PTN Blog

Analyst Re-Affirms Guidance
PTVL - Speculative Buy
Price Target $2.00

2/26/08

Pro Travel Network, Inc. (OTCBB: PTVL $0.23)
Research Note
Industry: Leisure & Entertainment
Rating: Speculative Buy
Price Target: $2.00
By: Richard W. West, CFA

Pro Travel Networks, Inc.’s Second Quarter and Six-Months Results Detailed in SEC 10Q; Revenue and Gross Profit Continue Positive Momentum

Pro Travel Network, Inc.’s (Pro Travel) results for the three and six months ended December 31, 2007, detailed in its SEC 10Q, reveal the continued growth in revenue and gross profit. We believe Pro Travel is on its way to positive net income for FY 6/30/2008. We reiterate our Speculative Buy Rating and 12-month price target of $2.00 per share.

FRESNO, CA–(MARKET WIRE)–Feb 6, 2008 — Pro Travel Network, Inc. (OTC BB:PTVL.OB - News) released news today that it has recently received a letter from Carnival Cruise Lines stating that PTVL increased its booked cruises with the company over 91% for 2007 in comparison to 2006.

Paul Henderson, CEO and President of Pro Travel Network, stated, “We are very pleased to receive such recognition. Whether it is for our company, our partners and relationships, or our Independent Travel Agents, we are continually striving to create an environment for all to succeed. It is very generous for Carnival Cruise Lines to acknowledge us and our achievements, proving that our business model is successful and that PTVL is continuing its growth in the market place.”