Premier Exhibitions Announces the Appointment of Michael Little to the Position of Chief Financial Officer

Premier Exhibition PRXI today announced the appointment of Michael Little as Chief Financial Officer of the Company. In addition, the Company disclosed preliminary financial results for the first quarter of fiscal 2012. Michael Little will assume the position of Chief Financial Officer on June 27, 2011. Mr. Little brings more than 20 years of experience to Premier Exhibitions, Inc., including 12 years as a senior financial professional at Feld Entertainment, the largest producer of live family entertainment in the world. As CFO from 2004 to 2009, Michael had oversight of all financial functions and several operational areas, including strategic planning, risk management, information technology, purchasing and logistics, benefits, accounting, treasury and finance. Christopher Davino, President and Chief Executive Officer of Premier Exhibitions, Inc. stated, "We are confident that Mike will be able to help us continue our cost reduction efforts and position the Company for future growth. Mike brings a wealth of financial skills, an extensive industry knowledge base and key industry relationships to the Company, all of which will be invaluable to our future success. We are delighted to have an individual of his caliber on our leadership team." Mark Sellers, Chairman of the Board, stated, "Premier is very fortunate to have an executive with Mike's industry and financial experience become an important and integral member of our executive management team."