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Best Rate Travel, Inc. Signs Strategic Alliance with Coast Resource Development, Inc.


BOCA RATON, Fla. -- Best Rate Travel, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:BTVL BTVL Bharti Televentures Ltd ) via Best Rate Holdings, an Operational company, entered into a strategic alliance with Coast Resource Developments, Inc. (CRD CRD

See Central Registration Depository (CRD).
), a commercial real estate developer.

In this strategic alliance, Best Rate Travel Inc. (OTC:BTVL) will have the ability to capitalize on CRD's extensive experience as well as its partners' expertise in the design, construction and marketing of resort residential properties, commercial projects, residential sites, assisted living as·sist·ed living
n.
A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication.
 and multi-family (student housing) programs, and car rental facilities.

"The type of relationships we are currently making will enable us to venture into the commercial and residential markets with confidence as our strategic and joint venture partners have decades of experience," stated Mr. Stone, 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.  of Best Rate Travel, Inc.

Mr. Stone added, "As part of the strategic alliance both Best Rate Travel and CRD will be able to assist each other in our respective areas of expertise."

On Tuesday, January 16, 2007 Best Rate Travel announced it had entered into a joint venture with National Home Building and Remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure.

bone remodeling
 Corp. to create International Builders Incorporated to construct its vacation homes and luxury quarter shares.

On Wednesday, December 27, 2006 Best Rate Travel announced its signing of a Letter of Intent to acquire 105 Riverside LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, including all associated real estate assets, to build a $35 Million boutique resort in prestigious Pompano Beach, which won the 2005 All American City All American City can refer to:
  • All-America City Award, a designation from the National Civic League
  • All American City (song), a 1996 single by Brutal Juice
 Award. The resort is scheduled to open October 2008.

Best Rate has already established functional support subsidiaries and operational companies to concentrate on delivering specific aspects of the Company's hospitality services and wireless customer service support:

CHL CHL crown-heel length.  Technologies, Inc., a wireless broadband mobile content provider that delivers to smart phones entertainment and ecommerce information in China.

RF Tune, Inc., a fabless radio frequency integrated circuit manufacturing company offering wireless system, chip design, and integrated circuits for the 802.11/Wi-Fi and WiMax market.

Best Rate USA Car Rental currently serves the US, Barbados and Jamaican markets with 2007 expansion plans.

Best Rate Hotels, an operational company, a hotel management company.

Safe Harbor

This report contains forward-looking statements, which involve risks and uncertainties - including, but not limited to, risks associated with changes in general economic/business conditions, actions of competitors, the extent to which the company is able to develop new services and markets for its services, and/or changes in its business strategies - that may cause actual results to differ materially from those set forth in these forward-looking statements. For further details concerning these risks and uncertainties, please request additional information directly from the company featured above or obtain SEC filings of the company including its most recent annual and quarterly financials.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 24, 2007
Words:446
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