Press Release.
Stephen L. Carroll
Senior Director, Product Marketing, TRX, Inc.
Phone: 214-346-4758
Email: stephen.carroll@trx.com
| TRAVELSAVERS and TRX Sign Deal to Offer Reservation Processing Platform to TRAVELSAVERS/TWIN Agencies Worldwide |
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| Service Bureau and Preferred Pricing Provide Affordable Options for Agencies of All Sizes |
Oyster Bay, NY and Atlanta, GA, 2 February 2009 — TRAVELSAVERS and TRX, Inc. (NASDAQ: TRXI), a global leader in travel technology and data services, announced today that TRAVELSAVERS has expanded its mid-office quality control and reservations finishing technology offerings to help its travel agencies increase productivity and decrease costs in these challenging economic times. TRAVELSAVERS and TWIN agencies can now access the superior technology of the new platform through a service bureau, thereby eliminating technology infrastructure concerns and costs associated with in-house quality control services and enabling agencies the ability to reallocate resources for other strategic initiatives. Three levels of preferred pricing are offered based on transaction volume, making the new platform affordable for agencies of all sizes. “The new technology automates many of the mid-office processes that travel agents were handling manually, helping them save time and money,” said Betty Tilton, Vice President of Corporate Sales at TRAVELSAVERS/TWIN. “Technology is the great equalizer and it levels the playing field. Agencies that take advantage of the full scope of our technology products are in the strongest competitive position. The preferred pricing levels we’re offering make entry easy for agencies because they can avoid the entire process of having to negotiate licensing agreements. All they need to do is sign up for and start using the product.” “Our agreement with TRAVELSAVERS, a long-time RESX online booking client, expands our existing relationship and provides a great opportunity to leverage their vast agency network to further establish CORREX's category leadership as a reservation processing platform," said TRX President & CEO, Shane Hammond. “Those agencies choosing the CORREX platform will quickly realize new efficiencies and cost savings within their mid-office operations.” The new technology is a reservation processing platform enabling efficient, automated quality control, file finishing, and ticketing of travel reservations. By eliminating manual processes, the system helps increase agent productivity, reduce front- and back-office errors, and cut costs. The platform also allows agents to consolidate pre-travel and reservation reporting across multiple Global Distribution Systems (GDSs), third-party and corporation-specific databases, and other sources of traveler-specific information. |
About TRAVELSAVERS |
| TRAVELSAVERS (www.travelsavers.com) is an international marketing organization, owned by American Marketing Group (AMG), with a retail chain of more than 3,000 independently owned full-service travel agencies in 14 countries that generates more than $18 billion in annual travel industry sales. Headquartered in Oyster Bay, N.Y., TRAVELSAVERS offers a comprehensive range of products and support services to help its agencies maximize sales through a select group of suppliers -- and stand out as travel leaders in their local communities. The marketing company also features a unique exclusive territory system based on populations of 50,000, so agents maintain control over clients and prospective leads in their exclusive area. |