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Cleartrip.com, India's Favorite Online Travel Agency, Launches ITA Software's QPX Airfare Pricing and Shopping System.


ITA ITA
abbr.
initial teaching alphabet


ITA initial teaching alphabet: a partly phonetic alphabet used to teach reading

ITA n abbr (BRIT) (= initial teaching alphabet) →
 Continues International Expansion as Leading OTA (Over The Air) Refers to any wireless system such as AM/FM radio and network television that uses open space as its transmission medium.  Is First to Implement QPX QPX Quicktime Player Extension
QPX Compiled Query Program
 in Rapidly Growing Indian Market

CAMBRIDGE, Mass. -- ITA Software ITA Software, Inc. is a travel industry software company in Cambridge, Massachusetts. The company was founded by computer scientists from the MIT Artificial Intelligence Laboratory in 1996.

ITA's first product was an airfare search and pricing system called "QPX".
, Inc., the leading provider of innovative Software as a Service (SaaS) solutions to the travel industry, today announced that Cleartrip.com, India's favorite online travel agency, has launched QPX, the industry's premier management system for airfare pricing and shopping. Leveraging the flexibility of QPX will allow Cleartrip.com to continuously innovate, enhance and improve its Web site while providing customers with the best online shopping experience.

Cleartrip.com, ITA's first customer in India, selected QPX because of its comprehensive, flexible, customizable and scalable capabilities, together with its speed-to-market and ITA's proven track record of innovation. Using Cleartrip.com, customers will now be able to search and book international flight itineraries and will benefit from the extensive airfare shopping capabilities afforded by QPX.

"We selected ITA Software's innovative QPX system to ensure that our international flight search delivers the same best-of-breed user experience as our domestic search. Customers have come to hold Cleartrip's products to a very high standard and working with ITA has helped us deliver what our customers have come to expect from us," explained Hrush Bhatt, founder and director, Product & Strategy at Cleartrip.com. "We're also thrilled to be working with ITA as the two companies are a great fit in terms of culture, innovation and a focus on building cutting edge travel technology."

Cleartrip.com is amongst the top three online travel agencies in India with 35 percent market share. For ITA, partnering with Cleartrip.com has been an important first step in establishing the company's presence in Asia.

"We are proud to have Cleartrip.com as our launch customer in the burgeoning India travel market," said David Peller, regional vice president of business development, EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets.  and India, ITA Software. "This new relationship and successful launch validates our decision to appoint Venkat Chandramoleshwar as Country Manager for India. It confirms our commitment and strategy to being the foremost technology provider in the region."

About Cleartrip

Cleartrip (www.cleartrip.com) was launched in July 2006 and is amongst the top three leading OTAs in India with 35% market share. Cleartrip is very customer oriented and offers convenience, choice without confusion, multiple payment options, competitive prices, exclusive destination information and unparalleled customer support. Cleartrip is built on the promise of providing a reliable, simple and responsible service by offering comprehensive products with competitive pricing, with the mission to making travel simple for the consumers. Through the Cleartrip online website, leisure and business travelers can compare prices and purchase air and hotel products. The current range of products offered by Cleartrip includes search and booking for domestic Indian flights, search and booking for over 3500 domestic hotels and 55,000 international hotels, holiday packages, mobile services for travel, and global destination guides.

Headquartered at Mumbai, Cleartrip has projected a turnover of Rs 1200 Cr. (USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 300 Million) in current fiscal 2008-2009. Cleartrip.com has over 350 employees on board and offers 24x7 customer service.

About ITA Software

ITA Software (www.itasoftware.com) is a leader in providing innovative Software as a Service (SaaS) solutions to the travel industry. ITA developed the industry's most comprehensive airfare shopping system, which is used by leading travel companies such as 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
, Aeroplan, Alaska Airlines Alaska Airlines, (NYSE: ALK) is an airline based in Seattle, Washington, United States. It operates hubs at Seattle-Tacoma International Airport, Ted Stevens Anchorage International Airport, Los Angeles International Airport, and Portland International Airport. , Alitalia, Continental Airlines, United Airlines, US Airways airways Anatomy The 'pipes'–trachea, bronchi, bronchioles–through which air passes to and from the alveoli. See Small airways. , Hotwire, Kayak kayak (kī`ăk), Eskimo canoe, originally made of sealskin stretched over a framework of whalebone or driftwood. It is completely covered except for the opening in which the paddler sits. , Orbitz and others. ITA is currently building a radically new passenger reservation system with launch partner Air Canada. In 2006 and 2007, ITA was named as one of the Best Places to Work by the Boston Business Journal; received the Economic Impact award from the Massachusetts Alliance for Economic Development; and received Deloitte's Technology Fast 500 award. ITA was founded by computer scientists from MIT MIT - Massachusetts Institute of Technology .
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Publication:Business Wire
Date:Aug 7, 2008
Words:626
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