SAUSALITO, CA--(BUSINESS WIRE)—Apr. 3, 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced today that it has completed and launched Phase I of the eagerly awaited Red Dragon Express™, a first of its kind portal into the Chinese travel market. www.reddragonexpress.com
Red Dragon Express, was built to provide Triton’s agency clients with a web site where they can educate themselves and their customers about the travel opportunities into and throughout China. The site offers unique content and extensive opportunities for hotels, airlines, tour operators and cruise lines to advertise their services. Agents have exclusive access to Olympic tickets, more than 200 tours, more than 15 cruise packages, supplier promotions and transfer packages with access to a range of resources including country and cultural information, travel tools and resources, and top things to do and see, along with an online community of contributors sharing their knowledge and experiences of China. The site will also provide members an agent community, marketing tools, online training courses and tutorials.
Phase II of the Red Dragon Express project, advances the site from an information resource to a transactional site for member agents. By the end of Q2 travel agents from around the world will be able to book trips on any domestic airline, cruise line, hotel, car rental company or tour operator within China. Agencies will also be able to grant access to their preferred customers which will help the agents serve more travelers with less effort.
“Opening up China to our agency clients has been one of the cornerstones of our global distribution strategy,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “But we’ve taken that notion one step further by building tools like the Red Dragon Express so that our agency clients are able to generate revenue and grow their business from day one.”
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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