Titanic Takes a One Year Tour of South Korea
ATLANTA, Dec. 5 /PRNewswire-FirstCall/ -- Premier Exhibitions, Inc. (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. The tour 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 success."
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- looking statements.
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