e-Travel Marks Five Years of Industry Leadership and Technology Advances.Business Editors, Travel Writers WALTHAM Waltham (wôl`thăm, –thəm), city (1990 pop. 57,878), Middlesex co., E Mass., a suburb of Boston, on the Charles River; settled c.1634, set off from Watertown 1738, inc. as a city 1884. , Mass.--(BUSINESS WIRE)--Sept. 4, 2001 Enterprise Travel Management Standards Compel Compel - COMpute ParallEL 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 (database) ETM - An active DBMS from the University of Karlsruhe. ), 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 con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. offer our customers the best resources available in the industry," said Scott Gutz, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 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 according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. 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 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. 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 1. visionary - One who hacks vision, in the sense of an Artificial Intelligence researcher working on the problem of getting computers to "see" things using TV cameras. (There isn't any problem in sending information from a TV camera to a computer. 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 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 , 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 , Continental Airlines, Delta Air Lines, The Hertz hertz (hûrts) [for Heinrich R. Hertz], abbr. Hz, unit of frequency, equal to 1 cycle per second. The term is combined with metric prefixes to denote multiple units such as the kilohertz (1,000 Hz), megahertz (1,000,000 Hz), and gigahertz 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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