MORRISTOWN, N.J. and DUBLIN, Ireland, March 21, 2007 (PRIME NEWSWIRE) -- Crystal International Travel Group (OTCBB:CINT) announced that it has just activated new web assets in support of its IntelliFares(tm) business.
Now consumers will be able to learn all about the IntelliFares(tm) product, including examples of how they can save up to 20% and more on their airfare. In addition, the site assists them in connecting with IntelliFares' first distributor, Flying Dutchmen Travel, where they can purchase the product, and will include a distributor locator to aid them as other distributors are signed up. The site also provides for Timeshare developers and operators and travel agents the ability to register to become a distributor.
At the same time, IntelliFares launched a secure site for the processing of distributor orders on a wholesale basis. Retail purchasing will be enabled in the next several weeks in phase two of the sites development. You may log onto the IntelliFares website at www.intellifares.com.
About IntelliFares(tm): IntelliFares is a unique, travel product where Predictable Pattern Travelers (Timeshare and vacation homeowners, recurring cruisers, college students, business travelers) can purchase "five years of travel at less than today's price." The patent pending process integrates forward and bulk purchasing disciplines with financial management methodology in partnership with UBS in order to lock in a price for the consumer over a five year time horizon. It also provides a revenue share for distributors, reversing the decline in commissions available to the airline ticket distribution community.
Safe Harbor Statement: This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the views of Crystal International Travel Group, Inc. s (the "Company") management regarding current expectations and projections pertaining to future events and are based on currently available information. The statements involve a number of risks and uncertainties, including the ability of the Company to generate sufficient sales of IntelliFares, the completion of its distribution network, the completion of its IT and internet assets, and other factors described in the Company's respective filings with the Securities and Exchange Commission. Other unknown or unpredictable factors also may have material adverse effects on Crystal's business, financial conditions and results of operations. Accordingly, readers should not place undue reliance on these forward-looking statements. The use of words such as anticipates, estimates, expects, is in process, intends, plans and believes, among others, generally identify forward-looking statements; however, these words are not the exclusive means of identifying such statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements and are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. The Company is not under any obligation and does not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise, even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized.