FOR IMMEDIATE RELEASE
Contact: Stephanie Abrams
(Englewood Cliffs, New Jersey) August 29, 2001: REZconnect Technologies, Inc. becomes the new name for the "bricks & clicks" company formerly known as eTravnet.com, Inc., effective today, announced Stephanie Abrams, the company's Executive Vice President. Its new NASDAQ (otcbb) symbol is REZT, replacing its former ETVT symbol.
"The new company name clearly positions the importance of our REZconnect technology," Abrams explained. "Our net-to-phone-to-net unique reservations and appointment-scheduling technology has specific application within our franchise travel agency chain division as well as application opportunities throughout the travel and hospitality industry. Our name change gives our company's focus on technology, as an integral part of the future of the travel and hospitality industry, the positioning it deserves. Our business plan also calls for applications of our appointments scheduling solution for other business sectors."
The company has signed a strategic partnership agreement with Zagat Survey,
to provide online real-time reservations for restaurants listed at zagat.com.
Among the restaurants to sign up for REZconnect reservations service are,
The Four Seasons in New York City, and Norman's, rated the #1 Zagat listed
restaurant in the Miami, Florida area. REZconnect Technologies has also
recently signed a strategic partnership agreement with Worldspan, the
airline computer system owned by Delta, Northwest, and TWA/American Airlines,
to provide the connectivity for niche market cruise lines, independent
hotels, and tour operators, to make their products bookable in real-time
for the 22,000 travel agencies in the Worldspan system.
This press release contains forward-looking statements. All such statements involve risks and uncertainties, including, without limitation, the risks detailed in eTRAVNET.COM, Inc.'s filings and reports with the Securities and Exchange Commission. Such statements are only predictions and actual events or results may differ materially.