Budgethotels.com, Inc. Retracts Press Release Regarding Cendant Corporation 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)--Sept. 13, 1999-- Due to a misunderstanding, last Friday's press release regarding a 3 month test with Info Center Inc. (a division of Budgethotels.com, Inc.) and Cendant Cendant Corporation was a New York-based provider of business and consumer services, primarily within the real estate and travel industries. Although the company was based out of New York City, the majority of Cendant's headquarters employees were located in Parsippany-Troy Hills, Corporation has been terminated. Difficulties arose between Cendant Corporation Inc. and Budgethotels.com, Inc. over the wording and exact nature of the suggested relationship and expectations thereof. 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 (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BUDH). Certain information included in this communication (as well as information included in oral statements or other written statements) made, or to be made by Budgethotel.com, Inc. may contain statements that are forward looking. Statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future anticipated direction of the internet industry, plans for future expansion, various business developments, activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. For more information call: 1-800-548-4432 |
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