IXATA.COM -- Internet eXpress Advanced Technologies and Automation -- Makes History In Travel Industry.SAN DIEGO--(BUSINESS WIRE)--July 23, 1999-- SecurFone America Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:SFAI SFAI San Francisco Art Institute SFAI State Fiscal Analysis Initiative ) announced that its Internet-based e-commerce subsidiary, IXATA.COM Inc. (I-zay-ta), and Rosenbluth International, the largest privately held provider of travel services worldwide, officially launched its consortia effort on July 13, 1999, with RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system. 1. (business) RFP - Request for Proposal. 2. Express(SM). This consortia effort marks the first time in history that a travel management company has used the National Business Travel Association (NBTA NBTA National Business Travel Association NBTA National Board of Trial Advocacy NBTA New Brunswick Teachers Association NBTA National Baton Twirling Association NBTA National Basketball Trainers Association NBTA National Bus Traffic Association ) standardized field format to solicit information for the program. The effort is intended to simplify the RFP response process for responding hotels and motels and to significantly reduce the costs to create such programs. IXATA.COM (an acronym for Internet eXpress Advanced Technologies and Automation) is positioned to address the needs of the $250 billion corporate travel market, and is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of SecurFone America. "IXATA.COM's expanding client base, including recent sign-ons such as Rosenbluth International, Sears & Roebuck, Proctor & Gamble, Church of Latter Day Saints This is a list of Latter Day Saints who have attained at least some level of fame and/or success. This list includes adherents of The Church of Jesus Christ of Latter-day Saints (LDS), as well as adherents of related denominations (as labeled). , Adams Mark Hotels, Merrill Lynch and others in recent weeks, demonstrates strong market acceptance and confirms that leading-edge, major travel industry players are recognizing the ability of RFP Express(SM) to meet their needs and deliver real value," noted Paul B. Silverman, chief executive officer of SecurFone America. RFP Express(SM) provides new capabilities and dramatic cost savings to users, typically 70 percent or more compared with costs for manual processes. SecurFone America is a telecommunications company now addressing opportunities in the electronic commerce and Internet markets. Founded in 1996, SecurFone is an OTC BB stock and trades under the symbol SFAI. The company is based in San Diego. Statements made in this news release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made based on management's belief as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors. |
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