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Seven Iowa and South Dakota Venues Are Now Offering Venue-Authorized Ticket Resale Through Ticketmaster TicketExchange

Tuesday, May 8, 2007 - 19:10

Seven of Iowa and South Dakota's top entertainment venues have launched TicketExchange as their exclusive venue-authorized ticket resale service. The TicketExchange resale service provided by Ticketmaster is currently available for all events at Compass Facility managed venues including U.S. Cellular Center & Paramount Theatre, Adler Theatre & River Center, Hoyt Sherman Place and Clay County Regional Events Center in Iowa and at Swiftel Center in South Dakota, enabling ticket holders to resell tickets to other fans if they are unable to attend an event.

Through TicketExchange, ticket holders who are purchase their tickets through Ticketmaster or the venue box offices and are unable to attend the event, may visit the TicketExchange section of Ticketmaster.com and post their tickets for resale to other fans. Fans who purchase tickets through TicketExchange receive a brand new ticket with a new and unique barcode identifying the buyer as the new owner of that ticket. The TicketExchange transaction is entirely automated and processed by Ticketmaster, the recognized and trusted brand for event ticketing.

"Ticketmaster has served as the official ticketing provider for Compass Management venues in Iowa and South Dakota for many years," said Tammy Koolbeck, Vice President of Venue Services, Compass Facility Management, Inc. "They share our dedication to first-rate customer service and their TicketExchange resale service is an important new guest services benefit. We're thrilled to provide a safe secure site for our ticketholders to resell their tickets and to enable other patrons to purchase those tickets and enjoy seating locations that they otherwise may not have access to."

"Compass Facility Management understands the value of customer service and what it means to a fan to have the venues' permission to resell their tickets if they aren't able to attend the show," said Tricia McCoy Gonyo, General Manager, Ticketmaster in Iowa. "Knowing that they have the option to resell their tickets adds significant value to a fan's purchase decision. TicketExchange is another way that Ticketmaster is helping to drive tickets sales for its clients and provide top service to consumers."

Ticketmaster continues to serve as the authorized ticketing provider for more than 15 Compass-managed venues throughout the US, providing event ticket sales, marketing, and distribution as well as customer communication programs designed to help drive each venue's overall ticketing business.

Ticketmaster is the world's leading ticketing company, operating in 20 global markets, providing ticket sales, ticket resale services, marketing and distribution through www.ticketmaster.com, one of the largest e-commerce sites on the Internet; approximately 6,500 retail outlets; and 20 worldwide call centers. Ticketmaster celebrated its 30th anniversary in 2006 and currently 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. In 2006, the company sold more than 128 million tickets valued at over $7 billion on behalf of its clients. Ticketmaster is headquartered in West Hollywood, California and is an operating business of IAC (NASDAQ: IACI).

SOURCE: Ticketmaster

CONTACT: Tammy Koolbeck of Compass Facility Management, Inc,
+1-319-929-5755; or Bonnie Poindexter of Ticketmaster, +1-310-360-2321

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