A return of favor (in kind): SynXis Agent is a web-based,
network-centric reservation and inventory management service. SynXis Agent uses Internet technology to link a hotel?s computer system to the IBM Global Network and delivers a single, reliable image of room availability accessible through all booking sources. The Agent system also give hoteliers a real-time representation of yield with each and every reservation. Based on available inventory, customer profile/history, and length-of-stay information, SynXis Agent automatically determines room rate and yield.
Because the SynXis Agent uses a property?s existing computer network, it shifts the cost of reservation management from an expensive capital cost to a very manageable per-transaction fee.
SynXis products provide unprecedented advantages to the hospitality and telecom markets. They offer state-of-the-art applications of web-based, object-oriented technology. Our hospitality product, SynXis Agent, offers inns, hotels and small- to mid-size hotel chains a single, real-time image of inventory that is available to all booking sources.
Our hospitality product, SynXis Agent, gives a single, real-time image of a hotel?s inventory that is available simultaneously to all booking sources. This network-based reservation system increase yield and saves hotels thousands of dollars on computer systems and software.
By partnering with leaders in the hospitality and telecom industries, SynXis is poised for market entry and broad-based early acceptance. Expert understanding of these markets coupled with the use of highly advanced technology assures SynXis of an early and sustainable lead over potential competitors.
SynXis will leverage its own internal leadership as well as the industry expertise of its partners to extend market entry and achieve impressive annual revenue growth, while becoming a respected leader in technology across multiple vertical markets.
In addition to our current success, the company will continue to add other industries as the opportunities present themselves. SynXis will carefully evaluate areas of promise for the application of new and existing technology and will invest resources where there is promise of market leadership and high return.
Through the use of state-of-the-art technology and its applications, SynXis is an active leader in network-focused products for businesses. These solutions utilize Internet and intranet applications and distributed object-oriented database technologies to create low-cost and highly effective on-line products and services.
In addition to James B. Kelly, President, CEO and Secretary:
Alexander H. Good, Chairman
Presently EVP of Strategy and Corporate Development, Bell Atlantic. He reports to the Office of the Chairman and is a member of the Bell Atlantic Management Executive Committee.
Stewart Paperin, EVP of the Soros Foundation
Mr. Paperin has held various financial posts throughout his career at a variety of publicly traded companies in the telecommunications and computer industries. The former senior financial officer of the Pepsi-Cola Company in Europe and Asia, Mr. Paperin also assists in the management of the Soros' Foundation's extensive investment in Global TeleSystems Group, Inc.
Mike McCrory, Chairman and CEO of the Millenium Financial Group, Inc.
A resident of Milan, Italy, Mr. McCrory serves on the board of directors of a variety of companies.
Zimri C. Putney, Managing Director, the Next Generation Fund.
Mr. Putney is a seasoned executive having served in a variety of technical and financial positions at companies such as IBM and Solarex/Amoco Corporation.
Robert M. Sterling, Vice Chairman and Co-founder of SynXis.
Founder and officer of several start up technology companies including PictureTel Corporation, and MultiMedia Access Corporation.
David Heebner, Formerly EVP and Vice Chairman of the Board of SAIC.
Mr. Heebner has over 40 years of executive leadership in the execution, management and policy formulation of research and development programs in both private and public sectors.
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