To: Joe Copia who wrote (53647 ) 7/6/2000 12:30:07 PM From: Jim Bishop Respond to of 150070 TSER more news BOCA RATON, Fla., Jul 6, 2000 (BUSINESS WIRE) -- Paul Johnson, President/CEO of eTravelserve.com, Inc. (www.etravelserve.com) (OTCBB:TSER), has announced that the company has initiated a European Investment Banking Initiative which is scheduled to include road shows, investor relations, investment banking support and the listing of eTravelserve.com on two German Exchanges. Company officials will be in Europe from the 11th of July until August 1st and will be meeting with investment bankers, presenting the Company and completing the filings for listing on the new exchanges. The listings are expected to be completed before August 1, 2000. Management will also be negotiating for listings on additional European Exchanges. "eTravelserve.com has been designed to become a global Internet travel provider and listing on foreign exchanges will help promote this. We are very excited about the initial contacts we have made in Europe and are looking forward to making presentations to investment bankers and potential investors. We have already begun the steps of preparing filings for listing in Germany as well as securing market makers. While in Europe we will continue negotiations for additional listings in Europe. The additional interest in eTravelserve.com, with the help of European Investment Bankers, should prove to be extremely positive for shareholder value," said Johnson. eTravelserve.com has also released a recorded "Investor Update Call" as of June 30, 2000 at 2100 EST, which can be accessed at 1-877-213-9653 and entering code No. 2193973. The call will update new developments, specific ad campaign information as well as upcoming plans. FOR SHAREHOLDER INFORMATION CALL STOCKBROKER RELATIONS AT 1-800-546-7950 Information in this press release contains "forward-looking statements." These statements involve risks and uncertainties that could cause actual results to differ materially. There is no assurance the above-described events will be completed. There can be no assurance of the ability of the company to achieve sales goals, obtain contracts or financing, consummate acquisitions or achieve profitability in the future. The above and additional factors are discussed in detail in the Company's filings with the S.E.C. CONTACT: eTravelserve.com, Boca Raton Paul Johnson, 561/417-3633 www.etravelserve.com URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2000 Business Wire. All rights reserved.