Budgethotels.com, Inc. Announces Signing of a New Contract With Labor Ready Inc.POINT ROBERTS Point Roberts, uninc. town (1990 pop. 750), Whatcom co., NW Wash., on the Strait of Georgia near the tip of the Point Roberts peninsula, extending south from British Columbia, Canada, and separated from the Washington mainland by Boundary Bay. , Wash.--(BUSINESS WIRE)--May 10, 1999-- Budgethotels.com, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: BUDH) 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. William J. Marshall is pleased to announce that the Company has signed an agreement to increase participation by Labor Ready Labor Ready, Inc., based in Tacoma, Washington, is the United States' largest provider of temporary manual labor to the construction industry, other light industry, and small businesses. Its shares are traded on the New York Stock Exchange under the ticker symbol LRW. Inc. on its Info Center Boards. This increase expands Labor Readys' listings from 24 cities (contracted in September 1999) to 30. The increase reflects both Labor Readys' satisfaction with the results produced by Info Center Board advertising and Labor Readys' own aggressive expansion plans. Labor Ready -- listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Exchange: LRW LRW Lifetime Real Women (cable channel) LRW Legal Research & Writing (law school course) LRW Liskov, Rivest, Wagner (encryption algorithm) LRW Laurentides -- is a leading provider of temporary workers for manual labor jobs. The company has grown rapidly from 17 dispatch offices in 1993 to 486 at December 1998. Labor Ready expects to open 200 new dispatch offices in the first half of 1999 and 200 more in the year 2000. "Our Info Center Boards are proving to be a valuable tool to facilitate and support Labor Readys' expansion plans," said Budgethotels.com, Inc.'s President and CEO William J. Marshall, "and the fact that our own expansion plans parallel theirs, is opportune for both our companies. We see the relationship as one that can increase our growth exponentially." Budgethotels.com, Inc. has experienced rapid growth of its own. In January 1998 they had 32 Advertising Boards in Greyhound/Amtrak locations. That number has now doubled to 64 locations. Greyhound has over 30 million riders and over 1,500 locations. The company's objective is to secure 400 locations across North America at an increase rate of 4 per month. As they install more Info Center Boards, advertising interest is expanding with the Company's national market exposure. Expansion into European and Australian markets are also currently under investigation. Bugethotels.com, Inc.'s website has been upgraded and is now in the Beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the stage. Budgethotels.com, Inc. is a growth Company, carving a leadership niche in the provision of innovative hotel reservation systems. Info Center Inc. (a division thereof) is also leading the way in expanding locations for board advertising for traveler services including hotels, motels, hostels, taxis, public transit and employment agencies. A recent report by Wall Street Research on the Company is available at http://www.wallstreetresearch.net Budgethotels.com, Inc. is listed on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. , symbol BUDH. For more information call 1-800-548-4432 |
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