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EZTO news! wohoo EZ2 Companies Announces Letter of Intent to Purchase JET99 [DWVGKMC]



Business Editors/Technology Writers/Travel Writers

MIAMI--(BUSINESS WIRE)--Feb. 14, 2005--EZ2 Companies, Inc. (OTCBB:EZTO), announces that it has entered into a letter of intent to purchase JET99, http://www.jet99.com, subject to due diligence and an audit of JET99's financial records. JET99 is a traveler membership rewards provider, with a vast customer base of both travelers and travel agents. Its focus is on acquiring members and rewarding those members for purchasing travel and travel related services, and for referring additional members to their network." JET99's rewards program, tied to its subscribed customer base, will add a whole new element to ez2vacation.com, EZ2 Companies' online travel and vacation site," stated Otto Bethlen CEO of EZ2 Companies. The company used restricted shares for the purchase.
JET99's CEO Damon Westmoral states: "By joining ez2vacation.com with JET99, the company will create the necessary synergy for a very promising 2005. Not only does JET99 bring the benefits of its membership rewards program and its network of partners, but also a steady stream of revenues, since it already has a large base of subscribed members."
In 2004 JET99 grossed over $1,200,000 in subscription fees alone, with projections to increase that number in 2005. Additional revenues will be generated through their world concierge services and travel sales. The world concierge service is a unique concept in the travel industry, allowing JET99 members to immediately receive 'live' support in nearly every spoken language, 24 hours a day.

EZ2 Companies, Inc.

EZ2 Companies, Inc. is a provider of Internet based services to its clients, ranging from dating and relationship services, rental services, internet search and national mortgage services. The Company operates several Internet portals: EZ2Rent.com, EZ2Ask.com, EZ2Date.com, EZ2Mortgage.com, EZ2Movies.com and EZ2Vacation.com. The offerings are focused on building traffic and allowing targeted permission based, opt-in email solicitation to users to co-brand products.

Forward-Looking Statements

This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statement include our ability to continue to lower our costs, our timely development and customers' acceptance of our Internet products and services, increased competition, our ability to attract and retain qualified personnel, our ability to identify and successfully consummate future acquisitions; adverse changes in customer requirements, adverse changes in general economic conditions in the U.S. and internationally, risks associated with foreign operations and political and economic uncertainties associated with current world events. These and other risks are detailed from time to time in EZ2Companies, Inc. periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its report on Form 10-KSB for its fiscal year ended December 31, 2003.

--30--JD/mi*

CONTACT: EZ2 Companies, Inc., Miami
Otto Bethlen, 305-577-5990

KEYWORD: FLORIDA NEW YORK
INDUSTRY KEYWORD: TRAVEL SOFTWARE INTERNET E-COMMERCE MERGERS/ACQ
SOURCE: EZ2 Companies, Inc.

Copyright Business Wire 2005

14Feb05 17:39 GMT
Symbols: us;EZTO
Source BW Business Wire
Categories: MST/I/NET MST/I/RCS MST/I/SOF MST/L/EN MST/R/US/FL MST/R/US/NY MST/S/MRG TGT/BWN