Preview Travel (PTVL) ---- Via...Excite & AOL Message Board

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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL

PTVL 1.390

0.0%

Jan 21 4:00 PM EST

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To: TLindt who wrote (181)	3/23/1998 9:00:00 PM
From: StormRider	Read Replies (1) of 728

Preview Travel to set up travel site on Lycos SAN FRANCISCO (Reuters) - Preview Travel Inc., an online travel reservation service, said Monday it will pay Lycos Inc. $4.25 million to become the Internet search engine's exclusive travel reservation provider. Under the two-year agreement, Preview Travel will set up a travel guide and booking services for airlines, hotels, car rentals and vacation packages, the companies said. Preview Travel, based in San Francisco, allows computer users to find and buy airline tickets through online services. It makes money by charging fees from airlines and hotels. It has paid major online services like America Online Inc. and Excite Inc. to be the exclusive travel service provider on their sites. Lycos, based in Waltham, Mass., runs an Internet directory service that helps computer users find specific sites and documents on the global computer network. The company said it will offer Preview Travel through its Lycos Travel Web Guide and the Lycos Shopping Network sections. The agreement is part of Preview Travel's strategy to reach the widest audience of travel shoppers on the Internet, said Ken Orton, the company's chief executive and president. nt.excite.com

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