Monday, July 23, 2007

TRX to Auto-Ticket RESX Reservations Through CORREX

Providing RESX Users with Touchless Reservations to Lower the Total Cost of Travel

ATLANTA, PRNewswire-FirstCall/ -- TRX, Inc. , a global technology company that develops and hosts software applications to process data records and automate manual processes, today announced a new bundled service opportunity for participating clients to automatically ticket flight reservations completed through its RESX(R) corporate online booking engine using its industry-leading CORREX(R) reservation processing solution.

RESX is a leading online booking tool allowing corporate travelers to create policy-compliant and on-budget travel reservations via a hosted Web interface. CORREX is a travel reservation processing platform that automates quality control, file finishing, ticketing, and other mid-office activities formerly handled manually by travel agents.


By integrating the two applications, TRX will help its agency distributors and corporate accounts to streamline reservation processing, avoid missed ticketing deadlines, and eliminate the possibility of fare increases that often occur during the lag time between online reservation and actual ticketing. All RESX accredited agencies will have the ability to initiate auto-ticketing regardless of whether or not they are an existing CORREX client.

"By adding auto-ticketing functionality to RESX for a modest incremental transaction fee, we help add value to our distributors' services, while enhancing the end-user experience," said RESX Technologies President, Shane Hammond. "The response from our clients and their corporate accounts regarding the RESX and CORREX integration has been very strong."
Commented MTI Travel Management & Meeting Planning Services CEO, Morris Sherman, "RESX auto-ticketing is a great enhancement! We anticipate that bringing together online booking and automatic ticketing will have a positive impact on our business as we eliminate manual ticketing processes, allowing us to put even more focus on servicing our customers."

Typically, once a corporate traveler makes a travel reservation, the agency of record places the reservation in a queue for further processing and ticketing at a later time. With the new RESX to CORREX integration, the applications will auto-ticket all flights immediately, sending travelers an e-invoice and itinerary in near real time, which also serves to eliminate or reduce phone traffic to travel agents.

Said Hammond, "For small to mid-level agencies without mid-office coverage, RESX's auto-ticketing functionality allows them to function as a 24x7 travel management company. In addition to helping decrease costs, RESX auto-ticketing enables distributors to increase their services and compete more aggressively."
TRX is launching a pilot of the RESX auto-ticketing functionality this week and plans to extend the offering across its client base within 90 days.

TRX recently announced its CORREX Gen6 initiative -- a multi-phased evolution of the CORREX travel reservation processing platform that will incorporate agency and corporate interfaces and take advantage of Web 2.0 innovation. The RESX auto-ticketing integration will leverage the Web 2.0 and Web Services capabilities of both RESX and CORREX.

TRX will feature RESX and the recently unveiled CORREX Gen6 project, along with TRX Travel Analytics and the TRAVELTRAX solution, at the National Business Travel Association (NBTA) convention and tradeshow (Booth #1843) in Boston, Massachusetts next week.

About TRX
TRX is a global technology company. We develop and host software applications that process data records and automate manual processes, enabling our clients to optimize performance and control costs. We are a leading provider to the travel industry and are expanding into financial services and healthcare. We deliver our technology applications in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. TRX is headquartered in Atlanta with operations and associates in North America, Europe, and Asia. For more information, please visit http://www.trx.com.