SAUSALITO, CA--(BUSINESS WIRE)—May 30, 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced today that Barakat Travel Co., Kuwait’s number one travel management firm in the corporate and leisure market, will offer ReservationExpert™ to its agents. Barakat travel agents will now have the opportunity to useReservationExpert, one of the most technologically advanced, cost-efficient and easy-to-use online booking tools.
Barakat Travel was established in 1988 by its president, Mr. Tayseer Barakat. They have received numerous awards for quality service from air carriers like British Airways, Lufthansa and KLM. Barakat Travel serves both the leisure and business travelers with flight, hotel, tours, and other travel services.
“Barakat Travel’s mission is to establish partnerships that deliver quality and convenience to its customers,” said Tayseer Barakat, President of Barakat Travel Co. “This partnership is part of our strategy to maintain the premier position in the local travel market. We look forward to working closely with Triton as we manage our clients’ worldwide travel programs.”
“Travel and tourism in the Middle East is forecast to rise to $279bn over the next ten years,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “Partnering with companies like Barakat Travel Co. is part of our aggressive global market development in all corners of the globe including China, Europe and India.”
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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