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[2] Global Reservation Systems Changes Name to GRSNetwork.


Business Editors/Internet & Travel Writers

CORTE MADERA Madera (mədâr`ə), city (1990 pop. 29,281), seat of Madera co., central Calif., in the San Joaquin valley; inc. 1907. Wine, machinery, consumer goods, and plastic products are produced, and a granite quarry is there. , Calif.--(BUSINESS WIRE)--April 18, 2000

Global Reservation Systems, a business-to-business-to-consumer Internet distribution company for travel agents, corporate travel managers, travel suppliers, and home-based agents announced that effective immediately it will do business as GRSNetwork.

"GRSNetwork better portrays the company's rapid expansion into other channels linking travel agents and other businesses to thousands of product and service suppliers," said Gregory Lykiardopoulos, GRSNetwork Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "GRSNetwork will continue to expand into many different industries that can benefit from its proprietary transaction-based technologies."

"GRSNetwork has engineered and deployed a dynamic suite of business products and a comprehensive network empowering agents to compete effectively in an e-commerce environment," said Terry Lazar, GRSNetwork Sr. Vice President Business Development. "While the GRSNetwork focus has been on the small to mid-size agency customers, several GRSNetwork products and the GRSNetwork consumer engines, ResLink(TM), CruiseLink(TM) and TourLink(TM) appeal to our a broader group of potential partners. While this opens the door to international distribution agreements and contracts with much larger entities, we'll continue to serve and develop products for our agency customers."

About GRSNetwork

GRSNetwork is the leading developer of electronic commerce networks, providing transaction-based merchandising merchandising

Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product.
 of affinity goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax.  through industry-specific channels.

GRSNetwork has developed a powerful suite of Internet-based, point-and-click tools that provide travel agents a new choice in CRS CRS Course
CRS Certified Residential Specialist (real estate certification)
CRS Central Reservation System
CRS Can't Remember Stuff (polite form)
CRS Cost Reduction Strategy
CRS Consumer Relations Specialist
, including key product offerings such as TravelExpert(TM), PrintServer(TM), IAR IAR - Instruction Address Register.

The IBM name for program counter.
 Interface(TM), CruiseExpert(TM) and TourExpert(TM). GRS GRS Graduate School (universities)
GRS Great Red Spot (feature of Jupiter)
GRS Gender Reassignment Surgery
GRS Gamma Ray Spectrometer
GRS Graduation Rate Survey
GRS General Records Schedules
 has also obtained trademarks for ResLink(TM), CruiseLink(TM), and Tour Link(TM) to support a business-to-business-to-consumer model that empowers GRS agency customers to book consumer air, car, hotel, cruise and tour bookings, 24x7, through their own individually branded web sites supplied by GRS.

Commissionable services such as foreign currency, travelers' checks, travel insurance, passport passport

Document issued by a national government identifying a traveler as a citizen with a right to protection while abroad and a right to return to the country of citizenship. It is normally a small booklet containing a description and photograph of the bearer.
 and visa services, and event ticketing, are integrated in to the web-based professional products and offer agencies the ability to increase service and revenues.

For more information about GRSNetwork, visit the website at www.grsnetwork.com or call 415/289-4200.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 19, 2000
Words:339
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