PSAINC Subsidiary, Jet Vacations, Announces Record First Quarter Sales

    LOS ANGELES, May 2 PSAINC (OTC Bulletin Board: PSAX)
announced today that its subsidiary, Jet Vacations International, Inc.,
recorded a whopping 89% growth in individual tour sales over the same period
last year.
    "This has been the best first quarter for us since inception" said Ravi
Rao, CEO of Jet Vacations.  "While there seems to be a cautionary lull in
other industries, travel appears to be on an upswing, and we see only
opportunity ahead for Jet Vacations."
    "With our emphasis on investments in tour companies such as Jet Vacations,
we are extremely optimistic about the success of our business model.  These
Fist quarter accomplishments strengthen our strategy going forward," said
David Walsh, Chairman and CEO of PSAINC.
    Jet Vacations International, Inc. is headquartered at 880 Apollo Street,
Suite 329, El Segundo, CA 90245.  The company's telephone number for
reservations is 800 JET 0999.
    Its web address is http://www.jetvacations.com.

    Also, PSAINC has recently relocated its headquarters to:
       PSAINC
       880 Apollo Street, Suite 329
       El Segundo, CA 90245.
       Phone:  (310) 640-3044
       Fax:    (310)-640-3080
       E-mail  http://www.lovepsa@aol.com
       Website http://www.psazz.com

    The relocation of PSAINC has been implemented to maximize cost
efficiencies while providing proximity to PSAINC's operating tour companies.
The new facilities offer improved internet technological interface
capabilities over the previous location and enhance the Company's emerging
T-commerce acquisition strategy.
    PSAINC is a holding company for entities that will achieve its developing
interactive television services network (T-commerce) designed to unite global
interactivity via the familiar television format with the emerging digital
broadcast and Internet technologies, and digital video production and post
production services, as well as international tour, travel and entertainment
products and services.

    Except for factual and historical information contained therein, matters
discussed in this release, including statements, are forward-looking
statements that involve risks and uncertainties, and actual results may be
materially different.  Factors that could cause actual results to differ
include the risk that sales of the Company's services may not develop as
expected and the risk that the Company may not be successful in forecasting
and meeting customers' demands for its services.

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