|LONDON-- April 21, 1999 -- Pierre Kleinhans, CEO of Leisureplanet,
was one of the featured speakers at the Goldman Sachs "E-commerce Comes
to Europe" conference in London, Friday 16th April.
Mr. Kleinhans addressed the topic of the impact of e-commerce on the
travel industry, identifying the $150 billion leisure travel industry as
the area to be most significantly impacted by e-commerce. Introducing his
company, Mr. Kleinhans stated that Leisureplanet was
He stated that Leisureplanet would continue to aggressively pursue this strategy.
According to Mr. Kleinhans, other key areas that will determine industry leaders are:
Founded in 1995, Leisureplanet is an Internet-based international travel services company with the world's largest image-rich hotel database; flight, car and hotel reservation facilities; and comprehensive proprietary travel guides for more than 180 travel destinations. Leisureplanet is committed to achieving leadership in global travel e-commerce through offering tailored services in European and other international markets. Operations include multi-lingual call center and customer support facilities, two electronic publishing units, an information system and web site development unit, a hotel recruitment center in addition to a local travel agency partner network.
Leisureplanet offers choice, competitive price and customer service.
The company is in the process of deploying localized web sites supported
by local customer service agents in European and other international markets.
Each local web site will provide a
Leisureplanet is 81%-owned by First South Africa Corp., Ltd. (Nasdaq:FSACF),
a publicly traded investment company whose holdings also include businesses
in various industries, including value-added convenience foods and leisure
products. First South Africa plans to
The statements contained in this press release that are not historical facts are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
|Also See:||First South Africa Corp. Acquires 80% Stake in Internet Based Travel Agency - www.leisureplanet.com / March 1999|