EZTriPlan - Travel The Easy Way

Overview

• EZTriPlan has developed an advanced system for facilitating online travel planning and purchasing.
• EZTriPlan has combined advanced programming algorithms with a state-of-the-art user interface to provide a user with a quick, intelligent flow of information relating to personalized travel preferences.
• The mission of EZTriPlan is to become the leading site for purchasing and planning of travel plans and accommodations. The company’s strategy is to collaborate with online search or network portals, in which EZTriPlan will be that portal’s operative branch for online tourism E-commerce.

• EZTriPlan helps its users to plan their trips on the basis of its integrated unique features that designate it from its competitors in the on-line travel market:
  • The entire trip on single site – a single system with access to thousands of suppliers enables the user to plan all aspects of the trip.
  • Smart wizard – guides and “advises” the user through the entire booking phase and in real time, during the trip.
  • Making changes in real time – the user can make changes in the itinerary during the trip using internet, cellular phone or PDA.
  • Content – EZTriPlan builds a community of travelers which share their travel plans, pictures and web-logs with other travelers.
• EZTriPlan features an easy to use platform that allows its users to effectively plan trips “tailored” to specific preferences.

• In 2006, the global online travel market totaled $90 billion (in terms of gross booking) which accounts for 10% of the global travel industry. Industry specialists’ project international gross booking of travel online will continue to grow at 30%.
• The US Market represents high market share potential due to the highly fragmented online travel market and increased consumer confidence to plan and purchase travel online.
• Improving demographics are leading to increased spending in the Tourism marketplace. Online travel companies have presented an impressive growth rate over the past years with the US online travel market approaching a 25% annual growth rate and Non-US online travel market growing at 50% per year.

• EZTriPlan has developed advanced algorithms which continuously learn from the user`s profile and offers suggestions according to the user preferences.
• EZTriPlan is currently making preparations for entering into a technological collaboration agreement with Microsoft, concerning the new MOS 2007 system, for the development of internet applications.

• Initially, EZTriPlan will launch an independent web site in the US (estimated launching - Q1 2008)
  • Marketing spending of $1 million in 2008 is expected to lead to traffic of 0.7 million monthly unique users. The stated traffic should lead to $39 million annual gross booking (Revenue Margin of 10%).
  • Marketing spending of $15 million in 2009 is expected to lead to traffic of 3.4 million monthly unique users. The stated traffic should lead to $345 million annual gross booking (Revenue Margin of 10%).
• In 2010 EZTriPlan will establish collaboration with a globally leading Internet portal (such as: Microsoft, Google and Yahoo) that features a traffic of approximately 400-500 million unique users per month.

• Revenues can potentially begin in 2008 followed by the estimated product launch in Q1 2008. Sales in 2008 are estimated to be $3.9 million, rising to approximately $93 million in 2012.
• EZTriPlan expects to become cash-flow positive in its third-year of operation.

• EZTriPlan is seeking investments totaling $3 million. Theses funds will be used for:
  • Completion of product development;
  • Entering into service agreements and collaboration with leading Internet portals; and
  • Launching a pilot in the US market.