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Crystal International Signs Letter of Intent with ResortCom International
Aug 22nd, 2007
 

Monday August 20, 10:57 am ET

DUBLIN, Ireland & MORRISTOWN, N.J.--(BUSINESS WIRE)--Crystal International Travel Group (OTCBB:CINT - News) and its Irish subsidiary, IntelliFares(TM) Ltd., announced today that ResortCom International has agreed to be a Development Partner.
Through the execution of a Letter of Intent outlining an exclusive development contract signed August 8, 2007, ResortCom, of San Diego, CA, has agreed to work with IntelliFares(TM) LTD over the next sixty days to develop a definitive contract regarding its future role as a distributor of the IntelliFares(TM) and I-Fares(TM) brands. Additionally the stipulated contract will include exclusivity clauses, co-marketing, joint-ventures in new product development and other business activities.
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