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Premier Exhibitions, Inc. Successfully Opens Fourth Self-Operated Venue

Stocks in this article: PRXI

BUENA PARK, Calif., Aug. 2, 2013 (GLOBE NEWSWIRE) -- Premier Exhibitions, Inc. (Nasdaq:PRXI) successfully launched a new self-operated venue in Buena Park, California featuring the company's blockbuster exhibits, Titanic The Experience and BODIES...The Exhibition. The Company currently has self-operated venues in Atlanta, Las Vegas and Orlando, which makes the new Exhibition Center the Company's fourth domestic self-run venue, in addition to the 18 other shows Premier Exhibitions, Inc. tours in museums and institutions throughout the world.

"The opening of the Premier Exhibition Center in Buena Park represents the Company's ongoing efforts to expand our operating business by adding company managed facilities in areas of high tourist traffic to exhibit our existing and future exhibition content," said Samuel S. Weiser, president and CEO of Premier Exhibitions, Inc. " Titanic The Experience in Buena Park includes new, never before seen elements with expectations to add additional, new and innovative elements incorporating intellectual property obtained on our 2010 Expedition to Titanic. We will continue to utilize our Titanic related intellectual property, and the intellectual property related to our other exhibtions to broaden our revenue model and find new avenues to improve the profitability of our operating business," Weiser said.

The highly anticipated grand opening of the Premier Exhibition Center in the fully renovated historic Movieland Wax Museum was celebrated with a ribbon cutting ceremony where State Assemblywoman Sharon Quirk-Silva, Buena Park Mayor Elizabeth Swift as well as representatives for Senator Bob Huff and Congressman Ed Royce, presented Premier Exhibitions, Inc. with certificates of recognition for the Company's contribution to Buena Park.

"As a retired school teacher, we are very excited about the educational value these two exhibits will bring to our city," said Buena Park Mayor Elizabeth Swift at the grand opening ceremony. "They are not only educational, they are also very engaging and it's impossible to not feel like you are a part of the Exhibitions as you go through."

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