Business Editors
CHICAGO--(BUSINESS WIRE)--February 28, 2002
Deal Opens New Markets for Season Tickets, Broadens Tickets.com's
Online Product Offerings for Professional Sports and Arts and
Entertainment Venues Worldwide
Season Tickets today announced it was named the exclusive third-party provider of online Ticket Exchange, Ticket Management and Group Ticket Window software and services to Tickets.com (Nasdaq: TIXX). The three-year deal, which began January 18, 2002, encompasses all Tickets.com customers, including Major League Baseball teams, and provides new market opportunities for Season Tickets in the United States and around the world.
The deal will allow Tickets.com to license, distribute and promote Season Tickets' software and services to Major League Baseball (MLB) teams through Major League Baseball Advanced Media, the Interactive Media and Internet Company of MLB. In addition, Tickets.com will promote Season Tickets' software to performing arts clients as a complement to its existing integrated online functionality, which includes Tickets.com's Encore Ticket Exchange Program. Together, Tickets.com's Encore and Season Tickets' Ticket Exchange can now offer secondary market ticketing to all of Major League Baseball's teams and Tickets.com's clients, regardless of whether they have integrated Access Control equipment at the venue.
"The San Francisco Giants, using our Double Play technology, pioneered integrated electronic ticket exchange two years ago, and proved that providing a safe and reliable electronic marketplace of high quality tickets to their fans - tickets that might otherwise have gone unused - was an extremely valuable service," said Andy Donkin, President, Internet Ticketing Group for Tickets.com. "Our partnership with Season Tickets now provides us with a complementary product offering that extends our online secondary market and group ticketing products to all of our MLB teams and performing arts venues without necessarily requiring a capital investment for back office technology development."
In addition to Major League Baseball Advanced Media, Tickets.com will promote Season Tickets' Ticket Management and Exchange software to its network of thousands of entertainment organizations. This network includes performing arts centers, professional sports organizations and various stadiums and arenas in the United States, Canada, Europe, Australia and Latin America.
