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

To: Hiram Walker who wrote (535)	4/16/1998 5:06:00 PM
From: Turboe	Read Replies (1) \| Respond to of 4761

Thursday April 16, 4:45 pm Eastern Time Company Press Release SOURCE: 800 Travel Systems, Inc. George Warde Appointed Chairman of the Board of 800 Travel Systems, Inc. TAMPA, Fla., April 16 /PRNewswire/ -- 800 Travel Systems, Inc. (Nasdaq: IFLY - news, IFLYW - news) announced the appointment today of George A. Warde as Chairman of its Board of Directors. Mr. Warde, a director of 800 Travel Systems, Inc. since October of 1997, is the former CEO of both American Airlines and Continental Airlines, as well as the former President of Airbus Industries, the world's second largest aircraft manufacturer. Mr. Warde currently serves as an advisor to numerous prominent aviation concerns around the world. Upon his appointment, Mr. Warde said, ''I look forward to leading the dedicated and competent management team of 800 Travel Systems, Inc. led by its President Mark Mastrini, as it continues the phenomenal growth of its core business and embarks on its Internet venture; a venture which I believe to have limitless potential.'' Mark Mastrini, the Company's President and Chief Operating Officer, said, ''We are very pleased and honored that Mr. Warde has accepted this position. Our former Chairman, Michael Gaggi, did a great job and accomplished his mission of guiding 800 Travel Systems, Inc. through its early funding stages and its initial public offering. Mr. Gaggi felt that with the Company's Initial Public Offering completed, the timing was appropriate to resign to make room for travel industry veteran, Mr. Warde, who will take 800 Travel Systems, Inc. to its next level of development. We are grateful to Mr. Gaggi for his outstanding leadership, look forward to his continued contributions as a director and anticipate continued growth of 800 Travel Systems, Inc. under Mr. Warde's leadership.'' 800 Travel Systems, one of the 100 largest independent travel agencies in the United States, provides low-priced airline tickets for domestic and international travel through its easy to remember numbers ''1-800-LOW-AIR-FARE'' (1-800-569-2473) and ''1-800-FLY-4-LESS'' (1-800-359-4537). SOURCE: 800 Travel Systems, Inc. --------------------------------------------------------------------------------