Spotlight Ticket Management Inc., a Calabasas-based provider of ticket-management services, signed a multi-year contract extension with website, a provider of event ticketing solutions, announced a 65 percent increase in efficiency managing tickets and suites during the first year of using the company’s software as a service (SaaS) application, SpotlightTMS, for managing corporate suite and ticket assets.

The SpotlightTMS application is delivered through the cloud and includes the ability to manage ticket inventories, measure top users and most invited companies, distribute tickets and buy additional tickets through multiple sources.

In a prepared statement, Tony Knopp, CEO and co-founder of SpotlightTMS, said the increase experienced by is a benefit of SpotlightTMS, “beyond the product’s ultimate goal of driving revenue through the use of sports and entertainment assets.”

“We’re extremely pleased to announce this contract extension,” Knopp said. “It strengthens our relationship with both as a customer and a partner as it demonstrates the company’s endorsement of our ticket management solution.”

SpotlightTMS’s roster of clients includes Google, Nike, NBCUniversal and Comcast.

Angela Melero