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Penn State Athletics Selects Ticketmaster as Official Secondary Market Ticketing Service

Tuesday, August 29, 2006 - 03:00

Penn State University Intercollegiate Athletics (Penn State) has selected Ticketmaster, the world's leading ticketing company, as its exclusive secondary market provider. Under terms of the multi-year agreement, Penn State announced it will expand the TicketExchange resale service as part of the comprehensive, integrated ticketing solutions the team currently receives through Ticketmaster. Being the first-ever University to deploy Ticketmaster's Exchange for Beaver Stadium club seat holders in 2002, Penn State will now become the first university to extend the service across a broader range of season ticket holders throughout the stadium. Penn State joins 44 sports teams across nearly every professional league in selecting Ticketmaster as its secondary market ticketing service.

The University will now enable all of its non-student season ticket holders as well as club seat holders unable to attend 2006 football games to post tickets for sale to other fans through the team-branded Nittany Lions TicketExchange at www.gopsusports.com/tickets. This secure online site powered by Ticketmaster will serve as Penn State's only authorized resale site for valid tickets to home games at Beaver Stadium and Bryce Jordan Center. Fans purchasing tickets through Nittany Lions TicketExchange may select to have their tickets delivered online via TicketFast or by carrier service, and they may choose to forward their tickets to other friends or associates via Ticketmaster's Ticket Forwarding technology.

"Our primary objective is to deliver the best possible service and entertainment experience to our fans," said Greg Myford, Associate Athletic Director -- Marketing & Communications for Penn State. "Our collaboration with Ticketmaster on Nittany Lions TicketExchange will provide immediate value to our season ticket holders in terms of security, convenience, and accessibility to event tickets, while also helping fans to avoid the many suspect resellers operating online and on the ground. We look forward to continuing to work with Ticketmaster to provide our season ticket holders and all of our event-goers with enhanced services that make their ticket buying and event-going experience easier and better."

"We're thrilled that Penn State Athletics is expanding their previous success with our TicketExchange service to the broader season ticket holder population," said David Scarborough, Executive Vice President of Technology for Ticketmaster and an alumni of Penn State. "Our completely automated secondary market ticketing system delivers the best possible experience for ticket buyers and sellers in the secondary market and is the only site that is able to assure that the tickets purchased will be valid to see the game. No other resale site can make that claim."

Ticketmaster is the world's leading ticketing company, providing ticket sales and distribution through www.ticketmaster.com, one of the largest e-commerce sites on the Internet; approximately 6,500 retail Ticket Center outlets; 20 worldwide telephone call centers; and a broad online and offline marketing network. Celebrating its 30th anniversary in 2006, Ticketmaster serves more than 9,000 clients worldwide across multiple event categories, providing exclusive ticketing services for hundreds of leading arenas, stadiums, performing arts venues, museums, and theaters, and sold 119 million tickets valued at $6 billion in 2005. Ticketmaster is headquartered in West Hollywood, California and is an operating business of IAC/InterActiveCorp (NASDAQ: IACI).

SOURCE: Ticketmaster

CONTACT: Greg Myford of Penn State Athletics, +1-814-865-1757; or Bonnie
Poindexter of Ticketmaster, +1-310-360-2321

Web site: http://www.gopsusports.com/tickets

Web site: http://www.ticketmaster.com/

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