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Gold/Mining/Energy : SCS Solars Computing Systems Inc.

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To: cash money who started this subject11/28/2000 12:01:12 PM
From: mwil  Read Replies (1) of 1201
 
SCS Solars Signs LiveLinx*PLUS Customer
CDNX: SCS
www.solars.com

Vancouver, B.C. – November 28, 2000.

SCS Solars Computing Systems Inc. (“SolarNet”), a leading provider of information management and electronic distribution solutions for the travel industry, today announced the signing of a LiveLinx*PLUS customer, Sky Bird Travel & Tours, Inc. of Michigan.

Sky Bird Travel & Tours is one of the largest consolidators in the U.S. Established in 1976, Sky Bird is headquartered in Detroit with multiple branch offices across the U.S. and India. They have over five million net fares for worldwide destinations on major carriers. Sky Bird has been a SolarNet LiveLinx client since March of this year. SolarNet LiveLinx hosts a travel vendor’s database, has information search capabilities and is made accessible from the internet as well as all four Global Distribution System (“GDS”) networks: Sabre, Apollo/Galileo, Worldspan and Amadeus.

As announced recently, LiveLinx*PLUS is the next stage in SolarNet’s development that will allow the Company to generate transaction fees. LiveLinx*PLUS permits the travel agent to determine the availability of specific classes of seating on scheduled airlines and charter flights and then send a detailed Automated Booking Messaging (“ABM”) to the travel vendor. As with all SolarNet products, this availability check and ABM is conducted through one of the four GDSs.

SolarNet expects transaction fees of $7 US per ticketed ABM to be generated sometime in December of 2000, when beta testing with several existing clients is completed. An availability check and ABM that does not result in a ticketed booking, will bring in $1.50 US to SolarNet.

Moondeep Aggarwal, V.P. Management Information Services, Sky Bird, stated, “With LiveLinx*PLUS, travel agencies across the U.S. will now be able to check flight availability and confirm consolidator tickets immediately back to their customers, resulting in increased vendor profitability. The greatest feature of LiveLinx*PLUS will be taking the guesswork away from the travel agent on what flights to use for the correct net fare. A tremendous amount of time will be saved for the vendor and most importantly, the travel agent.”

“Market acceptance of LiveLinx*PLUS from air consolidators has been positive. This product definitely fills a need to this group of travel vendors. This new e-commerce application will save the consolidator time and money and the adoptive rate of the over 18,500 travel agencies using the SolarNet system by all indications should be swift,” said Larry O’Brien, SolarNet Chairman & CEO.

SCS Solars provides solutions in information management and electronic distribution for the travel industry. Proprietary products include SolarNet LiveLinx, LiveLinx*PLUS, NewsWire and TourTek. SCS Solars is a public company, trading on the Canadian Venture Exchange (CDNX) under the symbol SCS.

For more information contact:

Frank Wells 604-903-2040

Pat Wilson 604-903-2041
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