Thursday May 11, 12:49 pm Eastern Time
Company Press Release
eTravelserve.com Completes Buyback of 1,200,000 Free Trading Shares
BOCA RATON, Fla.--(BUSINESS WIRE)--May 11, 2000--Paul Johnson, President/CEO of
eTravelserve.com, Inc., www.etravelserve.com, (OTCBB:TSER - news), announced
today that the company has negotiated with certain investors to buy back
approximately 1.2 million free trading shares.

"This buyback will benefit the shareholders by increasing the percentage of
their holdings. A group of previous shareholders where holding restricted shares
that have recently become eligible for free trading and had filed their 144
`planned sale' documentation. When the company saw the `planned sale' filings,
we felt it better to negotiate with the investors rather than have a large
overhang while the company began positioning itself for the move to NASDAQ Small
Cap or National market. The first of these agreements have been reached, which
will result in a retirement of approximately 1.2 million free trading shares
representing approximately 12% of the outstanding float. The company also felt
that that negotiating with the shareholders at this time was opportune because
the company believes that the current share price is undervalued comparative to
other companies in the sector," said Johnson.

eTravelserve.com has also initiated an enhanced shareholder relations program,
which offers an "Investor Update Call", which is recorded on the 15th and last
day of every month. The recorded call will include information and updates
concerning eTravelserve.com and can be accessed at 1-877-213-9653 and entering
code 2193973. The company also offers an "email alert" which allows individuals
to register on the eTravelserve.com web site and have press releases and
investor update information automatically forwarded to their email address when
they are announced.

FOR SHAREHOLDER INFORMATION CALL STOCKBROKER RELATIONS AT
1-800-546-7950

Information in this press release contains "forward-looking statements." These
statements involve risks and uncertainties that could cause actual results to
differ materially. There is no assurance the above-described events will be
completed. There can be no assurance of the ability of the company to achieve
sales goals, obtain contracts or financing, consummate acquisitions or achieve
profitability in the future. The above and additional factors are discussed in
detail in the Company's filings with the S.E.C.