Without this extension, Navigant's
Form 10-K would be due today, March 11, 2005.

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Travel Agents are not listed here, but can be found in Recreation/Travel/Reservations/Travel_Agents/.

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PRESS RELEASE Franchise Management International Inc Ratifies Bond for Charter Flights

S.

Business Editors /Travel + Hospitality Writers

DENVER----Navigant International,
Inc. (Nasdaq: FLYR), the second largest provider of corporate travel
management services in the United States based on airline tickets
sold, today announced that it will delay the filing of its Form 10-K
for the fiscal year ended December 26, 2004. Further, the Company's guidance for 2005 is subject to the
same possible reallocation and charges.

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As a result of such valuations,
Navigant may reallocate some portion of these intangibles from
goodwill to specific, definite-lived, identifiable assets. The Company currently employs more than 4,700
Associates and has operations in 1,000 locations in 20 countries and
U.

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Nevertheless , Navigant believes that it has made
significant progress in quantifying the impact of this analysis on the
financial statements for the periods being reviewed, and is determined
to complete this process as promptly as possible.

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Readers are cautioned
that any information on this contains certain such forward-looking
statements that involve substantial risks and uncertainties.

Links to charter and rental categories can also be found here, but please submit sites dealing with reservations or car services to appropriate categories.

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When used, the
words "anticipate," "believe," "estimate," "expect ," and similar
expressions as they relate to any company or its management are intended to
identify such forward-looking statements. territories.

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As a result, Navigant
will file a Notification of Late Filing on Form 12b-25 with the
Securities and Exchange Commission. In addition, the management is preparing
separate valuations for the smaller acquisitions made during the same
period utilizing the principles and techniques, as appropriate, used
in the independent valuations. Navigant's shares are traded on the NASDAQ National
Market under the ticker symbol "FLYR.

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The Bond is in the amount of $200,000 U. The Company
is obtaining independent valuations of these intangibles as of the
dates of acquisition for the significant acquisitions made by Navigant
in 2001, 2002, 2003 and 2004. The Company's "bricks and clicks" end-to-end
travel solutions include corporate travel pattern analysis and
ReportFLYR powered reporting tools; travel policy development;
consulting on cost saving opportunities; airline ticket, hotel and car
rental reservations; meeting and convention planning; and leisure
travel products.

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Dollars.

Denver-based Navigant International, Inc.

Services included here will range from security services to logistics information.

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Included here are services specifically for the business traveler.

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Navigant International -FLYR- to Delay Filing of 2004 Annual Report on Form 10-K

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, doing business as
TQ3NAVIGANT, is the second largest corporate travel management
business services provider in North America, based on airline tickets
sold, serving corporate, government, military, leisure , and meetings
and incentive clients.

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Franchise Management received its DOT authority to operate Scheduled Public
Charters. FMII has been granted approval of its operating Bond in order to
do business under the Department of Transportation Aviation Analysis
Division. Our company's actual results,
performance or achievements could differ materially from the results
expressed in, or implied by, these forward-looking statements.S.

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(OTC: FMII) -- Franchise Management Intl Inc
renews bond for charter flights.
As previously announced, Navigant is reviewing its allocation of
the purchase price of certain business acquisitions between goodwill
and customer-related and other identifiable intangibles.
The valuation process is not complete, and the Company has not
completed preparation of its financial statements for its report on
Form 10-K.

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Statements included in this release are not historical in nature constitute
forward-looking statements for the purposes of the safe harbor provided by
the Private Securities Litigation Reform Act of 1995. As
previously stated, this reallocation , if required, may affect
Navigant's depreciation and amortization expenses, and thus may result
in non-cash charges that would reduce Navigant's stated net income and
earnings per share for its 2001 , 2002, 2003, and 2004 financial
statements.

About Navigant International, Inc.

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