ENGLEWOOD CLIFFS, NJ--(MARKET WIRE)--Mar 14, 2005 -- YTB International, Inc, (OTC BB:YTBL.OB), a leading provider of internet-based travel services, announced today that it has expanded its agreement with World Choice Travel, a division of Travelocity, enabling our clients to book hotels via a privately branded booking engine. They also now have access to two industry leading dynamic packaging products, Last Minute Deals and Custom Trip. Our web based booking engines feature the same inventory and pricing as Travelocity.com.
"Our World Choice agreement represents another opportunity for our agents to develop an exclusive online business that combines two of the most popular trends today -- the Internet and travel," said Lloyd Tomer, YTB International's Chairman of the Board. "YTB's ability to refine and expand our agreements with travel vendors such as the World Choice division of Travelocity, provides our representatives with the confidence in selling travel through our diverse private labeled travel sites. Our powerful referral marketing program provides the support that has made our agents so successful. We look forward to continuing to grow through supporting and working closely with our agents, which now exceeds 9,500 reps."
"Our growing membership of travel agents will now be able to provide our significant customer base with the confidence to instantly and securely purchase travel from over 55,000 hotels and resorts worldwide, including 15,000 plus hot rate hotels," said Michael Brent, YTB's Chief Executive Officer. "Our development and hosting of local web sites and real time reservations was designed to offer broad choices, low prices and excellent customer service. Now, with our expanded offerings, we will be able to offer our travel reps even more ways to provide cost-effective travel-related services."
YTB International, Inc. is engaged in referral marketing and travel through our three divisions. YTB Travel Network division provides support services for over 9,500 Referring Travel Agent that are currently selling travel-related services. REZconnect Technologies develops online travel stores for full service agencies and hosts over 2,500 locations, which include the development of several franchise systems and storefront locations throughout the USA and in overseas locations. It also has an agreement with Wal-Mart Stores to operate franchise locations within their SuperCenters. Its latest online business model, REZcity.com, just completed its third year and was rated as one of the top 500 franchise companies from Entrepreneur Magazine survey, January 2005 issue. YourTravelBiz.com is the marketing division that sells an on-line travel business through a network of independent distributors nationally.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
