NOVATO, Calif.--(BUSINESS WIRE)--April 27, 1999--
Orbit Network Inc announced its first quarter results with adoption of its on-line marketing and transaction processing services by 35 prestigious leisure travel tour operators and destination marketing organizations. The combination of
leisure packages and destination information displayed throughout Orbit's branded channels - www.travelfile.com, AOL key word "TravelFile", TravelFile on all major travel agent reservation systems, and through Orbit's affiliated channels - www.ASTAnet.com and www.caribtourism.com provides travel suppliers unmatched marketing power and reach to both wired consumers and travel agents."The direct access to destination information along side tour descriptions is one of our strategies to bring more complex travel packages into the online travel marketplace that has been dominated by simple sale services like airline tickets", stated Bill Guerin, Orbit's President and Founder. "We are proud of our success in first quarter of attracting many of the most sophisticated marketing organizations in the travel industry including USTOA members such as Collette Tours, Inc., and Mayflower Tours, Inc. Additional marketing partners include: Icelandair, Atlantic Tours Gray Line, and Barefoot Holidays St. Lucia, as well as leading tourism organizations including the Orlando/Orange County Convention & Visitors Bureau and the New Orleans Metropolitan Convention & Visitors Bureau."
An increasingly popular segment of Orbit's on-line market, International client contracts were signed with: The Monaco Government Tourism Office; The Netherlands Board of Tourism; and the Singapore Tourism Board. Currently, The Orbit Network, provides on-line marketing services for over 60 global destinations including the major Caribbean and European locations.
TravelFile, Orbit Network Inc.'s branded travel channel, is recognized as a pioneer in online marketing. TravelFile is currently available on the Web and through the America Online Travel Channel. The professional version of TravelFile is available free to travel agents using SABRE, Apollo/Galileo Canada, WORLDSPAN and AMADEUS reservation systems. For more information about TravelFile call toll free1.800.826.2135 or see TravelFile's web site at www.travelfile.com.
Orbit Network Inc., is a one-stop provider of eCommerce solutions for the travel industry. Through its spectrum of distribution channel connections, reservation and settlement systems, marketing and technology consulting, Orbit gives travel suppliers - particularly providers of hard-to-automate leisure and international travel product - effective customized distribution solutions. Orbit is the only eCommerce company that provides proprietary connections to not just the Internet (World Wide Web) but also America Online, Inc. (NYSE: AOL news), and all the major airline reservation systems - Amadeus, Galileo International (NYSE: GLC - news), SABRE (NYSE: TSG - news), and WORLDSPAN.
Orbit Network Inc. has signed a definitive merger agreement with Surge Components, Inc. (NASDAQ: SRGE - news). The terms and conditions of said merger were released under a separate press release on March 2, 1999.
In conjunction with the provisions of the new " Safe Harbor" section of the Private Securities Litigation Reform Act of 1995, this news release may contain forward-looking statements pretaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations. All such forward-looking statements are necessarily only estimates of future results and there can be no assurance that results will not materially differ from expectations. Future information on potential factors which could affect Orbit Networks, Inc.