The companies intend to open a joint venture office in Beijing during the first quarter of 2008 to provide sales, support and technical services.
CSII negotiates sports sponsorships, manages major sports events and provides international sports public relations services in China under the auspices of the State General Administration of Sports, the governmental agency in charge of sports in China,
Mr. Peng Liye, General Manager of CSII, said: “US companies are increasingly looking to emerging markets like China as a vital source of growth, but to do so successfully require a keen insight into the challenges, realities and dynamics of doing business here. We're looking forward to helping Tickets.com navigate the complicated business landscape in China and are proud that the company has chosen CSII as its partner. Based on Tickets.com's global vision, success in global markets, and international experience with the Olympics, we're anticipating our joint venture to be highly beneficial to both parties".
