SOURCE: Vendini Inc.

Vendini Inc.

January 29, 2013 09:00 ET

Vendini Delivers Another Record Year

SAN FRANCISCO, CA--(Marketwire - Jan 29, 2013) - Vendini dominated the ticketing industry again in 2012, winning a record 550 new customers, rolling out leading mobile technology and capping its best financial year ever as one of the highest growth ticketing companies in the nation.

The blockbuster year, which produced record ticket sales for Vendini customers, was fueled by mobile and social technologies that continue to be a major differentiator for the company in attracting venues seeking high impact ticketing solutions.

A highlight of the year was the debut of Walletini, the first free mobile application to serve the friend-to-friend ticketing market, allowing ticket buyers to store, transfer and get paid back for entertainment tickets from all major ticketing providers via their smartphone. Walletini's continued robust growth underscores Vendini's reputation as the leading industry expert for ticketing innovation.

"We're particularly proud of our foresight, our ability to anticipate trends and act upon them with technological expertise," said Frank Sette, Vice President of Sales. "We're committed to providing our customers with convenient solutions to help them grow their business. We're excited to report our customers are selling tickets in record numbers."

A key partnership in 2012 was Vendini's acquisition of Dataflow Workspace (renamed Vendini SiteOps), a solution that helps promoters and event producers manage the back-office logistics of festivals and events, such as credentialing, catering, stage equipment, contracts and much more. Vendini SiteOps serves the largest music festivals in the country, including Bonnaroo Music and Arts Festival, Burning Man, New Orleans Jazz and Heritage Festival, and Outside Lands.

The Boston Conservatory, Montalvo Arts Center, and The Suffolk Theater are among the hundreds of entertainment venues that made the move to Vendini's cloud-based ticketing system in 2012. Vendini also serves numerous collegiate customers including the University of Michigan, Michigan Union Ticket Office and Pomona College Bridges Auditorium, and casino customers like the Wolf Theater at the Clarion Hotel & Casino that upgraded to Vendini's event ticketing solution. Festivals that upgraded to the Vendini event logistics solution in 2012 include Newport Folk & Jazz Festivals and Taste of St. Louis.

"We're excited to partner with Vendini to streamline our box office operations and better connect with our patrons online and in-person. We upgraded to Vendini to ensure our patrons and donors have the best possible experience that they deserve," said Olivia Levering, Audience Services Manager at The Boston Conservatory.

In today's ever changing market, more customers are turning to mobile ticketing as a way to streamline the purchasing process for their buyers. Year after year, Vendini is the company that paves the way by creating easy to use and powerful solutions to manage and sell more tickets.

VENDINI | Vendini is the leader in cloud-based event ticketing and logistics software. Thousands of organizations utilize Vendini's solutions for event promotion, ticket sales, box office management and event logistics. The company's suite of applications includes a fully integrated marketing system to promote events via email and social networks like Facebook and Twitter, an event logistics software system to manage back office tasks, such as equipment and contracts, and Walletini, a mobile app that allows ticket buyers to transfer tickets to friends and get paid back on their smartphones. Vendini counts many top arts, concerts, festivals and sports venues among its customers. Vendini's corporate headquarters is located in San Francisco, with offices in Beverly Hills, Boston, Chicago, and New York. For additional information about Vendini, visit http://www.vendini.com.