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800 Travel Systems Announces Appointment of Peter M. Sontag as Their New President and Member of the Board of Directors.


TAMPA, Fla.--(BUSINESS WIRE)--Nov. 23, 1999--

Peter M. Sontag has been appointed President and the newest member of the Board of Directors for 800 Travel Systems, Inc. (Nasdaq:IFLY IFLY International Federation of Liberal Youth
IFLY I Freaking Love You
) a leading provider of a full range of travel related products and services. Mark Mastrini the company's current President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  announced the appointment, which is effective today.

"We are looking forward to the vision and guidance that Mr. Sontag will bring to our company," said Mark Mastrini. "Mr. Sontag joins 800 Travel Systems with a wealth of travel industry and business expansion experience. He has acquired and integrated over 70 travel corporations in his career and he is widely known as a visionary and strategist strat·e·gist  
n.
One who is skilled in strategy.

Noun 1. strategist - an expert in strategy (especially in warfare)
strategian

market strategist - someone skilled in planning marketing campaigns
. He was also one of the early e-commerce adopters. We believe that his knowledgeable approach to our industry will help lead the direction and complete our transition into a leading `click and mortar' travel company over the next three years."

Mr. Sontag is quoted as stating that: "800 Travel Systems is a dynamic, proven and successful company with a track record of growth and profitability. The company receives thousands of calls a day from customers who increasingly are expressing their desire to switch to Internet access See how to access the Internet. . 800 is positioned perfectly to expedite ex·pe·dite  
tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites
1. To speed up the progress of; accelerate.

2.
 its transition into e-commerce via the novel IRIS! system with its unique interactive features." Sontag concluded, "With `live agents' serving e-commerce customers on-line at www.LowAirFare.com, as well as our strategy to diversify diversify

To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries.
 revenue, the resulting approach to on-line travel is defining a new and exciting direction of our company."

Most recently, Mr. Sontag was the Chairman of the Board at THOR-24; a Colorado based travel telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.  and publishing company. In September of 1999 he engineered the sale and merger of THOR to Trip.com, the first Internet travel company focusing on the mobile professional.

Formerly, as Chairman and CEO of USTravel, he founded and built this profitable company to $2.4 billion in annual sales, propelling pro·pel  
tr.v. pro·pelled, pro·pel·ling, pro·pels
To cause to move forward or onward. See Synonyms at push.



[Middle English propellen, from Latin
 it to one of the country's three largest travel corporations. Mr. Sontag had been listed for four years by Business Travel News as one of the industry's "25 Most Influential Executives."

About 800 Travel Systems

800 Travel Systems is a leading provider of a full range of travel related products and services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . We provide low-priced travel products and services through an integrated chat function allowing a travel specialist to assist in finding the best price and itinerary for our clients. Our products are sold through our leading live agent on-line reservation system located at http://www.lowairfare.com/ in addition to our easy to remember toll free numbers "800-LOW-AIR-FARE" (800-569-2473) and "800-FLY-4-LESS" (800-359-4537).

IRIS!(TM) is a trademark of e-Business Interactive Solutions, Inc. and is an acronym acronym: see abbreviation.


A word typically made up of the first letters of two or more words; for example, BASIC stands for "Beginners All purpose Symbolic Instruction Code.
 for Interactive Reservation Internet System.

Forward-looking and cautionary statements:

This press release contains statements which may constitute forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 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 the Company's 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. Those factors, risks, and uncertainties include:

-- Competitive factor and/or pricing pressures;

-- The Company's relationships with various airlines;

-- The Company's ability to identify, acquire and integrate other technologies or acquired companies;

-- Changes in business conditions affecting the Company's financial position or results of operations which significantly increase the Company's working capital needs;

-- Economic conditions impacting upon the success of the airline and industry generally;

-- Continued acceptance of the Company's products and services;

-- New products and technological changes;

-- General economic risks and uncertainties and other such risks as we may identify in this release or in other published documents;

and other factors as set forth from time to time in the Company's filings with the SEC including its recently filed form 10-QSB. The Company undertakes no obligation to publicly update or revise the forward-looking statements made in this press release to reflect events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact.
     2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or
 after the date of this press release or to reflect the occurrence of unanticipated events.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 23, 1999
Words:745
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