TRX and OAG to Provide Industry’s Leading Airline Carbon Emissions Reporting Service

April 12, 2010

ATLANTA and WASHINGTON, April 12 /PRNewswire-FirstCall/ — TRX, Inc. (www.trx.com) (OTHER OTC: TRXI.PK), a world-leading provider of travel technology, process automation, consulting and data services; and OAG, the global leader in aviation intelligence, providing products and services to the global aviation community, today announced a worldwide reseller agreement to provide access to the leading carbon emissions calculator, the TRX Airline Carbon Emissions Calculator.

Under the terms of the agreement, OAG will resell the TRX Airline Carbon Emissions Calculator and Reporting Services to its customer base including corporations, airlines, and airports needing visibility into carbon emissions generated from air travel. The services provide access to the robust set of calculations and data required to accurately assess the carbon footprint generated from air travel. The service leverages TRX’s proprietary calculation algorithms and data consolidation expertise resulting in one of the most accurate calculators in the industry today.

“Partnering with TRX to further distribute its airline carbon emissions calculation and reporting services not only gives us a great opportunity to deliver a unique resource to our customers, but it is a natural alignment of our vision to be the trusted and undisputed global leader of aviation intelligence,” said Peter von Moltke, Chief Executive Officer, UBM Aviation, parent company of OAG. “TRX’s noted leadership in the area of CO2 reporting and calculation makes them a valuable business partner in meeting our customers’ evolving needs.”

TRX CO2 calculation and reporting services, based on its award winning, proprietary airline carbon emissions calculator, was recently identified by the Stockholm Environment Institute (SEI) as being the best currently available in the market today, citing transparency and overall comprehension as key factors. SEI is an independent, international research institute specializing in sustainable development and environment issues.

Additionally, TRX received the “Best Technology in 2008/2009″ ICARUS Award for Airline Carbon Emission measurement technology from the Institute of Travel and Meetings (ITM). ITM is the leading professional body for buyers, managers and suppliers of business travel in the UK and Ireland with over 1,000 members from large corporations, government departments and NGOs, SMEs, and travel suppliers.

“We are delighted to join forces with OAG, long recognized as a leader in providing aviation intelligence to the air transport industry,” said Shane Hammond, President and CEO, TRX. “Our joint effort will help improve our clients’ ability to accurately track and report airline carbon emissions by providing a highly versatile reporting platform combined with the most expansive underlying data sets and proven calculation methodology available in the industry today.”

About TRX

TRX is a world-leading travel technology and data services provider, offering more than 20 software-as-a-service utilities for online booking, reservation processing, data intelligence, and process automation. 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. We provide patented savings maximization solutions via our travel analytics consulting practice, extending spend management services to travel buyers all over the world. We complement all of these offerings with a global workforce focused on travel process automation and reengineering. For more information about TRX or to contact a TRX sales office, phone 404.929.6100 or visit the company’s Web site at www.trx.com.

About OAG

OAG provides the air transport industry’s most accurate single source of airline information, with products and services sourced from its comprehensive proprietary airline schedules, fleet and MRO (maintenance, repair and overhaul) databases. OAG is a leading brand of UBM Aviation, a global data and information business for the air transport industry. For more information, go to www.ubmaviation.com.


Source: newswire

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