Galileo International Acquires Australian and New Zealand Distribution Company

Apr 02, 2001, 01:00 ET from Galileo International, Inc.

    ROSEMONT, Ill., April 2 /PRNewswire/ -- Galileo International, Inc.
 (NYSE:   GLC), a leading provider of electronic global distribution services
 (GDS) for the travel industry, announced today it had acquired Southern Cross
 Distribution Systems Pty Limited (Galileo Southern Cross), from Travel
 Industries Automated Systems Pty Limited (TIAS), the owners of which are the
 Qantas Airways group, Ansett Airlines and Air New Zealand.  Based in Sydney,
 Australia, Galileo Southern Cross distributes the Galileo(R) computer
 reservation system to travel agency locations across Australia, New Zealand
 and the South Pacific.  Galileo is the market share leader in the region.
 Details of the transaction were not disclosed.
     (Photo: http://www.newscom.com/cgi-bin/prnh/20000208/GALILEO )
     (Photo: http://www.newscom.com/cgi-bin/prnh/20000208/BARLETT )
     (Photo: http://www.newscom.com/cgi-bin/prnh/20000208/GRAY )
     "Acquiring distributors in mature, highly automated markets is central to
 our GDS strategy," said James E. Barlett, chairman, president and CEO of
 Galileo International.  "We are proud of our leading position in the highly
 competitive Australian and New Zealand region, and look forward to serving our
 customers there even more effectively, while at the same time creating
 operational cost efficiencies."
     With this acquisition, Galileo Southern Cross' in-depth understanding of
 these markets and localized product offerings will be further integrated with
 Galileo's leading technology and global products.  According to Babetta Gray,
 Galileo's executive vice president, Subscriber Sales and Service, Galileo is
 well positioned to facilitate swifter responses to changing customer
 requirements and market dynamics, leveraging existing regional relationships
 and market intimacy.  "The purchase of Galileo Southern Cross gives us an even
 more united presence in the market," Gray said.  "In addition, we see an
 attractive opportunity in Australia and New Zealand for the provision of
 state-of-the-art, enterprise networking services -- both within the travel
 industry and beyond -- through our subsidiary, Quantitude, Inc."
     Australia and New Zealand is the fifth largest market for Galileo.
 Galileo Southern Cross provides an extensive array of travel technology
 solutions, serving nearly half of all travel agents in the Australian and New
 Zealand market.  It also provides technical service and customer support.
     Galileo International is one of the world's leading providers of
 electronic global distribution services for the travel industry.  The company
 provides travel agencies, corporate travel managers and Internet users with
 the ability to book travel by accessing schedule, availability and pricing
 information.  Galileo e-enables the travel industry, providing
 industry-leading technology solutions such as an advanced suite of wireless
 applications and numerous Internet initiatives.  Through its Internet
 subsidiary, TRIP.com, the mobile business professional can access premier
 one-stop online travel services and technology solutions from Galileo.
 Building one of the largest TCP/IP global networks through its subsidiary
 Quantitude, Galileo is providing advanced enterprise network and
 telecommunication services for a variety of customers both in the travel
 industry and beyond. Headquartered in Rosemont, Ill., USA, Galileo
 International has offices worldwide and operates its state-of-the-art Data
 Center in Greenwood Village, Colo., USA.  To learn more about Galileo
 International, visit http://www.galileo.com .
 
     This release may be considered a forward-looking statement within the
 meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
 Securities Exchange Act of 1934.  We have based this forward-looking statement
 on our current expectations and projections about future events.  We undertake
 no obligation to publicly update or revise any forward-looking statements,
 whether as a result of new information, future events or otherwise.  These
 forward-looking statements are subject to risks and uncertainties that could
 cause actual events or results to differ materially from the events or results
 expressed or implied by the forward-looking statements.  You are cautioned not
 to place undue reliance on these forward-looking statements.  Risks and
 uncertainties associated with our forward-looking statements include, but are
 not limited to: the loss and inability to replace the bookings generated by
 one or more of our five largest travel agency customers; our ability to
 effectively execute our sales initiatives in key markets; our sensitivity to
 general economic conditions and events that affect airline travel and the
 airlines that participate in our Apollo(R) and Galileo(R) systems;
 circumstances relating to our investment in technology, including our ability
 to timely develop and achieve market acceptance of new products; the results
 of our international operations and expansion into developing and new CRS
 markets, governmental approvals, trade and tariff barriers, and political
 risks; new or different legal or regulatory requirements governing the CRS
 industry; and natural disasters or other calamities that may cause significant
 damage to our Data Center facility.
 
 

SOURCE Galileo International, Inc.
    ROSEMONT, Ill., April 2 /PRNewswire/ -- Galileo International, Inc.
 (NYSE:   GLC), a leading provider of electronic global distribution services
 (GDS) for the travel industry, announced today it had acquired Southern Cross
 Distribution Systems Pty Limited (Galileo Southern Cross), from Travel
 Industries Automated Systems Pty Limited (TIAS), the owners of which are the
 Qantas Airways group, Ansett Airlines and Air New Zealand.  Based in Sydney,
 Australia, Galileo Southern Cross distributes the Galileo(R) computer
 reservation system to travel agency locations across Australia, New Zealand
 and the South Pacific.  Galileo is the market share leader in the region.
 Details of the transaction were not disclosed.
     (Photo: http://www.newscom.com/cgi-bin/prnh/20000208/GALILEO )
     (Photo: http://www.newscom.com/cgi-bin/prnh/20000208/BARLETT )
     (Photo: http://www.newscom.com/cgi-bin/prnh/20000208/GRAY )
     "Acquiring distributors in mature, highly automated markets is central to
 our GDS strategy," said James E. Barlett, chairman, president and CEO of
 Galileo International.  "We are proud of our leading position in the highly
 competitive Australian and New Zealand region, and look forward to serving our
 customers there even more effectively, while at the same time creating
 operational cost efficiencies."
     With this acquisition, Galileo Southern Cross' in-depth understanding of
 these markets and localized product offerings will be further integrated with
 Galileo's leading technology and global products.  According to Babetta Gray,
 Galileo's executive vice president, Subscriber Sales and Service, Galileo is
 well positioned to facilitate swifter responses to changing customer
 requirements and market dynamics, leveraging existing regional relationships
 and market intimacy.  "The purchase of Galileo Southern Cross gives us an even
 more united presence in the market," Gray said.  "In addition, we see an
 attractive opportunity in Australia and New Zealand for the provision of
 state-of-the-art, enterprise networking services -- both within the travel
 industry and beyond -- through our subsidiary, Quantitude, Inc."
     Australia and New Zealand is the fifth largest market for Galileo.
 Galileo Southern Cross provides an extensive array of travel technology
 solutions, serving nearly half of all travel agents in the Australian and New
 Zealand market.  It also provides technical service and customer support.
     Galileo International is one of the world's leading providers of
 electronic global distribution services for the travel industry.  The company
 provides travel agencies, corporate travel managers and Internet users with
 the ability to book travel by accessing schedule, availability and pricing
 information.  Galileo e-enables the travel industry, providing
 industry-leading technology solutions such as an advanced suite of wireless
 applications and numerous Internet initiatives.  Through its Internet
 subsidiary, TRIP.com, the mobile business professional can access premier
 one-stop online travel services and technology solutions from Galileo.
 Building one of the largest TCP/IP global networks through its subsidiary
 Quantitude, Galileo is providing advanced enterprise network and
 telecommunication services for a variety of customers both in the travel
 industry and beyond. Headquartered in Rosemont, Ill., USA, Galileo
 International has offices worldwide and operates its state-of-the-art Data
 Center in Greenwood Village, Colo., USA.  To learn more about Galileo
 International, visit http://www.galileo.com .
 
     This release may be considered a forward-looking statement within the
 meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
 Securities Exchange Act of 1934.  We have based this forward-looking statement
 on our current expectations and projections about future events.  We undertake
 no obligation to publicly update or revise any forward-looking statements,
 whether as a result of new information, future events or otherwise.  These
 forward-looking statements are subject to risks and uncertainties that could
 cause actual events or results to differ materially from the events or results
 expressed or implied by the forward-looking statements.  You are cautioned not
 to place undue reliance on these forward-looking statements.  Risks and
 uncertainties associated with our forward-looking statements include, but are
 not limited to: the loss and inability to replace the bookings generated by
 one or more of our five largest travel agency customers; our ability to
 effectively execute our sales initiatives in key markets; our sensitivity to
 general economic conditions and events that affect airline travel and the
 airlines that participate in our Apollo(R) and Galileo(R) systems;
 circumstances relating to our investment in technology, including our ability
 to timely develop and achieve market acceptance of new products; the results
 of our international operations and expansion into developing and new CRS
 markets, governmental approvals, trade and tariff barriers, and political
 risks; new or different legal or regulatory requirements governing the CRS
 industry; and natural disasters or other calamities that may cause significant
 damage to our Data Center facility.
 
 SOURCE  Galileo International, Inc.