Puget Technologies Signs Distribution Agreement With RoomsXML
10 Febrero 2015 - 5:00AM
eTeligis
ENGLEWOOD, CO(Eteligis Inc.)
ENGLEWOOD, CO, United States, via ETELIGIS INC., 02/10/2015 - -
Puget Technologies, Inc. ("the Company") (OTCQB: PUGE), announced
today that its travel division has signed a distribution agreement
with RoomsXML, a leading online accommodation provider based in
India. Under the terms of the contract, Puget Technologies will
resell RoomsXML's entire inventory of more than 80,000 hotels
located in 1,000 destinations worldwide. Hotels include
international chains such as Best Western, Cendant, Carlson,
Hilton, Hyatt, Intercontinental, LaQuinta, Marriott, Starwood, and
more.
According to the research firm Phocuswright, online booking
revenue increased 9.2%, three times the growth rate of travel
spending, in the last year. This growth is attributed to an influx
of online travel consumers in developing countries. Larson Elmore,
CEO and President of Puget Technologies, said, "As a strategic
partner, RoomsXML enables us to broaden our product offerings and
reach a greater number of travelers seeking to book travel
online."
Elmore continued, "Our travel division's proprietary technology
can easily integrate online accommodation offerings, such as those
provided by RoomsXML, into existing air, ground transportation, and
tourism activities. This creates a one-stop shopping experience for
our customers that make online searching and booking of travel
packages quick and easy. With our preferred provider relationships,
we also can pass our savings directly on to the consumer with the
best competitive rates. We expect this distribution agreement to
attract sales in emerging and developed markets."
About RoomsXML
RoomsXML supplies XML feeds exclusively to the travel trade
industry. As an innovator in online accommodation distribution,
RoomsXML offers robust technology, de-duplicated inventory,
dependable 24x7 global support, and competitive net rates. As of
February 2015, the company had 80,629 global properties which were
ranked 3-star and higher. Based in India, RoomsXML was selected as
one of the country's top 100 small to mid-sized enterprises of 2014
by Dun & Bradstreet. RoomsXML also has offices in the United
States, the United Kingdom, Australia and Ukraine. For more
information, visit www.RoomsXML.com.
About Puget Technologies, Inc.
Puget Technologies is a diversified holdings and technology
company targeting acquisitions with significant growth potential.
The Company's first acquisition of an online travel technology firm
is being leveraged to attract other merger and acquisition
candidates in the online travel industry. In addition, the Company
is evaluating leading-edge technologies that are ready for rapid
commercialization. Puget Technologies' multi-discipline approach is
designed to reduce risk exposure, generate multiple revenue
streams, and help private companies in various industries to
accelerate funding timelines. For more information, visit
www.PugetTechInc.com.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks
and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.
CONTACT:
Larson Elmore, CEO
Puget Technologies, Inc.
www.PugetTechInc.com
Phone: (303) 524-1110
Larson.E@PugetTechinc.com
SOURCE: Puget Technologies, Inc.
Associated Documentation:
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=28035
- Link to submission on http://www.eteligis.com
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