Tickers: XTSX:ZMA, PINX:ZMWYF
VANCOUVER, BC / TheNewswire / November 23, 2017 – ZoomAway Travel Inc. (TSXV: ZMA) (the "Company") www.zoomawaytravel.com is pleased to announce that its wholly owned Nevada subsidiary, Zoomaway Inc. Is in the development stage of issuing operating licenses for its’ proprietary Hospitality based software. The licenses will be issued to qualified individuals and businesses in select targeted markets. This will create recurring revenue and will reduce the company’s overhead. Currently, management is in negotiations with several interested entrepreneurs in larger markets such as Las Vegas, Vancouver and Florida.
As part of the company’s overall BlockChain, retro-fit strategy, work has begun on upgrades to the existing proprietary White Label (bundling software) and RMS (Registration Management System) that will enhance the licensing to a wide variety of future users. From hotels, to resorts, travel agencies or entrepreneurs in a new market, the system changes will allow virtually anyone to bundle rooms and activities for individual travelers or for large groups.
The company plans various pricing models but will have varying tiers available including exclusivity in certain markets. The licensing model will allow our new partners to capture their own revenues and create their own relationships in their markets of choice. The company anticipates first quarter earnings from these licensing agreements.
"The company’s future lays in its technology and the creation of new recurring revenue streams. Our time and labor are better spent delivering new tech and less on operating like a traditional travel company. We have the ability to provide virtually anyone the tools they need to handle their own business in their own backyard. While we can and will continue to provide outsource services to select clientele, we believe that rapid growth and expansion can be achieved via this model. Plain and simple, we have tools that no one else does under one roof and people are asking to use them." Stated Sean Schaeffer, CEO of ZoomAway Travel Inc.
About Zoomaway Travel Inc.
ZoomAway Travel Inc. (TSXV:ZMA) has two wholly owned subsidiary companies, Zoomaway Inc. and Travel Game Block Chain Inc.
ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts and activity providers with a seamless, scalable and fully integrated Technology Platform that allows for the discounted packaging of lodging, ski, golf, activities and attractions. It seamlessly integrates into client websites, providing their customers with a real time one stop shop for all of their travel and recreation needs. Additional information about ZoomAway Inc. can be found at www.zoomawaytravelinc.com.
Travel Game Block Chain Inc. (Candian Co.) is our new company dedicated to housing new projects in the Digital Games and Block Chain formats. More information about this new venture including a new website will be available soon.
For additional information contact:
Sean Schaeffer, CEO, ZoomAway Travel Inc: 775-691-8860 email@example.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This release includes certain statements that may be deemed "forward-looking statements. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
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