To: Jenna who wrote (19416 ) 12/2/1998 9:52:00 AM From: Mongo2116 Read Replies (2) | Respond to of 120523
SAN FRANCISCO, Dec. 2 /PRNewswire/ -- Preview Travel, Inc. (Nasdaq: PTVL), a leading online travel service, today announced the addition of a number of new features designed to help make travel planning and reservations faster and easier for its more than 6 million subscribers. The company's new express booking feature makes it easier for shoppers to buy travel online with fewer clicks and an enhanced user interface. The company also announced a number of additional features that make the award-winning service even more user-friendly. Preview Travel users can now: * Establish an account in just 2 easy steps * Register for e-mail fare alerts for multiple city pairs * Save frequent travel itineraries -- enabling easy point-and-click shopping for regularly traveled routes * Save up to 10 profiles per leisure account and up to 20 profiles per * business account, making it easier for large families and small organizations to administer multiple travel profiles * See up to 7 low fare options when booking air travel * Receive real-time shopping tips to help find the best ticket price (e.g., by suggesting different travel dates) * Get discount fares online for seniors, infants and children, as well as for corporate accounts "We have dramatically streamlined and enhanced the shopping process for our customers," said Ken Orton, president and CEO of Preview Travel. "The online travel revolution is based upon offering consumers better ways to access information and to buy travel. By providing faster, easier and more robust services, we believe we are empowering the online consumer." In addition to the many new features mentioned above, Preview Travel has developed the capability to provide online shoppers with special offers "mid-stream" through the reservation process. By offering shoppers special incentives during the reservations process, Preview Travel will be able to reward frequent shoppers and motivate new buyers. About Preview Travel Preview Travel, Inc. is a leading provider of branded online travel services for leisure and small business travelers. It offers one-stop shopping for airline tickets, vacation packages, car rentals, hotels and cruises, as well as integrated access to travel information, news and resources. Preview Travel has more than 6 million registered subscribers and reported gross bookings of $57.6 million in Q3 1998. Preview Travel is one of the top 50 most visited Web properties according to Media Metrix (September '98). The company operates its own award-winning Web site atpreviewtravel.com , in addition to the primary travel services on America Online, AOL.com, Excite, Lycos, SNAP! and USA Today. Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, without limitation, Preview Travel's dependence on its ability to significantly increase its customer base, online revenues, brand recognition and sales volume, and to maintain and develop relationships with strategic partners, as well as potential risks affecting the travel industry such as reductions in commissions. These and other risk factors are described in detail in Preview Travel's Annual Report on Form 10-K for the year ended December 31, 1997 and Quarterly Report on Form 10-Q for the quarter ended September 30, 1998, in the prospectus dated April 30, 1998 relating to Preview Travel's secondary public offering, and in Preview Travel's other filings with the Securities and Exchange Commission. SOURCE Preview Travel, Inc. /CONTACT: Ron Pernick, 415-439-1227, or rpernick@previewtravel.com, orScott Radcliffe, 415-439-1370, or sradcliffe@previewtravel.com, both ofPreview Travel, Inc.; or Christina Hamlett of Fleishman Hillard, 415-356-1083,or hamlettc@fleishman.com, for Preview Travel/ /Web site: previewtravel.com Dec-02-1998 05:16 GMT Symbols: US;PTVL Source PRN PR NewsWire Categories: NWR/CA NWI/LEI NWS/PDT