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TRITON DISTRIBUTION SYSTEMS SIGNS PARTNERSHIP AGREEMENT WITH DESTINATION TRAVEL INTERNATIONAL, A LEADING CHINESE TOUR COMPANY
SAUSALITO, CA--(BUSINESS WIRE)—Sept 18, 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 Destination Travel International, Co., Ltd. (DTI) in China. This partnership will give travel agents around the world the ability book DTI’s one-day coach tours and tour packages through Triton’s Red Dragon Express™.
Founded in 1985, DTI is one of the leading sightseeing companies in China with offices in Beijing and Shanghai, the two major gateways into China. Focusing on the city tours, DTI has been recognized by its clients and the industry as the premier FIT tour operator in China. DTI is also working closely with international hotel chains to provide on-location tour services directly to house guests. So far over 100 hotels are selling DTI products while over 30 hotels have DTI service counters.
“DTI has a large team of well educated and well trained professional tour guides who speak a variety of languages,” said Ms. Yanyi Zou, General Manager of DTI Beijing. “Our mission is to become the most popular sightseeing company in China. We are making this a reality by working closely with the government to support us in creating new city tours, MICE projects and tailor made package tours.”
“We are excited to be partnering with Destination Travel International and offering agents around the world access to their unique tours,” said Gregory Lykiardopoulos, Chairman and CEO for Triton. “China is on course to overtake the United States this year in terms of foreign visitors which is why we are aggressively building a network of top-tier travel vendors like DTI.”
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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