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Priceline.com Signs Long-Term Agreement with Travelport GDS

NORWALK, Conn. and LANGLEY, U.K., Jan. 30 PRNewswire — Priceline.com (Nasdaq: PCLN) and Travelport GDS today announced a new long-term agreement under which priceline.com will process reservations through Travelport GDS's Worldspan global distribution system (GDS). Terms of the agreement were not announced.

"Worldspan has been a partner since our launch 10 years ago, providing priceline.com suppliers and customers with consistent round-the-clock access to inventories and fares," said Chris Soder, priceline.com's president, North American Travel. "Over that time, we have worked closely with Worldspan's technology team to maximize the performance of our transaction systems. We are pleased to extend our partnership with Travelport and continue to offer Worldspan within our portfolio of supplier connectivity options."

"This new agreement demonstrates the value priceline.com places in the cost-effective, reliable and broad-based GDS solutions that Travelport GDS provides to its clients around the world," said Kevin Mooney, chief commercial officer of Travelport GDS. "Priceline.com is one of the nation's premier online travel agencies and Travelport GDS is proud to support them."

About Priceline.com(R) Incorporated

Priceline.com Incorporated (Nasdaq: PCLN) operates priceline.com, a leading U.S. online travel service for value-conscious leisure travelers, and Booking.com, a leading international online hotel reservation service. Priceline.com also operates Agoda.com, an Asian online hotel reservation service. In the U.S., priceline.com gives customers more ways to save on their airline tickets, hotel rooms, rental cars, vacation packages and cruises than any other Internet travel service. In addition to getting great published prices, leisure travelers can narrow their searches using priceline.com's TripFilter advanced search technology, create packages to save even more money, and take advantage of priceline.com's famous Name Your Own Price(R) service, which can deliver the lowest prices available.

Priceline.com believes that Booking.com is Europe's largest and fastest growing hotel reservation service, with a network of affiliated Web sites. Booking.com operates in over 60 countries in 16 languages and offers its customers access to over 38,000 participating hotels worldwide. Priceline.com also operates the following travel websites: Travelweb.com, Lowestfare.com, RentalCars.com and BreezeNet.com. Priceline.com also has a personal finance service that offers home mortgages, refinancing and home equity loans through an independent licensee. Priceline.com licenses its business model to independent licensees, including priceline mortgage and certain international licensees.

About Travelport GDS

Travelport GDS is one of the world's largest global distribution system (GDS) providers operating both the Galileo and the Worldspan brands, providing real-time travel information and booking capabilities to online and offline travel agencies in over 145 countries. It also operates Travel Intelligence Services which provides marketing and other critical data to the industry, and includes its Shepherd Systems subsidiary; and IT Services & Software, which offers mission critical reservations, related software and services management to the world's leading airlines. Travelport GDS is a convergence of traditional and online travel distribution services that empower airlines, travel suppliers, travel agencies, Web sites and corporations to provide informed choice to travelers on a global platform. Travelport GDS is a division of Travelport, one of the world's largest service providers to the travel industry. More information is available at travelportgds.com.

About Travelport

Travelport is one of the world's largest travel conglomerates. The company operates three primary businesses — a global distribution system business, which comprises the Galileo and Worldspan brands; a supplier services and data analysis business, Shepherd Systems; and a group travel and wholesale hotel business through its brand GTA. Travelport also owns a significant interest in Orbitz Worldwide (NYSE: OWW), a leading global online travel company. With 2006 revenues (including Worldspan) of approximately $3.4 billion, Travelport operates in 145 countries and has approximately 7,500 employees.

Travelport is a private company owned by The Blackstone Group and One Equity Partners of New York and Technology Crossover Ventures of Palo Alto, California.

SOURCE Travelport GDS

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