ATLANTA, July 15, 2008 (PRIME NEWSWIRE) -- Premier Exhibitions, Inc. (Nasdaq:PRXI) announced today that it signed a multi-year, global agreement with Showtime Pictures to become the exclusive photography partner for Premier's touring and permanent exhibitions.
In partnering with Showtime, Premier will offer a variety of customized photo opportunities across its growing base of exhibitions around the world. These photos allow visitors to bring home the lifetime experiences created by interacting with the incredible artifacts at Premier's exhibitions. Showtime Pictures is currently the photography partner at Premier's Titanic: The Artifact Exhibition in Las Vegas and Star Trek: The Exhibition, in San Diego.
"Based on Showtime's results to date in Las Vegas and San Diego, we expect this partnership to substantially increase the contribution to our bottom line," states Bruce Eskowitz, President and Chief Executive Officer of Premier Exhibitions, Inc. "This relationship takes us one step closer to building Premier into a vertically integrated live entertainment company by increasing the ancillary revenue generated at our exhibitions."
"We are excited to expand our photographic partnership with Premier Exhibitions," said Kemal Arin, President of Showtime Pictures. "We believe Premier's world-class attractions provide deep experiences that people seek to remember for a long time."
About Premier
Premier Exhibitions, Inc. (Nasdaq:PRXI) located in Atlanta, GA is a major provider of museum quality exhibitions throughout the world. Premier is a recognized leader in developing and displaying unique exhibitions for education and entertainment. The Company's exhibitions present unique opportunities to experience compelling stories using authentic objects and artifacts in diverse environments. Exhibitions are presented in museums, exhibition centers and other entertainment venues. More information about Premier Exhibitions, Inc. is available at the company's web site www.prxi.com.
Forward-Looking Statements
Certain of the statements contained in this press release contain forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Premier Exhibitions have based these forward-looking statements on its current expectations and projections about future events, based on the information currently available to it. The forward-looking statements contained in this press release may also include statements relating to Premier Exhibitions' anticipated financial performance, business prospects, new developments, strategies and similar matters. Certain of the factors described in Premier Exhibitions' filings with the Securities and Exchange Commission, including the section of its Annual Report on Form 10-K for the year ended February 28, 2007 titled "Risk Factors," may affect Premier Exhibitions' future results and cause those results to differ materially from those expressed in the forward-looking statements. Premier Exhibitions disclaims any obligation to update any of its forward-looking statements, except as may be required by law.