Company Press Release: inTRAVELnet.com inc.
May 25, 2000
VANCOUVER, British Columbia -- inTRAVELnet inc. (OTC Bulletin Board: ITVRF) announced that it has selected MMG
Worldwide as its brand marketing partner for inTRAVELnet.com and its forthcoming e-commerce website, after a review
of national agencies. MMG is an advertising and marketing communications firm with specific industry expertise
in the resort and travel industries whose current client roster includes, among others, Sheraton Hotels & Resorts,
Aladdin Resort & Casino, TravelCLICK, Inc. and Comcast, Inc. Under the terms of the agreement, MMG Worldwide
will become a significant shareholder in inTRAVELnet.com.
inTRAVELnet is a leisure travel and information services company that will offer real-time vacation interval marketing,
exchange and auction capabilities via the Internet. inTRAVELnet's e-commerce Web site will enable the consumer
to browse vacation interval listings, tour specific vacation ownership resorts, and buy, sell, exchange or rent
intervals. The site will also feature all the e-commerce elements needed to help consumers make and finance their
vacation package choices as well as book related travel needs.
MMG Worldwide will begin work immediately for inTRAVELnet. The company will define inTRAVELnet's brand positioning
as well as communications in print and broadcast advertising, collateral, promotions, public relations and database
marketing.
``We are tremendously excited to be working for one of the leaders in vacation interval exchange,'' said Clayton
Reid, President & CEO, MMG Worldwide. ``As an advertising and marketing communications firm specializing in
the destination and hospitality industry, MMG will provide inTRAVELnet with comprehensive product and service support
in the international travel marketplace.''
``inTRAVELnet is extremely pleased to join forces with one the premier travel and resort advertising and marketing
communications agencies in North America,'' said inTRAVELnet President & CEO Dan Clozza. ``We are especially
gratified at welcoming MMG Worldwide as a stakeholder in inTRAVELnet; this expresses a high degree of confidence
in our business model.''
About MMG Worldwide
MMG Worldwide, founded in 1981, is a Kansas City-based marketing communications firm specializing in the hospitality,
travel and tourism industries. The $80 million firm also operates offices in Philadelphia, Las Vegas and St. Louis,
and employs 100 people.
About inTRAVELnet.com
inTRAVELnet.com is a rapidly growing leisure travel and information services company that is preparing to launch
an innovative e-commerce Web site catering to the $6.1 billion timeshare resort market. Current operations include:
a rapidly growing international Travel Club with over 7,000 dues- paying members in North America linked to the
Company's network of thousands of participating resorts and other travel service providers; a luxury houseboat
Vacation Club providing vacation intervals to its members; two ocean-going luxury yachts, and; a fleet of luxury
houseboats used to service the Vacation Club. inTRAVELnet.com common stock is traded on the OTC Bulletin Board
under the symbol ITVRF.
Website: http://www.intravelnet.com
The Private Securities Litigation Reform Act of 1995 provides a ``Safe Harbor'' for forward-looking statements.
Certain information included in this press release as well as information included in oral statements or other
written statements made or to be made by the Company) contains statements that are forward-looking, such as statements
relating to anticipated future revenues of the Company and success of current product relating to anticipated future
revenues of the Company and of current product offerings. Such forward-looking information involves success, important
risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such
results may differ materially from those expressed in any forward-looking statements made by or on behalf of the
Company. For a description of additional risks and uncertainties, please refer to the Company's filings with the
Securities and Exchange Commission.
The Company's revenues, sales, projected revenue and/or sales are stated in Canadian dollars unless stated otherwise.
That portion of revenue from members which entitles them to use the Company's vacation privileges at a future date
is deferred as unearned membership sales and dues and is recognized in income evenly over the life of the member's
entitlements
SOURCE: inTRAVELnet.com inc.