Press Release.
Stephen L. Carroll
Senior Director, Product Marketing, TRX, Inc.
Phone: 214-346-4758
Email: stephen.carroll@trx.com
Stephen L. Carroll
Senior Director, Product Marketing, TRX, Inc.
Phone: 214-346-4758
Email: stephen.carroll@trx.com
| TRX Travel Analytics Carbon Emissions Calculator Named "Best in the Market" by the Stockholm Environment Institute |
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| TRX Partners with TerraPass to offer Airline Carbon Emissions Calculator through new Web Services Agreement |
ATLANTA, 6 May 2008 — TRX, Inc. (NASDAQ: TRXI), a global technology company that develops and hosts software applications to process data records and automate manual processes, announced today that its Travel Analytics CO2 emissions calculator was named the best air travel CO2 emissions calculator by the Stockholm Environment Institute.
TerraPass Inc., a leading retailer and marketer of carbon offsets to individuals and businesses, will feature the TRX Travel Analytics CO2 emissions calculator on www.terrapass.com as part of an exclusive three-month agreement with TRX. Starting in mid May 2008, the CO2 emissions calculator will be available at TerraPass to anyone seeking detailed and accurate information on the carbon impact of air travel. "Our CO2 emissions calculator leverages our leadership position in travel data by incorporating more data points than any other calculator in the industry," said Trip Davis, President and CEO of TRX. "Along with TerraPass, we have quickly established the lead and benchmark in the carbon emissions space for travel. The accolade from the Stockholm Environment Institute further establishes our credibility as the leader in converting travel data into actionable insights for our customers. The calculator and supporting analytics offers our customers the ability to accurately and effectively balance their carbon footprints." As part of its Carbon Offsetting and Air Travel study, the Stockholm Environment Institute evaluated the industry's leading carbon emissions calculators and named TRX "Best in the Market " based on four primary considerations:
"We are thrilled to join forces with TRX to offer our customers the very best flight calculator available," said TerraPass CEO Erik Blachford. "We are committed to delivering TerraPass members the most accurate possible carbon footprint calculation, and this partnership is a significant step forward."
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About TerraPass |
Launched in 2004, TerraPass is a leading consumer retailer and marketer of greenhouse gas reduction offsets and consumer energy efficiency products. Over 150,000 TerraPasses have been sold to individuals, families and businesses to balance out the global warming impact of their flying, driving and home energy use. Together, TerraPass customers have reduced more than 800 million pounds of carbon dioxide emissions, the primary cause of climate change. TerraPass carbon offsets fund clean energy and carbon reduction projects throughout the U.S., including wind power, farm power, and landfill gas capture. Every TerraPass offset purchase is verified against industry leading standards by an independent third party. For more information visit www.terrapass.com. |