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Microcap & Penny Stocks : Genisys Reservation Systems (GENS)

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To: leigh aulper who wrote ()1/27/1998 9:01:00 PM
From: leigh aulper   of 43
 
Genisys Reservation Systems, Inc. Announces Agreement With Carlson Wagonlit Travel

UNION, N.J., Jan. 27 /PRNewswire/ -- Genisys Reservation Systems, Inc. (Nasdaq: GENS) is pleased to announce the signing of a participation agreement with Carlson Wagonlit Travel. Carlson Wagonlit Travel is one of the world leaders in business travel management with $9.5 billion in annual worldwide sales. Under the agreement, all Carlson Wagonlit offices worldwide are licensed to install and operate Genisys Systems software to facilitate the delivery of limousine/car service reservations through the airline computer reservation systems (CRS).

Using Genisys Systems proprietary software, Carlson Wagonlit agents can make fast and accurate ground transportation reservations for corporate customers and their preferred suppliers directly through the SABRE CRS. Several Carlson accounts in the northeast are currently utilizing Genisys through SABRE. Genisys is currently field testing its application for the APOLLO CRS and expects to be available through the WORLDSPAN CRS by March 1.

"We are pleased that the many benefits available to corporate travel through Genisys Systems have been acknowledged by Carlson Wagonlit Travel through this agreement," said Genisys President Larry Burk. "By improving the reservation process with Genisys Systems, we are ultimately enhancing the overall travel experience for Carlson clients," said Dick Smith, senior vice president and chief technology officer, Carlson Wagonlit Travel - Worldwide.
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