SOURCE: TicketNetwork(R)

TicketNetwork(R)

November 26, 2012 09:00 ET

TicketNetwork® Online Exchange Registers Ten Millionth Order

Online Ticket Marketplace Meets High Demand for Live Event Tickets

SOUTH WINDSOR, CT--(Marketwire - Nov 26, 2012) - TicketNetwork® announced today the ten millionth event ticket order was placed on its online exchange. These orders demonstrate the general public's demand and appreciation for a secure means of obtaining tickets to highly sought-after events. The TicketNetwork® Online Exchange displays ticket listings for theater, concert, and sporting events from independent ticket sellers and helps connect those sellers with ticket buyers.

TicketNetwork® achieved this milestone in less than ten years. In this time, the TicketNetwork® Online Exchange grew to host one of the leading ticket exchange sites in the secondary ticket market. Prior to companies such as TicketNetwork®, individuals that missed out on purchasing tickets through primary sales channels would have limited options to attend an event.

"This benchmark, over ten million orders through TicketNetwork®'s Online Exchange, is a result of a great team of people working hard to create an accurate and fair marketplace for brokers and customers in the secondary ticket industry. We take our responsibility to the consumer very seriously, and are pleased to offer safeguards ensuring safe and timely ticket transactions in the secondary market," said TicketNetwork® co-CEO Doug Kruse. "Our strict standards of compliance and dedicated customer service protect people from fraudulent transactions. We work every day to uphold equity in the industry."

TicketNetwork®'s Online Exchange lists roughly $2 billion in ticket inventory to more than 70,000 unique events.

About TicketNetwork®

TicketNetwork® hosts the leading online marketplace for event tickets to concert, sport, and theater events around the country and the world. Through our vast network of websites, we connect buyers and sellers from around the country, with ticket inventory listings to more than 80,000 events worldwide. Our company's flagship software product, TicketNetwork® Point-of-Sale, powers real-time ticket transactions through our Online Exchange, making it the leading innovative software platform in the secondary ticket industry. Our signature retail website TicketNetwork.com is both Payment Card Industry (PCI) and EVSSL-certified, ranking it among the top secure sites for event tickets in the secondary market. TicketNetwork®, Inc. subsidiaries include Ticket Software LLC, TicketLiquidator.com, and TicketNews®. TicketNetwork® was founded in 2002 and is headquartered in South Windsor, Connecticut.

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