RepeatSeat Ltd.

RepeatSeat Ltd.

March 22, 2007 09:30 ET

RepeatSeat Announces 400% Increase in On-Line Movie Ticket Volume in First Three Months of 2007

CALGARY, ALBERTA--(CCNMatthews - March 22, 2007) - RepeatSeat Ltd. (TSX VENTURE:RPS), a leading interactive entertainment solutions company, is pleased to announce that Canadian on-line movie ticket sales using the RepeatSeat private label on-line ticketing solution have increased over 400% to date in Q1/07 over the same period in 2006.

What makes it all the more impressive is that as movie years go, it was a weak start, at one point down 5 percent in box office revenue and down 7 percent in attendance as compared to the comparable year-earlier period, according to figures from Media By Numbers, an Encino-based box office tracking firm.

"This increase in on-line activity occurred during what is historically considered the slowest quarter in the annual movie business calendar, which validates the RepeatSeat model that recognizes the move toward on-line and mobile ticketing" stated RepeatSeat president George Davidson.

The timing could not be better. Following "300" are a string of promising spring movies, and they lead into what's expected to be a summer of massive blockbusters. Forecasters for the U.S. box office in 2007 expect that the year will top $10 billion for the first time ever, up some 7 percent over 2006.

Mr. Davidson continued to say "This trend bodes well for online sales throughout the busier second quarter of this year when the public will see the release of sequels like Spider-Man 3, Shrek the Third and the Pirates of the Caribbean: At World's End. Third Quarter sales also look promising with the release of anticipated blockbusters like Harry Potter and the order of the Phoenix and The Bourne Ultimatum."

For all future RepeatSeat investor relations needs, investors are asked to visit the RepeatSeat IR Hub at where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to where they can also request their addition to the investor e-mail list to receive all future press releases and updates in real time.

About RepeatSeat Ltd.

RepeatSeat Ltd. is a leading interactive entertainment solutions company, offering private label ticketing in North America and the Caribbean. RepeatSeat's innovative Ticket Relationship Management (TRM™) solutions provide turn-key point-of-sale, Internet and wireless applications to target markets including performing arts venues, movie theatres, sports venues, excursion operations, tourist attractions and conferences/trade shows. All solutions feature full end-user data capture and management. For more information on RepeatSeat, visit

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