RepeatSeat Ltd.
TSX VENTURE : RPS

RepeatSeat Ltd.

April 04, 2006 09:30 ET

Repeatseat Ltd. Signs Exclusive Agreement with Quantum Loyalty Systems Inc., North America's Largest Distributor of Promotional Movie Tickets

CALGARY, ALBERTA--(CCNMatthews - April 4, 2006) -

RepeatSeat Provides the Online Processing Expertise for Quantum Loyalty Systems

RepeatSeat Ltd. (TSX VENTURE:RPS) a leading global entertainment services company offering private label ticketing in the United States and Canada and Quantum Loyalty Systems Inc., owner of the Hollywood Movie Money® brand, are pleased to announce a multi-year agreement that will increase the efficiencies of promotional movie ticket redemption. This agreement will result in RepeatSeat providing the technical online expertise and engine for Hollywood Movie Money (HMM), the largest distributor of promotional movie certificates across North America.

Hollywood Movie Money (HMM) invented the category of pre-paid promotional movie certificates. Since 1988, Quantum Loyalty Systems has invited over 850 million people to the movies with a theater network that guarantees acceptance throughout North America. RepeatSeat's dominance in the on-line movie ticketing market in Canada has highlighted their value as an optimal partner for HMM.

Burke Miller, COO and CFO of Quantum Loyalty Systems Inc. stated, "RepeatSeat's control of greater than 60% of the online movie ticketing across Canada and superior technology offerings provide us with the perfect partner to significantly expand our Canadian operations, while at the same time removing significant costs from our redemption process". With this Agreement the two companies will provide HMM promotional program participants with online redemption of movie certificates which will increase the ease and efficiency for consumers, while providing substantial efficiencies and cost savings to both HMM and its brand clients.

"Last year HMM distributed more than 20 million movie theatre tickets in the United States, while delivering only 250,000 in Canada. Using the innovative new redemption process we developed together with RepeatSeat, it is not unreasonable to expect our business in Canada to grow to two million tickets, based on relative populations and movie attendance", said Burke Miller.

The significant advantages to all parties as a result of RepeatSeat and HMM working together ensure the increased success of pre-paid promotional movie certificates across Canada. "HMM is recognized as the premier North American company in the promotion and distribution of sponsored based ticketing for movie releases. Partnering with them to significantly increase their reach in Canada was quite frankly a "no-brainer" for us", stated George Davidson, president and CEO of RepeatSeat, "their product is a natural fit into our online technology and current market presence."

Both HMM and RepeatSeat see the value that each party brings to the table under this deal and both recognize that this is a stepping stone to co-operative programs across North America. The enhanced appeal of promotional movie certificates due to this Agreement will result in increased revenues and opportunities for both companies.

About RepeatSeat Ltd.

RepeatSeat Inc. is a leading global entertainment services company, offering private label ticketing in the United States, Canada and the Caribbean. The Company promotes its clients' brand instead of its own. RepeatSeat's innovative Ticket Relationship Management (TRMTM) solutions provide turn-key point-of-sale, Internet and wireless applications to target markets including performing arts venues, movie theatres, sports venues, cruise ships, tourist attractions and conferences/trade shows. All solutions feature full end-user data capture and management, and one of the most comprehensive targeted permission e-mail programs available in the marketplace today.

About Quantum Loyalty Systems Inc.

With more than 850 million certificates issued since 1988, Quantum Loyalty Systems, Inc. is the leader in providing promotional currencies for entertainment and lifestyle promotions. Quantum's Hollywood Movie Money, You've Got Money and Quantum RewardsCard franchises are turnkey promotional systems designed to enhance companies' brand awareness, increase customer loyalty and generate incremental sales. In addition, Quantum offers all of their programs at costs much lower than the actual value since clients only pay for the rewards their customers use, not what is issued. Quantum also operates in Mexico, Brazil, United Kingdom and Italy.

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