Tix Corporation (OTCPK:TIXC) has recently engaged in discussions with MGM Resorts International (NYSE:MGM) (MGM Resorts) in connection with a potential transaction, which may include the acquisition of all of the outstanding shares of the company. Tix indicated to MGM Resorts its continued interest in further dialogue regarding a potential transaction. There is no assurance that the current discussions will result in any transaction.

The company has always been open to any transaction that maximizes value for all shareholders. While management and the Board of Directors remain focused on efficiently running the business, we will evaluate all potential transactions and take actions that are in the best interests of all shareholders.