Local Salon Franchisee Wins Regis Corporation's 2006 Supercuts 'Under Ten Stores' Franchisee Of The Year Award

October 24, 2006 // Franchising.com // Minneapolis, MN- At their September 2006 Franchisee Convention, Regis Corporation (NYSE:RGS), the industry leader in salons, hair restoration centers and awarded Ray Elias of Franklinville, N.J. the 2006 Supercuts 'Under Ten Stores' Franchisee of the Year award.

The award recognizes franchisees with successful management skills, which include achieving exemplary business results and sharing knowledge with other franchisees. Elias works with his salon staff, helping them grow professionally, providing outstanding leadership, and serving as an excellent role model. He also assists other franchisees by offering ideas, input and time to help improve their businesses.

Celebrating six years with Supercuts, Elias, who franchises eight Supercuts in the Philadelphia, Pennsylvania region, recognizes the importance of every one of his employees in achieving this award, knowing that, in addition to the Supercuts brand, his stylists and salon staff are key to his ongoing successes.

Supercuts

Supercuts provides consistent, high-quality hair-care services and professional products to its customers at convenient times and locations and at reasonable prices. The concept appeals to men, women and children, although male customers account for the majority of the clientele. Supercuts offers a broad selection of professional hair-care products including Paul Mitchell, American Crew, Nioxin, Tigi and more.

About Regis Corporation

Regis Corporation (NYSE:RGS) is the industry's global leader in salons, hair restoration centers and As of June 30, 2006, the Company owned or franchised 11,477 worldwide locations; which included 11,333 90 hair restoration centers and 54 beauty schools operating under concepts such as Supercuts, Jean Louis David, Vidal Sassoon, Regis Salons, MasterCuts, Trade Secret, SmartStyle, Cost Cutters and Hair Club for Men and Women. These and other concepts are located in the US and in ten other countries throughout North America and Europe. For additional information about the Company, including management's current financial outlook and a reconciliation of non-GAAP financial information, please visit the Investor Information section of the corporate website at www.regiscorp.com.

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Supercuts is a hair salon franchise with over 2,000 locations across the United States.

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