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Press releases 2004 Abacus signs strategic technology partnership with Galor for travel and leisure content automation and distribution. Abacus International has tied up with cutting edge travel technology firm Galor Systems and Software Development Ltd. to offer a fully integrated solution for the leisure travel industry. This state of the art, user-friendly travel management and distribution solution is a platform for content suppliers and operators to host, manage, and distribute their travel content. This proven technology is currently being used for automation in the US, Europe, and the Middle East. No.09/2004 Singapore 24 February 2004 The platform will enable travel and leisure content suppliers that specialize in tour packages, cruises, ferries, rail and road transport, and insurance to electronically distribute their products to more than 10,000 travel agents in 20 countries in Asia Pacific. The platform is based on an ASP model with both window and web-based interfaces. It offers a host of features to both suppliers and agents. Content suppliers can now comprehensively integrate their operations from product and inventory management, agent-supplier management and distribution, to accounting and reconciliation. Key functionalities include dynamic packaging and pricing capabilities as well as multi language and currency compliance. “This travel management and distribution system is an ideal solution for the Asia-Pacific travel and leisure market, which is not only enjoying rapid growth, but also facing a need to automate and simplify its distribution process in all channels. The key benefits of travel management and distribution system include: tremendous yield improvements to suppliers, substantial additional business to travel agents, and one-stop-shop convenience to travellers, ” said Mr. Rogelio Sarreal, Vice President and Head of Associate Sales, Abacus International Pte. Ltd. He added, “It will help all stakeholders in the Asia-Pacific travel and leisure industry reap substantial cost savings and productivity improvement benefits.” Galor Systems and Software Development Ltd. has developed the ultimate system – the most comprehensive end-to-end solution for any type of travel business, including a fully integrated Internet booking engine. Galor’s system is already installed in over 700 organizations worldwide, and the company is constantly growing and expanding its international presence. “Galor is pleased to partner with Abacus and offer this sophisticated, and user-friendly solution ” said Mrs.Orly Livnoni, Galor Systems and Software Development Ltd’s CEO. “Our commitment, together with Abacus, is to provide the market with the finest technological tools, to allow all players the opportunity to take part in this ever-changing world,” added Mrs. Livnoni. For Abacus International, this new product means an opportunity to cater to new market segments and drive revenue diversifications while complementing the core business of airline ticketing distribution. The platform is also positioned to accomplish Abacus International’s vision to be the number one facilitator for the travel and leisure industry. Please click for the original Press Release |