Budgethotels Network Completes Contract With Amtrak - National Railroad Passenger Association -
POINT ROBERTS, Wash.--(BUSINESS WIRE)-- Nov. 8, 2001 Budgethotels Network Inc. (BUDH: OTC BB) announced that is had formally signed a national deal with the National Railroad Passenger Association, (Amtrak) through it's subsidiary Info Center Inc. for the installation and servicing of information boards in the following cities: Baltimore, Seattle, San Francisco, Portland, Reno, Sacramento, Miami, Orlando and Emeryville, CA.
``We feel very confident that the information boards in the above stations will be a great success due to the high volume of travelers already using the board in the New York Pennsylvania Station. Installation of the Penn Station board occurred on November 1, 2001.'' William Marshall, Chief Executive Officer of Budgethotels Network confirmed.
``Our association with Amtrak, combined with our relationship with Greyhound Bus Lines affords Budgethotels Network the opportunity to rapidly expand one of our three growth areas, the information board business. The Penn Station board brings our North American total to 86 Info Center Boards.'' William Marshall, Chief Executive Officer of Budgethotels Network stated. ``Combined with our internet linked kiosks and with our internet reservation system, Budgethotels.com, we can rapidly increase our revenue base while solidifying our position as a complete package provider of necessary services for the economy oriented traveler. We are delighted to be associated with Amtrak and are committed to providing excellent service to them,'' Marshall concluded.
Certain information included in this communication (as well as information included in oral statements or other written statements) made, or to be made by Budgethotels Network, Inc. may contain statements that are forward looking. Statements relating to the future anticipated direction of the internet industry, plans for future expansion, various business developments, activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Contact:
Budgethotels Network Inc.
William McLaws, 604/605-0446
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