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Microcap & Penny Stocks : Laser Storm (LAZR) - Advisory

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To: J. A. Pina, Jr. who wrote (7)10/25/1996 10:00:00 AM
From: Doug Hegney   of 17
 
Have you seen the recent press release this morning?

Laser Storm Expands into Florida Market

First of Several Stores to Open in Florida Market

DENVER--(BUSINESS WIRE)--Oct. 25, 1996--Laser Storm, Inc. (NASDAQ: LAZR,
LAZRW) today announced that it will build a new 9,400 square foot dual
laser tag facility at Oakwood Plaza in Hollywood, Florida.
In addition to the two laser tag arenas, the facility will also contain
a Namco arcade and a party area with the capacity to seat 80 guests. The
company has signed a lease agreement and anticipates this facility will
open by the end of the year.
Commenting on the new facility, Bob Cooney, Laser Storm's Chief
Executive Officer, said, "Florida is a key market for us and the Oakwood
facility represents a significant milestone in building our market share
in the state. Additional expansion in Florida during the year will move
us toward our goal of owning and operating 8 to 10 stores nationally by
the end of 1996.
"Our primary objective is to build the operational side of Laser Storm's
business, and we will continue to aggressively expand in Florida as well
as other markets throughout the entire country. Over the next three
years our goal is to open 100 stores and become the leading operator of
laser tag systems in the world."

Sounds like things are on track for the company.
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