Pacer Corporation Timeline

• 1976 – Pacer Corporation Incorporated (April 6,1976) • 1985 – Pacer goes public • 1988 – Pacer merger with Ticketmaster blocked by majority share holder • 1988 – Pacer purchased by Wembley plc in the UK approved • 1991 – Pacer Corporation name changed to Pacer/CATS • 1997 – Pacer/CATS is joint ventured with Ticketmaster by Wembley plc to create Pacer/CATS/CCC • 2003 – Pacer/CATS sold to Clarity Commerce Solutions of UK (August 5, 2003) • 2004 – Pacer’s original ticketing machine discontinued by Clarity after 28 years.               Thousands of Pacer/CATS machines are in service at Capitol, Cinemax, Odeon, Cineworld,               Paramount Theaters… worldwide. . Source pages: 1976 – Pacer Corporation Incorporated – (Washington State Archives) www.pacercorporation.com/incorporation 1985 - Pacer went public http://www.secinfo.com/dRqWm.9F7x.htm Mr. Azure was Chief Executive Officer and Chairman of the Board of Directors of Pacer Cats Corporation (formerly, Pacer Corporation) from June 1982 to March 1992 1988 - Merger with Ticketmaster contested (with Ticketmaster) http://www.worldproxy.com/corporatecontrol/chronicles/body_chronicles.html 1988 PACER CORPORATION - CONTESTED MERGER with Ticketmaster Bothell, Washington… 1988 – Wembley plc purchases Pacer http://www.downer.com/tombstone/popups/tombstone_124.shtml 1991 – Pacer Corporation name change to Pacer/CATS (Washington State Archive) www.pacercorporation.com/namechange 1997 – Wembley plc Ticketmaster joint venture Pacer/CATS/CCC (SEC S-8) http://www.secinfo.com/dsvRm.83f.c.htm The Venture’s - Pacer/CATS/CCS - A Wembley plc Ticketmaster Joint Venture 2003 - Clarity in the UK purchases Pacer/CATS from Wembley plc http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=6685757 COMPANY OVERVIEW Pacer CATS provides point of sale ticketing systems for the cinema industry. The company's clients include … 2004 - Clarity shares go down because merger is more costly 2004 http://www.growthcompany.co.uk/recommendations/16787/clarity-commerce-solutions.thtml