Flightserv Appoints President of SunTrips and Vacation Express.ATLANTA--(BUSINESS WIRE)--Jan. 8, 2004 Flightserv, Inc., a wholly-owned subsidiary of RCG RCG Responsible Conduct of Gambling RCG Revolutionary Communist Group (Northern Ireland) RCG Raiffeisen Central Genossenschaft (German: Raiffeisen Cooperative) RCG Race, Class and Gender Companies Incorporated (Amex: RCG) appointed Mr. Carlisle Vason as President of SunTrips, headquartered in San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , CA, and Vacation Express Vacation Express is a charter airline that operates flights throughout the United States, Mexico, and the Caribbean. , headquartered in Atlanta, GA, as of November 2003. "We are fortunate to have a highly skilled and accomplished individual like Mr. Vason join Flightserv's management team," said Michael Pruitt, 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. of RCG. "With over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of industry experience, he will be an invaluable asset in running the day-to-day operations of Vacation Express and SunTrips," Mr. Pruitt added. Mr. Vason, in accepting the appointment, said, "Being involved with Vacation Express and SunTrips, which have produced over $200 million in annual revenue, is an extremely exciting opportunity. I am looking forward leading both of these companies into the future." Mr. Vason most recently was the acting President of Air Jamaica Vacations, where he was responsible for the daily operation and administration of the business. Prior to his four years working at Air Jamaica Vacations, Mr. Vason spent approximately eight years at World Technology Systems, which provided scheduled and charter airline travel packages, as well as outsource marketing, customer service, and reservation services. At World Technology Systems, he served as VP - General Manager and was responsible for all facets of the operation, which consisted of approximately 300 customer service representatives in nine locations. Prior to joining World Technology Systems, Mr. Vason spent ten years working in various operational, sales, and marketing positions in the travel and leisure industry. More information on RCG's travel services business can be found at www.flightserv.com, www.suntrips.com, and www.vacationexpress.com. About RCG Companies Incorporated (RCG) RCG Companies Incorporated is listed on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. and trades under the symbol RCG. RCG is focused on delivering to shareholders rapidly growing, relatively low risk revenues, along with steadily increasing profitability. The majority of RCG's revenues are derived from a wholly-owned travel service organization, Flightserv, which delivers leisure and vacation travel packages under the SunTrips and Vacation Express brands. RCG is also involved in the technology services sector, through its wholly-owned software and IT services division, Logisoft Corp., and as an investor in a home technology services company, Lifestyle Innovations, Inc., which is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : LFSI LFSI Leeds Financial Services Initiative (UK) ). More information is available on RCG at www.rcgcompanies.com. For investor information, contact investor relations Investor relations The process by which the corporation communicates with its investors. at 704-366-5054 ext. 27 or info@rcgcompanies.com. About Flightserv, Inc. Flightserv, Inc. ("Flightserv") is a wholly-owned subsidiary of RCG. Flightserv markets leisure travel packages under the Vacation Express(TM) and SunTrips(TM) brands. Flightserv's management team has an extensive background in domestic and international air services. For more information or to book a flight on line, visit us at www.flightserv.com or call us at 770-986-9791. Statements in this news release about anticipated or expected future revenue or growth or expressions of future goals or objectives, including statements regarding whether current plans to grow and strengthen the company's existing network will be implemented or accomplished, are forward- looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All 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. in this release are based upon information available to the Company on the date of this release. Any forward-looking statements involve risks and uncertainties, including the risk that the Company will be unable to grow or strengthen its network due to a lack of capital or an inability to identify acquisition candidates, as well as those risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements |
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