OLNK NEWS!
OLNK OneLink Closes Second Deal Under New Sales Initiative
PR Newswire - January 3, 2007 7:30 AM (EDT)
SAN FRANCISCO, Jan 03, 2007 /PRNewswire-FirstCall via COMTEX/ -- OneLink Corporation (OTC PINKSHEETS: OLNK) announced today that it has closed a contract with the Vertical Group, one of the UK's leading providers of travel IT solutions. The Vertical Group currently services over 10,000 travel professionals, and is one of the oldest and most established IT solutions providers in the industry. This marks the second major contract that OneLink has closed in the past 30 days, and builds upon the market opportunity created by the signing of partner Red Sky IT (also representing approximately 10,000 UK travel professionals).
"We are thrilled to team up with a respected group like Vertical," remarked Bill Guerin, OneLink chairman & CEO. "With the addition of a second major partner in the UK travel distribution market, we are confident of establishing a strong presence in this major European travel market when these two systems integrations are completed. Our ability to provide travel agents with guaranteed commissions on hotel bookings will give us a truly compelling advantage in this market."
The OneLink service contract provides for a dynamic XML link to the innovative booking engines and desktop systems provided by the Vertical Group. As part of the Vertical Group, OneLink will work with TARSC and integrate with their travel agency management systems. "Performing integrations with both Vertical Group and Red Sky IT in parallel will be very favorable to our costs and timeline for going live, accelerating our time to market and realization of potential transaction revenue," commented Guerin, "This is a very exciting time for OneLink."