Oriens' Re-Launch of FROL & PURE Brand Is Given New Life in Merger/Acquisition
February 20 2014 - 8:47AM
Marketwired
Oriens' Re-Launch of FROL & PURE Brand Is Given New Life in
Merger/Acquisition
New Booking Engine and PURE Brand to Receive Revenue Kick Start
From Hundley Associates Deal
LAS VEGAS, NV--(Marketwired - Feb 20, 2014) - Oriens
Travel & Hotel Management Corp. (PINKSHEETS: OTHM), the Next
Generation International Hotel Brand Operator, operating its Hotel
PURE brand, announced today that efforts to re-launch the FROL
(Friendly Reservations Online) booking engine and repositioning of
the PURE brand, will be greeted with immediate revenue sources and
branding opportunities that stem from the pending Hundley
Associates merger/acquisition.
The upgraded online booking engine technology and marketing
solution, is anticipated to provide an economic and extremely
competitive internet hotel reservation system to boutique property
owners throughout Jaco Beach.
Ken Chua, President of Oriens Travel & Hotel Management,
stated, "With Hundley Associates significant presence in Jaco, we
believe that the immersion and acceptance of our FROL as an
internet booking standard, will quickly spread throughout the
nation, as Hundley Associates' principals have property interests
throughout the country."
Management suggests that the upcoming merger/acquisition may
result in the PURE brand being attached to Oriens' first owned and
managed property [via merger/acquisition]. This is a major
evolution in the company's history as "it marks the beginning of
immediate and sustained growth," said Mr. Chua.
Mr. Chua concluded, "Re-launching the FROL and repositioning the
PURE brand through this merger/acquisition will result in immediate
revenues -- with incredible growth opportunity. Our refocused
business model, guided by a strengthened management team with
millions of dollars in assets, revenues and investment capital,
becomes the perfect formula for a successful re-launch and growth
of shareholder value. We are confident this will become
evident in both the audit and formal valuations of the Company,
brand, hard assets and technology."
About Oriens Travel & Hotel Management Corp.
(www.orienscorp.com) (PINKSHEETS: OTHM) engages in the operation of
hotels and resorts primarily in the United States and Central
America under the Hotel PURE brand. The company also operates
Friendly Reservations Online, a proprietary and sophisticated
online booking system designed to execute reservations capture
through Hotel PURE consumer facing websites, as well as individual
hotel websites operated by Oriens on behalf of hotels branded under
the Hotel PURE brand. Oriens is based in Las Vegas, Nevada.
Safe Harbor Statements in this news release that are
not historical facts, including statements about plans and
expectations regarding products and opportunities, demand and
acceptance of new or existing products, capital resources and
future financial results are forward-looking. Forward-looking
statements involve risks and uncertainties which may cause the
Company's actual results in future periods to differ materially
from those expressed. These uncertainties and risks include
changing consumer preferences, lack of success of new products,
loss of the Company's customers, competition and other factors
discussed from time to time in the Company's filings with the
Securities and Exchange Commission.
Related Links:
Blog: http://orienscorp.wordpress.com/ Twitter: @orienscorp
Facebook:
https://www.facebook.com/pages/Oriens-Travel-Hotel-Management-Corp/1452190994994900
Contact: Team Oriens IR Div. (702) 483-0318
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