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TRITON DISTRIBUTION SYSTEMS SIGNS DISTRIBUTION AGREEMENT WITH QUANTUM HOTELS & RESORTS
SAUSALITO, CA--(BUSINESS WIRE)—Jul. 10, 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 Quantum Hotels and Resorts, headquartered in Makati City Philippines.
Quantum Hotels & Resorts Inc. uses leading edge technologies and training to provide the highest quality, full-service apartments and residences in the Philippines and around Southeast Asia. Quantum Hotels and Resorts has five managed properties in the Philippines, namely the Malayan Plaza Hotel, The Subic Holiday Villas, BSA Tower, BSA Suites and Perla Mansion.
“Our goal is to develop luxurious accommodations and provide an exceptional setting for rest, relaxation and comfort,” said Joey Bernardino, VP Sales & Marketing, Quantum Hotels and Resorts. “Our continued success depends on distribution partners like Triton and that’s why we are very pleased to be part of the Triton network.”
“We’re very excited to have Quantum Hotels & Resorts partner with us because of the quality of their properties,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “Triton’s agent customers are looking for high-end travel experiences to sell and Quantum fits perfectly into that distribution model.”
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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