A bit dated, but good news that I don't recall seeing here.
Monday, April 10, 2000: VANCOUVER, BRITISH COLUMBIA, CANADA - Mercury Scheduling Systems Inc. (MYSYF:OTCBB; MRY:VSE) announced today that it has signed a contract to act as the Internet Service Provider for JetBlue Airways of New York City.
This new agreement will make Mercury the sole operator and host of JetBlue's on-line crew bidding system. JetBlue will use Mercury's NOVA OnLine, a unique and innovative software system that provides airlines with cost-effective, Internet-based communications. The system also has advanced 'crew bidding', allowing flight and cabin crew to enter their preferred work schedules from anywhere in the world over the Internet.
JetBlue Airways will operate initially from New York's John F. Kennedy International Airport to upstate New York and Florida. With $130 million in equity capital, JetBlue's aircraft fleet will consist of up to 82 new Airbus A-320s.
Mercury is emerging as a leading supplier of airline crew management systems world-wide. This business offers great potential as crew costs can make up 20 % of overall airline expenses, often exceeding aircraft and fuel costs. Airline spending in the field of crew management and field support has been estimated at over a billion dollars.
Mercury Scheduling Systems Inc. is a software development company that licenses some of the most innovative airline operations software in the world. With a broad range of software products, Mercury is positioned to meet the needs of all sizes of airlines. The company has an established client base that includes leading companies such as British Airways Regional, Aloha Airlines, Legend Airlines and Ansett Australia. Mercury is one of 30 select companies that make up the CDNX Technology Index, which contains 80% of the top technology listings by market cap.
On behalf of the Board of Directors of Mercury Scheduling Systems Inc., Graham Whitmarsh, President & CEO
INQUIRES MAY BE DIRECTED TO: Investor Relations: (604) 683-8668 or toll-free at 1-888-614-1111 or email to investors@mercury.bc.ca Media Contact: Kate James, Kate James & Company (604) 266-8780 Or visit our website: mercury.bc.ca The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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