Message #2 From:
NewsBot Date: August 28, 2006 05:30:00 AM
ONVC News Online Vacation Center Holdings Corp. Added to Local Florida Stock Index
PLANTATION, Fla.--(BUSINESS WIRE)--Aug. 28, 2006--Online Vacation Center Holdings Corp. (OTC BB: ONVC), an aggregator of diversified vacation sellers, today announced that is has been added to the PCE Florida Index, a market value based index comprised of micro-cap public companies headquartered in the State of Florida. To qualify, companies must have annual revenues greater than $500,000 and a market value of between $1 million and $250 million.
The PCE Florida Index was developed with the support of Rollins College - Crummer Graduate School of Business in Winter Park, Florida. The character of the index is distinctly different from other familiar indices such as the Russell 2000, Dow and the S&P 500 in that it will provide a view of how value is being created and managed among small public companies in Florida. The index currently represents approximately $9 billion of market value. Additional information about the PCE Florida Index can be found at http://www.pceindexes.com.
About Online Vacation Center
Online Vacation Center Holdings Corp., based in Plantation, Florida, is focused on building a network of diversified vacation sellers with a range of products that can be cross-sold to an extensive customer base. Target businesses will be financially and technologically sound and provide a high degree of personalized service to help customers research, plan and purchase a vacation. The Company, today one of the country's largest cruise retailers, has been in business for over 30 years and became publicly traded in March 2006. Additional information can be found at www.onlinevacationcenter.com.
