SAUSALITO, CA--(BUSINESS WIRE)—Mar. 27, 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced today that Peak Travel Group, one of the largest travel firms in North America, will offer ReservationExpert™ to its member agents. Peak Travel Group’s agents will now have the opportunity to use ReservationExpert to book air, rental cars, hotels and cruise travel. This agreement is expected to generate approximately $500,000 in transaction fees annually for Triton.
The Peak Travel Group family of companies has served Silicon Valley since 1962 working with more than 250 corporate clients as the premier agency for comprehensive corporate and leisure travel management services. With more than 90 employees booking in excess of $65 million in annual sales, Peak Travel has the purchasing power to secure the best rates and fares.
“Having Triton as one of our valued partners adds a strategic and valuable component to our planned domestic and international expansion” says R. Tyler Peak, President of Peak Travel Group.
“Triton and the Peak Travel Group are international companies serving both the leisure and corporate travel community,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “Opening travel throughout China to Peak’s corporate customers will be one of our first priorities.”
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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