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TRITON DISTRIBUTION SYSTEMS’ RESERVATIONEXPERT SELECTED BY ATP, THE ADVANCED TRAVEL PARTNER, FOR BOOKING AND RESERVATION SYSTEM
SAUSALITO, CA--(MARKET WIRE)—April 10, 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced today that ATP, The Advanced Travel Partner, a top travel management firm in the corporate and leisure market with sales in excess of $750 million (USD), will offer ReservationExpert™ to its agents. ATP agents will now have the opportunity to use ReservationExpert, one of the most technologically advanced, cost-efficient and easy-to-use online booking tools.
ATP is one of the most dynamic brands in the travel world, with offices in The Netherlands, Belgium, France, Norway, and the UK as well as the USA. As a key member of GlobalStar Network, a group of leading travel management companies, ATP is continuously growing its worldwide network in four major regions in North America, Latin America, Europe and Asia/Pacific. This agreement is part of Triton’s continued expansion into Europe and from leisure to corporate distribution.
“Over the next three years, online corporate bookings will grow at twice the rate of online leisure bookings. I believe putting the very best technology together with forward-thinking partners will strengthen our global reach,” said Graham Ramsey, CEO of ATP International. “We look forward to working closely with Triton as we manage our clients’ worldwide travel programs.”
“Triton is aggressively expanding its operations into every corner of the world,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “Partnering with companies like ATP will leverage our positioning, providing competitive and advanced distribution solutions for this high-growth market.”
About ATP International
ATP is one of the leading international travel management companies, with offices in the United Kingdom, The Netherlands, Belgium, France, Norway and the United States. ATP specializes in serving the business travel needs of corporate clients in various industries. Next to business travel, ATP has its dedicated units for, business related, group and incentive travel and travel and hospitality regarding sports events. Besides that, ATP is recognized as a specialist in organizing (inter)national congresses, meetings and business events. In the leisure domain of e-commerce, ATP exploits various airline ticket and leisure travel websites. ATP has been highly technology oriented for many years and with a combined turnover exceeding €500 million, allows ATP to leverage its substantial buying power on behalf of national and international clients.
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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