with our contracted clubs. RTCI pioneered the external membership concept and is continuing to update its offerings based on the demands of the golf courses, consumers and market conditions.
For more detail about the company, its management, and projects, please refer to our web sites http://www.clubshare.us and http://www.RTCI.us.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from those in prior periods, and those projected in forward-looking statements.
Contacts: Resort Clubs International, Inc. Robert Johnson (866) 844-2182 info@clubshare.us www.clubshare.us / www.reciprocalgolf.com
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