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Press Release Tix Corporation Announces the Opening of Tutankhamun and The Golden Age of the Pharaohs Merchandise Store in London STUDIO CITY, Calif., Nov. 29 /PRNewswire-FirstCall/ -- TIX CORPORATION (OTC Bulletin Board: TIXC - News; the "Company") is pleased to announce that its wholly owned subsidiary Exhibit Merchandising LLC has opened a merchandise and gift store in the O2 Entertainment Complex in London that is currently displaying "Tutankhamun and The Golden Age of the Pharaohs." To date there have been 325,000 presold/reserved tickets to the exhibit. The exhibit opened on November 15, 2007 to the public, and has been toured by Dr. Zahi Hawass, Secretary General for the Supreme Council of Antiquities in Cairo, Suzanne Mubarak, and HRH Prince Charles and Camilla. The exhibit is forecasted to draw 1.2 million visitors during its time in London. Exhibit Merchandising LLC operates the merchandise and gift store that is located at the end of the tour. Exhibit Merchandising LLC donates the full proceeds from the sales of a replica of Dr. Zahi Hawass' famous explorer hat to the Suzanne Mubarak Children's Museum in Cairo Building Fund to provide a brand new children's museum in Cairo. Exhibit Merchandising LLC also donates 10% of gross sales to the same fund to help in the restoration of ancient Egyptian monuments. To date Exhibit Merchandising LLC has contributed nearly $3 million towards these endeavors. Akron, Ohio based Exhibit Merchandising LLC was formed in 2004 to handle the affiliated merchandising opportunities of touring exhibitions. Exhibit Merchandising LLC was able to successfully negotiate exclusive merchandising rights for the King Tut tour, which immediately made the company both profitable and highly visible in the museum market. Exhibit Merchandising was also able to secure a similar contract for Real Pirates, a museum tour which commenced in June of 2007. Exhibit Merchandising sells themed souvenir posters, memorabilia and collector's items in specialty stores set up for the duration of the tour's presence at a particular museum. Tix Corporation through its wholly-owned subsidiary, Tix4Tonight, sells tickets for Las Vegas shows, concerts, attractions and sporting events at discounts up to 50% off the face value of the ticket, on the same day of the performance. The Company also offers two additional discount products at its Las Vegas facilities, Tix4Golf and Tix4Dinners. Tix4Golf offers 25% to 50% discounted reservations for golf tee times for many of the golf courses in Las Vegas and Tix4Dinners offers up to 50% off entrees at great Las Vegas restaurants and buffets. The Company's Tix4AnyEvent.com, sells premium tickets to concerts, theater and sporting events throughout the country. Tix4Tonight now has five prime ticket booth locations, 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 Wynn Resort at the middle of the Strip; at the North Strip, just South of the Riviera Hotel; a downtown Las Vegas facility in the Four Queens Hotel, fronting onto the Fremont Street Experience; and the newest facility located at the South end of the Strip in the Showcase Mall, behind the giant Coke Bottle, next to the MGM Grand Hotel. 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. |