SCS SOLARS Signs Long-Term Contracts With Significant Global Providers of Travel Services.VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 9, 1999-- (CDNX CDNX See Canadian Venture Exchange (CDNX). :SCS.) SCS SOLARS Computing Systems Inc., a leading developer and provider of business-to-business travel information systems, announced today that it had signed six five-year contracts and one three-year contract with seven international air consolidators and travel companies. The companies will use the SOLARNET SOLARNET Solar Archive Network (Italy) Travel System or NEWSWIRE to distribute their travel products world-wide. "We are extremely pleased with the signing of these companies because the recurring contracts will result in an annual increase of 8.9 per-cent to the existing revenue base," said Solars' Chairman, Frank Wells Frank Wells (March 4, 1932 - April 3, 1994), was an American entertainment businessman. Previously, Wells had worked for Warner Brothers as its Vice President of West Coast in 1969, then in 1973 as President, and in 1977 as Vice Chairman until he left the company in 1982. . "Equally importantly, however, these signings underscore The underscore character (_) is often used to make file, field and variable names more readable when blank spaces are not allowed. For example, NOVEL_1A.DOC, FIRST_NAME and Start_Routine. (character) underscore - _, ASCII 95. the fact that the travel industry has now recognized the importance of our on-line system which gives travel operators and suppliers total market exposure to every travel agent," added Bob Wilson Bob Wilson is the name of:
The new contracts were signed this month with the following companies: * Activelifestyle - A Multi Media Network headquartered in Thailand, Activelifestyle provides a variety of specialty sports travel packages. * Centrav USA - This leading mid-west air consolidator has a reservation staff of 30 and annual revenues of $15-million. * Citibond Travel - Citibond is one of the largest air consolidators in the United Kingdom and has an international air program, involving 15 airlines. * Concorde International Travel - The South-Pacific's largest travel company, Concorde provides a full range of travel services with over $1-billion in annual sales. * Globespan Canada and Jetset Canada - Two of Canada's leading air consolidators, both have access to 14 airlines and offer global connections to 73 different countries. * Guildfare - The air consolidator for the Guild of British Travel Agents (GBTA GBTA Greater Bridgeport Transit Authority (Connecticut) GBTA Guild of Business Travel Agencies ) in the U.K., Guildfare has been in business for more than 30 years. Collectively the GBTA dominates the business market with more than 80 per-cent of the share of agents' business air travel bookings. SCS SOLARS Computing Systems Inc. is the developer and provider of proprietary software solutions that help improve the productivity and profitability of travel vendors and travel retailers worldwide. SCS SOLARS is a public company, trading on the Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) (CDNX) under the symbol SCS. The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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