SOURCE: YTB International, Inc.

July 18, 2005 08:30 ET

YTB International Hits Milestone With 15,000 Consumer Websites

Referral Travel Agents Grow by 76% Since January 2005

ENGLEWOOD CLIFFS, NJ -- (MARKET WIRE) -- July 18, 2005 -- YTB International, Inc. (OTC BB: YTBL), a leading provider of Internet-based travel services, announced today that it has increased Referral Travel Agents (RTAs) by 76% from January 1, 2005 to early-July 2005. YTB's rapid growth in the number of Referral Travel Agents in recent months has resulted in excess of 15,000 agents utilizing the company's licensed sites. Each agent pays the Company a monthly fee of $49.95 for the right to host a website that offers the Company's innovative travel services, in addition to an initial $350 start-up fee.

"YTB International continues to see strong growth in new RTAs joining the YTB network and also in RTA sales of travel products for both new and existing reps. YTB expects to continue expanding the number of YTB Marketing Leaders in the field and believes this will continue to support YTB's anticipated growth," said Scott Tomer, yourTravelBiz.com CEO. Recent additions to the company's top leadership group, the C.A.R. Program, include Charles Thompson, Kent McLaughlin and Roland Athouris.

"As our RTA network grows, these increased sales of travel-related services generate commission-based income for YTB and allow us to obtain even better contract deals with leading travel suppliers. Additionally, we believe the business has reached critical mass and with each new RTA added we will see increasing profitability," said Michael Brent, YTB International, Inc.'s CEO.

The Company plans to release financial results for the second quarter ended June 30, 2005, on August 10, 2005.

YTB Travel Network division provides support services for the over 15,000 RTAs who currently sell travel-related services. REZconnect Technologies develops online travel stores for full-service agencies, and through the Vacation Central brand operates a travel agent only portal site with over 6,500 travel agents plus 1,500 who have licensed consumer websites. REZconnect also operates several franchise systems and storefront locations throughout the USA. REZconnect also has an agreement with Wal-Mart Stores to operate franchise locations within their SuperCenters. Its latest online business model -- REZcity.com -- just completed its third year and was rated as one of the top 500 franchise companies from Entrepreneur Magazine survey, January 2005 issue. YourTravelBiz.com is the marketing division, selling an on-line travel business through a network of independent distributors nationally.

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

Contact Information

  • Contact:
    Ms. Betty Krystyniak
    YTB International, Inc.
    201-567-8500 ext. 23