ATLANTA, Sept. 4, 2008 (GLOBE NEWSWIRE) -- Premier Exhibitions, Inc. (Nasdaq:PRXI) today announced that its new exhibitions Dialog in the Dark and Titanic: Aquatic opened successfully to audiences in Atlanta, Georgia this past Labor Day weekend. In addition, the Company announced that its Las Vegas engagement of BODIES . . . The Exhibition has successfully transitioned to the Luxor Resort & Casino in Las Vegas. August attendance at the Company's new BODIES . . . The Exhibition location at the Luxor Resort and Casino increased by 36 percent when compared to its last full month of operation at its previous location at the Tropicana Hotel & Casino in Las Vegas. Overall, the Company reported that it achieved an average attendance increase of 61 percent across its U.S. engagements over the four day Labor Day weekend period when compared against any other four consecutive day period in 2008. The Company also announced that it has decided to extend both its Cincinnati Bodies exhibition and its Galveston Titanic exhibition.
Additionally, the Company is pleased to announce that the following engagements will open within the next two months:
* Rio de Janeiro, Brazil - Bodies Revealed * Panama City, Panama - Bodies Revealed * Milwaukee, Wisconsin - Titanic: The Artifact Exhibition * Sarasota, Florida - Titanic: The Artifact Exhibition
Arnie Geller, the Company's Chairman of the Board and CEO, commented, "We are pleased with our recent openings and the increased attendance, particularly with our opening at the Luxor. I am personally working to ensure utilization of all our exhibitions at venues that will maximize our financial results."
The Company is also continuing to work with the U.S. government on the development of covenants and restrictions regarding its request for an in specie award of artifacts recovered from the wreck of the Titanic. The Company expects to make a joint submission with the U.S. government to the court in the next two weeks.
About Premier
Premier Exhibitions, Inc. (Nasdaq:PRXI), located in Atlanta, Georgia, is a major provider of museum quality exhibitions throughout the world. The Company is a recognized leader in developing and displaying unique exhibitions for education and entertainment. The Company's exhibitions present unique opportunities to experience compelling stories using authentic objects and artifacts in diverse environments. Exhibitions are presented in museums, exhibition centers and other entertainment venues. More information about Premier Exhibitions, Inc. is available at the company's web site located at www.prxi.com.
Forward-Looking Statements
Certain of the statements contained in this press release contain forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Premier Exhibitions has based these forward-looking statements on its current expectations and projections about future events, based on the information currently available to it. The forward-looking statements contained in this press release may also include statements relating to Premier Exhibitions' anticipated financial performance, business prospects, new developments, strategies and similar matters. Certain of the factors described in Premier Exhibitions' filings with the Securities and Exchange Commission, including the section of its Annual Report on Form 10-K for the year ended February 28, 2008 titled "Risk Factors," may affect Premier Exhibitions' future results and cause those results to differ materially from those expressed in the forward-looking statements. Premier Exhibitions disclaims any obligation to update any of its forward-looking statements, except as may be required by law.