The Fan-to-Fan Ticket Exchange

PRESS RELEASE


SEATWAVE SURPASSES 500,000 TICKETS FOR SALE

EVENTS TAKING PLACE IN 38 COUNTRIES AROUND THE WORLD


London: 28 August 2007: Seatwave, Europe’s largest fan-to-fan ticket exchange, has announced that it has surpassed the 500,000 milestone for number of tickets available and on sale. This landmark illustrates both Seatwave’s extraordinary growth and the increased recognition and use of the secondary ticket exchange market by a broad base of consumers.

The Seatwave service offers tickets to thousands of concert, theatre and sport events taking place in 38 countries around the globe. A sampling of typical events includes tickets to see David Beckham play for LA Galaxy, the Rugby Sevens Competitions in Hong Kong and the hugely anticipated upcoming fight in Las Vegas of Ricky “The Hitman” Hatton vs. Floyd Mayweather Jr.

As the global Internet marketplace continues to open new opportunities to consumers, increasing numbers of people are turning to Seatwave in order to buy and sell tickets in a safe and secure environment. The service continues to grow and expand into new regions with localised European launches already planned for later this year.

Commenting on exceeding this important landmark, Joe Cohen, Founder and CEO of Seatwave said: “We are thrilled to have more than 500,000 tickets on sale, which is almost 10 times as many as eBay across Europe and 25 times as many as eBay UK. And with event offerings in 38 countries across the globe, the Seatwave ticket exchange is rapidly becoming a global marketplace for fans to buy and sell tickets. We’re building a global trusted community by ensuring a safe and secure marketplace for tickets.”

Seatwave
Seatwave is Europe’s largest fan-to-fan ticket exchange, an online marketplace for buying and selling tickets for theatre, sports, music and other live events. The company was launched in February 2007 by Joe Cohen, ex Ticketmaster and ex match.com and early stage Venture Capital firm, Atlas Venture. Seatwave has more than 500,000 tickets on sale, which is almost 10 times as many as eBay across Europe and 25 times as many as eBay UK. Seatwave guarantees that tickets come only from legitimate sources and will represent them accurately and honestly. Seatwave operates two types of customer protection. TicketintegrityTM guarantees that buyers will receive the tickets they ordered and in good time for the event. If not Seatwave refunds 150% of what was paid. All tickets bought on Seatwave are also covered by TicketcoverTM This provides for a full refund if an event is cancelled and even covers buyers for a range of circumstances that may prevent them from attending their performance. The company is based in London. www.seatwave.com


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For further information please contact

Louise Rutter / Katie Thompson
Portland PR
T. 020 7404 5344
E.

Notes for editors
About Seatwave
Seatwave is the UK's largest fan-to-fan ticket exchange. Seatwave was launched in February 2007 by Joe Cohen, ex Ticketmaster and ex match.com, and early stage Venture Capital firm, Atlas Venture. It has more than 400,000 tickets on sale at any one time, 20 times more than eBay. Seatwave guarantees that tickets come only from legitimate sources and will represent them accurately and honestly. All tickets include 'TicketCover™' free of charge, providing a 100% money-back guarantee for event cancellation and a number of other possible misfortunes. The company is based in London. www.seatwave.com


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