GRSNetwork(TM) Brings Aboard Top Industry Finance Executive

Paul H. Bristow Joins GRSNetwork's Board of Directors



Apr 26, 2001, 01:00 ET from GRSNetwork

    SAUSALITO, Calif., April 26 /PRNewswire/ -- GRSNetwork(TM) (GRS), an
 international business-to-business-to-consumer (B2B2C) Internet infrastructure
 technology company for traditional and on-line travel agencies, travel
 suppliers and home-based agents, today announced the appointment of
 Paul H. Bristow to its Board of Directors.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010306/GRSLOGO )
     Mr. Bristow brings over 25 years of experience in the finance industry.
 He is currently the Executive Vice President and Chief Financial Officer for
 eFunds Corporation (Nasdaq:   EFDS), a leading provider of electronic payment
 solutions and professional services to financial institutions, financial
 services companies and retailers.
     "Mr. Bristow brings vast knowledge of global distribution in the
 transportation and hospitality industries, e-commerce and financial sectors,"
 said Gregory Lykiardopoulos, GRS' Chairman and CEO.  "His proven leadership
 skills in financial management and exploiting market positioning will
 tremendously help GRS' growth and expansion."
     Prior to his current position with eFunds, Mr. Bristow held numerous CFO
 and Director positions for companies with market capitalization between
 $50M to $5B.  He also worked in several countries including Singapore,
 Malaysia, United Kingdom, and Norway in areas of consumer products,
 communications, franchising, and venture capital.  Most recently, Mr. Bristow
 spent 7 years as the Chief Financial Officer and Executive Vice President
 Finance and Administration for Galileo International.  While at Galileo,
 Mr. Bristow was a key figure in taking Galileo public with a $900M Initial
 Public Offering, one of the 10 largest non-privatization IPOs on Wall Street.
     "I have been very impressed by the team at GRS and its product suite,"
 said Paul Bristow.  "I am looking forward to being part of this exciting
 growth story."
     Mr. Bristow recently served on the Boards of Directors for Galileo
 International, ObjectSpace, Inc., Quixdata Inc., Uniglobe.com,
 Destinations.com and InterGlobe Technologies (India).
 
     About GRSNetwork
     GRSNetwork is an Internet infrastructure technology company providing
 business-to-business-to consumer (B2B2C) travel and procurement solutions.
     GRSNetwork has developed a powerful suite of Internet-based,
 point-and-click tools that provide travel agents with an alternative to
 the traditional CRS, including key products such as TravelExpert(TM),
 TourExpert(TM), PrintServer(TM), IAR Expert(TM) and CruiseExpert(TM).
 Commissionable services such as selling foreign currency, travelers' checks,
 travel insurance, passport and visa services as well as event ticketing are
 integrated into the Web-based professional products and offer agencies the
 ability to increase service and revenues.
     GRSNetwork's B2B2C model empowers Internet customers to book air, car,
 hotel, cruise and tour bookings at any time while allowing agencies to receive
 full commissions.  These transactions are made through agency-branded Web
 sites supplied by GRSNetwork.
     GRSNetwork's products are available in English, Korean, Simplified
 Chinese, Traditional Chinese, Malay, Japanese, French, German, Dutch, Latin
 Spanish and Brazilian Portuguese.
     For more information about GRSNetwork, visit the website at
 www.grsnetwork.com or call 415-289-4200.
 
 

SOURCE GRSNetwork
    SAUSALITO, Calif., April 26 /PRNewswire/ -- GRSNetwork(TM) (GRS), an
 international business-to-business-to-consumer (B2B2C) Internet infrastructure
 technology company for traditional and on-line travel agencies, travel
 suppliers and home-based agents, today announced the appointment of
 Paul H. Bristow to its Board of Directors.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010306/GRSLOGO )
     Mr. Bristow brings over 25 years of experience in the finance industry.
 He is currently the Executive Vice President and Chief Financial Officer for
 eFunds Corporation (Nasdaq:   EFDS), a leading provider of electronic payment
 solutions and professional services to financial institutions, financial
 services companies and retailers.
     "Mr. Bristow brings vast knowledge of global distribution in the
 transportation and hospitality industries, e-commerce and financial sectors,"
 said Gregory Lykiardopoulos, GRS' Chairman and CEO.  "His proven leadership
 skills in financial management and exploiting market positioning will
 tremendously help GRS' growth and expansion."
     Prior to his current position with eFunds, Mr. Bristow held numerous CFO
 and Director positions for companies with market capitalization between
 $50M to $5B.  He also worked in several countries including Singapore,
 Malaysia, United Kingdom, and Norway in areas of consumer products,
 communications, franchising, and venture capital.  Most recently, Mr. Bristow
 spent 7 years as the Chief Financial Officer and Executive Vice President
 Finance and Administration for Galileo International.  While at Galileo,
 Mr. Bristow was a key figure in taking Galileo public with a $900M Initial
 Public Offering, one of the 10 largest non-privatization IPOs on Wall Street.
     "I have been very impressed by the team at GRS and its product suite,"
 said Paul Bristow.  "I am looking forward to being part of this exciting
 growth story."
     Mr. Bristow recently served on the Boards of Directors for Galileo
 International, ObjectSpace, Inc., Quixdata Inc., Uniglobe.com,
 Destinations.com and InterGlobe Technologies (India).
 
     About GRSNetwork
     GRSNetwork is an Internet infrastructure technology company providing
 business-to-business-to consumer (B2B2C) travel and procurement solutions.
     GRSNetwork has developed a powerful suite of Internet-based,
 point-and-click tools that provide travel agents with an alternative to
 the traditional CRS, including key products such as TravelExpert(TM),
 TourExpert(TM), PrintServer(TM), IAR Expert(TM) and CruiseExpert(TM).
 Commissionable services such as selling foreign currency, travelers' checks,
 travel insurance, passport and visa services as well as event ticketing are
 integrated into the Web-based professional products and offer agencies the
 ability to increase service and revenues.
     GRSNetwork's B2B2C model empowers Internet customers to book air, car,
 hotel, cruise and tour bookings at any time while allowing agencies to receive
 full commissions.  These transactions are made through agency-branded Web
 sites supplied by GRSNetwork.
     GRSNetwork's products are available in English, Korean, Simplified
 Chinese, Traditional Chinese, Malay, Japanese, French, German, Dutch, Latin
 Spanish and Brazilian Portuguese.
     For more information about GRSNetwork, visit the website at
 www.grsnetwork.com or call 415-289-4200.
 
 SOURCE  GRSNetwork