Hot Topic, Inc. Scheduled to Present at the Piper Jaffray Consumer Conference


CITY of INDUSTRY, Calif., May 31, 2006 (PRIMEZONE) -- Hot Topic, Inc. (Nasdaq:HOTT), is scheduled to present at the 26th Annual Piper Jaffray Consumer Conference at the New York Palace in New York City on Wednesday, June 7, 2006 at 10:00 A.M. Eastern time. Hot Topic, Inc. will be represented at the conference by Jim McGinty, Chief Financial Officer.

The presentation will also be available via live webcast and interested parties can access the event by going to the Investor Relations website for Hot Topic, Inc. located at http://investorrelations.hottopic.com. This presentation will provide a review of historical data and address certain company initiatives. A replay of the presentation will be available at www.companyboardroom.com following the presentation.

In addition to historical information, this news release and the aforementioned presentation contain forward-looking statements, which include statements relating to financial results, guidance, projections and other financial performance, managing growth, and litigation matters and contingent liabilities. These statements involve risks and uncertainties, including risks and uncertainties associated with meeting expected financial results, management of growth, relationships with mall developers and operators, the risk that available cash or mall space will not be adequate for planned expansion, fluctuations in sales and comparable store sales results, risks and uncertainties with respect to new store openings including risks associated with the company's new store concepts and Internet stores, music and fashion trends, competition from other retailers, uncertainties generally associated with specialty retailing, the effect of economic conditions, the effect of severe weather or natural disasters, political and/or social changes or events that could negatively impact shopping patterns and/or mall traffic, litigation proceedings and contingent liabilities, as well as other risks detailed in the company's SEC reports including its Quarterly Reports on Form 10-Q and its Annual Report on Form 10-K for the year ended January 28, 2006. Historical results achieved are not necessarily indicative of the future prospects of the company, and actual results or circumstances could differ materially from the forward-looking statements.



            

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