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SAUSALITO, CA--(BUSINESS WIRE)—May 1, 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced today that it has entered into an agreement with China Highlights Travel, one of China’s largest online travel service providers. With this agreement China Highlights will offer Triton’s flagship product, ReservationExpert™ to its member agents. Triton will provide agents access to China Highlights’ tours, airlines, hotel rooms, and cruises—increasing and diversifying the global travel inventory already available through ReservationExpert.
China Highlights, a division of CITS Guilin, has been in business since early 1998 and is the leading online travel service in China. They maintain nine travel sites to provide travel information, travel consulting, and a tourism center specializing in personalized travel services.
China has recently emerged as the world’s fourth largest tourism market and is projected to continue double digit growth well past 2020. China is already the world’s largest domestic market with 1.1 billion travelers annually and is the largest source of tourists to other Asian destinations.
“We are excited to be partnering with China Highlights Travel and offering agents around the world access to their unique tours and cruises,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “Triton looks for partners who understand the changing nature of the travel industry and are committed to delivering the highest quality products possible. I am very happy to have found those qualities in China Highlights Travel.”
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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