e-Travel Marks Five Years of Industry Leadership and Technology Advances.Business Editors, Travel Writers WALTHAM, Mass.--(BUSINESS WIRE)--Sept. 4, 2001 Enterprise Travel Management Standards Compel Corporations to Travel "Smart" and Save Money Through Online Booking As the economy continues to show signs of strain, more and more companies are looking at ways to better manage and control the costs of business travel. Implementation and active use of Internet-based travel management is now moving to the forefront of the corporate travel process. e-Travel, Inc., the leading provider of hosted technology services for Enterprise Travel Management (ETM ETM - Education Through Music, Inc ETM - Educational Teleconsortium of Michigan ETM - Effective Time Management ETM - Elapsed Time Meter ETM - Electronic Technical Manual ETM - Electronic Ticket Machine ETM - Electronic Town Meeting ETM - electronic transmission (US DoD) ETM - Electronically Transmitted Message ETM - Element Test and Maintenance (ASIC test interface) ETM - Elintarviketieteiden Maisteri (Finnish: Master of Food Science)), celebrates five years of innovation for corporate travel. As a result of its recent acquisition by Amadeus, the company is now also poised to emerge as the industry's most comprehensive provider of global online business travel services. Significant success in providing cost-savings to corporations, evidenced by two of the largest and most successful mandates for corporate travel to date, coupled with a history of advocacy and leadership, serve as highlights from the company's first five years. "We've worked hard to position ourselves as the leader - in terms of technology and industry expertise - for corporations that need to manage their business travel. Everything we do is an effort to continually offer our customers the best resources available in the industry," said Scott Gutz, CEO of e-Travel. A pioneer in business travel technology, e-Travel has defined the industry's direction since its inception. Industry firsts are a way of business for e-Travel, including: --First to book travel according to corporate policy. --First to offer seat selection. --First to create and activate direct links. --First to provide booking through wireless devices. --First to provide an Internet-based administrative module. --First to migrate to an XML-based architecture that facilitates Internet-based system integration with multiple/alternative inventory sources. --First to offer low-cost fulfillment for online managed travel transactions. --First to adopt Enterprise Travel Management (ETM) as a platform for comprehensive Internet-based travel management. Additionally, e-Travel's dramatic success in driving online utilization serves as a model for companies seeking the greatest cost-savings through managed travel. Recent examples include a mandate by Oracle Corporation, and Gateway Inc.'s requirement that employees initiate travel booking online. Details about the successes of these companies and others are available at http://www.e-travel.com/success.htm. On average, e-Travel customers enjoy the highest average utilization rate in the industry - greater than 20 percent. "For many, some of the concepts and initiatives we have introduced, including direct links, were radical. Over time however, our customers and the industry have come to recognize how visionary we truly are. With our new relationship with Amadeus, we fully expect to continue to set the pace for the rest of the industry to follow," said Gutz. About e-Travel, Inc. e-Travel, Inc., provides hosted technology services for Enterprise Travel Management (ETM). e-Travel's online suite for ETM supports comprehensive Internet-based travel management and includes the eTLink(SM) capability, an exclusive direct links technology between travel buyers and travel suppliers. e-Travel partners include American Airlines, Amtrak, Continental Airlines, Delta Air Lines, The Hertz Corporation, National Car Rental, SatoTravel, StarCite and Pegasus Solutions, which represents more than 150 hotel chains worldwide. e-Travel's ETM suite is used by major global corporations, including Ingersoll-Rand Company, Oracle Corporation, Philip Morris Companies Inc., and Vivendi Universal. e-Travel is on the Web at www.e-travel.com. Copyright 2001, e-Travel, Inc. All rights reserved. e-Travel is a registered trademark of e-Travel, Inc. e-Traveler and eTLink are service marks of e-Travel, Inc. All other trademarks belong to their respective owners. |
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