Utix Group, Inc., incorporated in 1988, provides prepaid experiences to individuals by offering gift tickets to corporations that are redeemable at golf courses, ski resorts, spas, bowling centers and movie theaters nationwide. Utix offers five product groups with a variety of lifestyle tickets options, and are developing additional lifestyle branded products. Recreation products include Utix Golf Tickets, useable at close to 2,000 golf courses in all 50 states, the Caribbean and Mexico; SwingPack, which includes a gift box with golf balls and tickets; Utix Ski and Snowboard Tickets, useable at over 200 mountains in the United States and Canada, and Utix Bowling Ticket, which was launched in October 2005, with approximately 2,200 locations in all 50 states. Leisure includes Utix Spa Ticket with approximately 1,000 locations in 48 states and, Utix Movie Ticket, useable at over 6,700 movie theaters. The Company's branded tickets permit users to enjoy a specific one-time experience (such as golf, skiing or going to a spa or movie) at a number of locations or venues applicable to that experience. By paying a uniform price for a Utix Golf Ticket, the gift giver enables the gift recipient to enjoy a round of golf at any one of 2,000 participating golf courses, regardless of the variation in prices charged by an individual golf course. Therefore, the gift tickets do not have a specified dollar value tied to them, but instead designate a particular experience. In all of the Company's distribution channels, recipients are given the opportunity to enjoy, on one occasion only, such activities as 18 holes of golf at one of nearly 2,000 participating golf courses, a one-day ski or snowboard lift ticket at one of close to 200 mountains, or two games of bowling (including shoe rental) each for two people at one of over 2,200 bowling centers. It also offers a gift ticket that provides a one-hour massage at one of approximately 1,000 spas or provides two admission tickets to over 6,700 movie theaters. Since Utix pay the golf courses, ski resorts or other venues their full published list prices on the day that each gift ticket is used, there are no blackout dates or restricted access to the chosen facility associated with any of its gift tickets and users are treated as full-paying guests at all locations. Utix test marketed its gift tickets during the fiscal year ended September 30, 2003, and entered the retail market during the fiscal year ended September 30, 2004 (fiscal 2004). It has entered into consignment sale placement arrangements with national food, drug, mass and specialty retail chains. This is being facilitated by Interactive Communication International Inc. (InComm). InComm also provides the activation link from the point of sales to the Company's ticket processor, WildCard Systems, Inc. (WildCard Systems), and physically distributes and sets up for the sale of prepaid gift products to the retail outlets. Utix has been named an official ticket issuer by Discover Financial Services (Discover), and has executed a partnering agreement with WildCard Systems for ticket development and processing. Through its software technology partner, WildCard Systems, the Company launched its magnetic strip ticket products in June 2004. These magnetic strip tickets can be automatically activated for given lifestyle or recreation experience, are authorized by swiping through the venue's credit card reader, and payment is remitted electronically to the venue via the Discover merchant payment network system. Utix produces and fulfils client requests for corporate tickets with packaging containing the client's corporate logo, the expiration date and other requested information. Ticket holders can identify where the tickets may be used by viewing a directory included to each ticket fulfilment or accessing the Company's Website, or by calling the customer service department. Use of the ticket is limited to approximately 10 months from issuance, except for movie, which has three and six month expiration options. As a ticket approaches