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SAUSALITO, Calif.(BUSINESS WIRE)January 15, 2008Triton Distribution Systems, Inc. (OTCBB: TTDS), a next generation web-based travel distribution service provider, was featured this week in Travel Trade.
In the article titled New Online Gateway for Agents Selling China, Gregory Lykiardopoulos, Chairman and CEO for Triton, discusses the recent release of Red Dragon Express", the first online portal specifically designed to provide travel agencies with access to Chinese airlines, tours, cruises and hotels. Agents can now combine international routing and the purchase of tickets—either through a GDS or through a consolidator that is on our networkand then add on to that the domestic cruises, hotels and airlines, said Mr. Lykiardopoulos.
Triton is dedicated to opening China to travel agencies and their customers around the world but its just the beginning. Mr. Lykiardopoulos went on to say, China has recently emerged as the worlds fourth largest tourism market and is projected to continue double digit growth well past 2020. China is already the worlds largest domestic market with 1.1 billion travelers annually and is the largest source of tourists to other Asian destinations. We have already developed several key partnerships with Chinese companies and are well on our way to capturing a significant share of the growing inbound and outbound market with products designed for the professional travel agent and their clients.
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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