SOURCE: TicketNetwork / Ticket Software LLC

November 18, 2008 10:35 ET

TicketNetwork.com Achieves Elite PCI DSS Compliance Status

Designation Makes TicketNetwork.com the Most Secure Ticket Buying Source on the Web

VERNON, CT--(Marketwire - November 18, 2008) - TicketNetwork.com, the leading source for the ticket industry's most comprehensive inventory, today announced it has adopted new measures to increase the security of tickets bought and sold on TicketNetwork.com and tickets sold via partner web sites. TicketNetwork.com has invested $2.25 MM and a year and half of technical expertise to build a secure platform that meets the elite security standards of the Payment Card Industry Data Security Standard's (PCI DSS) Council. The company is now a certified merchant, service provider and payment application provider making TicketNetwork.com the most secure ticket site on the Web.

"With our PCI DSS certification, we have exceeded the ticket industry's best practices by keeping consumer and partner financial information as confidential as possible," said Don Vaccaro, CEO, TicketNetwork.com. "Next steps include assisting TicketNetwork's brokers and partners to achieve heightened levels of individual certification."

PCI DSS compliance is a mandate imposed by all of the major credit card companies including MasterCard, Visa and American Express. In the fourth quarter of 2008, all businesses that process credit card information are required to be certified or are subject to fines and possible termination of credit card processing rights.

The addition of PCI DSS compliance to TicketNetwork.com's numerous existing safeguards on its ticket exchange guarantees the overall best protection of card-holder information from potential identity theft and security breaches.

TicketNetwork recently garnered four significant honors, ranking first on the Deloitte Fast 50 list in the New York, New Jersey and Connecticut area and second on the national Deloitte Fast 50 list. The company ranked first on the UHY LLP Connecticut Tech Top 40 award. These honors come on the heels of another award win in August 2008, when TicketNetwork ranked number twenty-seven on Inc Magazine's annual ranking of the 5,000 fastest-growing private companies in the country. TicketNetwork has achieved 111,580% growth over a five year period.

About TicketNetwork.com

TicketNetwork.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 throughout North America. TicketNetwork.com's inventory includes more than 4 million tickets to 71,000 events worldwide. TicketNetwork's properties include: TicketLiquidator.com, TicketNetwork Direct, TicketNews, Ticket Summit and TicketNetwork point-of-sale solutions. TicketNetwork.com was founded in 2002 and is headquartered in Vernon, Connecticut. For more information, visit www.ticketnetwork.com.

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