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TRITON DISTRIBUTION SYSTEMS SIGNS PARTNERSHIP AGREEMENT WITH CAESARS TRAVEL COMPANY
SAUSALITO, CA--(BUSINESS WIRE)—Jun. 19, 2007--Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, announced today the signing of a distribution agreement with Caesars Travel Company (CTC) in Kuwait. With this agreement CTC agents will use ReservationExpert™ to book trips for their leisure and corporate clients.
Formed in 1992, Caesars Travel Company is part of a group of companies that include manufacturing, restaurants, printing and chemical operations. Caesars Travel Company has six IATA recognized offices and ranks among the top travel companies in Kuwait. The other division, Caesars Int'l Travel Company is the General Sales Agent for Air Sahara, China Southern Airlines, Wholesale Agent for Cebu Pacific and the Passenger Sales Agent for Royal Nepal Airlines. They also have an exclusive division, representing the world popular tour operators, Cox & Kings. The newly opened division, Caesars Cargo Co. is concentrating on global cargo movements.
“Efficient distribution is critical to our success as a travel company,” said P.N.J. Kumar, General Manager, Caesars Travel Group. “We are pleased to be working with a partner that can move quickly enough to meet our growing needs.”
“Caesars Travel is actively developing the Middle East to Asia tourism connection,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “This is important to us since Asia and the Middle East are key markets for Triton’s global expansion.”
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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