EMERYVILLE, Calif. and FORT WORTH, Texas, June 30 /PRNewswire/ --
Extensity, Inc., a leading e-business applications company, and Sabre
(NYSE: TSG) today announced development plans to integrate their end-to-end
corporate travel management systems. This is the first integration of Sabre
Business Travel Solutions(R) with a 100 percent Java-enabled expense
management application to allow users access either online or offline from a
laptop, PC or handheld device. This expense application is part of
Extensity's e-Business Application Suite.
This integration will provide users with a hassle-free way to complete
both the administrative and e-commerce components of business travel from the
convenience of one Web-based application. Once implemented, this application
will help customers of Extensity and Sabre further streamline corporate travel
processes and leverage the Internet to realize a greater return on their
"Sabre develops integrated solutions with leading e-business applications
companies to deliver highly functional solutions for the rapidly changing
world of corporate travel," said Nancy Raynor, senior vice president of Sabre
and general manager for Sabre Business Travel Solutions(R). "We believe that
forging relationships with forward-thinking corporations such as Extensity
will help us to continue providing the best solutions for our customers."
Sabre Business Travel Solutions(R) is the industry's leading corporate
travel management system, giving business travelers a quick and easy way to
make their own travel arrangements on their computers while complying with
corporate policies. In addition, it enables corporations to track every
travel dollar from pre-planning and purchasing to expense reporting and
reimbursement -- giving the potential to save as much as 30 percent in total
travel management costs. It is in use today by more than 250 customers --
more than any other corporate travel management system.
The Extensity e-Business Application Suite includes a Web-based system for
automating travel planning, approval and expense reporting, providing users
with a timesaving and seamless solution the administrative portion of business
travel. The Extensity Express(TM) Guaranteed Implementation Plan guarantees
that each Extensity application will be up and running in 90 days.
Together, these offerings give users a quick and easy way to plan,
purchase and be reimbursed for corporate travel. For corporations, these
integrated solutions help further manage costs by enabling companies to more
closely track travel expenditures throughout the entire business cycle and by
improving the efficiency of travel-related management, administrative and
"Extensity and Sabre share the same goal of helping customers automate
processes and exploit the power of the Internet to improve the way they do
business. Our integration with Sabre, a leader in travel and transportation
IT solutions, provides customers with a full-service travel management system
by adding commerce capabilities to Web-based travel planning and expense
reporting," said Bob Spinner, president and CEO of Extensity.
In this non-exclusive agreement, Sabre and Extensity will work together to
bring this integrated solution to market through complementary sales and
marketing efforts. Availability is planned for early 2000.
Extensity is the leader in Internet applications for the e-business
employee. Extensity radically transforms the way companies do business by
automating everyday processes to optimize employee productivity and business
results. Today Extensity addresses expense reporting, business travel,
billable time capture and procurement. Established by Scopus Technology
co-founder Sharam Sasson, Extensity is funded by premier venture backers
including Hummer Winblad Venture Partners, Kleiner Perkins Caufield & Byers'
Java Fund, Weiss, Peck & Greer Venture Partners, and Visa International.
Extensity customers include Franklin Resources, Incyte Pharmaceuticals,
Nationsbanc Montgomery Securities, RELTEC, the University of California, and
the @Home Network. For more information on Extensity, go to
Sabre is a world leader in the electronic distribution of travel and is a
leading provider of information technology solutions for the travel and
transportation industries, including customized software development and
software products, transaction processing, systems integration, consulting and
total information technology outsourcing.
Extensity is a trademark of Extensity, Inc.
Sabre, Sabre Business Travel Solutions and the Sabre logo are registered
trademarks of an affiliate of The Sabre Group, Inc., soon to be known as Sabre
Current Sabre news releases may be accessed via the Internet. Visit
Sabre's Web site at http://www.sabre.com.