Joseph Marsh Elected to Tix Corporation's Board of Directors
STUDIO CITY, Calif., July 13, 2009 (GLOBE NEWSWIRE) -- Tix Corporation
(Nasdaq:TIXC), a leading integrated entertainment company providing discount and
premium ticketing services, event and branded merchandising, and
production/promotion of live concert and theatrical events, announced today that
Joseph Marsh, a producer and promoter of concerts, theatre and family
entertainment worldwide, was elected to its board of directors.
"Joe's more than 20 years' experience as a producer and presenter of family
entertainment will be an important resource to us at the Board level," said
Mitch Francis, President and Chief Executive Officer of Tix Corporation. "As
Co-CEO of our live entertainment business, he has been instrumental in
integrating that business with our ticketing and merchandising businesses and we
look forward to his continued guidance and advice as a member of our Board."
Mr. Marsh has produced shows such as Magic of David Copperfield, Michael
Flatley's Lord of the Dance, Jesus Christ Superstar and Mannheim Steamroller. He
has been actively involved in the growth and development of the Company's live
entertainment business, as Co-Chief Executive Officer of Tix Productions, Inc.,
a wholly owned subsidiary of the Company. Mr. Marsh, in partnership with Mr. Lee
D. Marshall, co-founded Magic Arts and Entertainment, LLC ("Magic"), which was
acquired by the Company in February 2008. Mr. Marsh was a shareholder of Tix
Corporation prior to its acquisition of Magic and presently owns approximately
15% of the Company's common stock.
About TIX Corporation
Tix Corporation is an integrated entertainment company providing discount and
premium ticketing services, event and branded merchandising, and
production/promotion of live concert and theatrical events. It currently
operates six 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, as well as discount reservations for golf and dining. The
Company also offers premium tickets to concerts, theater and sporting events
throughout the United States under its Tix4AnyEvent.com brand. Newly launched
Tix4Members.com offers closed groups discount tickets for nationwide events
through a co-branded website with Costco. The Company's Exhibit Merchandising
operation is engaged in branded merchandise development and sales activities
related to museum exhibitions and Broadway shows worldwide. Its client roster
includes: the King Tutankhamun exhibits and The 101 Dalmatians Musical, which
opens in October. Tix Productions produces and promotes first-class live
entertainment throughout the United States and Canada. Its Magic Arts &
Entertainment division produces The Magic of David Copperfield, Michael
Flatley's Lord of the Dance, The Christmas Music of Mannheim Steamroller, Rain -
a Tribute to the Beatles and the highly anticipated production of The 101
Dalmatians Musical. NewSpace Entertainment operates the Broadway subscription
series in 10 U.S. cities.
Safe Harbor Statement
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. The Company assumes no obligation to update
these forward-looking statements.
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CONTACT: ICR, Inc.
John Mills
Anne Rakunas
(310) 954-1100
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