StarCite and WorldTravel Meetings & Incentives (WTMI) Announce Strategic Partnership; WTMI Customers Gain Full Access to StarCite Technologies for End-to-End Meetings Management, Driving Increased Customer ROI
2/6/2006 8:54:01 AM
PHILADELPHIA, Feb 06, 2006 (BUSINESS WIRE) -- StarCite, Inc., the provider of On Demand Global Meeting Solutions(TM), today announced a strategic partnership with WorldTravel Meetings & Incentives (WTMI), the meetings management division of WorldTravel BTI. This partnership aims to assist corporations in achieving greater return on investment from their meetings spend.
Through the partnership, WTMI will implement StarCite's meetings management technology for its own internal use, as well as distribute the technology to its customers. StarCite technologies will ultimately replace WTMI's proprietary Plan2Attend meetings management tool. WTMI and its clients will benefit from the enhanced feature set of this StarCite technology, and StarCite and WTMI will continue to collaborate on future technology development and enhancements for their clients. Terms of the agreement were not disclosed.
WTMI customers will gain full access to StarCite's technology, which provides a robust registration tool and a complete end-to-end, integrated technology platform in support of a strategic meetings management process that drives increased return-on-investment. Customers also gain the ability to submit meetings eRFPs through the StarCite Marketplace, the industry's most comprehensive online meetings marketplace, providing access to more than 77,000 suppliers worldwide.
"This partnership came to fruition through a long-standing relationship between StarCite and WTMI and a shared vision of how to best serve our customers and the broader meetings management marketplace," said John Pino, founder and executive chairman of StarCite. "With over $300 billion spent annually on corporate meetings, we both view meetings as the next great frontier of unmanaged corporate spending. StarCite and WTMI will continue to work together to provide the tools and services that help businesses quantify, control and maximize their investment in corporate meetings."
"This partnership with StarCite provides the best available technology for our customers," said WTMI President Scott Graf. "Our customers will be assured that they will make the most of their meetings and event management spend, connecting seamlessly with a broader and expanding universe of suppliers through the StarCite Marketplace. The combination of our respective organizations' resources and expertise will improve our overall service offering and provide better global reach for our clients around the world."
About StarCite, Inc.
StarCite, Inc. is the provider of On Demand Global Meeting Solutions(TM). StarCite optimizes global investments in corporate meetings and events delivering visibility, savings and control. StarCite provides process efficiency, enabling technology and proven adoption management support to drive significant cost reduction to buyers and enhanced revenues to suppliers. StarCite is based in Philadelphia. Investors in StarCite include Internet Capital Group (ICGE); Maritz Travel Company; Seaport Capital; and TL Ventures. For more information about StarCite, or its technologies and services, please visit www.starcite.com.
About WorldTravel Meetings & Incentives (WTMI)
WTMI is an end-to-end service organization specializing in meetings, incentives and events. From incentive travel awards and individual meetings to strategically managed meetings programs, WTMI offers a balanced approach that combines flexible solutions and powerful procurement tactics to drive savings and generate results. WTMI is an operating unit of WorldTravel BTI--the world's third largest travel management company--and is based in Chicago, with offices throughout the United States and Mexico. For more information about WorldTravel BTI and WTMI, please visit www.worldtravel.com |
