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Cinema Ride, Soon to Be Named TIX CORPORATION, Reports Gross Ticket Sales Exceeding $6,000,000 for First Full Year of Operations; Tix4Tonight Has a ``Box Office'' Hit!


LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- Cinema Ride, Inc., soon to be named Tix Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:MOVE), is pleased to announce that its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Tix4Tonight, reports gross ticket sales exceeding $6,000,000 for the first full year of operation.

Tix4Tonight's business is the sale of half-price, same-day Las Vegas show tickets. Tix4Tonight currently operates two ticket booth facilities on the famous Las Vegas Strip The Las Vegas Strip (also known as The Strip) is a 4 mi (6.7 km) section of Las Vegas Boulevard South, most of which has been designated an All-American Road.  and recently announced it has entered into a long-term lease for a new high-profile space at the Fashion Show Mall Fashion Show Mall is located at 3200 Las Vegas Boulevard South on the Las Vegas Strip in Paradise, Nevada (an unincorporated town in the Las Vegas area). Fashion Show Mall is owned by the General Growth Properties Inc.  in Las Vegas.

"In just one year, our Tix4Tonight subsidiary has experienced explosive growth, and in doing so has validated our new business model," said Mitch Francis, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of both Cinema Ride, Inc. and Tix4Tonight. "With our new location at the Fashion Show Mall scheduled for opening in February 2005, management looks forward to even greater ticket sales in 2005. Tix4Tonight believes the growth curve, both in terms of ticket volume and number of shows represented, is promising, with an abundance of seats available for last minute discounting."

Cautionary Statement pursuant to Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995:

All statements in this news release that are not statements of historical fact, including the statements that Tix4Tonight believes that the growth curve in terms of ticket volume and number of shows is promising are forward-looking statements. These statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. Many of these risks and uncertainties are identified in Tix4Tonight's filings with the Securities and Exchange Commission. Tix4Tonight assumes no obligation to update these forward-looking statements, and does not intend to do so.

This document is not construed to be an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction where such an offer would be illegal. We are not soliciting any action based upon this material. This document is for the general information of potential Cinema Ride investors, partners and other interested parties.

Opinions expressed are our current opinions as of the date appearing on this document. We do not represent it as being accurate or reliable or complete.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 18, 2005
Words:380
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