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SAUSALITO, CA--(BUSINESS WIRE)—Mar. 29, 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 BusinessJet Class, an IT solutions provider and distribution enabler for the private jet charter industry. BusinessJet Class offers marketing and automated distribution solutions to the private jet charter market.
With this partnership, ReservationExpert™ users will have access to BusinessJet Class’ worldwide aircraft availability and pricing information and will be able to book these jets directly from their desktop. Nearly 2,500 travel agencies, corporate travel departments, and luxury travel agents have subscribed to BusinessJet Class. With this amount of activity, Triton expects to generate approximately $500,000 in transaction fees.
“We are pleased to provide a new market segment of travel to our clients,” said Gregory Lykiardopoulos. “The private jet market is increasingly growing with travelers opting to charter jets to meet their specialized needs. With the high demand for charter flights, we anticipate that this will be a great opportunity for Triton.”
BusinessJet Class www.businessjetclass.com
Headquartered in New York, BusinessJet Class is a provider of marketing and collaborative business solutions to the private jet charter industry. The company mission is to enable the charter operators and aircraft management companies to automate the distribution of charter flights through multiple mainstream travel channels. In addition to volume incentives and uncapped commission levels to travel agencies, BusinessJet Class offers guaranteed pricing, and standard GDS functionality allowing travel agents to easily price and book private jet charters.
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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