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SAUSALITO, CA--(BUSINESS WIRE)—Mar. 21 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced today that GTM Travel Group, a host agency for approximately 250 home based travel agents will offer ReservationExpert™ to its member agents. GTM Travel Group’s agents will use ReservationExpert to book air, rental cars, hotels and cruise travel. This agreement is expected to generate approximately $250,000 in transaction fees annually for Triton.
ReservationExpert provides travel agents with a cost-effective, easy-to-use and fully integrated product that allows them to book, ticket, report and invoice worldwide travel. The web-based booking application integrates all the travel information to an agent’s desktop and has a graphical user interface to access Global Distribution Systems as well as unique content available only though direct links to travel vendors in Triton’s network.
“We are pleased to have the opportunity to provide services to GTM Travel Group’s agents,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “We look forward to working closely with GTM Travel Group to ensure that we deliver superior solutions for their agents.”
GTM Travel Group is an established and dynamic affiliation of independent travel agents. GTM brings a fresh perspective to meeting the challenges faced by the retail distribution network by providing superior host agency services. They are members of ASTA, CLIA, NACTA, OSSN and the IT Group. To learn more about GTM Travel Group, visit www.gtmtravelgroup.com.
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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