ATLANTA, Nov. 18, 2008 (GLOBE NEWSWIRE) -- RMS Titanic, Inc., a wholly owned subsidiary of Premier Exhibitions, Inc. (Nasdaq:PRXI), has entered into an agreement to bring Titanic: The Artifact Exhibition to the Science Museum of Minnesota. The Exhibition is scheduled to open in June 2009.
This record setting Exhibition is a chronological journey through life on board the Titanic and compassionately tells its personal stories through recovered artifacts and dramatic room recreations. Each visitor becomes a passenger and feels the excitement of that April day as they step into authentically recreated first and third class accommodations, view the Ship's cargo hold and observe a three thousand pound section of the Ship's hull. Visitors will then feel the temperature drop, learn details of the sinking, touch an iceberg and understand the theories of this tragic tale.
At 14,000 square feet, Titanic: The Artifact Exhibition is one of the largest exhibitions the Science Museum has ever hosted.
"Titanic: The Artifact Exhibition is an extremely powerful experience," says Mike Day, senior vice president of museum enterprises at the Science Museum of Minnesota. "We're thrilled to be able to offer Science Museum visitors an even more detailed glimpse at the elegance - and ultimate tragedy - of the famous ship, as well as a chance to explore the science behind the wreck and the recovery and conservation of its stunning artifacts."
"We are honored to be invited to Minnesota and are eager to collaborate with the team at the Science Museum in presenting Titanic," said Arnie Geller, President and CEO of Premier Exhibitions, Inc. said, "This Exhibition continues to demonstrate the strong demand and continuing success of Titanic: The Artifact Exhibition and we look forward to an impressive run in St. Paul."
RMS Titanic, Inc. a wholly owned subsidiary of Premier Exhibitions, Inc. is the only company permitted by law to recover objects from the wreck of the Titanic. The Company was granted Salvor-in-possession rights to the wreck of Titanic by a United States federal court in 1994 and has conducted seven research and recovery expeditions to Titanic's debris field which recovered approximately 5,500 artifacts.
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world.
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, Inc. has 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, 2008 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.