Hot Topic, Inc. Scheduled to Present At the Piper Jaffray Consumer Conference and Updates May Sales Release Date


CITY of INDUSTRY, Calif., May 31, 2007 (PRIME NEWSWIRE) -- Hot Topic, Inc. (Nasdaq:HOTT) today announced that it is scheduled to present at the 27th Annual Piper Jaffray Consumer Conference at the St. Regis Hotel in New York City on Wednesday, June 6, 2007 at 9:00 a.m. Eastern Time.

The conference presentation will also be available via live webcast and interested parties can access the event by going to the Investor Relations website for Hot Topic, Inc. located at http://investorrelations.hottopic.com. This presentation will provide a review of historical data and address certain company initiatives. A replay of the presentation will be available at www.earnings.com following the presentation.

The company also announced that it now expects to release its May sales results on Wednesday, June 6, 2007 at 8:30 a.m. Eastern Time. In conjunction with its May sales release, you are invited to call 626-709-1209 to listen to the company's pre-recorded sales release commentary for May, which will also be released on Wednesday, June 6, 2007 at 8:30 a.m. Eastern Time.

This news release and the aforementioned pre-recorded commentary and presentation contain forward-looking statements, which include statements relating to financial results, guidance, store operations, projections and other financial performance and managing growth. These statements involve risks and uncertainties, including risks and uncertainties associated with meeting expected financial results, management of growth, relationships with mall developers and operators, the risk that available cash or mall space will not be adequate for planned expansion, fluctuations in sales and comparable store sales results, risks and uncertainties with respect to new store openings including risks associated with the company's new store concepts and Internet stores, music and fashion trends, competition from other retailers, uncertainties generally associated with specialty retailing, the effect of economic conditions, the effect of severe weather or natural disasters, political and/or social changes or events that could negatively impact shopping patterns and/or mall traffic, litigation proceedings and contingent liabilities, as well as other risks detailed in the company's SEC reports including its Quarterly Reports on Form 10-Q and its Annual Report on Form 10-K for the year ended February 3, 2007. Historical results achieved are not necessarily indicative of the future prospects of the company, and actual results or circumstances could differ materially from the forward-looking statements.



            

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