SAUSALITO, CA--(BUSINESS WIRE)—Feb. 8, 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced today that it is opening a new office in Amsterdam, The Netherlands to support its growing European business.
Often referred to as the business gateway to Europe, Amsterdam is a central location in the European Union. Triton Netherlands will allow expansion for future growth anticipated in Europe, and provide support for travel agencies and vendors in the European market.
Europe is the largest travel market in the world and has been growing steadily over the past eight years to its current volume of over 440 million arrivals per year. “Our European business is developing quickly,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “The office in The Netherlands will expand our presence in Europe.”
The new office address is Pesetaweg 41, 2153 PJ Nieuw Vennep, The Netherlands. Triton also has offices in the United States, the Philippines and China.
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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Netta Conyers Haynes