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YTB Intl Press Releases > YTB International's Momentum Continues With 10% Sequential Monthly Increase in Referring Agents
YTB International's Momentum Continues With 10% Sequential Monthly Increase in Referring Agents
Company Surpasses 13,600 Agents, the Highest in Its History
Jun 10, 2005 --
ENGLEWOOD CLIFFS, NJ--(MARKET WIRE)--Jun 10, 2005 -- YTB International, Inc. (OTC BB:YTBL.OB ), a leading provider of Internet-based travel services, announced today that it has surpassed 13,600 active Referring Travel Agents (RTAs), the highest number in its history. Each RTA pays the Company a monthly fee of $49.95 for their personalized on-line travel agency.

"Our rapid growth in the number of travel agents wanting to sell services using our unique business model is unprecedented," said Scott Tomer, yourTravelBiz.com CEO. "Under our model, the Agent receives attractive compensation and is able to provide its customer with a low-cost travel alternative. It is because YTB, the Agent, and the customer all share in the benefits -- that the Company is positioned to rapidly grow revenue and earnings throughout the course of the year."

YTB International, Inc. is engaged in referral marketing and travel through three divisions. YTB Travel Network division provides support services for the 13,000 plus Referring Travel Agents 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 in a survey by Entrepreneur Magazine, 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.