Datalex and Bibit Partner to Provide Airlines with a Multi-National Online Payment Solution.Business Editors DUBLIN, Ireland & BUNNIK, Netherlands--(BUSINESS WIRE)--May 5, 2004 Travel Suppliers Can Provide Payment Methods Appropriate to Each Country and Market of Operation Global travel solutions provider, Datalex (ISE Ise (ē`sā), city (1990 pop. 104,164), Mie prefecture, S Honshu, Japan, on Ise Bay. It is one of the foremost religious centers of Shinto, the site of the shrines of Ise. : DLE (character) DLE - Data Link Escape, the mnemonic for ASCII 16. )(OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : DLEXY), announces a partnership with Bibit, one of the world's leading payment service providers, whose technology is now integrated with Datalex's premier Internet booking engine. Bibit specializes in processing payments originating from multiple sales channels, including Internet, call centers, mobile applications and point-of-sale, over an Internet infrastructure. The company's multi-lingual, end-to-end payment service adds a proven payment component to Datalex's already extensive solutions offering. "With the growth of online booking systems across national boundaries, our travel industry customers are seeking ways to accept and reconcile payments in multiple currencies online as well," said Damian Hickey, senior vice president of Business Development for Datalex. "Through this partnership we are able to provide a single solution that allows payment transactions to be completed through a variety of methods appropriate to the online purchaser and vendor, wherever they are located." Synergy Datalex provides technology to leading travel industry suppliers across the globe and has an in-depth understanding of the issues involved in online booking. The Bibit payment service, while originating from e-retailing, over time has been tailored to meet the needs of a rapidly growing number of international travel businesses, including both airlines and travel portals such as Expedia. Together, the companies offer unequaled technical expertise in making online travel booking and paying work, whatever the client's situation. The technical relationship has already been proven in the integration of Datalex's online booking engine with Bibit's payment platform for a major mid-east airline customer. "The synergy with Datalex has already resulted in an integral airline solution we're proud to present to the market," says Pieter van der Does, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition Sales and Marketing for Bibit. "Our shared understanding of our clients' needs, combined with both parties' global presence, positions us for enhancing this even further." About Bibit Bibit Global Payment Services (www.bibit.com) is one of the world's leading Payment Service Providers. Bibit specialises in processing payments, originating from various channels, over an Internet infrastructure. The company provides a multi-lingual, end-to-end Payment Service that combines over 75 multi-currency and international payment methods into a single digital solution. The long list of payment methods ranges from conventional credit and debit cards, to on- and off-line methods that are specific for the country in which the customer lives, including direct debit, Elektronisches Lastschriftverfahren (ELV), carte bancaire and open invoicing. Bibit's service offering includes full reconciliation and administrative services. The Payment Service seamlessly integrates into existing transaction generating platforms and is equipped with dedicated interfaces for specific industries and sales channels. Bibit operates on a global scale, through offices in Germany, France, Spain, the United Kingdom, the Netherlands, the United States and Japan. In 2003, the combined value of payments processed over Bibit's payment platform approached EUR EUR In currencies, this is the abbreviation for the Euro. 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. 3 billion, up from EUR 1 billion in 2002. Bibit's international client list includes multi channel retailers, as well as call centers, pure webshops, and physical points-of-sale. Customers include companies such as Dell, Expedia, Apple, TUI/Hapag Lloyd, Transavia, Virgin Express, The Financial Times, Vodafone, and NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Computers International. Bibit is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . About Datalex Datalex provides technology to leading global travel industry suppliers and distributors that enables them to aggregate and package a broad range of travel components for distribution across multiple sales channels. Datalex's customers include Aer Lingus, Air Canada, Amadeus, American Express, ATA Airlines, Amtrak Amtrak, the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run , Best Western International, California State Automobile Association The California State Automobile Association is a motor club dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions. It was founded in 1907 as an offshoot of the Automobile Club of Southern California (ACSC) to serve members in Northern , Delta Air Lines, Deutsche Telekom, Disney Cruise Lines, Emirates Airline, Galileo, GoHop.ie, Japan Travel Bureau, KLM, Korean Airlines, LasVegas.com, Malaysia Airlines, Norwegian Cruise Lines, Page & Moy, Siemens UK, Saudi Arabian Airlines Saudi Arabian Airlines (Arabic: الخطوط الجوية العربية السعودية) is the national airline of Saudi Arabia, based in , Singapore Airlines, SilkAir, SNCF SNCF Société Nationale des Chemins de fer Français (French National Railways) SNCF Sans Nous les Cafés Ferment (French) , South African Airways South African Airways (SAA) is South Africa's largest domestic and international airline company, with hubs in Cape Town and Johannesburg. It is also known in Afrikaans as Suid-Afrikaanse Lugdiens (SAL) , Thomas Cook, Trailfinders, TravelBag, Travelcare, T-Systems, Vail Resorts Inc., Unisys, WEXAS and Worldspan. Founded in 1985, the company is headquartered in Dublin, Ireland, and maintains offices across Europe, the USA and Asia-Pacific. Datalex is a publicly held company traded on the Irish Stock Exchange The Irish Stock Exchange (ISE) (Irish: Stocmhalartán na hÉireann) is Ireland's stock exchange, formed through the merger of the Cork and Dublin exchanges, both of which have existed as far back as 1793. (symbol: DLE, and also OTC: DLEXY). For more information, please visit the company's Web site at www.datalex.com. This press release contains certain forward-looking statements. Actual results may differ materially from those projected or implied in such forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results. |
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