VHQ Entertainment To Open 50th Retail Store.Business Editors CALGARY, Alberta--(BUSINESS WIRE)--April 9, 2002 Company Sets Immediate Growth Target of 100 Retail Stores Trevor Hillman, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of VHQ VHQ Virtual Headquarters VHQ Vertigo Handicap Questionnaire VHQ Very High Quality Entertainment Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : VHQ)(OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink: VHQIF) announced today that VHQ will open its 50th retail store in the growing Calgary community of Douglasdale in the South West of Calgary, AB. The addition of the 50th store also marks the entry of VHQ's 15th retail store in the Calgary market. Commenting on VHQ's growth Mr. Hillman said "We are very pleased to be opening our 50th store. In just over 3 years we have built our company into the fastest growing home entertainment retailer in Canada, and now we will set our sights on the next phase of our growth that will see our store compliment exceed 100!" Speaking about VHQ's rapid growth, Gregg Johnson, President and COO said, "We have delivered on our promise to provide an innovative retail experience, and our recent sales achievements certainly indicate that our customers have embraced our stores and the product mix they offer." Our next goal will be to role the VHQ retail store across Canada, and to this end we are pleased to be considering new locations in BC, Manitoba and Ontario." ABOUT VHQ ENTERTAINMENT, INC. VHQ Entertainment Inc. is listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the trading symbol Trading symbol See: Ticker symbol "VHQ", and is the recipient of the 'Profit Magazine' 2001 award for being one of Canada's Hottest Start-up companies. VHQ is one of the fastest-growing chains of home entertainment retail stores in Canada. Through its 50 urban and rural stores it provides customers with a diverse selection of high quality home entertainment. VHQ was recently featured in the Investment section of the April 15th edition of Canadian Business(r) magazine. The corporate web site is located at www.VHQ.ca. The Toronto Stock Exchange has not approved or disapproved the information contained herein. |
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