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Tix Corporation Announces New Board Member Andy Pells STUDIO CITY, Calif., June 18 /PRNewswire-FirstCall/ -- TIX CORPORATION (OTC Bulletin Board: TIXC - News; the "Company") is pleased to announce the election and appointment of Andy Pells to its board of directors. Andy Pells' career has been focused on the hospitality industry. Most recently, (beginning in 1990) he was a co-founder of Hotel Reservations Network aka Hotels.com. He helped invent the 'merchant model' used today by all major travel websites and along with Hotels.com offered the first interactive hotel booking engine on the internet. The businesses succeeded due to 'conservative entrepreneurship' of innovative ideas, executed by sound business practices. He was part of the team that took the company public in 2000 and sold it to USA Network (now Interactive Corp IAC). After IAC purchased Expedia.com, Pells assisted the transition teams to merge the back end of the 2 organizations in an effective manner. Pells' last role in the company before a planned exit in December of 2003 was responsibility for the product development, market management and hotel contracting teams for Hotels.com and Expedia.com. As co-founder, Senior VP of Sales and Chief Product Officer of Hotels.com, he was an active member of the Executive Board and involved in financial decisions, budgets and contract negotiations. Since his departure from Hotel.com/Expedia.com he has been consulting in the hospitality industry, assisting businesses with their internet marketing and product development. He currently serves on several corporate and non-profit boards. Andy Pells received his Bachelor of Science degree from the University of Arizona. Mr. Pells stated, "It's exciting to become involved in the entertainment ticketing industry with Tix Corporation, which closely mirrors the objectives, challenges and solutions I experienced in the travel industry." Mitch Francis, CEO and Chairman said, "Andy Pells is an exceptional addition to Tix Corporation's Board of Directors. His background in the acquisition of value product coupled with his knowledge of website marketing will prove to be of tremendous benefit to the Company and its shareholders as we grow and expand our businesses to the national marketplace."
Tix Corporation's wholly-owned subsidiary, Tix4Tonight, sells tickets for Las Vegas shows, concerts, attractions and sporting events at half-price, on the same day of the performance. Additionally, the Company's newTix4Stand-byGolf division offers discount golf tee times for over 35 courses in Las Vegas for both same-day and advanced bookings and its Tix4Dinners subsidiary offers up to 50% off entrees at local Las Vegas restaurants and buffets. The company's recent acquisition, AnyEvent.com, sells tickets to concerts, theater and sporting events throughout the country. Tix4Tonight has four prime ticket booth facilities, strategically placed at highly foot-trafficked locations in Las Vegas, Nevada. They include the Hawaiian Marketplace at the South end of the Strip, the Fashion Show Mall in front of Neiman Marcus, directly across the street from the new Wynn Resort at the middle of the Strip, North Strip, just South of the Riviera Hotel, and a downtown Las Vegas facility in the Four Queens Hotel, fronting onto the Fremont Street Experience.
Cautionary Statement pursuant to Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: All statements in this news release that are not statements of historical fact are deemed to be forward-looking statements. 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. Many of these risks and uncertainties are identified in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements. This document is only for the general information of shareholders, potential investors and other interested parties, and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities. The opinions expressed herein are the current opinions of management as of the date appearing on this document.
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Tix Corporation. 2007. Copyright. All Rights Reserved. |