SOURCE: TicketNetwork / Ticket Software LLC

September 16, 2008 10:17 ET

TicketNetwork.com Inventory Surpasses $1Billion Mark

Global Provider of Tickets to Events Leads Secondary Industry in Inventory, Price, Availability and Selection

VERNON, CT--(Marketwire - September 16, 2008) - TicketNetwork, the leading source for the ticket industry's most comprehensive inventory, today announced it has crossed the billion dollar ticket inventory threshold. TicketNetwork's internet ticket exchange software product is used by thousands of brokers around the world who buy and sell over a billion dollars worth of tickets in real-time via TicketNetwork's brokers, partners, customers and subsidiaries.

"Due to TicketNetwork.com's ability to offer the most extensive selection of tickets to sporting events, concerts and theater makes us the vendor of choice among brokers and consumers who have high expectations about which web site they choose to make their ticket purchases and sales," said Don Vaccaro, CEO, TicketNetwork. "A billion dollars in tickets solidifies our industry position as the backbone of the secondary ticket market. The guarantees we promise, supplemented by the accuracy and speed of our software to make successful transactions is critical to exceeding the needs of today's ticket buyers and sellers," Vaccaro added.

As of September 2008, approximately two-thirds of TicketNetwork's inventory includes tickets for sporting events and the theater, which are almost evenly split and represent approximately $800 million in respective tickets. Concerts and other live events make up the remaining three hundred million dollars worth of tickets available to brokers, partners and consumers.

                TicketNetwork.com Ticket Inventory Snapshot:

                         $314,742,720 - Sports
                         $141,258,549 - Concerts
                         $475,089,948 - Theatre
                         $314,102,121 - Other Ticket Categories

About TicketNetwork

TicketNetwork 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. TicketNetwork's inventory includes more than $1 billion in tickets to 82,000 events worldwide. TicketNetwork's properties include: TicketLiquidator.com, TicketNetwork Direct, TicketNews, Ticket Summit 2009 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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