PRESS RELEASE 12051 Indian Creek Court Beltsville, MD 20705 For additional information, contact
February 20, 2004
SPHERIX AWARDED GEORGIA STATE PARK RESERVATIONS
FOR IMMEDIATE RELEASE: BELTSVILLE, MD. Spherix Incorporated (NASDAQ/SPEX) today announced that, having selected ReserveWorld as its new reservation system, the State of Georgia’s Department of Natural Resources (DNR) will soon have arguably the most sophisticated online reservation and sales system in the nation. Spherix Incorporated was recently awarded the contract to implement its ReserveWorld system for DNR’s State Parks and Historic Sites Division. ReserveWorld will allow park guests to make advance reservations and payments for campsites, cottages, lodge rooms, picnic shelters and other attractions over the Internet, through a toll-free call center, and from locations in the parks. Park managers will also be able to use the same web-based system to sell retail merchandise, rent equipment, make golf tee-time reservations, and manage facilities and inventory. This tightly integrated “real-time” system combines many individual features and utilizes satellite connections together with “e-business” computer applications customized for Georgia’s State Parks giving them the latest technology among all park reservation systems. “We are very excited to offer our guests the excellent customer service and on-line solutions for which Spherix is well known, “said Becky Kelley, Director of the Georgia State Parks and Historic Sites Division. “Spherix’s proven ability for smoothly transitioning and seamlessly implementing projects was a key factor contributing to this award in Georgia and to ReserveWorld’s overall growth in this market” said Thomas W. Gantt, President and CEO. “Our ReserveWorld system already provides high technology reservations for the National Park Service and seven states, including three that joined our family in the past year. We are truly the fastest-growing company in the public recreation reservation market.” _____________________________________________ Certain statements contained herein are “forward looking” statements as defined in the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied. Factors that could cause actual results to differ materially from those expressed or implied include, but are not limited to, those discussed in filings by the Company with the Securities and Exchange Commission, including the filing on Form 8-K made on March 3, 1999. Under its motto, “A World of Solutions,” Spherix’s mission is to create value and increase shareholder wealth through innovations that benefit our clients and the human condition. Spherix offers innovations in information technology, knowledge management, and biotechnology. Our Internet address is: http://www.spherix.com.
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