BSP Onelink Inks Deal for 1st Distributor in North America.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--Sept. 9, 2003 BSP BSP Bromsulphalein, a dye used in the study of liver function. See also sulfobromophthalein clearance test. ONElink, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BSPO) has appointed Travel & Tourism Solutions (TTS (1) See text-to-speech. (2) (Transaction Tracking System) Software that monitors a transaction until completion. In the event of a hardware or software failure, it ensures that the database is brought back to its former state before the attempt to ) Inc., based in Ottawa, as its distributor for Canada, marking its first entry into the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market. "We are very pleased to be entering the North American market," said Roger Emsley, Managing Director of BSP Onelink's UK-based operating company operating company A business that engages in transactions with outsiders. . "We believe that the Canadian market has tremendous potential for us - Canada is a terrific tourism destination. "We are also pleased to be associated with Travel and Tourism Solutions and their Managing Director, Terry Ohman," added Emsley. "Terry has a wealth of experience in the Canadian travel and tourism scene and his background in distribution is a significant asset to BSP ONElink." "From my company's association with the Canadian travel and tourism industry I am convinced that BSP ONElink will help Canada's travel and tourism suppliers achieve their full potential by introducing Canada to a global network that offers them an end to end integrated service - from distribution to settlement," Ohman said. BSP Onelink's service, developed in collaboration with the International Air Transport Association (IATA IATA International Air Transport Association, which sets the rules for air transport, including those concerning air transport of animals. ) and a group of technology partners, will provide the Canadian travel and tourism industry access to the same proprietary global settlement service that the airlines have used for the last 30 years. With nearly twenty million tourists arriving in Canada per year, BSP ONElink has a significant opportunity in an untapped market. "Travel agents around the world will benefit from the wealth of product that Canada has to offer, and now they have access to a one-stop distribution and payment portal," said Bill Guerin William 'Bill' Robert Guerin (born November 9 1970, in Worcester, Massachusetts) is a professional ice hockey right wing for the NHL's New York Islanders. Playing career Bill Guerin has played for the Dallas Stars, the Boston Bruins, the Edmonton Oilers, the St. , Chairman of San Francisco-based BSP ONElink. "The system's benefits to travel suppliers and travel agents are considerable: It lowers the cost of doing business, increases efficiencies, improves cash flow through electronic payments, and enhances distribution potential. "There are more than 55,000 IATA-accredited travel agencies worldwide representing over 200,000 agents through which BSP ONElink will promote Canada. With BSP ONElink soon to be providing access to travel agents based in Europe there is immediate growth potential for Canadian tourism," Guerin added. Nearly a million tourists from the UK and Ireland visit Canada each year, while Europe as a whole is the second-largest source of tourists to Canada behind the U.S. About BSP ONElink: www.bsponelink.com With headquarters in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and operations in the United Kingdom, BSP ONElink, Inc., was established by a consortium of companies in response to the results of a study carried out by IATA in 2001. Through connections to key travel industry reservation systems and proprietary distribution networks, BSP ONElink will "link" travel suppliers large and small to IATA's Billing and Settlement Plans (BSP) system, which provides airline and associate company members around the world with financial settlement, fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. , and management information. About Travel & Tourism Solutions (TTS) Inc.: Travel & Tourism Solutions (TTS) Inc. has been created to help tourism businesses and destinations maximize their success by facilitating strategic alliances with complementary service providers. Much of the Canadian tourism industry knows Managing Director, Terry Ohman through his work at the Canadian Tourism Commission The Canadian Tourism Commission (CTC) was created in 1995 to promote Canadian tourism in order to capitalize on a major international industry. The CTC states that it "is dedicated to promoting the growth and profitability of the Canadian tourism industry by marketing Canada as a or in an earlier role as national Executive Director of the Association of Canadian Travel Agents (ACTA). TTS is also a representative for Baxter Publications Inc., publisher of the Canadian Tourism Resource Guide, Canadian Travel Press, Travel Courier, the Personnel Guide and other quality print and electronic publications and services. About IATA: www.iata.org http://www.iata.org/bsponelink/index Headquartered in Montreal, Canada, and with a main office in Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. , Switzerland, IATA is the trade association of the international airline industry. Founded in 1919, IATA today represents almost 280 airlines that handle more than 95 percent of all internationally scheduled flights scheduled flight schedule n → vol régulier scheduled flight schedule n → Linienflug m . IATA's commercial objective is to ensure that people, freight, and mail can move around the vast global airline network quickly and efficiently -- as if they were on a single airline in a single country. The organization's operational objective is to ensure that members' aircraft can operate safely, securely, efficiently, and economically under clearly defined and understood rules. This press release is not a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell securities. This press release includes "forward looking statements" as defined by the Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate in the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future performance. Actual results or developments may differ materially from those projected in the forward-looking statements as a result of many factors, including delays in development and implementation of the Company's system, market acceptance of the new system, assistance of IATA and problems in obtaining the requisite financing. Furthermore, the Company does not intend (and is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. ) to update publicly any forward-looking statements. The contents of this release should be considered in conjunction with the warnings and cautionary statements contained in the Company's recent filings with the SEC. |
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