STUDIO CITY, Calif., June 26, 2008 (PRIME NEWSWIRE) -- Tix Corporation (Nasdaq:TIXC) today announced it has been selected for inclusion in the Russell Microcap(r) Index, according to a preliminary list of additions recently published by Russell Investments. The index is scheduled to be reconstituted tomorrow, Friday, June 27, after the close of market and final membership lists will be posted on Monday, June 30, 2008.
Russell reconstitutes its indexes annually -- ranking stocks by market capitalization and various objective attributes to create the Russell MicroCap and other indexes. Its indexes are utilized by investors to track performance and provide institutional benchmarks.
"The selection of Tix Corporation for inclusion in the Russell Microcap Index represents an important milestone for the company -- providing increased awareness and an opportunity to broaden our investor base," said Mitch Francis, chairman and chief executive officer of Tix Corporation.
About Russell
Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. At March 31, 2008, Russell had nearly $213 billion in assets under management. It serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company.
About TIX Corporation
Tix Corporation is an integrated entertainment organization offering ticketing services, event merchandising and concert and theatrical productions. It currently operates five prime locations in Las Vegas under the Tix4Tonight marquee -- offering up to a 50 percent discount for same-day shows, concerts, attractions and sporting events. It also offers discount products for golf and dining at its sales locations in Las Vegas. The company also offers premium tickets to concerts, theater and sporting events throughout the United States. Its Exhibit Merchandising operation is engaged in branding, product merchandise development and sales activities related to museum exhibitions and other events -- including the King Tutankhamen and Real Pirates tours, selling themed souvenir memorabilia and collector's items in specialty stores in conjunction with the specific events and venues. The company's newest division is dedicated to concert and live theatrical promotion and production of events throughout the United States, Canada and Europe.
Except for the historical information contained herein, certain matters discussed in this press release are forward-looking statements which involve risks and uncertainties. These forward-looking statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are discussed in the company's various filings with the Securities and Exchange Commission.