FORT LAUDERDALE, FL – APRIL 9, 2008- Addressing the Annual General Meeting of The Travel Partnership Corporation, Tralliance President and CEO, Edward A. Cespedes, reported significant progress with the .travel Registry and its effects on the global travel industry.
The Travel Partnership Corporation was created to promote the addition of the top level domain known as .travel to the Internet. As a component of the Travel Partnership Corporation’s yearly calendar, the association members gathered in New York City for a general meeting to discuss the state of .travel regarding its role to the travel community, progress, adoption of policy changes, and how .travel will participate in the future of the travel and tourism industry.
The highlight of the agenda was the presentation of President and CEO of Tralliance Corporation, Edward A. Cespedes. With vast experience in both finance and technology, Cespedes brought a tremendous amount of perspective on how to take advantage of this unique technological innovation as well as how to mold where .travel will be in the future.
Cespedes announced, “Tralliance has witnessed a significant growth in .travel domain name sales. The renewed interest in the travel and tourism domain is a reflection of the understood value of .travel.”
“We are pleased to have the opportunity to support this innovative movement for and by the travel and tourism industry,” commented Birger Backman, Chairman of The Travel Partnership Corporation, “I am honored to have been re-elected as the Chairman of the TTPC, where I feel that we are creating the Travel 2.0, the newest tool for the travel industry. .travel will play a significant role in the future of travel and tourism.”
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About Tralliance Corporation
Tralliance Corporation is a wholly-owned subsidiary of theglobe.com (otcbb:tglo) that, as the .travel Registry, develops products and services to promote the efficiencies and convenience of e-commerce for travel and tourism companies on the Internet. Designed to serve the global travel and tourism community, the major aims of the .travel sponsored Top Level Domain (sTLD) are improved Internet identity, creation of advanced distribution channels, and the establishment of a strong trust factor between the industry and its customers. For more information visit, www.tralliance.travel, or www.travel.travel.
This press release includes forward-looking statements related to theglobe.com, inc. and its subsidiary, Tralliance Corporation, that involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to product delivery, product launch dates, risks relating to the Internet, development and protection of technology, the availability of financing or other capital to fund its plans and operations, the management of growth, market acceptance of our products, our ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation (particularly as it pertains to the Internet), and other risks. These forward-looking statements are made in reliance on the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. For further information about these and other factors that could affect theglobe.com’s future results and business plans, please see the Company’s filings with the Securities and Exchange Commission, including in particular our Annual Report on Form 10-K for the year ended December 31, 2007. Copies of these filings are available online at http://www.sec.gov. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially and adversely from management expectations.