SAUSALITO, CA--(BUSINESS WIRE)—Apr. 17, 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 Global Rescue LLC, a provider of medical, aeromedical evacuation and security services. Triton’s member agents will be able to offer their clients a travel insurance plan that includes a global medical evacuation service.
A recent survey by a major insurer indicated that the greatest fear of 74% of American travelers is a medical incident while traveling. An overwhelming 92% would like to have immediate access to U.S. quality medical care. Most travel insurance covers air evacuation services limited to transportation to the "nearest appropriate facility." Global Rescue offers emergency medical air transport from remote locations to a facility close to the traveler’s home. For these and other reasons, the demand for air ambulance service is growing fast.
Triton’s reservation products will now provide a full-service package to travel professionals selling travel insurance, including offering emergency medical air transport for foreign bookings.
“This partnership shows our continuing efforts in creating extra value for travel agents, especially those with special niches, booking exotic vacations or exciting adventures,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “Our partnership with Global Rescue is another way to help travel agents differentiate themselves in this highly competitive industry.”
About Global Rescue
Global Rescue is an emergency services company that provides best-in-class medical, aeromedical evacuation, search and rescue and security services to individuals, corporations, travelers and expeditions worldwide. The company’s emergency response teams are comprised of paramedics, physicians and security personnel, many of whom are veterans of elite rescue units of the U.S. Air Force. Through an exclusive relationship with the physicians of Johns Hopkins, Global Rescue members benefit from the advisory services of some of the world’s finest physicians. Global Rescue utilizes over 180 medically equipped aircraft in 30 countries and will fly members to the U.S. hospital of their choice in the event of an illness or injury requiring hospitalization.
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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