Growth of Payless Brands Key to Global Expansion and Internet Marketing Success for Fiscal 2004

ST. PETERSBURG, Fla.--Aug. 2, 20043, 2004--Florida-based Avalon Global Group, Inc. announced today the 2004 fiscal year achievements of the company's global brands within the car rental, auto sales, parking and technology industries that include Payless Car Rental System, Inc., Orlin/Atlin, Inc., Payless Car Sales, Inc., Payless Parking and REZlink International, Inc.

"Avalon's global experience, leading brand names, next-generation technologies and coordinated programs between companies put it ahead of the fierce competition of Internet business marketing," said Michael J. Harley, president and chief operating officer, Avalon Global Group. "By utilizing the Payless name to serve various industries, brand recognition increased for all the business units, which is the key to success in the technology-driven era of the global Internet."

During the fiscal year ending June 30, Payless Car Rental increased its presence from 135 to over 1,800 locations servicing 62 countries through international master franchise agreements in Greece, Mexico and Panama and cooperative agreements with Sixt Rent A Car in Europe and Network Car and Truck Rentals in Australia. Domestic sales added 13 franchises in California, Connecticut, Florida, Georgia, Pennsylvania, South Dakota, Texas and Washington.

Orlin/Atlin, Inc., the Avalon Global Group affiliate operating Payless Car Rental corporate owned locations, added a new store in Atlanta joining existing stores in Orlando and Tampa, Fla.

Payless Car Sales achieved a record-breaking year with 27 car sales franchises sold. The company's dynamic franchise package attracting independent used auto dealers is credited for doubling the number of locations to over 50 franchises.

REZlink International, the innovative technology division of Avalon Global Group, and Payless Parking announced the affiliate partnership and deployment of an Internet parking reservations technology and distribution service agreement with Park 'N Fly, a market leader in off-site airport parking at 15 facilities supporting major U.S. airport markets. The booking engine powered by REZlink's online technology can accommodate over two million vehicles a year through reservations secured at http://www.PaylessParking.com.

For more information on all Avalon Global Group companies, visit http://www.AGG-inc.com.

NOTE: Michael Harley, president and COO, Avalon Global Group, headshot - High resolution, downloadable photo available at: http://pcrasp.paylesscarrental.com/press/ArchiveONE.asp?ID=87