ebookers.com Signs Pan-European Agreement With Amadeus

ebookers.com Extends Contractual Agreement With Amadeus

Across Europe Optimising Synergies and Controlling Costs



Apr 26, 2001, 01:00 ET from ebookers.com

    LONDON, April 26 /PRNewswire/ --
 ebookers.com, (Nasdaq: EBKR, Neuer Markt: eb6, LSE:   EBR) Europe's No.1 online
 travel company, announced today that it has signed a pan-European agreement
 with Amadeus, a leading travel industry technology provider and global
 distribution system (GDS).  Amadeus will support ebookers.com with its
 technology expertise and will provide reservation technology for scheduled
 flights, hotels and other travel related products.
     Amadeus's comprehensive data network and database is among the largest of
 its kind in Europe, enabling bookings with some 500 airlines, representing
 more than 95 per cent of the world's scheduled airline seats.  The system also
 provides access to some 54,000 hotels, 48 car rental companies serving some
 24,000 locations, as well as serving newer provider groups, including ferry,
 rail, cruise, insurance and tour operators.
     The new pan-European agreement with Amadeus substitutes the individual
 contracts initially signed by some of ebookers.com's national operations and
 expands the Amadeus partnership throughout the whole group.  This agreement is
 in-line with ebookers.com's policy of consolidating product and supplier
 relationships, including with GDSs, on a pan-European basis, in order to
 increase efficiencies, save costs and maximise revenue.  The company believes
 that by doing these it can leverage added value from its unique pan-European
 scope and size.
 
     Dinesh Dhamija, CEO ebookers.com, comments:
     "This new pan-European agreement with Amadeus has the potential to give
 ebookers.com a much more attractive revenue stream than our previous
 relationship, which consisted of individual national agreements in some
 markets.  We believe that this new agreement, across all of ebookers.com's
 operating countries, illustrates the added value that company can leverage in
 comparison to smaller competitors.  Amadeus's comprehensive online solutions
 and strong presence in Europe fit perfectly ebookers.com's requirements.  We
 are confident that the benefits and synergies resulting from agreement will
 translate into improved service offering to our customers."
 
     Philippe Chereque, Vice-President Corporate Strategy for Amadeus, added:
     "Through this pan-European agreement, Amadeus is partnering with a leading
 brand choice for Europe's online travellers and thereby further establishing
 Amadeus as a leading provider of online technology solutions to the travel
 industry."
 
     Notes:
 
     ebookers.com
     ebookers.com is a leading online European travel agency offering complete
 one-stop, online shopping with a host of travel products and services,
 including negotiated discount airfares with 120 airlines, and discounts with
 over 14,000 hotels worldwide.  ebookers.com is the technology and travel
 spin-off from Flightbookers plc, the London-based travel agency.  The company
 was established as a separate Internet company in June 1999.  ebookers.com
 operates in the following eleven countries:  Denmark, Finland, France,
 Germany, Ireland, Netherlands, Norway, Spain, Sweden, Switzerland and the UK.
 The company completed its initial public offering in November 1999 listing on
 the NASDAQ and the Neuer Markt in Frankfurt, Germany, and in April 2001 listed
 on the London Stock Exchange.
 
     Amadeus Global Travel Distribution
     Amadeus is a leading global distribution system (GDS) and technology
 provider serving the marketing, sales and distribution needs of the world's
 travel and tourism industries. Its comprehensive data network and database,
 amongst the largest of their kind in Europe, serve over 55,000 travel agency
 locations and more than 8,300 airline sales offices world-wide.
     Through the Amadeus System, travel agencies and airline offices are able
 to make bookings with some 500 airlines, representing more than 95 per cent of
 the world's scheduled airline seats.  The system also provides access to some
 54,000 hotels, 48 car rental companies serving some 24,000 locations, as well
 as serving newer provider groups, including ferry, rail, cruise, insurance and
 tour operators.
     Amadeus is a significant provider of information technology and an enabler
 of e-commerce for the travel industry.  Amadeus also delivers the powerful
 booking engine behind the web pages of 3,400 travel agencies, 11 hotel sites
 and 80 Web sites serving 36 airlines.  Additionally, it provides similar
 e-commerce solutions for partners including Gruppo L'Espresso (Italy) and
 Terra Lycos (Spain, Portugal and Latin America).
     Founded in 1987, and fully operational from 1992, Amadeus is headquartered
 in Madrid, Spain.  Its data centre is in Erding (near Munich), Germany and its
 development offices are located in Sophia Antipolis (near Nice), France.  The
 company has over 3,200 employees world-wide.
     More information about Amadeus is available at:  www.global.amadeus.net .
 
     Forward-Looking Statements
     Except for the historical information contained herein, the matters
 discussed in this news release are forward-looking statements that involve
 risks and uncertainties that could cause actual results to differ materially
 from those in such forward looking statements.  Potential risks and
 uncertainties include, without limitation, the company's ability to identify,
 acquire and integrate its potential subsidiaries across Europe, its ability to
 significantly increase its online revenues and sales volumes, to maintain and
 develop relationships with travel suppliers and strategic partners and to
 attract and retain customers, potential adverse changes in its gross mark up
 or in commission rates, unforeseen events affecting the travel industry, and
 the company's dependence on its ability to establish its brand.  These and
 other risk factors are described in detail in the company's Prospectus dated
 11 November 1999, which has been filed with the US Securities and Exchange
 Commission, and the German Prospectus dated 11 November 1999, filed with the
 Neuer Market, of the Frankfurt Stock Exchange, Germany.
 
 

SOURCE ebookers.com
    LONDON, April 26 /PRNewswire/ --
 ebookers.com, (Nasdaq: EBKR, Neuer Markt: eb6, LSE:   EBR) Europe's No.1 online
 travel company, announced today that it has signed a pan-European agreement
 with Amadeus, a leading travel industry technology provider and global
 distribution system (GDS).  Amadeus will support ebookers.com with its
 technology expertise and will provide reservation technology for scheduled
 flights, hotels and other travel related products.
     Amadeus's comprehensive data network and database is among the largest of
 its kind in Europe, enabling bookings with some 500 airlines, representing
 more than 95 per cent of the world's scheduled airline seats.  The system also
 provides access to some 54,000 hotels, 48 car rental companies serving some
 24,000 locations, as well as serving newer provider groups, including ferry,
 rail, cruise, insurance and tour operators.
     The new pan-European agreement with Amadeus substitutes the individual
 contracts initially signed by some of ebookers.com's national operations and
 expands the Amadeus partnership throughout the whole group.  This agreement is
 in-line with ebookers.com's policy of consolidating product and supplier
 relationships, including with GDSs, on a pan-European basis, in order to
 increase efficiencies, save costs and maximise revenue.  The company believes
 that by doing these it can leverage added value from its unique pan-European
 scope and size.
 
     Dinesh Dhamija, CEO ebookers.com, comments:
     "This new pan-European agreement with Amadeus has the potential to give
 ebookers.com a much more attractive revenue stream than our previous
 relationship, which consisted of individual national agreements in some
 markets.  We believe that this new agreement, across all of ebookers.com's
 operating countries, illustrates the added value that company can leverage in
 comparison to smaller competitors.  Amadeus's comprehensive online solutions
 and strong presence in Europe fit perfectly ebookers.com's requirements.  We
 are confident that the benefits and synergies resulting from agreement will
 translate into improved service offering to our customers."
 
     Philippe Chereque, Vice-President Corporate Strategy for Amadeus, added:
     "Through this pan-European agreement, Amadeus is partnering with a leading
 brand choice for Europe's online travellers and thereby further establishing
 Amadeus as a leading provider of online technology solutions to the travel
 industry."
 
     Notes:
 
     ebookers.com
     ebookers.com is a leading online European travel agency offering complete
 one-stop, online shopping with a host of travel products and services,
 including negotiated discount airfares with 120 airlines, and discounts with
 over 14,000 hotels worldwide.  ebookers.com is the technology and travel
 spin-off from Flightbookers plc, the London-based travel agency.  The company
 was established as a separate Internet company in June 1999.  ebookers.com
 operates in the following eleven countries:  Denmark, Finland, France,
 Germany, Ireland, Netherlands, Norway, Spain, Sweden, Switzerland and the UK.
 The company completed its initial public offering in November 1999 listing on
 the NASDAQ and the Neuer Markt in Frankfurt, Germany, and in April 2001 listed
 on the London Stock Exchange.
 
     Amadeus Global Travel Distribution
     Amadeus is a leading global distribution system (GDS) and technology
 provider serving the marketing, sales and distribution needs of the world's
 travel and tourism industries. Its comprehensive data network and database,
 amongst the largest of their kind in Europe, serve over 55,000 travel agency
 locations and more than 8,300 airline sales offices world-wide.
     Through the Amadeus System, travel agencies and airline offices are able
 to make bookings with some 500 airlines, representing more than 95 per cent of
 the world's scheduled airline seats.  The system also provides access to some
 54,000 hotels, 48 car rental companies serving some 24,000 locations, as well
 as serving newer provider groups, including ferry, rail, cruise, insurance and
 tour operators.
     Amadeus is a significant provider of information technology and an enabler
 of e-commerce for the travel industry.  Amadeus also delivers the powerful
 booking engine behind the web pages of 3,400 travel agencies, 11 hotel sites
 and 80 Web sites serving 36 airlines.  Additionally, it provides similar
 e-commerce solutions for partners including Gruppo L'Espresso (Italy) and
 Terra Lycos (Spain, Portugal and Latin America).
     Founded in 1987, and fully operational from 1992, Amadeus is headquartered
 in Madrid, Spain.  Its data centre is in Erding (near Munich), Germany and its
 development offices are located in Sophia Antipolis (near Nice), France.  The
 company has over 3,200 employees world-wide.
     More information about Amadeus is available at:  www.global.amadeus.net .
 
     Forward-Looking Statements
     Except for the historical information contained herein, the matters
 discussed in this news release are forward-looking statements that involve
 risks and uncertainties that could cause actual results to differ materially
 from those in such forward looking statements.  Potential risks and
 uncertainties include, without limitation, the company's ability to identify,
 acquire and integrate its potential subsidiaries across Europe, its ability to
 significantly increase its online revenues and sales volumes, to maintain and
 develop relationships with travel suppliers and strategic partners and to
 attract and retain customers, potential adverse changes in its gross mark up
 or in commission rates, unforeseen events affecting the travel industry, and
 the company's dependence on its ability to establish its brand.  These and
 other risk factors are described in detail in the company's Prospectus dated
 11 November 1999, which has been filed with the US Securities and Exchange
 Commission, and the German Prospectus dated 11 November 1999, filed with the
 Neuer Market, of the Frankfurt Stock Exchange, Germany.
 
 SOURCE  ebookers.com