WEST HOLLYWOOD, Calif., July 21, 2006 (PRIMEZONE) -- Salon City, Inc. (Pink Sheets:SLON), a leading media company in the beauty industry with such well-known publications as the Salon City Star Magazine, is pleased to announce that its common stock has become publicly traded on Pinksheets.com, with the primary market maker being Spartan Securities Group, Ltd.
Creating a public market for SLON shares has been a dream of Founders Steven and Annie Casciola, who are well-known in the beauty and professional salon industry. Mr. Casciola commented, "Our stock will be a bellweather for the beauty industry and the investment opportunities that lie there. We are thrilled to be able to provide liquidity to our investors who have provided backing to this company and also be able to raise capital for our growth."
In the future, Casciola hopes to trade on more-established exchanges as his company grows. He noted that, "we have a strategy designed to build a media powerhouse focused on the professional salon industry, and our listing is one of the components of that strategy."
For more information on the Company, please visit the Company's website at http://www.saloncity.com.
To be added to Salon City's investor e-mail list, please send e-mail to our Investors Relations Department at Info@Saloncity.com.
Salon City, Inc. provides content, media and product distribution services for the worldwide beauty industry, including professional and consumer beauty salons as well as spas, most notably through Salon City Star Magazine. Salon City also has a network for distributing beauty products to these salons and spas.
Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the Company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.