HVAR to Offer Full Line of Premium Cigars on Company Website
Company's New Las Olas Riverfront Store Generates First Month Revenues in Excess of
$70,000
FT LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 5, 1998--The Havana Republic, Inc. (OTC BB:HVAR -
news) announced today the Company's Internet web site is expected to be operational by August 26th and
complete by September 15th.
The professionally designed Internet site will be located at www.havanarepublic.com and will include the
following:
-- The Havana Republic's own CyberSmoke Order Hotline. This internet
link will allow HVAR shareholders and other cigar aficionados to
order Havana Republic's full line of premium cigars directly from
the Company by calling Havana Republic's toll free number
1-888-CIGAR-07.
-- An investor relations packet for shareholders and prospective
shareholders. This downloadable investor kit will include
pertinent up-to-date Company information as well as marketing and
expansion plans.
-- A calendar of upcoming Havana Republic events and other dates
including future filing information, etc.
-- Color pictures and layouts of all Havana Republic stores.
The Havana Republic is also pleased to report that the Company's new Las Olas Riverfront location generated
revenues in excess of $70,000 in just its first month of operation.
Contrary to the soft expectations generally associated with a mid-summer opening, the Las Olas store posted
strong opening revenues. A further indication of this store's potential is that only six of the project's twelve
Riverfront restaurants are currently operational. The remaining six restaurants are scheduled to open August
16th through the end of October.
Additionally, The Havana Republic is yet to launch its planned full-scale advertising campaign featuring the Las
Olas location.
UPCOMING EVENT
The Havana Republic will be sponsoring the first annual ''Wall Street Smoke Out'' on August 26th. Investors and
brokers are encouraged to join Company management and over 100 brokers at the cigar smoking extravaganza to
be held at The Millennium located at 1 Wall Street Court in New York City. No reservations are necessary and
everyone is welcome to attend.
This press release contains forward-looking statements which are made pursuant to the safe-harbor provisions of
the Private Securities Litigation Reform Act of 1995. Expression of future goals and similar expressions
reflecting something other than historical fact involve a number of risks and uncertainties, including timely
development and market acceptance of certain products and services. The actual results the Company achieves
may differ materially from any forward-looking statements due to such risks and uncertainties.
COMPANY INFORMATION
The Havana Republic, Inc. (OTC Bulletin Board: HVAR - news) is a fully reporting company with the SEC. As a
purveyor of world-class cigars, The Havana Republic carefully selects the finest quality Cuban seed available, and
transports it to Nicaragua where it is grown on the rich fertile hillsides. The Company's cigars are then
hand-rolled and proudly branded with The Havana Republic Signature wrapper. The Havana Republic currently
operates cigar emporiums in Florida, and is planning a rollout of its quality cigars to franchised stores and kiosks
in upscale locations across the country.
Contact:
The Havana Republic, Inc.
Stephen Schatzman (President), 954/384-6333
or
The Milan Capital Group
Ira Monas (Managing Director), 212/427-8979
or 212/876-9743
imonas@aol.com |
