SOURCE: Connect-A-Jet.com, Inc.

October 16, 2007 11:22 ET

Connect-A-Jet (CAJT) Prepares to File Form 15c2-11 to Re-Instate Quoting on CAJT Stock

AUSTIN, TX--(Marketwire - October 16, 2007) - Connect-A-Jet.com, Inc. (PINKSHEETS: CAJT), an online innovator of private jet travel and charter, announced today that it is preparing to file a Form 15c2-11 to re-instate the quoting on CAJT stock.

About Rule 15c2-11:

Market makers must complete a form 15c2-11 to initiate or resume quotations in the OTC Bulletin Board Service, the NQB "Pink Sheets," or any other comparable quotation medium. By completing a 15c2-11 form, a market maker is representing that it has satisfied all applicable requirements of Securities and Exchange Commission (SEC) Rule 15c2-11 and the filing and information requirements of NASD Rule 6640 for a specific company.

"We are presently working with our securities counsel to prepare and file the described Form 15c2-11 in an expeditious manner to re-instate quoting of our organization's stock. We foresee this process to take no longer than 72 hours to complete and subsequently become filed. Once filed, it is at the discretion of the NASD to expedite the filing to become effective. We would like to thank our shareholders for their patience and support during this unforeseen obstacle and ensure that we will continue to take necessary steps to protect the future of our organization and its shareholders," stated Martin Cantu, CEO of Connect-A-Jet.com, Inc.

As previously released, CAJT's operations remain in full effect and will continue to receive flight requests as well as coordinate chartered flights throughout the U.S., as well as internationally.

Updates will be provided to the general public and its shareholders upon the completion of the Form 15c2-11 and its filing.

ABOUT CONNECT-A-JET

For the first time in aviation history, CAJT intends to unite existing worldwide charter operators in the United States to operate under one efficient, real-time, online booking system. Customers across the globe will be able to book charter on every private aircraft in flight which meets their particular travel criteria. CAJT will also coordinate all ground transportation, in-flight catering, and will provide real-time flight tracking 24 hours for passengers' convenience.

To learn more about Connect-A-Jet or book a charter flight, please visit: www.connectajet.com.

Disclaimer:

CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook. The real-time booking system described in this press release has not been implemented to the CAJT website at the time of writing. It is the intention of CAJT to implement this technology at its earliest possible opportunity based upon successful testing.

Contact Information

  • Contact:
    Connect-A-Jet.com
    Investor Relations:
    David Donlin
    407-475-9966