No Way Out is a professional wrestling pay-per-view event, produced by WWE, a professional wrestling promotion based in Connecticut. The event was created in 1998, with its inaugural event produced as an In Your House event in February of that year. The event in 2000 was rebranded as an annual PPV event for WWE. To coincide with the brand extension, the event was made exclusive to the SmackDown brand in 2004, being produced every February. In 2007, to follow the format of WrestleMania, all PPV events became tri-branded. The final event was held in 2009, with Elimination Chamber replacing No Way Out in 2010. The event is set to return on June 17, 2012.

No Way Out is a pay-per-view (PPV) event consisting of a main event and undercard that featured championship matches and other various matches. The first No Way Out was originally produced as an In Your House event for World Wrestling Federation (WWF), the former name of WWE. The In Your House event was titled No Way Out of Texas: In Your House, named after the location of the venue, Houston, Texas. It took place on February 15, 1998 and aired live on PPV. In 1999, production of In Your House events were canceled, though many of the former In Your House events, such as No Way Out, Backlash, and Judgment Day among others, were rebranded as annual PPV events.