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Technology Stocks : LPHL (Leisureplanet Holdings)

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To: Gabriel who wrote (117)2/24/2000 7:47:00 PM
From: Gabriel  Read Replies (1) of 122
 
Leisureplanet.com Strikes Content Deal With American Airlines Vacations; Six further international web sites sign up for travel guide content from leading Internet travel services company
(BusinessWire, Feb 24, 2000 12:27 hrs)

LONDON--(BUSINESS WIRE)--Feb. 24, 2000--Leisureplanet.com, a leading international leisure travel e-commerce company that is majority-owned by Leisureplanet Holdings, Ltd. (NASDAQ:LPHL) today announced the signing of seven content licence deals. The new contracts have been signed with: American Airlines Vacations Travel Shop Away.com Wedding Details Elocal.com Wedding Guide Francite Existing distribution relationships include: InfoSpace.com Lycos Europe Line One TRIP.com Lot Polish Airlines

Leisureplanet.com's travel guides offer comprehensive information on over 180 countries world wide and are available in 6 languages English, Spanish, German, French, Dutch, and Italian. Additional languages will shortly be available including Portuguese, the Scandinavian languages and Finnish.

Pierre Kleinhans, chief executive officer of Leisureplanet.com said "Leisureplanet.com offers the most comprehensive local language travel guide resource on the Internet, which is available to consumers on all Leisureplanet.com shopfronts. Leisureplanet.com's proprietary travel guides are a major content advantage which enhances the customer's leisure travel experience when booking travel online."

Leisureplanet.com is committed to licensing its proprietary Travel Guides through an expanding network of high-profile distribution partners. The licensing agreements constitute a large advertising and licensing revenue generation resource and bring Leisureplanet.com's brand to consumers across partnering websites.

Under the terms of the agreement each company will pay Leisureplanet.com a licence fee for use of the content and will share advertising revenue with the company. Summary profiles of the licensees:

American Airlines Vacations aavacations.com

American Airlines Vacations is the largest airline-owned tour operator in the world providing, for more than 60 years an expansive network of flights and a broad selection of vacations.

Away.com away.com

Away.com, created following the recent merger between Greentravel.com and AdventureQuest.com, hosts the largest network of pre-screened adventure travel tour operators offering a searchable database of worldwide travel opportunities and serving more than 300,000 members.

Francite francite.com

Francite is a portal that includes a very precise search engine and offers many services to it's users, like free e-mail, chat, e-commerce and the travel guides to mention a few. Francite is dedicated to the francophone community and has over 3,500,000 unique visitors per month.

eLocal eLocal.com

The eLocal.com Network provides comprehensive local information that empowers end users to make informed decisions about how and where they live, work, and play. The company distributes its network to portals, ISPs, corporate clients and wireless devices to brand and display on their site with their own look and feel.

Travel Shop travelshop.com.au

The leading Australian Internet travel portal, travelshop.com.au offers a complete one-stop, online shopping service with a host of travel products and services. Travelshop.com.au is the technology and travel spin off from Travelshop, the Western Australia-based travel agency network.

Wedding Details weddingdetails.com

Wedding Details is a one-stop, online planning source offering wedding planning information, service provider and honeymoon destination travel information. Wedding Details also has a panel of experts ready to assist the user with wedding needs.

Wedding Guide weddingguide.co.uk

Wedding Guide offers users an information and planning service for weddings in the UK, together with an extensive guide to honeymoon destinations and travel information.

About Leisureplanet.com:

Leisureplanet.com is a leading international leisure travel e-commerce company working to deliver the ultimate leisure travel experience to travelers. Leisureplanet.com is committed to achieving global leadership through localized websites in the USA, Europe and other international markets. The service offers more than 180 guides and provides reservations for flights, cruises, hotels and rental cars, and supports these with multi-lingual customer services call centres and e-mail. Leisureplanet.com offers unique experiences like browsing through the world's largest database of hotel images (over 60 000) as well as slide shows of chosen destinations. Leisureplanet.com services are distributed through websites operated by CNN, Yahoo!, Lycos/Bertelsmann and Infospace.com.

Leisureplanet.com is majority owned by Leisureplanet Holdings Ltd. (NASDAQ:LPHL), a publicly traded investment company. Leisureplanet.com's minority shareholders include Europe@Web and CNN.

CONTACT: Leisureplanet.com

Dagny Mjos

+32 16 384 777

KEYWORD: INTERNATIONAL EUROPE

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