SOURCE: TicketNetwork / Ticket Software LLC

November 15, 2006 09:33 ET

TicketLiquidator.com Announces Consumer Ticket Exchange

Consumer Ticket Holders Pay Lower Fees to Sell Tickets Directly to Other Consumers

VERNON, CT -- (MARKET WIRE) -- November 15, 2006 -- TicketLiquidator.com, the leading source for the most comprehensive selection of tickets at the lowest prices, today announced the introduction of its consumer ticket exchange, an online resource which enables consumer ticket holders to sell tickets directly to other consumers for concerts, theater, and sporting events.

"Ticketholders have several advantages when selling their tickets on TicketLiquidator.com," said Don Vaccaro, CEO, TicketLiquidator.com. "From a cost perspective, sellers will make more of a profit from the sale of each ticket without paying extra listing or insertion fees. Sellers will also benefit from the extensive web exposure our consumer ticket exchange provides not only on TicketLiquidator.com but on the websites of our partners and affiliates as well. It's the cheapest, easiest way to reach millions of ticket shoppers online," added Vaccaro.

"This is an important step for us," Vaccaro noted. "In the past most of our inventory has been provided by ticket brokers in the regular business of buying and reselling tickets. Our industry is growing dramatically. We decided the time had finally come to serve the peer-to-peer market for ticket sales with a product that was cheaper for sellers and safer for buyers than existing business models."

Lower listing fees

TicketLiquidator.com charges ticket sellers 10% of the listing price per ticket, as compared to 15% on other industry sites. In addition to lower fees being charged for ticket sales, TicketLiquidator.com does not charge listing or insertion fees. Fees are only accrued when tickets sales are finalized.

Extensive Web Exposure, Quicker Sale

Tickets listed on TicketLiquidator.com will realize more exposure and traffic with real-time posting on hundreds of additional partner websites, including TicketLiquidator.com, the second most popular ticket resale site online.

Highest Standard of Fraud Protection

TicketLiquidator.com has developed an industry-leading ticket sale system to prevent consumer fraud. Customer information is carefully reviewed and validated by customer service representatives. In addition, new sellers on the system will ship their tickets to TicketLiquidator.com for review before tickets are resent to retail customers.

About TicketLiquidator.com

TicketLiquidator.com is the leading source for the most comprehensive selection of tickets at competitive prices. It is the world's leading provider of real-time ticket inventory and sells sought after tickets to concert, sporting, and theater events through North America. TicketLiquidator.com's inventory includes more than 2.2 million tickets to 52,000 events. TicketLiquidator.com was founded in 2002 and is headquartered in Vernon, Connecticut. For more information, visit www.ticketliquidator.com.

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