On October 23, 2009, the Board of Directors of Premier Exhibitions, Inc. appointed Robert A. Brandon, age 58, as its General Counsel and Vice President of Business Affairs. Additionally, Mr. Brandon will continue serving as Secretary of the company. Mr. Brandon joined the company as Deputy General Counsel in June 2008.

Premier Exhibitions Inc. on October 16, 2009 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.

Premier Exhibitions Inc. announced earnings results for the second quarter and six months ended August 31, 2009. The second quarter of fiscal 2010 GAAP loss of $0.5 million or $0.02 loss per diluted share compared with a GAAP profit of $0.9 million or $0.03 income per diluted share for the second quarter of fiscal 2009. Adjusted EBITDA for the quarter was $0.8 million which compares with negative to $0.2 million in the second quarter of fiscal 2009. The company reported loss from operations of $0.59 million and loss before benefit from income taxes of $0.76 million compared to income from operations of $1.3 million and income before benefit from income taxes of $1.38 million for the same period last year. The company reported net cash used in operating activities of $3.76 million and purchase of property and equipment of $0.401 million compared to net cash used in operating activities of $0.708 million and purchase of property and equipment of $4.02 million for the same period last year. The company reported net cash used in operating activities of $6.03 million and purchase of property and equipment of $1.04 million for the first half of fiscal 2010.