LOS ANGELES, April 16, 2008 (PRIME NEWSWIRE) -- Tix Corporation (OTCBB:TIXC) today announced an expansion of its merchandising operation with the addition of a new exhibit store in Madrid, Spain in conjunction with the opening of Egypt's Sunken Treasures at Matadero de Legazpi.
The exhibit features approximately 500 objects more than 1,000 years old discovered in underwater excavations conducted during the past twelve years by renowned archaeologist Franck Goddio in the Mediterranean Sea. The artifacts provide a rare glance into Egyptian life and history dating from the 7th century BC to the 8th century AD, and the tragic fate suffered by the cities of Alexandria, Heracleion and Canopus. The exhibit, which officially opened with an inaugural ceremony yesterday attended by numerous dignitaries and government officials, had previous shows in Paris, Berlin and Bonn, with attendance of more than 1.5 million visitors. It is produced by Institut Europeen d'Archeologie Sous-Marine and Hilti Arts & Culture GmbH. The exhibit in Spain is scheduled to close on September 28, 2008.
"The selection of our organization to provide merchandising and enhance the visitor experience for this exciting exhibition represents acknowledgement of our expertise in this specialized sector - including current museum exhibits of King Tutankhamun in London and Austria. We look forward to a successful exhibition in Madrid and continued expansion of the company's exhibit merchandising operation," said Mitch Francis, chairman and chief executive officer of Tax Corporation.
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 golf and dining through its sales locations in Las Vegas. The company sells 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, Tix Productions 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.