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RAZORGATOR RAISES $26 MILLION TO GROW HARD-TO-GET Tickets

RAZORGATOR RAISES $26 MILLION FROM TOP VCs TO AGGRESSIVELY GROW HARD-TO-GET TICKET BUSINESS FOR SPORTS & ENTERTAINMENT EVENTS

Kleiner Perkins Caufield & Byers And Oak Investment Partners Cite Brand Loyalty, Distribution & Team Partnerships As Reasons For Investment

BEVERLY HILLS, CA (May 24, 2005) – RazorGator, the dominant leader in Hard-To-GetSM tickets for sold-out sports and entertainment events worldwide, announced today that it has closed $26 million in a Series A funding round co-lead by Kleiner Perkins Caufield & Byers and Oak Investment Partners. The funds will be used for aggressive expansion to meet consumers’ growing demand for hard-to-get tickets. Part of this expansion will include enhancements to better service professional sports teams, leagues and artists for marketing tickets to high-demand events.

“I called professional sports team owners and entertainment industry executives and they all told me RazorGator is the most professionally run company when it comes to marketing hard-to-get tickets to their events,” says Russell Siegelman, general partner at Kleiner Perkins Caufield & Byers. “When it comes to integrity and ethical business practices, RazorGator’s team and brand win hands down.”

RazorGator offers broad global reach through distribution partners like Yahoo!, Fox Sports, MSN, and Tickets.com. And, through its subsidiary PrimeSport, the global leader in hard-to-get event packages and corporate hospitality, it has official partnerships with professional sports teams and organizing committees. In addition to being the exclusive travel partner of the New England Patriots and Philadelphia Eagles for the NFL’s 2005 Super Bowl, PrimeSport counts the San Francisco 49ers and Seattle Seahawks among its partners.

“One of the goals for all our partnerships is to provide a benefit to our fans; we feel like we have accomplished this with RazorGator,” says Mark Donovan, senior vice president, business operations at the Philadelphia Eagles. “We chose RazorGator based on our experience with them and their reputation as a brand that is synonymous with trust.”

“RazorGator is the most trusted brand for marketing professional sports and entertainment event tickets,” says Fred Harman, general partner at Oak Investment Partners. “They have a tremendously loyal client base, the largest inventory of hard-to-get tickets and the best distribution partnerships in the business.”

RazorGator’s service offers a 100% guaranteed connection to the largest inventory of hard-to-get tickets to sold-out sports and entertainment events worldwide. These events include the Super Bowl, Final Four, Masters, U.S. Open, Kentucky Derby, NASCAR, U2, Paul McCartney, Broadway’s hottest shows including Monty Python's Spamalot and Wicked, The Olympics, IRB World Cup, FIFA World Cup, European Championships, FA Cup, Wimbledon, French Open, and top-billed London theater.

“RazorGator’s trusted relationships with our distribution partners, professional sports teams, and artists are critical to our success,” says David Lord, chief executive officer at RazorGator. “Equally, if not more important, is our robust NASDAQ-like ticket exchange platform that will scale from today’s tremendous volume to our future projected growth. This is an exciting time for everyone -- RazorGator, our clients and our partners alike.”

To learn more about RazorGator go to www.razorgator.com or call 1.800.852.7771.

About RazorGator

RazorGator is the dominant leader in Hard-to-Get® tickets for premier sports and entertainment events worldwide. RazorGator’s 100% guaranteed service empowers its clients by providing them a connection to buy or sell hard-to-get tickets to any event on the planet. These events include the Super Bowl, Final Four, The Masters, U.S. Open, Kentucky Derby, NASCAR, U2, Coldplay, Broadway’s hottest shows, including Monty Python's Spamalot and Wicked, The Olympics, IRB World Cup, FIFA World Cup, European Championships, FA Cup, Wimbledon, French Open, and topbilled London theater. RazorGator’s subsidiaries include RazorGator Experiences and OpenField. RazorGator clients range from individuals to corporations. Its distribution partners include Yahoo!, MSN, Fox Sports, Real Cities/Knight Ridder Digital and Associated Cities. Major league team partnerships include the New England Patriots, Philadelphia Eagles, San Francisco 49ers, and Seattle Seahawks. RazorGator is a privately held, venture-backed company headquartered in Beverly Hills, CA. Investors include Kleiner Perkins Caufield & Byers and Oak Investment Partners. For more information, visit razorgator.com, openfield.com or call 1.800.852.7771.

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