Local Salon Franchisee Wins Regis Corporation's 2006 Magicuts Franchisee Of The Year Award
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Local Salon Franchisee Wins Regis Corporation's 2006 Magicuts Franchisee Of The Year Award

October 26, 2006 // Franchising.com // Minneapolis, MN - At their September 2006 Franchisee Convention, Regis Corporation (NYSE:RGS), the industry leader in salons, hair restoration centers and education, awarded Drew Irwin of Winnipeg, Manitoba, the 2006 Magicuts 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. Irwin and his area managers work with the salon staffs by 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 his fifth year with Magicuts, Irwin franchises 27 Magicuts and three First Choice Haircutters in Manitoba, Saskatchewan and Alberta. He recognizes the importance of every one of his employees in achieving this award, knowing that, in addition to the Magicuts brand, his stylists and salon staff are key to his ongoing successes.

Magicuts

Magicuts is conveniently located within Zellers Department Stores and in local shopping centers throughout Canada. Positioned as an affordable, full-service hair salon, Magicuts serves Zellers' customers and appeals to men and women with families looking for high-quality hair services at reasonable prices.

First Choice Haircutters

First Choice Haircutters offers customers everything they are looking for: professional, creative hair care, exceptional value, friendly service and appointment free convenience, all in a bright, contemporary environment.

About Regis Corporation

Regis Corporation (NYSE:RGS) is the beauty industry's global leader in salons, hair restoration centers and education. As of June 30, 2006, the Company owned or franchised 11,477 worldwide locations; which included 11,333 beauty salons, 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, First Choice Haircutters, Magicuts, 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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