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To: Sir Auric Goldfinger who wrote (55077)2/11/1999 6:55:00 PM
From: blake roberts  Read Replies (1) | Respond to of 119973
 
This could be the biggest stock of the year GENS read the news and weep. Entry point will be asap. They have new web site openning Tuesday.

Genisys Reservation Systems, Inc. Acquires Independent Travel Agency with Annual Bookings of Nearly $2 Million

UNION, N.J.--(BUSINESS WIRE)--Feb. 11, 1999--Genisys Reservation Systems, Inc. (NASDAQ: GENS) has acquired Sammy's Travel World Inc., a full-service travel agency serving the northern New Jersey and New York City areas, it was announced today by Larry Burk, president and CEO.

Sammy's Travel has annual gross bookings of approximately $1.8 million.

"The acquisition of this high-quality agency with its experienced team of travel agents provides us with licensing and servicing capabilities that we can now extend to our previously acquired network of approximately 280 Sterling Independent Travel agents," Burk said.

"The company also will benefit from the addition of Samuel Rabin, founder of Sammy's Travel World, to our management team. Mr. Rabin is a travel industry expert with strong connections in the travel business and a reputation for exceptional sensitivity to client service." Burk added: "This acquisition, combined with our previous acquisitions of United Leisure Interactive Assets and Sterling Travel's independent travel consultants, accelerates our entry into the Internet travel business."

Rabin said: "We are thrilled to have the opportunity to enter into this exciting partnership with Genisys Reservations Systems who brings to the table the knowledge, creativity and resources to assure its position as a leader in the rapidly growing online travel industry." As previously announced, the company plans to launch www.netcruise.com, a full-service Internet travel site, in mid-February. The site will allow NetCruise independent travel consultants to research and book travel. The content also will include travel packages, including cruises. In addition, the company will offer subscriptions to the travel site that will allow consumers to become part of the NetCruise Independent Travel Consultant Network. Network members will receive travel discounts. They also will receive commissions on all the travel they book for themselves and/or for friends, relatives and business associates.

NetCruise.com features patent-pending proprietary technology that allows members to view instant, full-motion video of travel destinations through seamless interaction with the NetCruise CD Rom travel library.

Sammy's Travel World was founded in 1977. The company specializes in leisure and corporate travel. Genisys Reservation Systems, Inc. has specialized in the design and operation of computerized reservation systems for the travel industry, and has now focused its efforts on the on-line travel business.



To: Sir Auric Goldfinger who wrote (55077)2/11/1999 6:58:00 PM
From: MoneyMade  Read Replies (1) | Respond to of 119973
 
Your finished...A@P runs the show step aside his hummer is coming through!



To: Sir Auric Goldfinger who wrote (55077)2/11/1999 7:39:00 PM
From: BigTex  Respond to of 119973
 
Bubba,what are you doing over here?This is a thread for MO MO,very few if any short sells come off of this thread.