GROUNDBREAKING OCCURS FOR $50M EVENT CENTER

ALLEN, TEXAS — A joint venture between Global Entertainment Corp., The MGHerring Group and the city of Allen has broken ground for the development of the Allen Event Center, a $50 million entertainment and event center located in Allen. The facility will feature 6,275 fixed seats and 26 luxury suites, with an ultimate capacity of 8,500 seats. The project is scheduled for completion in October 2009.