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Exhibit 99.3
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800 TRAVEL SYSTEMS ELECTS VINCE VITTI AND ANTOINE TOFFA
TO BOARD OF DIRECTORS
TAMPA, FL, JULY 17, 2000 - 800 TRAVEL SYSTEMS, INC. (NASDAQ: IFLY, IFLYW), a
leading provider of travel-related products and services through its website
www.LowAirfare.com and call centers, today announced the election of Vince Vitti
and Antoine Toffa to the Board of Directors, bringing the total number of
directors to seven.
Mr. Vitti, 56, is President and founder of VTS Travel Enterprises, the 10th
largest travel agency in the U.S., specializing in corporate travel. Mr. Vitti
has a broad business and information systems background, with previous positions
at Technicon Corporation, International Food Services, and Citibank and Citicorp
Travel Services Division. In 1980, he purchased the travel division of Citibank
(City Travel), which today is VTS Travel. Mr. Vitti has been named one of the
"Top 25 Most Influential Executives in the Travel Industry" by Business Travel
News.
Mr. Toffa, 35, has been involved with interactive media and the Internet since
1987, and was named "Person of the Year 1999" by Interactive Travel Report for
his leadership, innovation and overall contribution to the online travel
industry. Mr. Toffa was the founder and CEO of Trip.com, a leading online travel
site, which he sold to Galileo International, Inc. (NYSE: GLC). Recently, he
co-founded TamTam.com, an online marketplace where the international community
trades products, services, and ideas. Previously, Mr. Toffa was General Manager
of Product Development for US West Interactive Services and served as a
consultant to numerous Fortune 100 companies.
Peter Sontag, CEO of 800 Travel Systems, commented, "Both Vince and Antoine
bring extensive online and travel industry experience to the Board. I am
delighted that they are a part of the Board and am confident that they will
greatly assist 800 Travel Systems in our pursuit of our e-commerce goals. Their
knowledge and expertise are widely acclaimed in the industry and the Company
will benefit from their insight and guidance."
ABOUT 800 TRAVEL SYSTEMS
800 Travel Systems is a leading provider of low-priced travel related products
and services through its nationally recognized http://www.LowAirfare.com web
site and through its easy to remember toll free numbers "800-LOW-AIR FARE"
(800-569-2473) AND "800-FLY-4-LESS" (800-359-4537). A distinguishing feature of
the www.LowAirfare.com web site is its ability to connect live reservation
agents directly with on-line travel consumers in an instant messaging format
that allows consumers to book air travel, on-line, in real time. 800 Travel
Systems is headquartered in Tampa, Florida and employs more than 350 people,
combined, in the Company's 33,000 square-foot data communications center in
Tampa and a similar center in San Diego, California.
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FORWARD-LOOKING AND CAUTIONARY STATEMENTS:
This press release contains statements which may constitute forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as amended. This
press release may include forward-looking statements that do not refer strictly
to historical results or actions, which although believed to be reasonable, are
inherently uncertain and difficult to predict. Such statements are subject to
certain risks and uncertainties inherent in 800 Travel Systems' business and
investors and prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties and that actual results may differ materially from those projected
as a result of various factors as set forth from time to time in the Company's
filings with the SEC including its recently filed form 10-KSB for the year ended
December 31, 1999. The Company undertakes no obligation to publicly update or
revise the forward-looking statements made in this press release to reflect
events or circumstances after the date of this press release or to reflect the
occurrence of unanticipated events.
INVESTOR RELATIONS: PUBLIC RELATIONS:
Lisa Lettieri Rod Caborn
Lippert/Heilshorn & Associates YP&B
(212) 838-3777 (407) 875-1111
[email protected] [email protected]
www.lhai.com www.ypb.com
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