Investor Update: October 22, 2010

Anticipation builds as Noah’s sets its Westminster, CO, construction agenda in stone.  Last Monday, October 11th, launched the building process.  All site work will be finished by Monday, October 25th.  The foundation will complete on Monday, November 15th and framing will begin on Thursday, November 18th; expected to take three weeks until framing is accomplished.

We foresee Westminster’s opening date to transpire on Friday, May 20, 2011. Unveiling our most novel venue to an array of communities within Westminster, CO.  Within a matter of months, Noah’s fifth building is predicted to open on June 24, 2011, providing the public of Irving, TX, a venue for all life’s events.

The question is what are we noticing in relation to our guest’s reactions to Noah’s national growth? Our staff in Utah and Arizona has recently experienced an interesting reaction to Noah's national growth. The word is spreading, and patrons are booking out of state facilities from their home locations. This provides evidence that Noah’s is developing recognition as a national brand.

It is safe to say we are seeing an tremendous amount of excitement as we continue to expand and build the development of a national trademark.