LIBBY, Mont., Oct. 27, 2003 (PRIMEZONE) -- Treasury International, Inc. (OTCBB:TRUY) (Treasury) announced Raceaway Hospitality, Inc.'s 2004 schedule of events. Raceaway Hospitality Inc., a wholly owned subsidiary, packages travel and hospitality services surrounding major sporting events throughout the United States. Most of these packages are centered on the growing motor sports industry. RaceAway Hospitality's services include ticketing, hotel arrangements, transportation, pit passes, a concierge staff and corporate hospitality chalets based on speedway grounds. The 15 events increase Raceaway Hospitality's 2004 schedule by 5 over 2003. Due to overwhelming response in 2003, Raceaway Hospitality has expanded its offering capacity at several events in 2004 to accommodate more customers. The company anticipates a greater customer per event count in 2004.
RaceAway Hospitality has scheduled hospitality and event-related services for the following events in 2004. Limited space is available for the first six events through the Coca Cola 600 in Charlotte, NC. RaceAway Hospitality NASCAR tours and race packages provide superior customer service. NASCAR tours are perfect for family and corporate hospitality. RaceAway Hospitality is on the Internet at www.RaceAwayHospitality.com. The website is fully transactional, allowing customers to browse and purchase sports hospitality packages online. Contact Justin Macy of RaceAway Hospitality, +1-877-210-5629 for booking and event-related service information.
02/15/2004 Daytona 500 Daytona, Florida 03/07/2004 UAW-DaimlerChrysler 400 Las Vegas, Nevada 03/28/2004 Food City 500 Bristol, Tennessee 04/25/2004 Aaron's 499 Talladega, Alabama 05/15/2004 Pontiac Performance 400 Richmond, Virginia 05/30/2004 Coca-Cola 600 Charlotte, North Carolina 07/03/2004 Pepsi 400 Daytona, Florida 08/08/2004 Brickyard 400 Indianapolis, Indiana 08/28/2004 Sharpie 500 Bristol, Tennessee 09/11/2004 Chevy Monte Carlo 400 Richmond, Virginia 10/03/2004 EA SPORTS 500 Talladega, Alabama 10/10/2004 Banquet 400 presented by ConAgra Foods Kansas City, Kansas 10/16/2004 UAW-GM Quality 500 Charlotte, North Carolina 11/07/2004 Checker Auto Parts 500 Phoenix, Arizona 11/21/2004 Ford 400 Miami, Florida
Treasury's operations include Retailport.com, Inc., a wholly owned subsidiary. It provides development and delivery of Internet-based solutions to address critical and often complex business and technology needs for their clients. Services offered by Retailport.com include creative designs, custom development, hosting for web-based applications, secure payment processing gateway, set-up, training and support of client of proprietary software assets and activities known as the Active Business Solutions, which includes ActiveRMS and ActiveCommerce. Active Business Solutions is an Internet based Enterprise Management and E-Commerce package that facilitates the selling of products and the sharing of critical information between employees, trading partners and customers. Retailport.com's solutions have empowered organizations with the ability to sell online and receive memberships through real time online registration and payment processing.
Treasury recently announced the acquisition of The Auction Agent (http://www.theauctionagent.com/). The Auction Agent is a Florida-based developer of auction management software and services. Auction Agent Services allows a traditional business to achieve higher yields, reduce excess inventory levels, and obtain easy access to the millions of customers on eBay. Auction Agent's eBay certified software automates and simplifies all tasks associated with listing and maintaining eBay auctions for large quantity sellers. The Auction Agent adds its own new vertical market to Treasury's portfolio of business while enhancing the services offered by Retailport.com. See Treasury's website at http://www.treasuryinternational.us for more complete information on these and other subsidiaries.
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Certain statements contained herein may be forward-looking in nature and are therefore subject to risks and uncertainties that could cause actual results to differ materially. The Company's recent acquisition history, progress toward completing the integration of its acquisitions, history of operating losses, current expense levels compared with its sales, and the state of development of its product portfolio, coupled with the overall economic and competitive operating environments pose a number of risks investors should take into consideration in connection with assessing our financial and operating results. A more detailed discussion of these and other important risk factors can be found in the documents filed with the Securities and Exchange Commission on forms 10-K and 10-Q.