Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : MLM Millennium Network Corp -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (446)	9/14/1999 1:57:00 AM
From: ring4	Read Replies (2) \| Respond to of 482

HSS--VSE---INTERNET TRAVEL I spoke with a fellow from investor relations today----he said they were going to be starting some type of program in the next few weeks. I just signed up with silicon----i have been a shareholder in hss for a while. I am sure you will agree the stock is undervalued. Let me know what you think----you may want to call the IR guy---- 1-877-399-4499 Date: September 10, 1999 Contact: Investor Relations Tel: 1-877-399-4499 HARS Reports 497% Increase in Internet Bookings for Seven Month Period Calgary, Alberta - Hars Systems Inc, through its wholly owned subsidiary VIP International Corporation, for the seven month calendar period ending July 1999, experienced a 497% increase in Internet bookings as compared to the same period last year. The company processed internet derived reservations worth more than $5 million in hotel room and car rental revenue for the period. Overall, for the period, the company generated in excess of $86 million in hotel room and car rental revenue from both the Internet and travel agent airline reservation systems. In the month of July approximately 8% of VIP's booking and sales volume was supplied by Internet channels, which is up from 6% two months previous. The company fully expects 12% of its business to be derived from the net by the year 2000. Anita Chan Director of Marketing and Electronic Distribution said, "These numbers have been achieved without the activation of TravelWeb and our own travel website. We expect even greater results when these Internet channels are fully operational." VIP entered into an agreement with Pegasus Systems, Inc. of Dallas, Texas in July of this year to list its hotel and car rental locations on Pegasus' TravelWeb travel site. VIP expects the site to be fully active by the second quarter of 2000. VIP's own proprietary travel site is due to be launched by the end of this month. VIP provides Internet and travel agent airline global distribution system services to more than 3,100 hotel properties and car rental locations in 66 countries. VIP is a wholly owned subsidiary of publicly traded HARS Systems, Inc. - VSE - HSS. VIP International Corporation (A wholly owned subsidiary of HARS Systems, Inc. VSE - HSS) Tel. 1-877-399-4499 (Investor Relations) Providing Internet & GDS Electronic Distribution and Marketing Services to more than 3,100 hotel and car rental companies worldwide.