LOS ANGELES, April 3, 2008 (PRIME NEWSWIRE) -- Tix Corporation (OTCBB:TIXC) today announced it achieved record gross ticket sales of $4.1 million in March through the company's half-price, same-day ticket operation, Tix4Tonight, in Las Vegas -- surpassing a previous milestone reached in November 2007.
The company's discount ticket operation also achieved record quarterly sales performance in the first quarter ended March 31, 2008. Gross ticket sales for the quarter increased 46 percent to $10.9 million from $7.5 million in the same period a year earlier. Ticket sales for March and the first quarter exclude contributions from the company's national premium ticket services, exhibit merchandising business and production of live theatrical events.
About TIX Corporation
Tix Corporation is an integrated entertainment organization offering ticketing services, event merchandising and concert and theatrical productions. It currently operates five prime locations in Las Vegas under the Tix4Tonight marquee -- offering up to a 50 percent discount for same-day shows, concerts, attractions and sporting events. It also offers discount products for golf and dining at its sales locations in Las Vegas. The company also offers premium tickets to concerts, theater and sporting events throughout the United States. Its Exhibit Merchandising operation is engaged in branding, product merchandise development and sales activities related to museum exhibitions and other events -- including the King Tutankhamen and Real Pirates tours, selling themed souvenir memorabilia and collector's items in specialty stores in conjunction with the specific events and venues. The company's newest division is dedicated to concert and live theatrical promotion and production of events throughout the United States, Canada and Europe.
Except for the historical information contained herein, certain matters discussed in this press release are forward-looking statements which involve risks and uncertainties. These forward-looking statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are discussed in the company's various filings with the Securities and Exchange Commission.