Press Release
March 19, 2001
CAMARILLO, CA -- March 16, 2001--TravelnStore Inc. (OTCBB:TVLN), a retail travel-agency consortium, announced that
it has begun deploying its proprietary World Key Net travel services distribution platform to its World Key Agency
Group member agencies.
TravelnStore, through its affiliate, World Key Agency Group (``World Key''), operates a retail travel-agency consortium
that distributes travel services through 130 member retail travel agencies that collectively sell $225 million
in leisure travel services.
These travel services include the major cruise lines of Carnival Cruise Lines (NYSE:CCL), Royal Caribbean Cruises
(NYSE:RCL) and Princess Cruises (NYSE:POC); car-rental firms including Hertz (NYSE:HRZ); tour companies; and destination
resorts and hotel groups.
The World Key Net technology platform represents leading-edge leisure travel distribution technology. It provides
a real-time interface to the front-line travel counselors by being resident on their individual computer desktops
as a browser-delivered application.
Jim B. Tyner, chairman and chief executive officer of the company, stated: ``We have received excellent feedback
from our travel service provider marketing partners because they recognize the new efficiencies that World Key
Net brings to the distribution of travel services.
``Traditionally, travel agents have had to view the travel services industry through the peephole provided by their
legacy airline CRS systems. World Key Net provides a picture window that not only includes access to the legacy
CRS systems but direct access to the complete Internet universe of online travel information.''
World Key Net also contains within its proprietary databases all of the special offers and blocked group space
that are available only to and through World Key Member Agencies. It provides interactive training for individual
travel counselors so that they can complete training curriculums specific to participating travel service providers.
World Key Net also introduced an innovative motivation and incentive program called ``World Key Coins'' to reward
individual travel counselors for reviewing communications from travel service providers, completing training programs
and making bookings.
``Our revenue can be enhanced by the transfer of a portion of the savings in travel distribution costs which are
gained through the new efficiencies made available by our World Key Net platform,'' stated Tyner. ``The ability
to utilize the Internet to connect our agencies in a real-time environment is a powerful tool to focus the collective
selling power of our member agencies.
``With over $150 billion of travel services being sold this year by the retail travel-agency community, there is
tremendous opportunity for those companies that can gain efficiencies in the distribution process. World Key Net
is a major component of our strategy for participating in that opportunity.''
Certain statements in this release are forward-looking statements that are made pursuant to the safe-harbor provisions
of the Private Securities Litigation Reform Act of 1995. This news release includes forward-looking statements
based largely on the company's expectations, which are subject to a number of risks and uncertainties, including
but not limited to economic, competitive and other factors affecting the company's operations, markets, products
and services, risks associated with growth, risks associated with the company's ability to recruit and retain retail
travel agencies into the World Key consortium, the ability to obtain financing, the successful training and retention
of personnel, and other factors discussed elsewhere in this release and the documents filed by the company with
the Securities and Exchange Commission. Many of these factors are beyond the company's control. Actual results
could differ materially from these forward-looking statements. In light of these risks and uncertainties, there
can be no assurance that the forward- looking information contained in this news release will in fact occur.
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Contact:
World Key Agency Group, Camarillo
Jim B. Tyner or John Toal, 888/335-9194
www.worldkeytravel.com