PRESS RELEASE: “Seatwave named number 1 Tech Media Invest Company for 2009”

LONDON, ENG (Seatwave) 7 September 2009 – Seatwave, Europe’s leading fan-to-fan ticket exchange (1.5 million unique visitors – comScore, July 2009), has today been named the number one Tech Media 100 Company for 2009.

Seatwave, which allows fans to buy and sell music, sport and theatre tickets, has seen its revenue rise 2,203% in the past three years.

Europe-Unlimited, Europe’s leading organisers for investors and technology companies, reveals today’s Tech Media Invest Top 100 list in association with The Guardian, PricewaterhouseCoopers and Kemp Little. Seatwave emerged in the number one spot of a list of the 100 hottest emerging and most innovative companies in the ever converging tech and media industries.

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This triumph comes as comScore’s market statistics for June confirmed that Seatwave is the leading ticket marketplace across Europe as a whole and within each of the six territories it operates – UK, France, Germany, Spain, Italy and the Netherlands (comScore, June 2009).

2009 has been a triumphant year for Seatwave with the company dominating the Awards scene. An earlier win at the 2009 Fast Growth Business Awards unveiled Seatwave as Online Business of the Year and Angel or VC-backed Business of the Year, in addition to being named Europe’s Fastest Growing Digital Company at the 2009 Media Momentum Awards.

Commenting on the company’s success, Joe Cohen, Founder and CEO of Seatwave, said:

“We’re thrilled to be named the number one Tech Media Invest Company of the year. 2009 has been another triumphant year for Seatwave. Our growth across Europe is proof that our focus on fans and our unwavering commitment to providing a safe and secure ticket marketplace is the right way to go.

We strive to provide a great service to our buyers and sellers and we’re honoured to be recognised for the service we offer. ”

About Seatwave

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Seatwave, Europe’s largest fan-to-fan ticket exchange (1.5 million unique visitors – comScore, June 2009), is an online marketplace for buying and selling tickets for theatre, sports, music and other live events. The company was launched in February 2007 by Joe Cohen, ex Ticketmaster and ex match.com and early stage Venture Capital firm, Atlas Venture. Seatwave has more than 700,000 tickets on sale at any one time and every ticket purchase is covered by their TicketIntegrity™ and TicketCover™ guarantees. Seatwave is the official ticket exchange for Live Nation’s Mojo Concerts, Fulham FC and many others. The company was recently named Online Business of the Year (Fast Growth Business Awards 2009), VC-backed Business of the Year (Fast Growth Business Awards 2009) and Europe’s fastest growing digital media company (GP Bullhound Media Momentum Awards 2009). The company is based in London. www.seatwave.com.

About Europe-Unlimited

Founded in 1998, privately-owned Europe Unlimited supplies critical business intelligence to innovative technology entrepreneurs, corporations, investors and researchers throughout Europe. Our online community provides a platform to exchange knowledge and to facilitate networking at our pan-European venture events. Over the past decade, our activities have helped thousands of start-ups in finding partners and raising capital. Next to the UK Tech Media 100, we compile the Nordic Venture 50 and the Benelux Venture 50 rankings for the most promising start-ups in these regions, and identify Europe’s leading startups through the Eurecan European Venture Contest, now in its fifth year.

Europe Unlimited coordinated the selection of the UK Tech Media 100 and will organise the forthcoming Tech Media Invest 2009 taking place on October 1st at the Emirates Stadium. Tech Media Invest 2009 website – www.e-unlimited.com/tmi

For more information please contact:

Claire Thom / Louise Rutter

Portland PR

T: 020 7842 0135
E: [email protected] / [email protected]