Crystal Hires American Airlines Veteran Troni to Lead IntelliFares(TM) Business
15 Mayo 2007 - 9:07AM
PR Newswire (US)
DUBLIN, Ireland and MORRISTOWN, N.J., May 15 /PRNewswire-FirstCall/
-- Crystal International Travel Group (OTC:CINT) (BULLETIN BOARD:
CINT) announced today it has hired Mr. Robert H. Troni as President
and Chief Operating Officer of its IntelliFares subsidiary,
effective immediately. Mr. Troni spent the bulk of his 37-year
career at American Airlines, a subsidiary of AMR Corporation
beginning in positions ranging from sales to Managing Director,
International Sales and Marketing focusing on the Caribbean,
Mexican and Latin American Markets. After leaving American, he
spent the last few years founding and running Troni Marketing
Group, where he created Global Booking Solutions. He will report
directly to Peter Dugan, Managing Director of Crystal's
IntelliFares Limited subsidiary and member of the Crystal and
IntelliFares boards, and divide his time between Ireland and the
US. According to Dugan, "Bob is not only a senior statesman of the
industry, but one of its rare visionaries, as he drove the creation
and implementation of two of its pillars, "non-refundable" tickets
and the "wait-list" tracking and management system. In addition,
Bob was also instrumental in the successful integration and
expansion of the Eastern Airlines assets in the early 90's,
transforming the Latin America and Caribbean hub into AA's biggest
revenue earning division (which it still is today). Attracting and
hiring a gentleman of this caliber is testament to the validity of
the IntelliFares product, and the business can only benefit from
his experience in launching new, business defining concepts in
travel," stated Dugan. "I see IntelliFares as another foundational
improvement for the industry," Troni remarked. "It represents a
real value for consumers, brings some revenue for ticket sales back
to the agent market, and can be of tremendous help to carriers
with, what we believe is its ability to improve yield, revenue
management and resource utilization. I also believe the process is
extendable to the lodging and ground transport business." Crystal
CEO Fabrizzio P. Busso-Campana said, "While Dugan will continue
leading IntelliFares strategically, he clearly will benefit from
Bob's airline experience handling its day to day operations." About
IntelliFares(TM) IntelliFares is a unique, travel product where
Predictable Pattern Travelers (Timeshare and vacation homeowners,
recurring cruisers, college students) can purchase "five years of
travel at less than today's price." The patent pending process
integrates forward and bulk purchasing disciplines with financial
management methodology in partnership with UBS in order to lock in
a price for the consumer over a five-year time horizon. It also
provides a revenue share for distributors, reversing the decline in
commissions available to the airline ticket distribution community.
Details can be found at http://www.intellifares.com/. Safe Harbor
Statement This press release contains forward-looking statements,
which are made pursuant to the Safe-Harbor provisions of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements reflect the views of Crystal
International Travel Group, Inc. s (the "Company") management
regarding current expectations and projections pertaining to future
events and are based on currently available information. The
statements involve a number of risks and uncertainties, including
the Company's ability to generate sufficient sales for
IntelliFares, the completion of its distribution network and other
factors described in the Company's respective filings with the
Securities and Exchange Commission. Other unknown or unpredictable
factors also may have material adverse effects on Crystal's
business, financial conditions and results of operations.
Accordingly, readers should not place undue reliance on these
forward-looking statements. The use of words such as anticipates,
estimates, expects, is in process, intends, plans and believes,
among others, generally identify forward-looking statements;
however, these words are not the exclusive means of identifying
such statements. In addition, any statements that refer to
expectations, projections or other characterizations of future
events or circumstances are forward-looking statements and are
inherently subject to uncertainties, risks and changes in
circumstances that are difficult to predict. The Company is not
under any obligation and does not intend to publicly update or
review any of these forward-looking statements, whether as a result
of new information, future events or otherwise, even if experience
or future events make it clear that any expected results expressed
or implied by those forward-looking statements will not be
realized. DATASOURCE: Crystal International Travel Group CONTACT:
Fabrizzio P. Busso-Campana, Crystal International Travel Group,
Inc., Tel.: +1-973-644-0900, Fax: +1-908-349-3043, Web site:
http://www.intellifares.com/
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