SAUSALITO, CA--(BUSINESS WIRE)—May 8, 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced the promotion of Adam Himmelman to Chief Technology Officer (CTO). Adam has been a key contributor on the strategic development of ReservationExpertTM and has also brought invaluable expertise and knowledge to the architecture of Triton’s core distribution technology.
"Adam's well-deserved promotion will enable Triton to further expand its family of leisure and corporate distribution products while also maintaining its focus on reducing the inherent complexity of travel industry distribution," said Gregory Lykiardopoulos, Chairman and CEO for Triton. "In his new role as CTO, Adam will provide the technology vision to deliver the right products for the future and will continue to be responsible for all major technical decisions and project development activities."
"Triton is quickly growing into a global organization, and Adam’s experience in all elements of the company's operation and technology solutions ensures that both business and technical value is delivered to every customer." said Mr. Lykiardopoulos.
Mr. Himmelman has held positions in many facets of technology development including Director of Engineering, Chief Software Architect and Senior Software Engineer in the fields of insurance, travel, imaging and GPS development. Mr. Himmelman received a Bachelors of Computer Science degree specializing in Virtual Reality from the University of Advanced Computer Technology in Phoenix, Arizona.
"It is an honor to be charged with defining Triton’s technology vision as CTO," said Himmelman. "Our future success depends on combining a clear strategy for Triton solution offerings with flawless execution. I look forward to working with Gregory and the outstanding Triton family to deliver both."
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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