Books-A-Million, Inc. Opens Joe Muggs Newsstand At The Summit Shopping Center in Birmingham, Alabama.Business Editors BIRMINGHAM, Ala.--(BUSINESS WIRE)--Aug. 13, 2001 Books-A-Million, Inc. (Nasdaq/NM:BAMM BAMM British Association of Medical Managers BAMM Bay Area Model Mugging (now Impact Bay Area) BAMM Beta and Advection Model - Medium BAMM Bay Area Math Meet (San Francisco, CA) ) today announced the opening of Joe Muggs Newsstand at The Summit Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into in Birmingham, Alabama Birmingham (pronounced [ˈbɝmɪŋˌhæm]) is the largest city in the U.S. state of Alabama and is the county seat of Jefferson County. . The store is the Company's third in the Birmingham market and joins two stores in the Atlanta area to bring the total number of Joe Muggs Newsstands to five. The Company has also signed leases for two additional Atlanta locations to open before the end of the year. "We are very pleased to bring the Joe Muggs Newsstand concept to the Summit," said Clyde B. Anderson, Chairman and Chief Executive Officer of Books-A-Million. "Birmingham is our home and our stores in Five Points and English Village English Villages are language teaching institutions which aim to create a language immersion environment for students of English in their own country. The concept is run as a commercial venture in Spain and Italy. The one in Korea is quasi-governmental (see below). have met with great success. We have designed a dynamic new store environment for this very exciting location." The Summit store represents the new prototype for the Newsstand concept, which has been in development over the past year. The contemporary design includes a fireplace, ample comfortable seating, and a refreshing outdoor patio. The store features a full selection of specialty coffee drinks, fine pastries, and over 3,500 magazine titles. Hours of operation will be 6:00 a.m. to 11:00 p.m. Monday through Thursday, 6:00 a.m. to midnight Friday and Saturday, and 6:30 a.m. to 11:00 p.m. on Sundays. Books-A-Million is one of the nation's leading book retailers and sells on the Internet at www.booksamillion.com. The Company presently operates 202 stores in 18 states. The Company operates four distinct store formats, including large superstores operating under the names Books-A-Million and Books & Co., traditional bookstores and combination book and greeting card stores, both operating under the name Bookland Book´land` n. 1. (O. Eng. Law) Charter land held by deed under certain rents and free services, which differed in nothing from free socage lands. This species of tenure has given rise to the modern freeholds. , and Joe Muggs Newsstands. The Company's wholesale operations include American Wholesale Book Company and Book$mart, both based in Florence, Alabama Florence city is the seat of Lauderdale County, which is situated in the northwest corner of the U.S. state of Alabama. According to the 2005 Census Bureau estimates, the city's population was 36,721. . NetCentral, Inc., an Internet development and service Company is located in Nashville, Tennessee “Nashville” redirects here. For other uses, see Nashville (disambiguation). Nashville is the capital and the second most populous city of the U.S. state of Tennessee, after Memphis. . Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This document contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. A number of factors could cause actual results, performance, achievements of the Company, or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the competitive environment in the book retail industry in general and in the Company's specific market area; inflation; economic conditions in general and in the Company's specific market areas; the number of store openings and closings; the profitability of certain product lines, capital expenditures and future liquidity; liability and other claims asserted against the Company; uncertainties related to the Internet and the Company's Internet initiative. In addition, such forward-looking statements are necessarily dependent upon assumptions, estimates and dates that may be incorrect or imprecise im·pre·cise adj. Not precise. im  pre·cise ly adv. and involve known
and unknown risks, uncertainties and other factors. Accordingly, any
forward-looking statements included herein do not purport to be
predictions of future events or circumstances and may not be realized.
Given these uncertainties, shareholders and prospective investors are
cautioned not to place undue reliance on such forward-looking
statements. The Company disclaims any obligations to update any such
factors or to publicly announce the results of any revisions to any of
the forward-looking statements contained herein to reflect future events
or developments.
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