AirTreks Names Former Sabre President & CEO as CEO; Kathy Misunas to Take the Helm of the Leading Around-the-World Travel Company.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Aug. 9, 2001 AirTreks(TM), the leader in Multi-Stop International travel technology and services, today announced the appointment of Kathy Misunas, former President and 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. of AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Corporation's Sabre Group, to the position of CEO. She will assume the position immediately. Misunas brings more than 20 years of senior executive experience across a wide variety of corporate environments. During her five years at the helm of The Sabre Group, Misunas held overall responsibility for the company's $1.5 billion annual revenue in travel, tourism, and technology-related businesses, and led the company through a period of unprecedented growth. At AirTreks, she will oversee the Company's consumer and travel industry strategies, manage an aggressive growth phase, and direct its unique focus on making Multi-Stop International air travel easy and affordable. "Multi-Stop International air travel is a significant and growing niche within the travel industry," Misunas said. "With AirTreks' advanced technology and expert service, the Company is clearly leading the charge toward making Around-the-World travel much easier and more affordable." With Misunas' appointment to the CEO role, AirTreks founder Jim Pilaar will retain the position of President of the Company. "Kathy Misunas' executive skills and experience, her love for travel, and her desire to make travel arranging easier makes her an ideal CEO for AirTreks," Pilaar said. "With her help, AirTreks can continue its aggressive growth, expansion, and new technology development with confidence." Misunas joined AMR in 1973 as an American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the reservations salesperson. During her 22 years of service to the company she held a variety of sales, business development, and product development and operations management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. positions before becoming President and CEO of The Sabre Group in 1988. From 1996 to 1998, Ms. Misunas left Sabre to become CEO of the Reed Travel Group, a major travel publishing corporation, where she directed a period of corporate restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). and was responsible for the establishment of several new brands. In 1999, Ms. Misunas co-founded and served as CEO and Chairperson chairperson Chairman The head of an academic department. See 'Chair.', Cf Chief. of brandwise, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. business created to address the needs of consumers, retailers and manufacturers relative to various home durables Durables A category of consumer goods, durables are products that do not have to be purchased frequently. Some examples of durables are appliances, home and office furnishings, lawn and garden equipment, consumer electronics, toy makers, small tool manufacturers, sporting goods, . About AirTreks AirTreks(TM) is the leader in Multi-Stop International travel technology and services. The Company has long been the best source on the Internet to plan and purchase Around-the-World, Circle-Pacific, and other multi-continent trips. TripPlanner(TM), AirTreks' flagship Internet application, is a revolutionary technology that enables visitors to create a customized itinerary -- with an unlimited number of destinations -- and receive instant prices. The AirTreks suite of proprietary travel software also includes TripJournal(TM), the Internet's first and only travel diary, and TripMail(TM), an integrated Web-based email Web-based email or webmail is a term referring to an e-mail service intended to be primarily accessed via a web browser, as opposed to through an application such as Microsoft Outlook or Outlook Express, Mozilla's Thunderbird or Apple's Mail. service. AirTreks' unique Global Sourcing(TM) strategy makes it possible to provide Multi-Stop International air tickets at a fraction of the price offered by traditional travel agents and airlines, often at 30% to 50% off published fares. In addition, the AirTreks staff is composed of some of the most knowledgeable and experienced travel counselors in the world. For more information, please visit the Company's Web site at http://www.airtreks.com. |
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