eTravnet.com is a "Bricks and Clicks" company now in its 20th year of operation, providing services to its global franchise chain of travel agencies as well as focusing attention on its technology division's implementation of its proprietary net-to-phone-to-net reservation service called REZconnect(TM) (www.rezconnect.com).
The company has recently signed two strategic partnership agreements. The first is with Zagat.com, where eTravnet.com will make its online reservation service available to the more than twenty thousand (20,000) restaurants which are surveyed at the Zagat website.
The second strategic partnership is with Worldspan, a global distribution system for travel industry reservations which will utilize REZconnect on its Internet platform called Worldspan on the Web (WOW). Nearly twenty two thousand (22,000) travel agencies utilize the web system.
eTravnet.com is currently negotiating with cruise lines in the boutique and niche market sectors to provide them with real-time reservation connectivity to travel agents from the cruise line's website as well as from Worldspan's WOW Internet platform.
Additionally, the company has been amassing independent and boutique hotels and tour operators to provide REZconnect on their websites and offering them other Internet-based marketing opportunities which REZconnect transforms into sales.
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This press release contains forward-looking statements. All such statements involve risks and uncertainties, including, without limitation, the risks detailed in ETRAVNET.COM, Inc.'s filings and reports to the Securities and Exchange Commission. Such statements are only predictions and actual events or results may differ materially.
