iParty Corp. Opens Temporary Halloween Stores
October 02 2008 - 7:30AM
PR Newswire (US)
DEDHAM, Mass., Oct. 2 /PRNewswire-FirstCall/ -- iParty Corp.
(AMEX:IPT), a party goods retailer, today announced the opening of
two temporary Halloween stores for the 2008 Halloween season. The
stores are branded "iParty Halloween" and are located within the
greater Boston market, in Belmont and Weymouth, Massachusetts. Sal
Perisano, Chairman and Chief Executive Officer of iParty Corp.,
commented, "Since this is our first year opening temporary
Halloween stores, we are opening these stores fairly close to our
home base. Each temporary store is positioned in a high traffic
location, in order to achieve the strongest possible presence
against local competition. Beginning with these two stores, and
going forward into future years, it will be our policy to not
announce the addresses of temporary stores until we're ready to put
a sign in the window." About iParty Corp. Headquartered in Dedham,
Massachusetts, iParty Corp. is a party goods retailer that operates
50 iParty retail stores and licenses the operation of an Internet
site for party goods and party planning at http://www.iparty.com/.
iParty's aim is to make throwing a successful event both
stress-free and fun. With over 20,000 party supplies and costumes
and an online party magazine and party-related content, iParty
offers consumers a sophisticated, yet fun and easy-to-use, resource
with an extensive assortment of products to customize any party,
including birthday bashes, Easter get-togethers, graduation
parties, summer barbecues, and, of course, Halloween. iParty aims
to offer reliable, time-tested knowledge of party-perfect trends,
and superior customer service to ensure convenient and
comprehensive merchandise selections for every occasion. Please
visit our site at http://www.iparty.com/. Safe harbor statement
under the Private Securities Litigation Reform Act of 1995: This
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 as
contained in Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934 that reflect
management's current views and estimates regarding, among other
things, our growth strategy, industry and market trends. You can
identify these statements by the fact that they use words such as
"anticipate," "believe," "estimate," "expect," "intend," "project,"
"plan," "outlook," and other words and terms of similar meaning.
These statements involve a number of risks and uncertainties that
could cause actual results to differ materially from the potential
results discussed in the forward-looking statements. Among the
factors that could cause actual results and outcomes to differ
materially from those contained in such forward-looking statements
are the following: changes in consumer confidence and consumer
spending patterns, particularly those impacting the New England
region; the successful implementation of our growth and marketing
strategies; our ability to obtain additional financing, if
required, on acceptable terms and conditions; rising commodity
prices, especially oil and gas prices; our relationships with our
third party suppliers; our inventory management system; and the
availability of retail store space on reasonable lease terms. For a
more detailed discussion of risks and uncertainties which could
cause actual results to differ from those contained in the
forward-looking statements, see Item 1A, "Risk Factors" of iParty's
most recently filed Annual Report on Form 10-K for the fiscal year
ended December 29, 2007 and our other periodic reports filed with
the SEC. iParty is providing this information as of this date, and
does not undertake to update the information included in this press
release, whether as a result of new information, future events or
otherwise. DATASOURCE: iParty Corp. CONTACT: David Robertson, Chief
Financial Officer of iParty Corp., +1-781-355-3770, Web Site:
http://www.iparty.com/
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