Online Tool facilitates on-budget trip planning.October 10, 2007 -
Accessed via hosted Web interface, RESX v7.1 lets corporate travelers create policy-compliant and on-budget travel reservations. Solution increases corporation's ability to improve overall negotiation with preferred vendors by maximizing airline pricing agreements through expansion of Preferred Airlines by Market feature. Also included, Trip Sync functionality lets users retrieve up-to-date itinerary information for all trips, booked online or offline.
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Original Press release
TRX, Inc.
6 West Druid Hills Dr.
Atlanta, GA, 30329
USA
TRX Releases RESX v7.1
Agencies, Travelers, and Travel Arrangers Benefit from Enhanced Shopping and Pricing Capabilities and Policy Management Features
ATLANTA, Sept. 25 -- TRX, Inc. (NASDAQ:TRXI), a global technology company that develops and hosts software applications to process data records and automate manual processes, today announced the release of RESX v7.1.
RESX is a leading online booking tool allowing corporate travelers to create policy-compliant and on-budget travel reservations via a hosted Web interface. "Our latest release includes key enhancements that reduce support costs for agencies and provide corporations greater control over travel spending," said Shane Hammond, President, RESX Technologies.
RESX v7.1 increases a corporation's ability to improve its overall negotiation power with preferred vendors by maximizing airline pricing agreements through the expansion of RESX's "preferred airlines by market" feature. This feature enhances a corporation's ability to deliver on carrier market share agreements through targeted, rule-based biasing, by market, at the point of sale.
RESX v7.1 also includes several enhancements to RESX's Trip Sync functionality, which allows users to retrieve up-to-date itinerary information for all trips, whether booked online through RESX or offline with a travel management provider. "Through the use of RESX's open systems platform, RESX will serve as the single point of access for all trip information. This provides great benefit to travelers and cost savings opportunities for travel management companies," said Hammond.
Brandon Veach, Online and Automation Systems Manager for TravelCorp International, said, "The enhancements to RESX's Trip Sync functionality have improved the rate of passenger name record imports for one of our largest accounts. So much so, that the account has implemented a new policy requiring travelers to get all itineraries via RESX. This saves time for our agents, allowing them to focus on reservations that need extra attention."
Among other enhancements, the newest release includes: performance optimizations designed to further improve upon RESX's industry-leading application speed, air contract enhancements to allow multiple airfare displays associated with negotiated airline contracts, a new ability to shop, book and modify Amtrak reservations, and the first phase completion of RESX's Electronic and IT Accessibility Standardization efforts, making RESX more accessible to the visually impaired.
About TRX
TRX (NASDAQ:TRXI) is a global technology company. We develop and host software applications that process data records and automate manual processes, enabling our clients to optimize performance and control costs. We are a leading provider to the travel industry and are expanding into financial services and healthcare. We deliver our technology applications in an on- demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. TRX is headquartered in Atlanta with operations and associates in North America, Europe, and Asia. Please visit the company's Website at www.trx.com.
CONTACT: Kira Perdue of Trevelino-Keller Communications Group for TRX, kperdue@trevelinokeller.com, +1-404-214-0722, extension 101
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