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Premier Exhibitions, Inc. set to join Russell 3000 Index as well as the Russell Microcap Index
Monday June 18, 2:09 pm ET
ATLANTA, June 18 /PRNewswire-FirstCall/ --
Premier Exhibitions, Inc. (Nasdaq: PRXI - News) today announced that the Company's common stock is set to join the broad-market Russell 3000® Index and the Russell Microcap(TM) Index, when Russell Investment Group reconstitutes its comprehensive set of U.S. and global equity indexes on June 22, 2007.
Membership in the Russell Indexes, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.
Mr. Arnie Geller President of the Company made the following statement "The Company is extremely pleased to be considered for this highly coveted inclusion with the Russell Microcap Index as well as the Russell 3000 Index." Mr. Geller also added "This listing is in line with our goals to become more visible and more proactive towards advocating investor relations activities to maximize shareholder value."
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4 trillion in assets currently are benchmarked to them.
Annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. The largest 1,000 companies in this ranking comprise the Russell 1000 and the next 2,000 companies become the Russell 2000. These investment tools originated from Russell's multi-manager investment business in the early 1980s when the company saw the need for a more objective, market-driven set of benchmarks in order to evaluate outside investment managers.
About Russell:
Russell Investment Group aims to improve financial security for people by providing strategic advice, world-class implementation, state-of-the-art performance benchmarks, and a range of institutional-quality investment products. With more than $200 billion in assets under management, Russell serves individual, institutional and advisor clients in more than 40 countries. Russell provides access to some of the world's best money managers. It helps investors put this access to work in corporate defined benefit and defined contribution plans, and in the life savings of individual investors.
Founded in 1936, Russell is a subsidiary of Northwestern Mutual Life Insurance Company. Headquartered in Tacoma, Wash., U.S., Russell has principal offices in Amsterdam, Auckland, Hong Kong, Johannesburg, London, Melbourne, New York, Paris, San Francisco, Singapore, Sydney, Tokyo and Toronto.
Russell's indexes are unmanaged and cannot be investing in directly. For more information on Russell indexes, go to http://www.russell.com.
About Premier Exhibitions, Inc.:
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world.
BODIES ... The Exhibition Invited To Pittsburgh
(forgot to post this the other day)
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PRNewswire
08:40 a.m. 01/23/2007
Carnegie Science Center to Host Blockbuster Exhibition in October 2007
ATLANTA, Jan 23, 2007 /PRNewswire-FirstCall via COMTEX/ -- 2007-
Premier Exhibitions, Inc. (PRXI) today announced that their very successful presentation of BODIES ... The Exhibition will open in October 2007 at Carnegie Science Center in Pittsburgh. Visitors will have a one-of-a-kind opportunity to come face- to-face with full human bodies and partial body specimens in a way never seen before. These meticulously dissected bodies are preserved through an innovative process and respectfully presented, giving visitors the opportunity to view the beauty and complexity of their own organs and systems.
"Securing the BODIES exhibition is a major milestone in support of Carnegie Science Center's efforts to connect Pittsburgh's groundbreaking advances in life science and medicine with the inherent curiosity of the public," said Joanna E. Haas, the Henry Buhl, Jr., Director of Carnegie Science Center. "As part of the region's leading cultural organization, it is our mission to make profound and thought-provoking exhibitions like this accessible to every citizen."
"We are especially pleased to collaborate with the prestigious Carnegie Science Center for our Pittsburgh debut of Bodies ... The Exhibition," states Arnie Geller, President and CEO of Premier Exhibitions, Inc. "We look forward to offering visitors first-hand exposure to the inner workings of the human body and how it functions."
In addition to providing an up-close look inside our skeletal, muscular, respiratory, and circulatory systems the exhibition encourages healthy lifestyle choices by serving as a wake-up call. The exhibition will change the way visitors view themselves. It has never been clearer how our own choices directly affect our health.
Premier Exhibitions, Inc. is a major provider of museum quality touring
exhibitions throughout the world.
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 28, 2006, 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 terrorist attacks, competition from others, how much capital the Company may or may not receive from required financings, and whether or not, and to what extent, the Company consummates its planned leases to place exhibitions. We disclaim any obligation to update these forward- looking statements.
For additional Information: Investor Relations North Coast Advisors, Inc.: Craig T. Stewart (585) 218-7371 cstewart@ncainc.com Media Inquiries: Premier Exhibitions, Inc.: Katherine Morgenstern (404) 842-2675 kmorgenstern@prxi.com
Premier Exhibitions, Inc. Reports Record Results for Its Third Quarter and Nine Months Ending November 30, 2006
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PRNewswire
9:05 p.m. 01/09/2007
ATLANTA, Jan 09, 2007 /PRNewswire-FirstCall via COMTEX/ -- FOR THE QUARTER: * $7.9 MILLION IN REVENUE * $3.7 MILLION IN INCOME BEFORE TAXES OR $0.12 PER SHARE * $0.08 AND $0.07, BASIC AND DILUTED EPS FOR THE NINE-MONTHS: * $20 MILLION IN REVENUE * $7.7 MILLION IN INCOME BEFORE TAXES OR $0.25 PER SHARE * $0.17 AND $0.15, BASIC AND DILUTED EPS
Premier Exhibitions, Inc. (PRXI) today reported its earnings and results of operations for its third quarter and nine-months ended November 30, 2006. Revenue for the third quarter totaled $7.9 million as compared to $2.8 million in the same prior year period. For the nine-month period, revenue totaled $20 million as compared to $9 million in the prior year period.
In the third quarter net income was $2.2 million, or $0.07 per share as compared to $.09 million, or $0.00 per share, in the same prior year period. Net income for the nine-month period was $4.6 million, or $0.15 per share as compared to $2 million, or $0.08 per share, in the same prior year period.
For comparability to the prior year period, which had no provision for income taxes, the third quarter income before taxes was $3.7 million, or $0.12 per share as compared to $.09 million, or $0.00 per share. Income before taxes for the nine-month period was $7.7 million, or $0.25 per share as compared to $2.0 million, or $0.08 per share, in the same prior year period.
The diluted shares outstanding for the quarter and nine-month period ended November 30, 2006 was 31,881,095 and 30,665,766, respectively. The diluted shares outstanding for the corresponding quarter and nine-month period ended November 30, 2005 was 27,824,242 and 26,760,048, respectively.
Presentation of Additional Information Regarding Net Income, EBITDA and Free Cash Flow
Net Income. Excluding Premier Exhibitions' non-cash provision for income taxes ($1.5 and $3.0 million in the quarter and nine-month period, respectively, and not present in the prior year periods), depreciation and amortization and non-cash option, warrant and stock compensation, net income for the quarter and nine-months ended November 30, 2006 was $4.7 million and $10.2 million, respectively, and EPS was $0.15 and $0.33, respectively. Adjusting net income to exclude non-cash provision for income taxes, depreciation and amortization and non-cash option and warrant based compensation results in a figure which is not a GAAP measure. Premier Exhibitions believes that the provision of such non-GAAP information regarding net income is important to investors and other readers of Premier Exhibitions' financial statements as it provides a useful measure of Premier Exhibitions' liquidity. A table reconciling the non-GAAP information presented above to GAAP follows the financial statements included with this press release.
EBITDA. Premier Exhibitions' EBITDA for the quarter and nine-months ended November 30, 2006 was $3.9 million and $8.6 million, respectively. EBITDA is defined as net income from continuing operations before other income, income taxes, interest and depreciation and amortization. EBITDA does not represent cash flows from operations as defined by GAAP, and should not be considered as either an alternative to net income as an indicator of Premier Exhibitions' operating performance or as an alternative to cash flows as a measure of Premier Exhibitions' liquidity. Nevertheless, Premier Exhibitions believes that providing non-GAAP information regarding EBITDA is important for investors and other readers of Premier Exhibitions' financial statements, as it provides a measure of liquidity. In addition, EBITDA is commonly used as an analytical indicator within the entertainment and exhibitions industries. Because EBITDA is not a measurement determined in accordance with GAAP and is thus susceptible to varying calculations, EBITDA, as presented, may not be directly comparable to other similarly titled measures used by other companies. A table reconciling the non-GAAP information presented above to GAAP follows the financial statements included with this press release.
Free Cash Flow. Premier Exhibitions' Free Cash Flow for the quarter and nine months ended November 30, 2006 was $2.2 million and $3.5 million, respectively. Free Cash Flow is defined as net income plus depreciation and amortization less capital expenditures. Free Cash Flow does not represent cash flows from operations as defined by GAAP, and should not be considered as either an alternative to net income as an indicator of Premier Exhibitions' operating performance or as an alternative to cash flows as a measure of Premier Exhibitions' liquidity. Nevertheless, Premier Exhibitions believes that providing non-GAAP information regarding Free Cash Flow is important for investors and other readers of Premier Exhibitions' financial statements, as it provides a measure of liquidity. Because Free Cash Flow is not a measurement determined in accordance with GAAP and is thus susceptible to varying calculations, Free Cash Flow, as presented, may not be directly comparable to other similarly titled measures used by other companies. A table reconciling the non-GAAP information presented above to GAAP follows the financial statements included with this press release.
Management Conference Call
The conference call will be on Wednesday, January 10, 2007 at 9:00 A.M. EDT. To participate U.S. callers dial: 1 (800) 262-1292 and international callers dial: (00) 1 719 457-2680.
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world.
Titanic: The Artifact Exhibition to Open at Exploration Place in Wichita, Kansas
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PRNewswire
09:31 a.m. 01/03/2007
ATLANTA, Jan 03, 2007 /PRNewswire-FirstCall via COMTEX/ -- RMS Titanic, Inc., a wholly owned subsidiary of Premier Exhibitions, Inc. (PRXI) has entered into an agreement to present Titanic: The Artifact Exhibition at Exploration Place in Wichita, Kansas. The Exhibition will make its Kansas debut on January 13 through March 25, 2007.
Seen by more than 18 million worldwide the Exhibition explores what it was like to be a passenger on the Titanic in 1912 through dramatic room recreations and a collection of more than 125 authentic artifacts recovered from Ship's debris field.
"We are pleased to collaborate with Exploration Place in making Titanic: The Artifact Exhibition a success during its first appearance in Kansas," states Arnie Geller, President and CEO of Premier Exhibitions Inc. "Many passengers were traveling to Wichita on the Titanic including Millvina Dean one of only two survivors alive today. We are confident that these stories of tragedy and triumph will leave a lasting impression on every visitor to the Exhibition and continue the legacy of each traveler aboard."
RMS Titanic, 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 Titanic by a United States federal court in 1994 and has conducted seven research and recovery expeditions to the Titanic rescuing more than 5,500 artifacts.
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world.
Titanic Exhibition to Open at Turtle Bay Exploration Park in Redding, California
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PRNewswire
10:37 a.m. 12/18/2006
ATLANTA, Dec 18, 2006 /PRNewswire-FirstCall via COMTEX/ -- RMS Titanic, Inc., a wholly owned subsidiary of Premier Exhibitions, Inc. (PRXI) today announced that it will produce Titanic: The Artifact Exhibition at Turtle Bay Exploration Park in Redding, California. The Exhibition is scheduled to open to the public on February 24, 2007 and will run through May 2007.
The blockbuster Exhibition seen by more than 18 million worldwide will present more than 175 authentic artifacts from the debris field of the Titanic including some of the Ship's china, personal passenger belongings and artifacts such as the wall telephone and telegraph notoriously linked to the Ship itself. In addition the Exhibition will take visitors on a chronological journey through the Titanic and compassionately tell Titanic's personal stories through the recovered artifacts and dramatic room re-creations.
"We are proud to bring this world class, one of a kind Exhibition to Redding and Turtle Bay Exploration Park," stated Arnie Geller, President and CEO of Premier Exhibitions, Inc. "We look forward to working with Turtle Bay to educate visitors on the sometimes extreme relationship negotiated by humans with nature, through Titanic's Atlantic ocean tragedy."
RMS Titanic, 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 Titanic by a United States federal court in 1994 and has conducted seven research and recovery expeditions to the Titanic rescuing more than 5,500 artifacts.
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world.
PRXI in ascending triangle pattern.
jonesie
DJ Premier Exhibitions Dirs To Sell Shares Of Co Stock >PRXI
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Dow Jones Real-Time News for InvestorsSM
07:44 a.m. 10/17/2006
WASHINGTON (Dow Jones)--Premier Exhibitions Inc. (PRXI) disclosed Tuesday that directors Douglas Banker and N. Nick Cretan plan to sell a small number of their shares of company common stock during the current open "window" period, which follows the Oct. 11 filing of its second-quarter financial report.
The provider of touring-exhibit services said in a document filed with the Securities and Exchange Commission that Cretan intends to sell 25,000 shares and Banker plans to sell 20,000 shares.
Premier Exhibitions said the shares being sold represent less than 10% of the directors respective holdings of company common stock.
The independent directors, who have been with the company since 2000, have also informed the company that they plan to engage in such sales for personal financial purposes and that all necessary public filings will be made in connection with such sales.
Well, I sold my PRXI yesterday ...
... will be keeping an eye on it. When PRXI didn't even mount an attack on beating the previous top, that was it for me. Another Q now for more news, plenty of time for it to drop.
JMHO and watching fairly closely in case my thinking turns out to be wrong! ;)
It was a nice solid ride, twice!
It is time to back up the truck on PRXI.
It is a simple story that only gets better from here. Now that the partnership arrangement is settled, the company can move forward with its plans on Bodies as well as expansion into the 3rd exhibit line.
Its only a matter of time before the micro and small cap funds and analyst pick up on the story. The presentation at the Singular conference on Thursday should certainly heighten interest in the stock.
PRXI Announces New Agreement With JAM Exhibitions, LLC
Thursday September 21, 9:52 am ET
ATLANTA, Sept. 21 /PRNewswire-FirstCall/ -- Premier Exhibitions, Inc. (Nasdaq: PRXI - News) announced today that it has signed a new agreement with SAM Tour USA, Inc., Concert Productions International, Inc. and JAM Exhibitions, LLC, referred to collectively as "JAM", to co-present up to four additional human anatomy exhibitions including the upcoming "Bodies. . .The Exhibition" in Seattle, Washington.
This new agreement settles a dispute between the parties and re- establishes their working relationship following Premier Exhibition's September 7, 2006 termination of the parties' prior agreements.
Prior to the termination, Premier and Jam had co-presented five "Bodies" related exhibitions, two of which are still ongoing. Under the new agreement, Premier Exhibitions will present four additional Exhibitions with JAM.
Mr. Arnie Geller, President and Chief Executive Officer of Premier Exhibitions stated, "This new arrangement is now reflective of a partnership truly designed to assist Premier in meeting its financial goals and its ongoing commitment to maximize shareholder value."
Premier Exhibitions filed a Form 8-K with the SEC earlier today disclosing the terms of the new agreement as outlined below:
* The parties will co-present a total of nine exhibitions (five of which have already been presented), as compared to the prior agreements which called for the joint presentation of an aggregate of twelve exhibitions.
* Any outstanding accounting issues related to the presentation of the first five exhibitions will be resolved by the parties on or before February 1, 2007 and will include settlement though December 31, 2006.
* In addition to license fees already paid under the prior agreements, Premier Exhibitions, Inc. will receive additional guaranteed licensing fees of $1.5 million, which fees will be paid in conjunction with the opening of the next two jointly presented exhibitions, to be located in Seattle, Washington, and an undisclosed location.
* Each of the additional four exhibitions to be co-presented by the parties will be governed by a separate operating contract.
* Premier Exhibitions will present two exhibitions scheduled to open to the public in the next two weeks, one to be located in Miami, Florida and the other in a "to-be-announced" venue. Jam will not be involved in the presentation of these exhibitions.
* The parties will continue to co-present the very successful "Bodies ... the Exhibition" at the South Street Seaport in New York City under the terms of the prior agreements, which provide for a profit share ratio that increasingly favors the Company, up to a maximum of 70% of the exhibition's profits.
* The parties will continue to co-present the very successful "Bodies... the Exhibition" at the Tropicana Resort and Casino in Las Vegas, Nevada under the terms of the prior agreements, which call for a profit share ratio that increasingly favors the Company, up to a maximum of 80% of the exhibition's profits.
* JAM will pay all exhibitions costs for the four additional exhibitions, which costs will be recaptured by JAM prior to distribution of profits. Profits for these exhibitions will then be distributed at a ratio that increasingly favors Premier Exhibitions, up to a maximum of 70% of each exhibition's profits.
* Premier Exhibitions will receive a monthly payment of $83,333 for each month that a jointly presented exhibition is extended beyond six months. Premier Exhibitions will receive these payments for any exhibitions that have been co-presented by the parties, including the exhibitions that have already ended or that are ongoing.
*DJ Premier Exhibitions Finalizes Settlement Pact With Sam Tour
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Dow Jones Real-Time News for InvestorsSM
09:32 a.m. 09/21/2006
(MORE TO FOLLOW) Dow Jones Newswires
09-21-06 0932ET
Well, PRXI likes this range ...
... and so far it's been a good place to accumulate.
But, as we say here in the South ... "boy I tell ya! If PRXI ever drops through that support, it's gonna have a heckuva time climbing back over it!"
JMHO -jonesie
Perhaps PRXI is just about at the target ...
... might already be there, it's in range:
going to be above 6 bucks this coming week...
and up a buck more every month this year...
the per share profit numbers are growing at a real fast clip here....
like the fact we have plenty of new MM from the Nasdaq listing....
well here we are, a true nasdaq listing from otcbb.....
never had this happen....
looks like it started a little spike before the close yesterday...somebody knew this news was coming...GLTY
AWESOME earnings..it looks like it starts to hit a few radars...
OT-Check INB out..the current SP has not factored in the Biotech div ...we all thought the PAXIL operation was written off yet they announced the HUGE NEWS 2.4 MM minimum contract.This div was a drag on their explosive EPS from their liquid drinks .The new contract will add 100% to the bottom line since they are selling inventory and will be cash positive on their BIO div.This is a making of a small HANS.Their EPS is compressed just like PXHB a few Q ago.Please go read their 3 Huge NEWS in the last 4 days and do your own DD .
PXHB and INB are my 1-2 punch in this volatile market. I posted on yahoo under mike12114 if you want more info.
http://finance.yahoo.com/q?s=INB&d=t
PXHB Premier Exhibitions Reports Record Fourth Quarter and Year-End Results
PR Newswire - June 1, 2006 7:40 AM (EDT)
ATLANTA, June 1, 2006 /PRNewswire-FirstCall via COMTEX/ -- Premier Exhibitions, Inc. (OTC Bulletin Board: PXHB), a worldwide developer and provider of museum quality touring exhibitions, today reported revenue of $4,003,000 for the fourth quarter ended February 28, 2006, which represents a 142% increase from the $1,653,000 in revenue reported for the same quarter of the prior fiscal year, and a 44% increase compared with the prior quarter of $2,772,000. The Company also reported Net Income for the quarter increased to $2,883,000 or $0.10 per share on a diluted basis from a loss of ($974,000) or ($0.05) per share on a diluted basis when compared to the quarter of the prior fiscal year. The Net Income in the fourth quarter and the full year included the application of a benefit, or reduction of the Companies tax liability of $2,100,000. The Companies income from operations for the fourth quarter was $783,000.
For the fiscal year ended February 28, 2006, revenues increased 90% from $6,857,000 to $13,041,000, and net income increased to $4,948,000 or $0.18 per fully diluted share, from a loss of ($1,475,000) or ($0.07) per diluted share, when compared to the prior fiscal year. For complete details on the Companies entire financial statements, they will be available through public access to S.E.C. filings, or upon request though the Companies Investor Relations Contact.
Conference Call Details
Premier Exhibitions, Inc. will hold a conference call on Thursday, June 1, 2006 at 11:00 a.m. EDT. To participate in the conference call U.S. Participants should dial: (800)-458-9009 and International callers should dial: 00-1-719-457-2623.
About Premier Exhibitions, Inc.
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world.
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 28, 2006, 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 terrorist attacks, competition from others, how much capital the Company may or may not receive from required financings, and whether or not, and to what extent, the Company consummates its planned leases to place exhibitions. We disclaim any obligation to update these forward- looking statements.
For additional Information:
Investor Relations
North Coast Advisors Inc:
Craig T. Stewart (585) 218-7371
cstewart@ncainc.com
Media Inquiries at Premier Exhibitions, Inc:
Katherine Morgenstern 404-842-2600
kmorgenstern@prxi.com
Premier Exhibitions, Inc. and Subsidiaries
Consolidated Statements of Operations
Quarter Ended Year Ended
February 28, February 28,
2005 2006 2005 2006
Revenue:
Exhibition revenues $1,275,000 $3,678,000 $6,320,000 $12,217,000
Merchandise and other 376,000 311,000 507,000 722,000
Sale of coal 2,000 14,000 30,000 102,000
Total revenue 1,653,000 4,003,000 6,857,000 13,041,000
Expenses:
General and
administrative 1,103,000 2,543,000 4,397,000 6,620,000
Depreciation and
amortization 70,000 307,000 378,000 911,000
Exhibition costs 851,000 355,000 2,891,000 2,672,000
Cost of merchandise
sold 233,000 81,000 257,000 102,000
Cost of coal sold 2,000 1,000 9,000 10,000
Litigation settlement - - - -
Loss on sale of fixed
assets 356,000 - 356,000 84,000
Total expenses 2,615,000 3,287,000 8,288,000 10,399,000
Income (loss) from
operations (962,000) 716,000 (1,431,000) 2,642,000
-
Other income and
expenses: -
Interest income 1,000 49,000 2,000 85,000
Interest expense (13,000) 18,000 (46,000) (47,000)
Other income - - - 168,000
Total other income and
expenses (12,000) 67,000 (44,000) 206,000
-
Income (loss) before
provision for income
taxes (974,000) 783,000 (1,475,000) 2,848,000
- -
Provision (benefit) for
income taxes - (2,100,000) - (2,100,000)
- -
Net income (loss) $(974,000) $2,883,000 $(1,475,000) $4,948,000
Net income (loss) per
share:
Basic income (loss)
per common share $(0.05) $0.11 $(0.07) $0.21
Diluted income (loss)
per common share $(0.05) $0.10 $(0.07) $0.18
Shares used in basic per
share calculations 20,818,898 26,132,581 20,818,898 24,081,186
Shares used in diluted
per share calculations 20,818,898 30,211,980 20,818,898 28,230,491
SOURCE Premier Exhibitions, Inc.
Investor Relations: Craig T. Stewart of North Coast Advisors Inc, +1-585-218-7371,
cstewart@ncainc.com; or Media: Katherine Morgenstern of Premier Exhibitions, Inc.
+1-404-842-2600, kmorgenstern@prxi.com
http://www.prnewswire.com
Copyright (C) 2006 PR Newswire. All rights reserved. ********************************************************************** As of Sunday, 05-28-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 05-22-2006 for PXHB @ $4.74. (C) 2006 Comtex News Network, Inc. All rights reserved.
BODIES ... The Exhibition To Open April 22nd in Houston at the John P. McGovern Museum of Health & Medical Science
Tickets to Must-See Exhibition Go on Sale on January 27th at 10AM
HOUSTON, Jan. 26 /PRNewswire-FirstCall/ -- BODIES ... The Exhibition, the widely acclaimed and controversial blockbuster exhibition featuring real human bodies, will open at the John P. McGovern Museum of Health & Medical Science in Houston on Saturday, April 22nd -- as the first exhibition of the kind ever to come to Texas. Tickets for the highly anticipated exhibition will go on sale this Friday, January 27th at 10AM and can be obtained by logging onto www.BodiesTickets.com or by calling 877-77-CLICK (25425). Responding to widespread public interest and demand, this announcement was made today by Premier Exhibitions, Inc. (OTC Bulletin Board: PXHB), in association with Concert Productions International and Jam Exhibitions, and with the John P. McGovern Museum of Health & Medical Science. The exhibition will be open 7 days a week: Monday - Wednesday 9AM - 7PM; and Thursday - Sunday 9AM - 9PM.
Organizers anticipate high demand for the tickets to the eye-opening exhibition which reveals 'what lies beneath' our skin. Similar exhibitions have attracted nearly 20 million people worldwide. When BODIES ... The Exhibition opened in Tampa, Florida at the Museum of Science & Industry, ticket-buyers lines stretched out the door. Since opening in August in Tampa, BODIES ... The Exhibition has attracted more than 275,000 visitors of all ages -- including 30,000 students from elementary through high school classes, as well as young professionals, families, and seniors -- surpassing all of the Museum's attendance records and becoming the Museum's single most successful exhibition in its history. In light of this, organizers urge the public to purchase advance tickets to ensure admittance when the exhibition opens in April.
BODIES ... The Exhibition will be a 20,000-square-foot exhibition featuring more than 20 whole-body specimens and more than 250 organs and partial body specimens that will give visitors the opportunity to see their own bodies in a fascinating way they never have before. These meticulously dissected whole-body specimens are featured to show the visitors the complex systems involved in the activities that are a part of daily life. The exhibition will change the way people see themselves. It is designed to enlighten, empower, fascinate, and inspire.
Bringing this ground-breaking exhibition to Houston is the latest milestone in the highly successful campaign to grow and expand the John P. McGovern Museum of Health & Medical Science under the direction and vision of CEO Tadd Pullin. The Museum has attracted a 50 percent increase in new membership growth and overall attendance in 2005, and has aggressive plans for 2006. Since the Museum was founded in 1996, the Texas Medical Center and its constituency have supported its efforts to be a vehicle through which some of the world's finest health institutions can educate families on health, wellness, and the science of life. The Museum's Board of Directors is comprised of leading TMC executives and professionals as well as health system leaders.
The organizers of BODIES ... The Exhibition have similar exhibitions currently open in New York City at the South Street Seaport Exhibition Centre and at the Museum of Science & Industry in Tampa, Florida where they continue to draw record crowds. Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world, including 'Titanic: The Artifact Exhibition,' and 'Bodies Revealed.' CPI is a multi-faceted entertainment entity with expertise in all areas of live concert and event production including tour marketing, merchandising, sponsorship, broadcast, home entertainment, as well as theatrical productions, including Broadway's smash hit 'Spamalot' and the new 'Lord of the Rings' stage production, and has promoted 5 of the 6 top grossing concert tours of all time including tours by the Rolling Stones, Pink Floyd, U2 and Crosby, Stills, Nash and Young. Jam Exhibitions is a division of Jam Productions, the largest independent promoter of live entertainment in the United States.
Premier Exhibitions, Inc. is not affiliated with any other organizer of human anatomy exhibitions, including Gunther von Hagens, Gerhard Perner, or Genlife Biomedical. BODIES ... The Exhibition should not be confused with 'Body Worlds,' 'Body Exploration,' 'The Universe Within,' 'Bodies Revealed,' or any other human anatomy exhibition.
Media Contacts: Holly Taylor Jennifer Evans
Rogers & Cowan John P. McGovern Museum of
212-445-8446 Health & Medical Science
hetaylor@rogersandcowan.com 713-942-7054 ext. 272
jevans@mhms.org
SOURCE Premier Exhibitions, Inc.
Source: PR Newswire (January 26, 2006 - 6:20 PM EST)
hi MC , i did a click and i see this company.
PXHB
The John P. McGovern Museum of Health & Medical Science Welcomes BODIES ... The Exhibition to Houston, Texas
PR Newswire - January 03, 2006 12:23
ATLANTA, Jan 03, 2006 /PRNewswire-FirstCall via COMTEX/ -- Premier Exhibitions, Inc. (OTC Bulletin Board: PXHB) announced today that in collaboration with The John P. McGovern Museum of Health & Medical Science they will present their very popular and highly successful Bodies ... The Exhibition in association with Concert Productions International and Jam Exhibitions in the Spring of 2006.
"We are very pleased to be working with the management and staff of The John P. McGovern Museum of Health & Medical Science in presenting this most remarkable exhibition," said Arnie Geller, President and CEO of Premier Exhibitions, Inc. "To actually see and understand the inner workings of your body is both a fascinating and memorable experience. We look forward to sharing this exhibition with the Houston community."
In September of this year, the Museum welcomed new Chief Executive Officer, Tadd M. Pullin, who built an aggressive business plan that includes the launch of a new brand campaign in the spring of 2006, new permanent exhibits and a collaborative effort which is Bodies ... The Exhibition.
"This is our mission -- this is what we do each and every day," said Pullin. "Our goal is to inspire and educate children and adults about their bodies and their health in a unique fashion. Since this Museum was founded in 1996, the Texas Medical Center and its constituency have supported our efforts to be a vehicle through which some of the world's finest health institutions can educate families on health, wellness and the science of life and taking care of themselves. When we began discussions months ago with Premier Exhibitions to bring Bodies ... The Exhibition to Houston, our Board of Directors, which is largely comprised of leading Texas Medical Center executives and professionals, expressed a strong interest in this exhibition."
The Museum's Board of Directors includes such health system leaders as University of Texas Health Science Center at Houston Executive Vice President for External Affairs, Dr. Carlos Hamilton, Jr., who is also the Museum's incoming Board President.
Dr. Hamilton remarked, "This museum already represents a national model for health and medical science museums, and it is one of the few institutions in the country focused solely on quality health education for the general public. As longtime partners with the Museum, we are delighted that this intriguing exhibition, which provides a unique and educational perspective on the inner workings of the human body, will be showcased in an environment that has nurtured health education from its inception."
The Harris County Medical Society also served as a catalyst for this step in the Museum's history. President Robert C. Vanzant, M.D. extended his support and cooperation for the new exhibition and expansion.
"The Harris County Medical Society has long enjoyed a collaborative relationship with the Museum, and we know that this step in the Museum's history will strengthen its ability to benefit our community and support the medical profession. We offer our congratulations and advocacy," said Dr. Vanzant in recent correspondence.
According to Dr. Roy Glover, Professor Emeritus of Anatomy and Cell Biology, University of Michigan, and the Chief Medical Director and spokesman for BODIES ... The Exhibition, "Seeing promotes understanding and understanding promotes the most practical kind of body education possible."
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world.
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 conditions in the Company's markets, including terrorist attacks, competition from others, how much capital the Company may or may not receive from required financings, and whether or not, and to what extent, the Company consummates its planned leases to place exhibitions. We disclaim any obligation to update these forward- looking statements.
BODIES ... The Exhibition To Open November 19th in New York City at the South Street Seaport
NEW YORK, Nov. 7 /PRNewswire-FirstCall/ -- Premier Exhibitions, Inc. (OTC Bulletin Board: PXHB) today announced that, in association with Concert Productions International and Jam Exhibitions, it will bring its blockbuster exhibition featuring real human bodies to New York City for the first time. BODIES ... The Exhibition will open on November 19th in the new Exhibition Centre at the South Street Seaport. The exhibition will showcase 22 whole- body specimens and more than 260 organs and partial body specimens that will give visitors the opportunity to see their own bodies in a fascinating way they never have before. These meticulously dissected whole-body specimens are featured to show the visitors exactly 'what lies beneath' and the complex systems involved in the activities that are a part of daily life.
'Your body is the only thing that you carry with you from the moment you are born until your last breath. Yet we know surprising little about ourselves,' said Dr. Roy Glover, Professor Emeritus of Anatomy and Cell Biology at the University of Michigan and Chief Medical Director for the Exhibition, a medical educator with more than 30 years of experience. 'For centuries, this world has been off-limits to the public - open only to doctors and medical professionals. Now, for the first time, we are pulling back the curtain and allowing the public to see it for themselves, up-close and personal. Have you ever wondered what's underneath your skin? After the seeing this exhibition, you will finally know. The body doesn't lie.'
BODIES ... The Exhibition will be a 30,000-square-foot exhibition which features a gallery showcasing the eye-opening effects of obesity on the human body through authentic human bodies of those who damaged their organs due to over-eating and lack of exercise. The exhibition also features a healthy lung and a black lung ravaged by smoking side by side in a vivid comparison that is undeniable - and more powerful than any textbook image. In addition to providing an up-close look inside our skeletal, muscular, respiratory, and circulatory systems the exhibition encourages healthy lifestyle choices by serving as a wake-up call that demonstrates how our own choices directly affect our health. The exhibition will change the way people see themselves. It is designed to enlighten, empower, fascinate, and inspire.
The human body specimens in the exhibition are preserved through a revolutionary technique called polymer preservation. In this process, human tissue is permanently preserved using liquid silicone rubber that is treated and hardened. The end result is a rubberized specimen, preserved to the cellular level, showcasing the complexity of the body's many bones, muscles, nerves, blood vessels, and organs. The full-body specimens can take over a year to prepare and after undergoing the polymer preservation process, they become impervious to decomposition.
Vice-President and Senior General Manager Michael Piazzola of Seaport Marketplace LLC stated that, 'We are delighted to have this extraordinary exhibition at the South Street Seaport as it will undoubtedly have a positive impact on the visitor experience as well as a strong economic impact that will radiate positively throughout the Lower Manhattan business community, starting with the Seaport's tenant base.'
The organizers of BODIES ... The Exhibition have a similar exhibition currently open at the Museum of Science & Industry in Tampa, Florida where it has drawn record crowds. Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world, including 'Titanic: The Artifact Exhibit,' and 'Bodies Revealed' which is currently open to the public in Seoul, South Korea. CPI is a multi-faceted entertainment entity with expertise in all areas of live concert and event production including tour marketing, merchandising, sponsorship, broadcast, home entertainment, as well as theatrical productions, including Broadway's smash hit 'Spamalot' and the new 'Lord of the Rings' stage production, and has promoted 5 of the 6 top grossing concert tours of all time including tours by the Rolling Stones, Pink Floyd, U2 and Crosby, Stills, Nash and Young. Jam Exhibitions is a division of Jam Productions, the largest independent promoter of live entertainment in the United States.
Located at the tip of Manhattan, South Street Seaport is a slice of timeless New York. Visitors to this historic waterfront pier and cobblestone streets experience a thriving community that includes a world-class maritime museum, award-winning special events, breathtaking views and more than 100 shops, cafes and restaurants. South Street Seaport is owned and managed by General Growth Properties, Inc. (NYSE: GGP), the second largest U.S.-based publicly traded Real Estate Investment Trust (REIT). The company portfolio totals approximately 200 million square feet of retail space and includes over 18,000 retailers nationwide.
Tickets to BODIES ... The Exhibition will go on sale on November 10th and will be available at www.Bodiestickets.com. The exhibition will be open 7 days a week, from 10AM - 7PM Monday - Wednesday, and 10AM - 10PM Thursday - Sunday.
Premier Exhibitions, Inc. is not affiliated with any other organizer of human anatomy exhibitions, including Gunther von Hagens, Gerhard Perner, or Genlife Biomedical. BODIES ... The Exhibition should not be confused with 'Body Worlds,' 'Body Exploration,' 'The Universe Within,' 'Bodies Revealed,' or any other human anatomy exhibition.
Media Contact: Holly Taylor
Rogers & Cowan
212-445-8446
hetaylor@rogersandcowan.com
SOURCE Premier Exhibitions, Inc.
Source: PR Newswire (November 7, 2005 - 11:36 AM EST)
NEWS!!!!!!!!!
Titanic: The Artifact Exhibition Record-Breaking Success at the Tropicana in Las Vegas Leads to an Extension Until January 31, 2006
PR Newswire - November 02, 2005 09:48
ATLANTA, Nov 02, 2005 /PRNewswire-FirstCall via COMTEX/ -- Premier Exhibitions, Inc. (OTC Bulletin Board: PXHB) through its wholly owned subsidiary, RMS Titanic, Inc. and the Tropicana Resort & Casino, will extend its blockbuster attraction Titanic: The Artifact Exhibition, through January 31, 2006.
The Exhibition, which has been seen by more than 16 million worldwide, far surpassed original attendance projections with approximately two hundred thousand visitors since its opening and overwhelmingly positive visitor feedback.
"Working together with the professional management and staff at the Tropicana has greatly contributed to the success we continue to experience in Las Vegas," commented Premier Exhibitions, Inc. President Arnie Geller. "Presenting our largest and most comprehensive Titanic Exhibition at the Tropicana was indicative of our confidence in this collaboration," added Geller.
The Exhibition is sponsored by Clear Channel, Cox Communications, Las Vegas Review-Journal and the Las Vegas Sun.
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world.
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 terrorist attacks, competition from others, how much capital the Company may or may not receive from required financings, and whether or not, and to what extent, the Company consummates its planned leases to place exhibitions. We disclaim any obligation to update these forward- looking statements.
Investor Relations:
North Coast Advisors Inc:
Craig T. Stewart
585-218-7371
cstewart@ncainc.com
Media Inquiries:
Premier Exhibitions, Inc.:
Katherine Morgenstern
404.842.2675
kmorgenstern@prxi.com
Here is a new investment idea that is going to capture the momentum buyers attention in the very near future. Their smash hit BODIES....the exhibition is coming to the South Street Seaport in NYC this month, and will be the most talked event in NYC for weeks. It is a huge hit in Tampa, and garnered millions of hits on Google in a 5 day period back in August, as well as world wide publicity. Go take a look, can't hurt.
They also have the Salvor in Possession rights to the RMS Titanic which is being shown in Las Vegas, Athens, St. Louis, and 2 more cities soon to be announced.
FY 2006 eps $.20-25
FY 2007 eps $.75+
Learn more about Premier Exhibitions, Inc. at:
www.rmstitanic.net
www.titanicscience.com
www.bodiesrevealed.com
www.bodiestheexhibition.com
Revised - 'BODIES ... The Exhibition' to Open in New York City
ATLANTA, Oct. 17 /PRNewswire-FirstCall/ -- Premier Exhibitions, Inc. (OTC Bulletin Board: PXHB) today announced that it has entered into a letter of intent with South Street Seaport Limited Partnership, a General Growth Properties, Inc. company, to open 'BODIES ... The Exhibition' in a 30,000 square foot exhibition space in the Fulton Market Building at South Street Seaport in November, 2005.
'BODIES ... The Exhibition' features real human bodies, uniquely preserved through a polymer preservation process. The exhibition includes 22 whole-body specimens and 260 additional organ and partial-body specimens. In addition to providing a closer look at the skeletal, muscular, respiratory and other systems in the human body, the exhibition also emphasizes the importance of healthy lifestyle choices.
Mr. Arnie Geller, the Premier Exhibition, Inc.'s President and CEO stated, 'We are looking forward to bringing this blockbuster exhibition to lower Manhattan and presenting it in this historic venue. South Street Seaport consists of three historic buildings and one pavilion shopping mall on the East River and is a popular destination for both residents and tourists as it boasts shops, restaurants, cobblestone streets, gas lamps, docked historical sailing ships, and a historic museum.' Added Mr. Geller, 'We expect that this amazing exhibition will attract hundreds of thousands of visitors including; tourists, the general public, the medical community, and students from schools and universities in the tri-state area.
Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world
Certain of the 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, which expectations and projections are in turn based on information currently available to the Company. 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 in the Company's Annual Report on Form 10-K for the year ended February 28, 2005, Quarterly Reports on Form 10-Q and 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 terrorist attacks, competition from others; the Company ability to raise required capital; and whether or not, and to what extent, the Company consummates leases to place its exhibitions in new locations. The Company disclaims any obligation to update these or any other forward- looking statements.
Public Relations:
Rogers and Cowan: Holly Taylor, (212) 445-8446
hetaylor@rogersandcowan.com
Investor Relations:
North Coast Advisors Inc: Craig T. Stewart (585) 218-7371
cstewart@ncainc.com
SOURCE Premier Exhibitions, Inc.
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