TSER news!!!
eTravelserve.com, Inc. Announces the Closing of its Acquisition With Journey's
Unlimited
BOCA RATON, Fla., Aug 23, 2000 (BUSINESS WIRE) -- Paul Johnson, President/CEO
of eTravelserve.com, Inc. (OTCBB:TSER), www.etravelserve.com, announced the
acquisition closing of Journey's Unlimited, a Miami based travel firm. In
addition to the asset purchase the company is also please to announce Angela
Roughton as the manager of our new Miami branch office. Miss Roughton brings 6+
years of travel experience to our team.
"This acquisition presented a few last minute adjustments but our acquisition
team worked around the clock to make that transition go smoothly.
eTravelserve.com will benefit from the excellent reputation and experience that
Journey's Unlimited and Miss Roughton has built over the years. The combination
of their customer base and reputation with the eTravelserve.com technology
platform and contacts should bring increased market share and profitability.
This acquisition will add $3.2 million in travel industry revenue to the
eTravelserve.com network," said Johnson.
NOTE: Also please note that "assisted online booking" services can only be
activated once the "Terms of Service Agreement" and the "Privacy Agreement" have
been signed and originals returned to the company. See website for more details.
eTravelserve.com will be releasing a recorded "Investor Update Call" as of
August 31, 2000 at 2100 EST, which can be accessed at 1-877-213-9653 and
entering code No. 2193973.
FOR SHAREHOLDER INFORMATION CALL STOCKBROKER RELATIONS AT 1-800-546-7950
Information in this press release contains "forward-looking statements." These
statements involve risks and uncertainties that could cause actual results to
differ materially. There is no assurance the above-described events will be
completed. There can be no assurance of the ability of the company to achieve
sales goals, obtain contracts or financing, consummate acquisitions or achieve
profitability in the future. The above and additional factors are discussed in
detail in the Company's filings with the SEC
CONTACT: eTravelserve.com, Inc., Boca Raton
Shareholder Relations
Marc Jablon, 800/546-7950
www.etravelserve.com
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