Premier Exhibitions, Inc. Regains Compliance With NASDAQ Listing Rules

Closing Bid Price Exceeds $1.00 for Ten Consecutive Trading Days

ATLANTA, Oct. 16, 2009 (GLOBE NEWSWIRE) -- Premier Exhibitions, Inc. (Nasdaq:PRXI), a major developer of touring museum-quality exhibits, today announced that it has officially regained compliance with the NASDAQ requirement that listed securities maintain a minimum bid price of $1.00, by virtue of the bid price of the Company's stock having closed at $1.00 or more per share for a minimum of ten consecutive trading days.

About Premier Exhibitions

Premier Exhibitions, Inc. (Nasdaq:PRXI) develops and tours museum quality exhibitions. Presently the Company operates and/or presents and promotes three different types of exhibitions:

  --  "Titanic: The Artifact Exhibition," "Titanic Aquatic" and
      "Titanic: Treasures from the Deep;"

  --  "Bodies ... The Exhibition," and "Bodies Revealed;" and

  --  "Dialog in the Dark."

Additional information about Premier Exhibitions is available at www.prxi.com.

CONTACT:  Premier Exhibitions
          Investor Contact:
          John Stone, Chief Financial Officer
          404.842.2600
          john.stone@prxi.com