YTB International just announced that it has been approved to trade stock on the OTCBB! The company's Class A common stock that will continue to be quoted under the ticker symbol "YTBLA", will be moved to the OTCBB within the next 30 Days.
This is a phenomenal breakthrough for YTB International and for potential investors who can now more broadly invest in YTB stock.
YTB International just posted the info listed below:
YTB International (YTBLA) Approved for Trading on OTCBB
Wood River, Ill., April 17, 2008
YTB International, Inc. (OTCBB: YTBLA) ("YTB" or the "Company"), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today announced that its Class A Common Stock has been approved for quotation on the Over-the-Counter Bulletin Board (the "OTCBB"). All existing market makers will move to the OTCBB within the next 30 days. The Company's Class A Common Stock will continue to be quoted under the ticker symbol "YTBLA."
YTB is a leader in the travel services business and has operated in the travel services industry for 25 years. The Company recently reported its third consecutive quarter of profitability, with total revenue for the year ended December 31, 2007 increasing by 177% to $141.3 million, compared to $50.9 million for the previous year. The OTCBB provides access to more than 3,300 securities, includes more than 230 participating market makers, and electronically transmits real-time quote, price, and volume information in domestic securities, foreign securities and ADRs.
"We are excited that the Bulletin Board has agreed to quote our Class A Common Stock, as it confirms that YTB International meets the strict filing and disclosure regulations of the Securities and Exchange Commission," stated Scott Tomer, Chief Executive Officer of YTB. "Quoting our stock on the Bulletin Board dramatically increases the number of investors that can freely trade our stock. We believe that this will help to increase the liquidity and visibility of our stock in the financial markets."
About YTB International
Recognized as the 35th largest seller of travel in the U.S. in 2006 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for home-based independent representatives in the United States, Canada, Bermuda, and the Bahamas.
It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com focuses on marketing online travel websites through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network establishes and maintains travel vendor relationships, processes travel transactions of online travel agents and affiliates, collects travel commissions and pays sales commissions. Each RTA directs consumers to the YTB Internet-based travel website. REZconnect Technologies hosts a travel agency for traditional travel agents and offers franchises of brick and mortar travel agencies. For more information, visit http://www.ytbi.com/investor.
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.
For: YTB International, Inc.
Investor Contacts: Garth Russell / Yemi Rose
KCSA Strategic Communications
212-896-1250/ 212-896-1233
This document is also available on the YTB International site at http://www.ytbi.com/investor/pressreleases.asp
For additional information, read the St. Louis Business Journal article here!
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Regina Osei is a successful mentor and coach who teaches her YTB Team members and other business owners how to succeed in business and how to market their businesses using diverse strategies and approaches both online and offline. If you are interested in starting your own online travel business and want the benefit of a mentor who is committed to your success, join our team today at http://regina.vacationmedia.net. If you have questions, e-mail me at: reginaosei@gmail.com or call 901-221-1630(1)
Showing posts with label YTB International. Show all posts
Showing posts with label YTB International. Show all posts
Friday, April 18, 2008
Friday, April 11, 2008
YTB International News: New Announcements!
YTB International is in the NEWS! Why? YTB is doing some EXCITING things in the travel industry! There are so many new announcements, it's hard to keep up with them all! The word on the street is that the announcements I'm going to share with you... though HUGE, are not even the best. Believe me, folks, THE BEST IS YET TO COME!
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YTB Considering Purchase of Hickory Travel Systems
A few days ago, YTB filed the following with the SEC:
YTB International, Inc. (the "Company") is considering the acquisition of a wholesale travel company to complement the existing travel offerings to its Referring Travel Agents (RTAs).
From what I understand, the company is Hickory Travel Systems out of Saddle Brook, NJ. This is a $17 billion deal in the making! What do you think the net result of such an acquisition will be for YTB, its stockholders, its clients, its RTAs and Reps? I guess we'll just have to wait and see, but the word on the street is that it is gonna be BIG! Hickory Travel is very well respected in the travel industry. Way to go YTB!
Look for some AWESOME things to result from this acquisition that will include a BRAND NEW YTB BOOKING ENGINE that will be state-of-the-art! It will be 100% USER FRIENDLY and offer the height of top notch service and TRAVEL DEALS for our customers. Not only this, mark it on the wall: NOW IS THE TIME FOR YOU TO JOIN YTB! As this acquisition is solidified, YTB will offer an even HIGHER QUALITY BUSINESS for all YTB business owners.
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YTB International: Wall Street's Next Online Travel Darling
Did you know that YTB's stock is HOT? In fact, according to Seeking Alpha, an Internet based stock analysis company, YTB could be the NEXT "Wall Street Darling!" They even compare YTB to Priceline! Click on the link below to check out the article.
YTB International: Wall Street's Next Online Travel Darling?
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YTB Latest Earnings Report
YTB International had a GREAT year in 2007! Check out the latest YTB earnings report here
More YTB news in on the horizon! Subscribe to this blog so you will get the news reports as soon as they are delivered!
****************************************************************
Regina Osei is a successful mentor and coach who teaches her YTB Team members and other business owners how to succeed in business and how to market their businesses using diverse strategies and approaches both online and offline. If you are interested in starting your own online travel business and want the benefit of a mentor who is committed to your success, join our team today at http://regina.vacationmedia.net. If you have questions, e-mail me at: reginaosei@gmail.com or call 901-221-1630(1)
************************************************************
YTB Considering Purchase of Hickory Travel Systems
A few days ago, YTB filed the following with the SEC:
YTB International, Inc. (the "Company") is considering the acquisition of a wholesale travel company to complement the existing travel offerings to its Referring Travel Agents (RTAs).
From what I understand, the company is Hickory Travel Systems out of Saddle Brook, NJ. This is a $17 billion deal in the making! What do you think the net result of such an acquisition will be for YTB, its stockholders, its clients, its RTAs and Reps? I guess we'll just have to wait and see, but the word on the street is that it is gonna be BIG! Hickory Travel is very well respected in the travel industry. Way to go YTB!
Look for some AWESOME things to result from this acquisition that will include a BRAND NEW YTB BOOKING ENGINE that will be state-of-the-art! It will be 100% USER FRIENDLY and offer the height of top notch service and TRAVEL DEALS for our customers. Not only this, mark it on the wall: NOW IS THE TIME FOR YOU TO JOIN YTB! As this acquisition is solidified, YTB will offer an even HIGHER QUALITY BUSINESS for all YTB business owners.
*************************************************************
YTB International: Wall Street's Next Online Travel Darling
Did you know that YTB's stock is HOT? In fact, according to Seeking Alpha, an Internet based stock analysis company, YTB could be the NEXT "Wall Street Darling!" They even compare YTB to Priceline! Click on the link below to check out the article.
YTB International: Wall Street's Next Online Travel Darling?
*************************************************************
YTB Latest Earnings Report
YTB International had a GREAT year in 2007! Check out the latest YTB earnings report here
More YTB news in on the horizon! Subscribe to this blog so you will get the news reports as soon as they are delivered!
****************************************************************
Regina Osei is a successful mentor and coach who teaches her YTB Team members and other business owners how to succeed in business and how to market their businesses using diverse strategies and approaches both online and offline. If you are interested in starting your own online travel business and want the benefit of a mentor who is committed to your success, join our team today at http://regina.vacationmedia.net. If you have questions, e-mail me at: reginaosei@gmail.com or call 901-221-1630(1)
Thursday, January 31, 2008
YTB CANADA LAUNCH INFORMATION HERE
The Canadian roll out is upon us! Need to know how YOU can get onboard with YTB Canada, contact me: reginaosei@gmail.com
Click here to Enjoy the BEST that YTB has to offer YOU!
Read the latest info from YTB about the expansion below:
Canada Launch Enrollment and Activation
As you know, we are quickly approaching our launch date into Canada on February 8, 2008. This much anticipated event is exciting for YTB and all our friends who are anxiously awaiting the opportunity to join our ranks. Our new and/or returning friends will be welcomed with open arms on our launch date! The details of sign-up and re-activation are mentioned in this e-mail. Rest assured that we have a top-notch International Team, including in-house and Canadian legal counsel, working on the many details of conducting business in Canada and expanding our opportunity to anyone there that would be interested in joining our YTB family.
In celebration of our expansion into Canada, we will hold two kick off meetings to support the Company's international expansion initiatives.
"YTB International is thrilled to be welcomed into Canada," said YTB Founder Lloyd "Coach" Tomer. "Being able to conduct business in Canada provides a valuable opportunity for YTB Reps and Referring Travel Affiliates (RTAs). We couldn't be happier to add Canada to the YTB international family, and we look forward to expanding our global business even farther."
Kick off meetings will be held in Vancouver, British Columbia, on Saturday, February 9, 2008 at 2:00 pm to 4:00 pm at the Vancouver Convention & Exhibition Centre and in Toronto, Ontario, on Saturday, February 16, 2008 at 2:00 pm to 4:00 pm at the Pearson Convention Center. YTB is accepting event reservations by e-mail at kickoffcanada@ytb.com. Please take a moment to let us know that you are going to be at one or both events.
Speaking at the events will be Coach Tomer, CEO Scott Tomer, as well as President and Chief Operating Officer Andy Cauthen and Derek Avera, Vice President of International Business Development for YourTravelBiz.com.
We are excited to expand into Canada and it is very important that we are compliant with Canadian regulations. We have been working diligently to meet or exceed the requirements of each province and in keeping with this, have not authorized any business to be conducted in Canada prior to our launch date.
Provinces and Territories: YTB will launch in all provinces and territories on February 8, 2008 with the exception of Quebec. Because of the potential consequences of operating in Quebec relating to the travel industry and travel sales, YTB will not launch in that province initially. YTB will strictly enforce that there can be no Rep or RTA enrollment or activity, or sale of travel in Quebec. YTB will continue to pursue a legal course to meet the travel sales requirements of the Quebec regulatory authorities.
The official launch date is February 8, 2008 and we will begin to do business in Canada that day. Any YTB recruitment activity conducted prior to February 8, 2008 was not authorized by YTB. In fairness to new RTAs and Reps, as well as current U.S. RTAs and Reps, February 8 will be the first day we will accept sign-ups for YTB business in Canada. If prior arrangements have been made with YTB prospects, or if we have RTAs and Reps who have signed up with YTB using incorrect information, they will have the opportunity to make changes to their registration including details such as address, phone number, S.I.N.,etc. by e-mailing ytbcanada@ytb.com. Upon receipt of their updated information and acceptance of the Canadian Terms & Conditions and Policies & Procedures their account will be reactivated on February 8th.
Attached to this transmission you will find a Frequently Asked Questions document with specific details concerning the differences between conducting business in Canada and the United States. Please read this information carefully and share it with your friends and family who plan to join the YTB family.
Thank you for your work in spreading the good news about the company we have built - and continue to build - together. Know that there are more great things to come. We share and appreciate your enthusiasm as we expand our business into Canada and beyond!
Derek Avera
Vice President of International Business Development
YourTravelBiz.com
Click here to Enjoy the BEST that YTB has to offer YOU!
Read the latest info from YTB about the expansion below:
Canada Launch Enrollment and Activation
As you know, we are quickly approaching our launch date into Canada on February 8, 2008. This much anticipated event is exciting for YTB and all our friends who are anxiously awaiting the opportunity to join our ranks. Our new and/or returning friends will be welcomed with open arms on our launch date! The details of sign-up and re-activation are mentioned in this e-mail. Rest assured that we have a top-notch International Team, including in-house and Canadian legal counsel, working on the many details of conducting business in Canada and expanding our opportunity to anyone there that would be interested in joining our YTB family.
In celebration of our expansion into Canada, we will hold two kick off meetings to support the Company's international expansion initiatives.
"YTB International is thrilled to be welcomed into Canada," said YTB Founder Lloyd "Coach" Tomer. "Being able to conduct business in Canada provides a valuable opportunity for YTB Reps and Referring Travel Affiliates (RTAs). We couldn't be happier to add Canada to the YTB international family, and we look forward to expanding our global business even farther."
Kick off meetings will be held in Vancouver, British Columbia, on Saturday, February 9, 2008 at 2:00 pm to 4:00 pm at the Vancouver Convention & Exhibition Centre and in Toronto, Ontario, on Saturday, February 16, 2008 at 2:00 pm to 4:00 pm at the Pearson Convention Center. YTB is accepting event reservations by e-mail at kickoffcanada@ytb.com. Please take a moment to let us know that you are going to be at one or both events.
Speaking at the events will be Coach Tomer, CEO Scott Tomer, as well as President and Chief Operating Officer Andy Cauthen and Derek Avera, Vice President of International Business Development for YourTravelBiz.com.
We are excited to expand into Canada and it is very important that we are compliant with Canadian regulations. We have been working diligently to meet or exceed the requirements of each province and in keeping with this, have not authorized any business to be conducted in Canada prior to our launch date.
Provinces and Territories: YTB will launch in all provinces and territories on February 8, 2008 with the exception of Quebec. Because of the potential consequences of operating in Quebec relating to the travel industry and travel sales, YTB will not launch in that province initially. YTB will strictly enforce that there can be no Rep or RTA enrollment or activity, or sale of travel in Quebec. YTB will continue to pursue a legal course to meet the travel sales requirements of the Quebec regulatory authorities.
The official launch date is February 8, 2008 and we will begin to do business in Canada that day. Any YTB recruitment activity conducted prior to February 8, 2008 was not authorized by YTB. In fairness to new RTAs and Reps, as well as current U.S. RTAs and Reps, February 8 will be the first day we will accept sign-ups for YTB business in Canada. If prior arrangements have been made with YTB prospects, or if we have RTAs and Reps who have signed up with YTB using incorrect information, they will have the opportunity to make changes to their registration including details such as address, phone number, S.I.N.,etc. by e-mailing ytbcanada@ytb.com. Upon receipt of their updated information and acceptance of the Canadian Terms & Conditions and Policies & Procedures their account will be reactivated on February 8th.
Attached to this transmission you will find a Frequently Asked Questions document with specific details concerning the differences between conducting business in Canada and the United States. Please read this information carefully and share it with your friends and family who plan to join the YTB family.
Thank you for your work in spreading the good news about the company we have built - and continue to build - together. Know that there are more great things to come. We share and appreciate your enthusiasm as we expand our business into Canada and beyond!
Derek Avera
Vice President of International Business Development
YourTravelBiz.com
Friday, December 14, 2007
YTB International Partnership with Shanghai Spring International Travel Service for Exclusive 2008 Olympic Tour Packages
YTB is forging into new terrain! This month, YTB Level 2 Directors traveled to Europe and China to work out the details of some very exciting and exclusive travel packages that will benefit our clients. Read below to see the latest and greatest happenings in YTB!
Alliance May Provide More Tours Than Any Other Travel Agencies
In an effort to provide more tours to China for the 2008 Olympics than any other travel agency, YTB and Shanghai Spring International Travel Service, the largest privately owned travel agency in China, will offer exclusive 7 to 11 day tour packages and tickets for the Summer Olympics in August 2008. Through this strategic partnership, YTB's Referring Travel Agents (RTAs) are positioned to benefit from Shanghai Spring International Travel Service's dominant position within the Chinese market, and pass these savings on to their customers. YTB's customers will recognize value not only in terms of cost savings, but also in terms of the exclusive access to sold out events, attractions, and hotel accommodations.
"We are excited by our partnership agreement with Shanghai Spring International Travel Service, and welcome the challenge to become the largest tour provider to the 2008 Summer Olympics. Our RTAs have the resources needed to rise to this challenge, and we are confident that we will be able to provide our customers with the most professional service at the most competitive rates," stated J. Kim Sorensen, President and CEO of YTB Travel Network. "The Olympics remain the preeminent sporting event of our time, and serve as a major draw for travelers around the world to visit new destinations, and to enjoy live competitive sports. We look forward to providing our customers the opportunity to partake in history, as China holds its first Olympics."
The YTB and Shanghai Spring International Travel Service Tours will include round trip air to and from China via Los Angeles, Four Star accommodations including tips, baggage fees and taxes, daily meals, guided local tours, and admission from two to four Olympic events based on package and event preference. In addition, the YTB and Shanghai Spring International Travel Tours will also include safety insurance for visitors to China.
Shanghai Spring International Travel Service was founded in 1981 and started Spring Airlines in 2004, and currently operates eight aircraft traveling to 28 destinations in China and will be adding nine new airplanes to the fleet by 2009. The company is currently the only travel agency that owns and operates an airline in Asia.
"We chose YTB International because we wanted to work with the best Internet travel agency in the U.S. and one that would have access to thousands of potential customers," said Jenny Hu, Deputy General Manager of Shanghai Spring Tours. "YTB's high standards and great reputation, combined with their innovative business model, made partnering with them an easy decision."
Shanghai Spring has successfully purchased event tickets more than six times the number of any other purchasing agent or travel provider worldwide. In addition, Shanghai Spring has also reserved more hotel accommodations than any other agency to date.
To get more information on YTB's Olympic packages, e-mail travelinquiries@ytb.com.
About YTB International
Recognized as the 35th largest seller of travel in the U.S. in 2006 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Puerto Rico, and the US Virgin Islands. It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com division focuses on marketing online travel agencies through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network division establishes and maintains travel vendor relationships, books travel transactions of online travel agents (RTAs, now numbering over 135,000), collects travel commissions and pays sales commissions. Each RTA sells travel through a personalized Internet-based travel website. The REZconnect Technologies division builds online reservation systems for suppliers within the travel industry. For more information, visit http://www.ytbi.com/investor.
About Shanghai Spring International Travel Service
Founded in 1981, Shanghai Spring International Travel Service has been engaged in diverse business activities, including travel, hotel, flight, conference & exhibition, sports & games, real estate, trade and transportation, etc. Spring International Travel Service is the first ICCA (International Conference & Congress Association) member in China. Spring International was appointed as the General Ticket Agency of 2004 F1 Shanghai Grand Prix of China. Persistent and concerted efforts by its more than 3,000 staff members (including tour guides) coupled with entrepreneurship have made it possible for Shanghai Spring International Travel Service to increase its asset value and sales revenue at an annual rate of 30% to 50% in the past years. Since 1994, Shanghai Spring International Travel Service has been doing so well in domestic tours that it has been commended as the No.1 travel agency in domestic tours in the country by China National Tourism Administration for 13 consecutive years. Shanghai Spring International Travel Service has established a network of branch offices in 33 major Chinese cities and 55 retail outlets in Shanghai and the surrounding areas, totally linked up by Internet. Seven overseas branch offices have started doing business in other countries around the world, with the U.S. being the most promising market with the announcement of YTB uniting as their exclusive U.S. partner.
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.
Media Contact:
Greg Wilson
Levick Strategic Communications for YTB International, Inc.
Phone: 202.973.1328
Mobile: 202.210.6201
Email: gwilson@levick.com
Investor Contact:
Garth Russell / Yemi Rose
KCSA Worldwide for YTB International, Inc.
Phone: 212.896.1250 / 212.896.1233
YTB International Partners with Shanghai Spring
International Travel Service for Exclusive 2008 Olympic Tour Packages
Alliance May Provide More Tours Than Any Other Travel Agencies
December 12, 2007: 04:56 PM EST
WOOD RIVER, Ill., Dec. 12 /PRNewswire-FirstCall/ -- YTB International, Inc. ("YTB" or the "Company"), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, today announced an exclusive partnership with Shanghai Spring International Travel Service to market and sell tour packages to the 2008 Summer Olympics in Beijing, China. The packages will be available from YTB beginning on or before January 11, 2008.
In an effort to provide more tours to China for the 2008 Olympics than any other travel agency, YTB and Shanghai Spring International Travel Service, the largest privately owned travel agency in China, will offer exclusive 7 to 11 day tour packages and tickets for the Summer Olympics in August 2008. Through this strategic partnership, YTB's Referring Travel Agents (RTAs) are positioned to benefit from Shanghai Spring International Travel Service's dominant position within the Chinese market, and pass these savings on to their customers. YTB's customers will recognize value not only in terms of cost savings, but also in terms of the exclusive access to sold out events, attractions, and hotel accommodations.
"We are excited by our partnership agreement with Shanghai Spring International Travel Service, and welcome the challenge to become the largest tour provider to the 2008 Summer Olympics. Our RTAs have the resources needed to rise to this challenge, and we are confident that we will be able to provide our customers with the most professional service at the most competitive rates," stated J. Kim Sorensen, President and CEO of YTB Travel Network. "The Olympics remain the preeminent sporting event of our time, and serve as a major draw for travelers around the world to visit new destinations, and to enjoy live competitive sports. We look forward to providing our customers the opportunity to partake in history, as China holds its first Olympics."
The YTB and Shanghai Spring International Travel Service Tours will include round trip air to and from China via Los Angeles, Four Star accommodations including tips, baggage fees and taxes, daily meals, guided local tours, and admission from two to four Olympic events based on package and event preference. In addition, the YTB and Shanghai Spring International Travel Tours will also include safety insurance for visitors to China.
Shanghai Spring International Travel Service was founded in 1981 and started Spring Airlines in 2004, and currently operates eight aircraft traveling to 28 destinations in China and will be adding nine new airplanes to the fleet by 2009. The company is currently the only travel agency that owns and operates an airline in Asia.
"We chose YTB International because we wanted to work with the best Internet travel agency in the U.S. and one that would have access to thousands of potential customers," said Jenny Hu, Deputy General Manager of Shanghai Spring Tours. "YTB's high standards and great reputation, combined with their innovative business model, made partnering with them an easy decision."
Shanghai Spring has successfully purchased event tickets more than six times the number of any other purchasing agent or travel provider worldwide. In addition, Shanghai Spring has also reserved more hotel accommodations than any other agency to date.
To get more information on YTB's Olympic packages, e-mail travelinquiries@ytb.com.
About YTB International
Recognized as the 35th largest seller of travel in the U.S. in 2006 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Puerto Rico, and the US Virgin Islands. It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com division focuses on marketing online travel agencies through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network division establishes and maintains travel vendor relationships, books travel transactions of online travel agents (RTAs, now numbering over 135,000), collects travel commissions and pays sales commissions. Each RTA sells travel through a personalized Internet-based travel website. The REZconnect Technologies division builds online reservation systems for suppliers within the travel industry. For more information, visit http://www.ytbi.com/investor.
About Shanghai Spring International Travel Service
Founded in 1981, Shanghai Spring International Travel Service has been engaged in diverse business activities, including travel, hotel, flight, conference & exhibition, sports & games, real estate, trade and transportation, etc. Spring International Travel Service is the first ICCA (International Conference & Congress Association) member in China. Spring International was appointed as the General Ticket Agency of 2004 F1 Shanghai Grand Prix of China. Persistent and concerted efforts by its more than 3,000 staff members (including tour guides) coupled with entrepreneurship have made it possible for Shanghai Spring International Travel Service to increase its asset value and sales revenue at an annual rate of 30% to 50% in the past years. Since 1994, Shanghai Spring International Travel Service has been doing so well in domestic tours that it has been commended as the No.1 travel agency in domestic tours in the country by China National Tourism Administration for 13 consecutive years. Shanghai Spring International Travel Service has established a network of branch offices in 33 major Chinese cities and 55 retail outlets in Shanghai and the surrounding areas, totally linked up by Internet. Seven overseas branch offices have started doing business in other countries around the world, with the U.S. being the most promising market with the announcement of YTB uniting as their exclusive U.S. partner.
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.
Media Contact:
Greg Wilson
Levick Strategic Communications for YTB International, Inc.
Phone: 202.973.1328
Mobile: 202.210.6201
Email: gwilson@levick.com
Investor Contact:
Garth Russell / Yemi Rose
KCSA Worldwide for YTB International, Inc.
Phone: 212.896.1250 / 212.896.1233
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