Two New Contracts announced after market closed.
SCS Solars wins two new contracts SCS Solars Computing Systems Inc SCS Shares issued 30,557,801 Jan 13 close $1.10 Fri 14 Jan 2000 News Release Mr. Frank Wells reports The company has entered into two new contracts for North American distribution of travel product information to travel agents. TFI Tours International is based in New York and has a reservation staff of 35. TFI Tours consolidates airfares for 21 airlines and offers destinations such as Asia, Europe, South Pacific, Latin America and the Middle East. As mentioned by Eric Schoenberger, owner of TFI Tours: "We have operated for some time without a CRS distribution. To compete in today's marketplace, we must have the CRS interface that Solarnet offers. The Solarnet solution is not only cost-effective, but is an important marketing strategy to increase our market share." D-FW Tours is based in Dallas and has a reservation staff of over 65. D-FW Tours has annual sales of over $40-million (U.S.). Consolidating airfares for 35 airlines, D-FW Tours is one of the major suppliers of discounted airfares to travel agents. Prior to the Solarnet distribution, the only method D-FW Tours had to distribute airfare information to travel agents was by computer disk. The updates to this information were costly, time-consuming and of limited market penetration. Now, with the Solarnet Travel Network, the accurate, timely and updated fare information is available to every U.S. travel agent from any CRS. John Przywara, chief executive officer of F-FW Tours, said today: "I believe the Solarnet Travel Network will afford the travel agency community and D-FW Tours a much more cost-effective manner to distribute consolidator airfares on a timely basis. I am extremely excited of potentially being able to double the amount of business we process and at the same time reducing the time necessary for shopping calls." Frank Wells, chairman of SCS Solars, comments, "The addition of these contracts shows that the Solarnet Travel Network is continuing to attract new clients requiring assistance in dissemination of travel products." |