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TRITON DISTRIBUTION SYSTEMS SIGNS AGREEMENT WITH BEDSONLINE
SAUSALITO, CA--(BUSINESS WIRE)—Feb. 7, 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced today that it has entered into a partnership with Bedsonline, an online hotel reservation system. This partnership will give agents access to book hotels, villas and apartments through Triton’s ReservationExpert™.
Bedsonline distributes content for more than 20,000 hotels in 60 countries worldwide. Combined with other global partnerships, Triton’s solution now offers agents access to more than 80,000 hotels around the world.
“We are pleased to partner with Bedsonline and offer travel agents more hotel properties to sell,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “With approximately 2.8 million hotels rooms being sold everyday in the United States alone, hotel booking is a major revenue generator for agents and Triton.”
Bedsonline works with more than 5,000 travel agents and is a part of First Choice Holidays PLC, one of the most prestigious travel groups in Europe. Bedsonline was launched in April 2003 as a user-friendly online booking system specifically made for travel agents. More than 700,000 passengers booked through Bedsonline in one year, making them one of the most used online booking systems in the business.
Triton’s ReservationExpert™ is a web-based booking application that integrates all the travel information agents need to their desktop. It provides a graphical user interface to access Global Distribution Systems as well as unique content available only through direct links to travel vendors in Triton’s network. Its state-of-the-art and easy- to-use technology makes booking travel efficient and cost-effective.
About Triton Distribution Systems
Triton Distribution Systems is a pioneer in low-cost, business-to-business, Internet-based travel distribution and procurement solutions. Triton provides the electronic distribution of travel inventory from airlines, car rental companies, hotels, tour and cruise operators, and other travel vendors to travel agencies and their clients on a global basis. Triton's proprietary products and services fill crucial needs in the travel industry, and offer product, pricing, and marketing advantages. Triton has developed a broad-based suite of products, including ReservationExpert™, TritonTwist™ and Red Dragon Express™ -- the world’s first distribution gateway to the Chinese market.
FORWARD-LOOKING STATEMENTS This news release includes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
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