Toronto, Canada - August 19, 2010
iStopOver Inc and PlanetEye Inc, each industry leaders in the alternative accommodation online travel industry, today announced they have signed a definite agreement to merge. Effective immediately, the new company, named iStopOver Inc, combines two organizations with strong domain expertise, best-of-breed solutions and proven management teams needed to drive the burgeoning market for peer-to-peer home rental.
Jonah Sigel, President & CEO of the newly combined company said "We are excited to combine PlanetEye’s patented mapping technology, the PlaneteyeTraveler’s original travel content and travel technology expertise to help build the iStopOver brand. The combined company is poised to capitalize on the growing high tech/online-travel industry. The unique ability to show a potential customer everything they want to know about a specific area, the restaurants, the events, the attractions, social media happenings and more will help that customer make a more informed booking decision."
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