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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?

To: Sal D who wrote (4687)	12/1/1999 6:21:00 AM
From: IFLYer	Read Replies (1) \| Respond to of 4761

800 Travel Systems Announces Appointment of Peter M. Sontag as Their New President and Member of the Board of Directors biz.yahoo.com TAMPA, Fla., Nov. 23 /PRNewswire/ -- Peter M. Sontag has been appointed President and the newest member of the Board of Directors for 800 Travel Systems, Inc. (Nasdaq: IFLY - news) a leading provider of a full range of travel- related products and services. Mark Mastrini, the company's current President and CEO, announced the appointment, which is effective today. ``We are looking forward to the vision and guidance that Mr. Sontag will bring to our company,' said Mark Mastrini. ``Mr. Sontag joins 800 Travel Systems with a wealth of travel industry and business expansion experience. He has acquired and integrated over 70 travel corporations in his career and he is widely known as a visionary and strategist. He was also one of the early e-commerce adopters. We believe that his knowledgeable approach to our industry will help lead the direction and complete our transition into a leading 'click and mortar' travel company over the next three years.' Mr. Sontag is quoted as stating that: ``800 Travel Systems is a dynamic, proven and successful company with a track record of growth and profitability. The company receives thousands of calls a day from customers who increasingly are expressing their desire to switch to Internet access. 800 is positioned perfectly to expedite its transition into e-commerce via the novel IRIS! system with its unique interactive features.' Sontag concluded, ``With 'live agents' serving e-commerce customers on-line at www.LowAirFare.com , as well as our strategy to diversify revenue, the resulting approach to on-line travel is defining a new and exciting direction of our company.' Most recently, Mr. Sontag was the Chairman of the Board at THOR-24; a Colorado-based travel telecommunications outsourcing and publishing company. In September of 1999 he engineered the sale and merger of THOR to Trip.com, the first Internet travel company focusing on the mobile professional. Formerly, as Chairman and CEO of USTravel, he founded and built this profitable company to $2.4 billion in annual sales, propelling it to one of the country's three largest travel corporations. Mr. Sontag had been listed for four years by Business Travel News as one of the industry's ``25 Most Influential Executives.'