Titanic 'Hits It Big' at Tropicana in Las Vegas
ATLANTA, March 24 /PRNewswire/ -- Premier Exhibitions, Inc. (BULLETIN BOARD: PXHB) announced through its wholly-owned subsidiary, RMS Titanic, Inc. that Titanic ... The Artifact Exhibition opens to the public at the Tropicana Resort & Casino in Las Vegas on Friday, March 25th and will continue through October 31st, 2005.
"Titanic ... The Artifact Exhibition is the type of world class attraction the Las Vegas visitor expects -- it's an unforgettable experience," says Gary Van Hettinga, President and General Manager of Tropicana Resort & Casino. "We are looking forward to great success with this exhibition as we previously enjoyed on two occasions in our Atlantic City property."
Arnie Geller, President and CEO of Premier Exhibitions, commented, "Tropicana is located on the busiest corner of the Las Vegas strip and is perfect for showcasing this remarkable exhibition which now features the 'Big Piece' -- a 15 ton section of Titanic's hull." Mr. Geller continued, "We again look forward to another successful collaboration with Tropicana's impressive management team."
There will be 300 artifacts displayed in this 25,000-square-foot exhibition facility that recreates many areas of the historic ship and features authentic artifacts rescued from the wreck site, which lies two and a half miles beneath the North Atlantic Ocean. Visitors to the exhibition take a chronological journey through the tale of Titanic, from the construction of the legendary ship, to life onboard and ultimately to its tragic sinking. Titanic ... The Artifact Exhibition has been seen by more than 15 million visitors worldwide, making it the most highly attended and enduring traveling exhibition in history.
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world. RMS Titanic, Inc. is the only company permitted by law to recover objects from the wreck of the Titanic. A United States federal court issued that right in 1994. Since then the Company has conducted seven research and recovery expeditions to the Titanic wreck site and recovered approximately 5500 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 29, 2004, 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 condition 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 financing, and whether or not the Company consummates its planned leases to place exhibits. We disclaim any obligation to update these forward- looking statements.
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