ATLANTA, Dec. 5 /PRNewswire-FirstCall/ -- Premier Exhibitions, Inc.
(OTC Bulletin Board: PXHB) today announced that its wholly owned subsidiary
RMS Titanic, Inc. opened its blockbuster exhibition "Titanic: The Artifact
Exhibition" in the A/T Exhibition Center in Seoul, South Korea.
beginning in Seoul will also be in presented in Busan and Daegu before closing
in February of 2006.
"We effectively partnered with GMG Entertainment of Korea last year when
presenting our Bodies Revealed exhibition at Samsungs Everland Theme Park,"
states Arnie Geller, President and CEO of Premier Exhibitions, Inc. "I am
confident that Titanic will be embraced by the Korean public and achieve great
Making its first appearance in South Korea, "Titanic: The Artifact
Exhibition" will showcase numerous artifacts recovered from the debris field
of the Titanic along with a reproduction of the ships Grand Staircase and a
new gallery featuring a very large and dramatic model of the wreck as it
exists today. In addition, many of the artifacts being presented have never
been exhibited to the public before.
Premier Exhibitions, Inc. is a major provider of museum quality touring
exhibitions throughout the world.
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
the Titanic by a United States federal court in 1994 and has conducted seven
research and recovery expeditions to the Titanic wreck site and recovered
approximately 5,500 artifacts.
Certain of the above statements contained in this press release are
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. The Company 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 include statements relating to the Company's
anticipated financial performance, business prospects, new developments, new
strategies and similar matters. The following important factors, in addition
to those described in the Company's filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for the year ended
February 28th, 2005, especially in the Risk Factors and the Management's
Discussion and Analysis sections, and its Quarterly Reports on Form 10-Q and
its Current Reports on Form 8-K (each of which is available upon request from
the Company), may affect the future results of the Company and cause those
results to differ materially from those expressed in the forward-looking
statements, material adverse changes in the economic conditions in the
Company's markets, including as a result of terrorist attacks, competition
from others, how much capital the Company may receive or may not receive from
required financings, whether or not the Company consummates its planned leases
to place the exhibits. We disclaim any obligation to update these forward-
For additional Information:
Public and Media Relations: Katherine Morgenstern 404-842-2600
Investor Relations: North Coast Advisors, Inc.: Craig T. Stewart