Triton Distribution Systems To Buy ZTS

Oct 10, 2008 (financialwire.net via COMTEX) -- TTDS | Quote | Chart | News | PowerRating -- October 10, 2008 (FinancialWire) -- Triton Distribution Systems (OTCBB: TTDS | Quote | Chart | News | PowerRating) (Current Market Cap: US$5.88 Mil.) has agreed to acquire Germany-based travel distributor ZTS.

ZTS operates in Germany, Switzerland, Poland, Russia, and Eastern Europe, posting annual sales revenue exceeding $147 million and gross revenues estimated to reach $4 million, with a net profit of $700 thousand in 2008. Following the acquisition, Triton will realize this revenue on its balance sheet.

Triton and its next generation booking tool, ReservationExpert will process all the $147 million revenue in travel and additional requests that include TUI AG, one of the world's largest tourist firms owning travel agencies, hotels, airlines and cruise ships.

The company said it also inherits ZTS' agreements with European rail line Deutsche Bundesbahn, resort chain Steigenberger Hotels, Best Western Europe, Thomas Cook Travel, 75 tour operators and others.

Triton will also have immediate access to 3 major GDS'; Worldspan, Amadeus and Sabre, this along with Triton's complete access to Galileo creates a full global reach of content options for ReservationExpert(tm) users.

The company also said it gains additional tools including IATA membership, a CRM tool, cash management and travel fulfillment, a customer call center and marketing and sales professionals.

ZTS has a web-based reservation system, a suite of travel tools, and offers fulfillment, customer support and database management.

Sausalito, California-based Triton Distribution Systems offers business-to-business, internet-based travel distribution and procurement solutions.

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