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Press release from Business Wire

University of Maryland and University of Pittsburgh Sign StubHub as Official Fan to Fan Ticket Marketplace

Tuesday, August 07, 2012

University of Maryland and University of Pittsburgh Sign StubHub as Official Fan to Fan Ticket Marketplace11:00 EDT Tuesday, August 07, 2012 SAN FRANCISCO (Business Wire) -- University of Maryland and University of Pittsburgh Athletics have partnered with StubHub, the world's largest ticket marketplace, and Paciolan, a leading provider of ticketing, marketing, and fundraising solutions to live entertainment organizations, to create a safe, guaranteed secondary marketplace for fans to buy and sell tickets to MarylandTerrapins and Pittsburgh Panthersevents. StubHub will be the Official Fan to Fan Ticket Marketplace of Maryland Athletics and Pittsburgh Athletics. Backed by StubHub's FanProtect Guarantee, each ticket transaction will be between fans and managed by StubHub. “We are excited to offer our season ticket holders the ability to sell unused tickets through our integrated resale solution powered by Paciolan and StubHub,” said University of Maryland Athletic Director, Kevin Anderson. ”This provides our season ticket holders and donors a valuable, safe and convenient way to recoup some of their investment if they cannot attend every game.” “We are very excited with this partnership to provide these great new options to our season ticket holders, donors and fans,” said University of Pittsburgh Athletic Director, Steve Pederson. “In this rapidly changing environment, all Pitt fans now have a safe, reliable and convenient secondary market to purchase and sell tickets. Also, this terrific partnership with StubHub and Paciolan supports us in providing great customer service.” StubHub and Paciolan collaborate on many collegiate partnerships; since the two companies began working together in August 2010, the number of integrated college partners has tripled, marking Maryland and Pittsburgh 14th and 15th, respectively. Paciolan's leading software integration with the universities enhances the overall fan experience. Whenever a fan purchases tickets online, they re-issue a completely new barcode, cancelling the old barcode and marking a seamless exchange of tickets. Combined with StubHub's FanProtect Guarantee, this new product integration presents Terrapins and Panthers fans with complete protection from fraud and a stress-free purchasing process when buying tickets online. “StubHub is excited to bring a fan-friendly solution to our newest collegiate partners,” said Greg Ivry, Business Development Manager at StubHub. “Our integration with Paciolan will offer a high level of convenience and safety, which we are sure alumni and fans will appreciate.” “We are thrilled that these two leading institutions have adopted the Paciolan and StubHub ticket resale solution,” said Dave Butler, chief executive officer of Paciolan. “This demonstrates the University of Maryland and University of Pittsburgh's commitment to excellence and customer service for Terrapin and Panther fans.” About StubHub StubHub is the world's largest ticket marketplace, enabling fans to buy and sell tickets to tens of thousands of sports, concert, theater and other live entertainment events. StubHub reinvented the ticket resale market in 2000 and continues to lead it through innovation. The company's unique online marketplace, dedicated solely to tickets, provides all fans the choice to buy or sell their tickets in a safe, convenient and highly reliable environment. All transactions are processed and delivered by StubHub and backed by the company's FanProtect Guarantee™. Company partners include the New York Yankees, University of Texas, and FedEx Field, along with over 60 teams in the NFL, MLB, NBA, NHL and NCAA, complemented with companies such as ESPN, Tickets.com, and Paciolan. StubHub is an eBay company (NASDAQ: EBAY). For more information on StubHub, visit www.stubhub.com, www.twitter.com/stubhub or www.facebook.com/stubhub About Paciolan Founded in 1980, Paciolan is the leader in venue enablement, powering ticketing, fundraising and marketing technology solutions for leading organizations across North America. Collectively, Paciolan powers over 500 live entertainment organizations that sell over 100 million tickets annually. Primary markets include college athletics, professional sports, performing arts, arenas and museums. Paciolan is a wholly owned subsidiary of Comcast-Spectacor. Visit www.paciolan.com for additional company information. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50368337&lang=en StubHubShannon J. Barbara, 415-222-8494sbarbara@stubhub.comorPaciolanCraig Ricks, 949-823-1636cricks@paciolan.comorUniversity of MarylandZack Bolno, 301-314-1482zbolno@umd.eduorUniversity of PittsburghJustin Acierno, 800-643-7488jacierno@athletics.pitt.edu