TRX to Deliver Unified Travel and Expense Data Reporting Solution to Booz & Company

ATLANTA, Feb. 26 /PRNewswire-FirstCall/ -- TRX, Inc. (Nasdaq: TRXI), the world's leading provider of travel technology, process automation and consulting services, today announced it will provide Booz & Company, a leading global management consulting firm, with the TRAVELTRAX travel data reporting solution.

TRAVELTRAX is a suite of travel data management and business intelligence solutions delivered as hosted software with support services which transforms transaction data into actionable insights and enables travel program managers to better control costs.

Under the new relationship, Booz & Company will utilize the TRAVELTRAX travel reporting solution to consolidate its corporate travel data across a multitude of globally dispersed travel agencies into a single, secure web application. Booz & Company, with more than 3,300 people in 57 offices around the world, will quickly move from a highly labor intensive data collection process to an automated process within the TRAVELTRAX solution, and immediately decrease reporting lead times and increase reporting accuracy.  

"To support our global business, Booz & Company carefully selected leading travel agencies from around the world. While this has allowed us to manage costs from a services perspective, reconciling and gaining a complete picture of our global travel spend has been an ongoing and significant challenge. With TRAVELTRAX, we can finally monitor and measure our complete program spend on a continual basis, simply, quickly, and accurately – regardless of agency source, currency, or geography," said Doug Weeks, Director, Global Sourcing & Travel, Booz & Company. 

"Partnering with firms that manage diverse travel programs like Booz & Company is our specialty," said Kevin Austin, Executive Vice President, TRAVELTRAX. "No other provider in the industry can match TRX's capability to seamlessly integrate travel and expense data from multiple agencies operating in different countries and render the information in a timely, useable format.  Our strength and expertise draws firms like Booz & Company to TRX and the TRAVELTRAX data reporting solution," continued Austin.

Booz & Company is the latest example in a continuing trend of companies with multifaceted, global travel programs selecting TRX to consolidate and host their travel-related records and reports. In 2009, TRX secured data reporting relationships with several fortune 500 companies, including members of oil services, banking, energy, consulting, and mobile technology industries.

"Providing innovative solutions to the challenges facing firms like Booz & Company is core to our business," said Shane Hammond, President and CEO, TRX. "We service many corporations, government agencies and suppliers facing the same challenges of integrating data from multiple sources in a format that is actionable and identifies a direct path to savings."

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 reengineering. 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.