CSII and Tickets.com officially sign JV Agreement on February 28, 2008, both companies will make joint efforts to form a new ticketing company and enter Chinese ticketing market.

Based on CNSG’s strategy of providing integrated service for sports facilities industry, formation of the ticketing company is an important step for CSII to expand market share and strengthen competitiveness in the local market.

Tickets.com is a leading business-to-business ticketing solutions provider for live events. The company, with its corporate office in Costa Mesa, Ca. and other offices around the United States and the world, facilitates the sale of tickets by enabling venues and entertainment organizations with proprietary and cutting edge software, retail outlets, kiosks, call centers and an interactive voice response (IVR) systems.

Tickets.com builds private label Ticketing GatewaysSM to enable live entertainment organizations with e-commerce distribution platforms. The company also sells tickets directly to consumers at www.tickets.com, as well as offering related products and services. Tickets.com's automated ticketing solutions are used by thousands of entertainment organizations such as leading performing arts centers, professional sports organizations and various stadiums and arenas in the U.S., Canada, Europe, Australia and Latin America.

With formation of the new ticketing company, CSII and Tickets.com will utilize their resources, technologies and channels to present quality service for venue owner, entertainment company and event organizers in China.

Photo: Mr. Meng Jianguo, Vice President of CNSG and Mr. Peng Liye, Vice President of CNSG, are present on the signing ceremony.