Books-A-Million Announces Filing of Second Quarter Form 10-Q and Provides an Update on Nasdaq Listing Status.BIRMINGHAM, Ala. -- Books-A-Million, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BAMME) (the "Company") announced today that it has filed with the Securities and Exchange Commission (the "SEC") the quarterly report on Form 10-Q Form 10-Q See 10-Q. for the 13-week period ended July 30, 2005 (the "Second Quarter Form 10-Q"). The Company believes that, with this filing, it is current in its periodic reports with the SEC. The Company also announced that representatives of the Company attended a hearing before a Nasdaq Listing Qualifications Panel (the "Panel") on October 20, 2005, during which it notified the Panel that it had filed with the SEC the Second Quarter Form 10-Q, the sole deficiency previously cited by Nasdaq and the sole basis for the hearing. The Company hopes to receive shortly acknowledgement by Nasdaq of the Company's compliance with Nasdaq's filing requirement, at which time it will promptly announce that news. Pending such notification from Nasdaq, the Company's trading symbol Trading symbol See: Ticker symbol will remain "BAMME". 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 208 stores in 19 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . The Company operates four distinct store formats, including large superstores operating under the names Books-A-Million and Books & Co., traditional bookstores operating under the names Books-A-Million and 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. . 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 our actual results, performance and achievements, 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: a restatement of our quarterly or annual financial statements as a result of a material weakness in internal control over financial reporting; the competitive environment in the book retail industry in general and in our specific market areas; inflation; economic conditions in general and in our 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 us; uncertainties related to the Internet and our internet initiatives; and other factors referenced herein. In addition, such forward-looking statements are necessarily dependent upon the 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, stockholders and prospective investors are cautioned not
to place undue reliance on such forward-looking statements. We disclaim
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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