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Zoomaway Announces Groundbreaking Patent Pending Project

2017-11-20 09:16 ET - News Release

(via TheNewswire)



VANCOUVER, BC / TheNewswire / November 20, 2017 - ZoomAway Travel Inc. (TSXV: ZMA) (the "Company") www.zoomawaytravel.com is pleased to announce its patent pending software project for Travel Game Block Chain Inc .

This new technology has received U.S. Provisional Patent protection. The company believes this to be the world's first combination of digital App based games, Hospitality and Social Media in our exciting new format. We are aiming to create the first "game-ified" travel booking experience in a two and half dimensional, "amusement park" format. This project blends many current technologies and features BlockChain with its existing reservation and inventory management technologies.

Travel Game Block Chain's technology will provide users with an entertaining and educational representation of the destination they are traveling to. Users will be able to interact with the points of interest in their chosen destination, virtually anything that lies within the destination of interest. Many of the activities and venues will be bookable from the Game, and users will be able to share and create adventures via social media. Multiple booking opportunities will a consistent revenue stream for the company.

The company is currently finalizing plans for technology partners and costs for the completion of this project. The company will continue to make announcements concerning progress, production and estimated completion dates.

"The format today for booking travel is largely the same as it has been for the last 20 years and has two inherent problems. First, most Online Travel Agencies present a one-dimensional, flat website that is mainly a long list of hotels available in a destination. Secondly, there's very little to learn about the place you are going from these sites. The Millennial generation are more interested in what there is to do where they are going than just what hotels are available. We are going to provide fun interaction in a game format so that you can discover, reserve and share your experience." Stated Sean Schaeffer, CEO of Zoomaway Travel Inc. "We believe that the potential revenue streams for a project like this are staggering and we are excited to provide our shareholders with such an opportunity. We believe that Travel Game Block Chain technology will truly revolutionize the Hospitality Industry as we are proposing the first combination of three of the world's largest and fastest growing sectors, Digital Gaming, Hospitality and Social Media."

About Zoomaway Travel Inc.

ZoomAway Travel Inc. (TSXV:ZMA) has two wholly owned subsidiary companies, Zoomaway Inc. and Travel Game Block Chain Inc.

ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts and activity providers with a seamless, scalable and fully integrated Technology Platform that allows for the discounted packaging of lodging, ski, golf, activities and attractions. It seamlessly integrates into client websites, providing their customers with a real time one stop shop for all of their travel and recreation needs. Additional information about ZoomAway Inc. can be found at www.zoomawaytravelinc.com .

Travel Game Block Chain Inc. (Candian Co.) is our new company dedicated to housing new projects in the Digital Games and Block Chain formats. More information about this new venture including a new website will be available soon.

For additional information contact:
Sean Schaeffer, CEO, ZoomAway Travel Inc: 775-691-8860 sean@zoomaway.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This release includes certain statements that may be deemed "forward-looking statements. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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