First graph, first sentence of release should read: 150,000 Euro (sted
450,000 Euro).
The corrected release reads:
TICKET2FINAL – EXPANSION DUE TO CONTINUED SUCCESS!
After the success of last season’s pilot projects, Ticket2Final (http://www.ticket2final.com)
has extended its contract with Euroleague Basketball, valued at a
total sum of 150,000 Euro. The partnership between the Ticket2Final
Company and the Euroleague
allows fans to purchase options
for the teams participating in the Final Four. The options purchased are
registered under the name of the fan’s team and are converted to the
ticket face value if the team picked makes it into the Euroleague Final
Four. Fans who want to guarantee themselves an official ticket for the
Euroleague Final Four – scheduled to take place in Paris between the 7th
and the 9th of May 2010 – can purchase options for each of
the teams participating in the Euroleague competition, from December 1st.
The Company CEO, Mr. Yaniv Ozana, commented: “Ticket2Final offers
fans a service that doesn’t exist anywhere else. Instead of waiting for
the last four teams to have reached the finals before being able to
start looking for a ticket, or otherwise, risking hundreds of Euros by
buying a ticket at the beginning of the season only to discover that
your team didn’t make it, we’re offering fans the ultimate solution:
purchase an option now. Fans pay less than 5% of the official ticket
price and in the event that the team makes it into the Final Four,
they’ll have an official and guaranteed ticket – at face value! Behind
every option sold there’s a real ticket. No need to pay scalpers or to
run around frantically trying to get hold of a ticket.”
A new sophisticated trading system has been launched including advanced
features, improvements in the pricing system, as well as an innovative
look and feel.
About the company: Ticket2Final
was founded by two sports fans, Oren Tal and Yaniv Ozana, and has
generated over a million dollars since it was established. Company
strategy is to continue raising funds in addition to its current value
of approximately seven million dollars.
Source: Business Wire