Premier Exhibitions, Inc. Acquires Titanic-Themed Exhibition in Orlando; Builds on Company's Extensive and Acclaimed Titanic: The Artifact Exhibition

Premier Exhibitions, Inc. (Nasdaq: PRXI) announced today it entered into an agreement to purchase the assets of a Titanic-themed exhibition (Titanic The Experience) in Orlando, Florida. The acquisition of Titanic The Experience enables Premier to immediately begin generating revenue in this established entertainment facility. In addition, the acquisition provides the Company with an existing multi-million dollar exhibition with minimal startup costs and an attractive ongoing cost structure relative to building a new Titanic themed exhibition in Orlando. As a result, the Company is able to enter a prime tourist destination market for a nominal initial investment.