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Triton Distribution Systems Retains Berean Business Builders
SAUSALITO, Calif.-(Business Wire)-June 17, 2008 - Triton Distribution Systems, Inc. (OTCBB:TTDS), a next generation web-based travel distribution service provider, announced today that it has retained the services of Michael Brock, of Berean Business Builders, to provide operational consulting and business development services to the Company.
Mr. Brock brings more than twenty years of successful leadership experience in business and technology. He has previously served as the Director of Information Technology Operations for Hotels.com (including Hotels.com, Interactive Affiliate Network {IAN}, TravelNow, and Hotels.com EMEA - Europe, Middle East and Africa). Following the merger of Expedia Inc. and Hotels.com, Mr. Brock assumed the additional responsibilities of Director of Application Engineering for the Expedia family of companies (including Expedia.com, Hotwire and NewTrade).
Mr. Brock's engagement is a key component of Triton's strategic global success plan which includes: fulfilling existing and prospective travel distribution contracts; undertaking strategic acquisitions in China and Europe; and, rebranding the Company to accentuate the commercial scalability of Triton's proprietary Internet technology and its competitive position in the emerging domestic and international Chinese travel markets. Mr. Brock will focus on building Triton's partnerships within the online travel industry while ensuring continued operational and infrastructural excellence within the Company.
"There are a number of attractive elements that combine to convince me of the potential of Triton to become both a fierce competitor and an advantageous partner in the travel distribution sector," says Mr. Brock, "The technology platform is architected as a superior model to that of the incumbent distribution systems. Triton is built upon a modern, service-oriented-architecture that can easily scale to meet the processing capacity requirements of a world-class environment. With Triton's simplified itinerary and single-payment processing in native currency, the product of this platform is also superior to that of the competition in ease of use and management by travel agents and consumer-facing points of sale. Finally, Triton's unique and longstanding relationship with the Chinese travel industry allows for a deep offering of travel inventory (including domestic Chinese travel and local tours) that is simply unavailable by any other means outside of domestic Chinese travel agencies. I hesitate to use terms such as 'revolutionary', so I will simply say that Triton is set apart from its competitors by two words: 'not antiquated'."
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(TM), TritonTwist(TM) and Red Dragon Express(TM) — 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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