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TRX Chairman Trip Davis, to Moderate 'Travel's Value Chain CEO Panel' at NBTA


News provided by

TRX, Inc.

Jul 21, 2010, 05:00 ET

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ATLANTA, July 21 /PRNewswire-FirstCall/ -- TRX, Inc. (www.trx.com) (Other OTC: TRXI), a world-leading provider of travel technology, process automation, consulting and data services, today announced that Trip Davis, Co-Founder and Chairman, TRX, Inc., will moderate the Travel's Value Chain CEO Panel at the NBTA International Convention & Exposition, Monday, August 9, 11:40 a.m. in Houston, immediately preceding the General Session and luncheon with Condoleezza Rice.

The panel will provide a glimpse into the future of the corporate travel business from the CEO perspective. CEOs will address the impact of economic recovery, evolving business models, and industry innovations on the corporate travel supply chain. Panelists include:

  • Carlson Wagonlit Travel President and CEO:  Douglas Anderson
  • Southwest Airlines Chairman of the Board, President, and CEO:  Gary Kelly
  • Starwood Hotels & Resorts Worldwide, Inc. President and CEO:  Frits van Paasschen
  • Travelport GDS President and CEO:  Gordon Wilson
  • Moderator:  Trip Davis, Co-Founder and Chairman, TRX, Inc.

NBTA President and CEO, Craig Banikowski, CCTE, C.P.M., CMM, said, "NBTA is honored that Trip accepted the role as moderator for this break-through panel that will offer insights from the corner office on how business models are evolving in the travel supply chain. As a proven, engaging speaker and well-respected industry leader, Trip will help steer the discussion in a direction that is sure to provide attendees and panelists, alike, with a look at what travel buyers and suppliers can expect from Travel's Value Chain in the coming months and beyond."

"NBTA's annual convention is the largest and most influential event of the year in corporate travel. It's a 'mecca' for thought leadership, and I am excited to moderate the discussion with the CEOs of four iconic travel companies," said Davis. "I believe that we're experiencing an inflexion point in corporate travel related to both macroeconomics and microeconomics. This panel discussion will provide many important perspectives on the new travel value chain – our industry's new normal."

Davis is recognized as a dynamic industry leader and contributor. In 2007 and 2002, Business Travel News recognized him as one of the Top 25 influential executives in the travel industry. He is a six-time Chairman of the Masters Program, the premier executive forum for corporate travel industry leaders. In 2005, the National Business Travel Association (NBTA) voted Davis its Allied Member of the Year. Three times, Travel Agent Magazine has listed him as one of the 100 Rising Stars in the travel industry.

Davis co-founded TRX in December 1999 and served as the President and CEO for nine years. Davis was named Chairman of the Board in December 2008. TRX processes over $400 billion per year in travel volume on behalf of its clients, including transaction data from over 400 sources in 50 countries. Based in Atlanta, the company employs 800 people in the United States, United Kingdom, Germany, and India.

For more information about the 2010 NBTA Convention, visit www.nbtaconvention.org.

About NBTA

The National Business Travel Association (NBTA) is the world's premier business travel and corporate meetings organization. NBTA and its regional affiliates – NBTA Asia Pacific, the Brazilian Business Travel Association (ABGEV), NBTA Canada, NBTA Mexico, and NBTA USA – serve a network of more than 15,000 business travel professionals around the globe with industry-leading events, networking, education & professional development, research, news & information, and advocacy. NBTA members, numbering more than 4,000 in 30 nations, are corporate and government travel and meetings managers, as well as travel service providers. They collectively manage and direct more than US$200 billion of global business travel and meetings expenditures annually on behalf of more than 10 million business travelers within their organizations. For more information, visit www.nbta.org

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 re-engineering. 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.

SOURCE TRX, Inc.

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