Press ReleaseSource: Crystal International Travel Group

Crystal International Travel Group Release Select Financial Information and Announce Intellifares Public Distribution Agreement With PurchaseIFares
Tuesday September 9, 2008 8:53 am ET

MORRISTOWN, NJ--(MARKET WIRE)--Sep 9, 2008 -- Crystal International Travel Group (Other OTC:CINT.PK - News) CEO Peter Gallic released current share information. "As of September 2nd, 2008, there were 215,660,159 shares issued and outstanding. Of this amount, 104,476,333 shares are held by management and directors."

Gallic also announced today Intellifares Ltd., a division of Crystal International Travel Group, has renewed a distribution agreement with PurchaseIfares. PurchaseIfares signed a contract last year to distribute the Intellifares product to travel agents and pre-paid travel clients. Due to complications involving domestic security and allocation of airfare to third party contractors, impediments were encountered to a wide distribution of the Intellifares product within the travel industry. The renewing of the agreement includes a provision to allow PurchaseIfares to sell the Intellifares product directly to the public, a sales channel that was not previously available.

"This solves a barrier to delivery of the Intellifares product we encountered last year," Gallic said.

PurchaseIfares will make Intellifares available to the public starting November 1st with pre-registration starting October 15th. According to the agreement PurchaseIFares will make two payment options available to the public. The first option will offer a 5% discount on the Intellifare with payment in full and the second payment option will offer 30 equal payments to be billed monthly after the initial 20% down payment.

PurchaseIFares will make Intellifares available on their website: www.PurchaseIFares.com


Contact:
     Contact:
     Dan Gallic
     (908) 507-0156
      
     Intellifares Ltd.
     2160 Headquarters Plaza
     Morristown, NJ 07960
     (866) 663-1808
      

Source: Crystal International Travel Group


Mail to Friend Email Story
Alerts Set News Alert
Printer
Version  Print Story 


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Marketwire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.