SOURCE: Franchise Management International, Inc.

December 05, 2006 12:07 ET

Franchise Management International Announces Additional Licenses, Trademarks, and Assets Involved in Pending Netadventures, Inc. Acquisition

BRICK, NJ -- (MARKET WIRE) -- December 5, 2006 --Franchise Management International, Inc. (PINKSHEETS: FMII), a premier provider of public charter and transportation services, today announced additional licenses and trademarks acquired in its binding pending letter of intent with Netadventures, Inc.

In addition to the GayTravel.Com web property, which saw over 26,000,000 hits from statistics available between 2003-2004, Franchise Management International has also negotiated the rights and domain registrations to the following additional sites:

www.gaytravel.net
www.gay-travel.com
www.gay.travel
www.gay-travel.net
www.1-800-gay-travel.com
www.800-gaytravel.com
www.gaivoyage.com
www.gaycorsa.com
www.gaytraveler.com
www.gaycurso.com
www.netadventuresinc.com
If the acquisition is consummated, Franchise Management would also control US Trademark Reg No. 2,034,655 for the mark 'Gay-Travel' ("the Licensed Mark") as well as the rights and operations of the following toll-free telephone numbers:
1-800-Gay-Travel
1-888-Gay-Travel
1-877-Gay-Travel
1-866-Gay-Travel
The company is extremely excited about the revenue possibilities these assets, licenses, and trademarks represent, and believe that utilizing them under its 2007 business plan will result in significant shareholder value.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact Information

  • Contact

    Franchise Management International, Inc.
    Sid Reich
    732-920-8355