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Technology Stocks : NETC - Netcruise.com (formerly GENS)

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To: hoffy who wrote (4)2/13/1999 1:14:00 PM
From: Rock_nj  Read Replies (1) of 18
 
I hope the site opens on Tuesday and it probably will, but the PR as it reads on Yahoo says: As previously announced, the company plans to launch www.netcruise.com, a full-service Internet travel site, in mid-February. It's not date-specific. We need to let people know about the site opening.

Genisys Reservation Systems Inc., Changes Stock
Symbol

UNION, N.J.--(BUSINESS WIRE)--Feb. 12, 1999--Genisys Reservation Systems, Inc. (NASDAQ: NETC/GENS) has begun trading under a new symbol, NETC, it was announced today by Larry Burk, president and CEO. The company will ask shareholders to approve a name change, from Genisys Reservation Systems, Inc. to netcruisetravel.com, inc. at its next annual shareholders meeting.

''These changes reflect our new strategic direction, as an Internet travel company,'' Burk said.

As previously announced, the company plans to launch www.netcruise.com, a full-service Internet travel site, in mid-February. The site will allow NetCruise independent travel consultants to research and book travel. The content also will include travel packages, including cruises. In addition, the company will offer subscriptions to the travel site that will allow consumers to
become part of the NetCruise Independent Travel Consultant Network. Network members will receive travel discounts. They also will receive commissions on all the travel they book for themselves and/or for friends, relatives and business associates.
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