Message #22 From:
NewsBot Date: October 14, 2005 03:54:00 AM
TGLO News .travel Launch Preview Featured at World Travel Market 2005
LONDON--(BUSINESS WIRE)--Oct. 14, 2005--Worldwide industry leaders will unveil details about the new top level internet domain, .travel (dot travel), during opening day at World Travel Market 2005 in London.
Senior representatives of the World Tourism Organisation (WTO), the World Travel & Tourism Council (WTTC), Pacific Asia Tourism Association (PATA) and Reed Travel Exhibitions (RTE) are among those scheduled to participate in the informative .travel launch preview event on Monday, 14th of November - World Travel Market's opening day.
The new internet domain is designed to help raise the profile, credibility and identity of the worldwide travel industry, particularly at a time when online consumer spending on travel products has surged upwards to more than 28 percent.
Ron Andruff, president and chief executive officer of Tralliance Corporation, the New York company serving as the registry for .travel, will provide insight into what has already occurred during the limited pre-launch phase, which began in October. "This insight we will provide at World Travel Market comes at a critical time, since we will be at the half-way milestone in the 90-day limited launch of .travel, which began on October 3rd. We are very much looking forward to sharing early .travel success stories," he said.
While the official launch of .travel will take place in January 2006, more than 30 leading travel industry organisations, including ASTA, WTTC and PATA have been involved in pre-authentication which began in July.
"Thousands of .travel registrants, representing every sector of the industry from entire countries to individually-owned travel service providers, have already been authenticated," said Andruff.
Tom Nutley, Chairman of RTE, organisers of World Travel Market, who will be speaking at the launch preview at World Travel Market, said: "The use of online resources for research and reservations has gone through the roof and .travel represents a major opportunity for the industry to be promoted universally. At the same time, it also strengthens consumer confidence when they buy travel and holidays direct from the web.
"The launch preview at World Travel Market is a timely opportunity for national and regional tourist offices, tour operators, hotels, resorts, cruise and ferry companies, tourist attractions and transport providers - in fact any company or organisation involved in the travel and tourism industry - to learn more about how they can be part of a much needed great new unifying dimension to the global industry."
Tralliance Corporation is a wholly-owned subsidiary of theglobe.com (OTCBB:TGLO) that, as the .travel Registry, develops products and services to promote the efficiencies and convenience of e-commerce for travel and tourism companies on the Internet. Designed to serve the global travel and tourism community, the major aims of the .travel sponsored Top Level Domain (sTLD) are improved Internet identity, creation of advanced distribution channels, and the establishment of a strong trust factor between the industry and its customers.
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This press release includes forward-looking statements related to theglobe.com, inc. that involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to integration of newly acquired businesses and assets, product delivery, product launch dates, risks relating to the Internet, development and protection of technology, the availability of financing or other capital to fund its plans and operations, the management of growth, market acceptance of our products, our ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation (particularly as it pertains to the Internet), pending litigation and other risks. These forward-looking statements are made in reliance on the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these and other factors that could affect theglobe.com's future results and business plans, please see the Company's filings with the Securities and Exchange Commission, including in particular our Annual Report on Form 10-KSB for the year ended December 31, 2004 and our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2005. Copies of these filings are available online at http://www.sec.gov. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially and adversely from management expectations.
