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To: Jim Bishop who wrote (26568)	2/10/2000 12:36:00 PM
From: LANCE B	Read Replies (1) \| Respond to of 150070

PUTT- WELL IT IS ABOUT TIME YOU PEOPLE FIGURED OUT THIS WAS BIG.. To: LANCE B (2620 ) From: LANCE B Tuesday, Oct 5 1999 3:02PM ET Reply # of 2942 PUTT- if mm put this in play look out... (COMTEX) B: Divot Golf Corporation Announces the Signing of a Definit B: Divot Golf Corporation Announces the Signing of a Definitive Merger Agreement to Acquire Orbit Network Inc., an eCommerce Internet and Travel Technology Company NOVATO, Calif., Oct 5, 1999 (BUSINESS WIRE) -- The new company will be named orbitravel.com Divot Golf Corporation, (OTC:PUTT) today announced that it has signed a definitive merger agreement to acquire California based Orbit Network Inc. in a stock for stock exchange. Terms of the deal were not disclosed. This acquisition supports Divot's strategy to capitalize on Orbit's technology platform and travel industry relationships to build a unique business to business leisure travel e-commerce Internet company. "While independent consumer direct Internet travel initiatives struggle for business viability, we believe a substantial opportunity exists today for a global content and e-commerce enabling company such as Orbit," noted Joseph Cellura, Chairman & CEO of Divot. "Orbit has validated the business model, and we have the vehicle to take it forward." (COMTEX) B: Divot Golf Corporation Announces the Signing of a Definit B: Divot Golf Corporation Announces the Signing of a Definitive Merger Agreement to Acquire Orbit Network Inc., an eCommerce Internet and Travel Technology Company NOVATO, Calif., Oct 5, 1999 (BUSINESS WIRE) -- The new company will be named orbitravel.com Divot Golf Corporation, (OTC:PUTT) today announced that it has signed a definitive merger agreement to acquire California based Orbit Network Inc. in a stock for stock exchange. Terms of the deal were not disclosed. This acquisition supports Divot's strategy to capitalize on Orbit's technology platform and travel industry relationships to build a unique business to business leisure travel e-commerce Internet company. "While independent consumer direct Internet travel initiatives struggle for business viability, we believe a substantial opportunity exists today for a global content and e-commerce enabling company such as Orbit," noted Joseph Cellura, Chairman & CEO of Divot. "Orbit has validated the business model, and we have the vehicle to take it forward." Orbit provides leisure travel suppliers and destination marketing organizations the ability to market and distribute their products electronically to consumers, corporations and travel agents world wide through one distribution service vendor. Orbit is the only e-commerce company that provides proprietary connections to not just the Internet (World Wide Web), but also established strategic e-commerce partners, and all the major airline reservation systems- AMADEUS, Galileo International (NYSE:GLC), SABRE (NYSE:TSG), and WORLDSPAN. "We are ready to address this rapidly emerging market opportunity," noted Bill Guerin, Orbit's President and CEO. "Our 'Intel inside' business approach for providing content and the e-commerce enabling technology seems to have caught on, and with each new strategic online partner we create an additional point of sale for our clients." A selection of Orbit strategic marketing and distribution partners includes British Airways, The American Society of Travel Agents and The Caribbean Tourism Organization. Orbit operates its own branded Internet sites (www.orbitnetwork.com) and (www.travelfile.com), and sites for its online marketing partners, The American Society of Travel Agents (ASTA) (www.astanet.com), and The Caribbean Tourism Organization (CTO) (www.caribtourism.com). Copyright (C) 1999 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Orbit Network Inc. (Investor Relations) Dave Noosinow, 415/883-1100 x 415 dnoosinow@orbitnetwork.com WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INDUSTRY CODE: TRAVEL/AIRLINES INTERACTIVE/MULTIMEDIA/INTERNET SPORTS Next Previous \| Previous \| Next \| Respond \| View SubjectMarks Bookmark this Subject Discussion \| People \| MetaCrawler Subject Titles Only Full-Text This Subject Only