ENGLEWOOD CLIFFS, NJ--(MARKET WIRE)--May 10, 2005 -- YTB International, Inc. (OTC BB:YTBL.OB ), a leading provider of Internet-based travel services, announced today that it has received Carnival Cruise Lines' highest award, the Pinnacle Award, for Production and Outstanding Partnership. Carnival Cruise Lines is one of twelve brands operated by Carnival Corporation. PLC is the largest cruise vacation group in the world. The Pinnacle Award, which was presented to fewer than 175 travel agencies in the US and Canada, recognized YTB for strong growth in booking Carnival, and related promotional activities to its travel agents.
YTB just completed its first regional travel trade show in Orlando, Florida, where almost 1,000 travel associates were in attendance. At this event, 28 preferred travel vendors provided product information and travel training to the RTAs. Due to success of the event, YTB Travel Network is planning to schedule additional tradeshows in other locations in the coming months.
Ann Sedgwick, Business Development Director for Carnival Cruise Lines, stated, "Due to YTB's rapid growth and sales production, we are pleased to recognize it with this award. We appreciate the relationship we have with YTB Travel & Cruises and look forward to continued growth and partnership in the future."
"This award represents recognition for the Company's significant achievements in a relatively short period of time," said Kim Sorensen, YTB Travel Network's CEO. "The combination of REZconnect's technology and Internet services along with YTB's growing network of Referring Travel Agents is rapidly making us an important originator of travel services for companies like Carnival. We look forward to building on the relationship in the years to come."
YTB International, Inc. is engaged in referral marketing and travel through three divisions. YourTravelBiz.com is the marketing division, selling an online travel business through a nationwide network of independent distributors nationally. The YTB Travel Network division provides support services for the nearly 12,000 Referring Travel Agents (RTAs) who sell travel-related services. REZconnect Technologies develops online travel stores for full service agencies and hosts over 6,500 locations, of which 1,500 license consumer sites. 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.
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.