DUBLIN, Ireland and MORRISTOWN, N.J., May 29 /PRNewswire-FirstCall/ -- Pursuant to the recent news on the developing partnership agreement between IntelliFares, Ltd., a wholly owned subsidiary of Crystal International Travel Group, Inc. (OTC:CINT) (BULLETIN BOARD: CINT) and Mexicana Airlines, Fabrizzio P. Busso-Campana, CEO and President of Crystal and Peter Dugan, Managing Director of IntelliFares are pleased to release the following key planning metrics for the IntelliFares(TM) product in development. IntelliFares(TM) is a way for Predictable Pattern Travelers (PPT's) to lock in 5 years worth of air ticket costs at a fixed price approximately 10% below legacy carrier prevailing published fares, depending on city pairs and travel dates. As their cost never goes up for the airfare due to IntelliFares absorbing any price increases, consumers stand to enjoy 25% to 30% savings over the life of the contract. IntelliFares can maintain the selling price over time through a combination of forward price concessions and sound money management through its fiduciary partner UBS. "Air ticket price volatility is one of the biggest concerns for today's travelers when planning trips. IntelliFares(TM) was created to directly address this concern," stated Busso- Campana. "We have selected the timeshare owner market as our first target since their travel patterns are predictable, and they are of the mindset and purchase behavior to lock in future access and cost of a vacation as they have demonstrated with their timeshare purchase," stated Dugan. In quantitative market research conducted by an Insight Express for the company, purchase intent scores are in the 50% range, "which leads us to believe we may have a substantial product here," Dugan continued. Key metrics for the timeshare industry are as follows: 1) Out of the over 7 million timeshare weeks owned in the US, Mexico and the Caribbean, 5.7 million weeks were used by US citizens last year, and each week was visited by an average travel party of 3.8 persons, according to American Resort Development Association (ARDA) and PricewaterhouseCoopers ["Economic Impact of the Timeshare Industry on the US Economy," 2006]. 2) Sources vary on the number of units owned in our prime markets, Hawaii, Mexico, Canada and the Caribbean (places which require about 3 or more hours of air travel), yet a review of data presented by ARDA, the Hawaiian Tourism Authority and a report on the Caribbean by KPMG, suggest that these four markets alone encompass well over 2 million units. 3) Currently, our average IntelliFares price to these markets for 5 years of airfare is $1,687 or $337 per year, and that generates an operating margin we estimate in the range of 4 to 5%. Taken as a whole, our target of 2MM units times 3.8 travelers represents about 7.6 million air tickets purchased at roughly $2.5Billion in total. Our five-year program therefore has a market purchasing potential of about $12.5 Billion. While we cannot predict the adoption rate of IntelliFares by the travel community, given the obvious savings to the consumer, and potential savings to Airlines we estimate should come from more predictable sales and reduced customer acquisition costs we believe it will be robust. (The public is cautioned here to note these are planning assumptions only and should not be considered guidance.) "In addition, the travel agent and distribution community will be entitled to up to 5% revenue share on the program, which is estimated to be in the tens of millions over time given the above market dynamics and assumptions," stated Robert H. Troni, air industry veteran and recently hired President of IntelliFares Limited. He continued, "This is a very sizeable travel market, with ARDAs information that timeshare travelers contributed over $10Billion to local economies after the cost of travel and the unit itself. We are pleased to be in a position to access the potential of this market." About IntelliFares(TM) IntelliFares is a unique, travel product where Predictable Pattern Travelers (Timeshare and vacation homeowners, recurring cruisers, college students) can purchase "five years of travel at less than today's price." The patent pending process integrates forward and bulk purchasing disciplines with financial management methodology in partnership with UBS in order to lock in a price for the consumer over a five-year time horizon. It also provides a revenue share for distributors, reversing the decline in commissions available to the airline ticket distribution community. Details can be found at http://www.intellifares.com/. Safe Harbor Statement This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the views of Crystal International Travel Group, Inc. s (the "Company") management regarding current expectations and projections pertaining to future events and are based on currently available information. The statements involve a number of risks and uncertainties, including the Company's ability to generate sufficient sales for IntelliFares and validate the market potential represented by the timeshare industry, the completion of its distribution network and other factors described in the Company's respective filings with the Securities and Exchange Commission. Other unknown or unpredictable factors also may have material adverse effects on Crystal's business, financial conditions and results of operations. Accordingly, readers should not place undue reliance on these forward-looking statements. The use of words such as anticipates, estimates, expects, is in process, intends, plans and believes, among others, generally identify forward-looking statements; however, these words are not the exclusive means of identifying such statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements and are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. The Company is not under any obligation and does not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise, even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. DATASOURCE: Crystal International Travel Group, Inc. CONTACT: Fabrizzio P. Busso-Campana of Crystal International Travel Group, Inc., +1-973-644-0900, Fax, +1-973-695-1662, or Web site: http://crystalitg.com/ http://www.intellifares.com/

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