triton distribution systems
(TTDZ:OTC US)
triton distribution systems (TTDZ) Snapshot
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Open
$0.0001
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Previous Close
$0.0002
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Day High
$0.0001
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Day Low
$0.0001
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52 Week High
05/23/12 - $0.0047
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52 Week Low
05/21/13 - $0.0001
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Market Cap
19.0K
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Average Volume 10 Days
3.4M
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EPS TTM
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Shares Outstanding
190.0M
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Related News
triton distribution systems (TTDZ) Related Businessweek News
No Related Businessweek News Foundtriton distribution systems (TTDZ) Details
Triton Distribution Systems, Inc. provides business-to-business (B2B) Internet-based travel distribution and procurement solutions. It focuses on the electronic distribution of travel inventory from travel sellers to travel agencies and their clients. The company offers a suite of point-and-click Internet-based B2B products for travel industry professionals to access global distribution systems to facilitate direct connections with travel sellers. Its principal B2B products include ReservationExpert, CruiseExpert, and TourExpert that support B2B e-commerce, including agent-based activities for booking travel, as well as back office functions associated with the operation of a travel agency; and Red Dragon Express, an online booking system and gateway that enables travel agents to tap the Chinese travel market. The company also provides a suite of portal products to support consumer-oriented portals linking customers with travel sellers. Its portal products comprise ResLink, CruiseLink, and TourLink that allow customers to book travel and travel-related activities through a subscriber agency’s Website; and XML Gateway, which provides customers the ability to establish communication links between their Website and systems. In addition, the company focuses on providing Web services that support application-to-application Internet communication; and offers TritonTwist, a solution designed for travel vendors to warehouse and market unsold inventory. It serves airlines, hotels, cruise lines, and car rentals; home-based mid-size and mega travel agencies; travel portals; home and entertainment portals; and tour operators and cruise operators. The company markets its products and services directly, as well as through marketing and distribution agreements with regional or national travel associations. Triton Distribution Systems, Inc. was founded in 2006 and is headquartered in Tiburon, California.
triton distribution systems (TTDZ) Key Developments
Privileged World Travel Club, Inc. entered into a license agreement with Triton Distribution Systems, Inc. Pursuant to the triton agreement, Privileged obtained a non-exclusive right and license to use its Reservation Expert, for the purpose of providing services to the Privileged World Travel Club members. Through the use of the license, the Privileged World Travel Club members will be able to make travel reservations, book airline seats, issue airline tickets, book hotels, cars and holiday packages, cruises and other holiday destination packages worldwide from the Privileged website. The company agreed to pay the company a license fee $150,000, not later than 15 days following the execution of the company's agreement, as a one-time license fee for the software. Privileged World Travel Club also agreed to pay to the company an annual royalty payment fee of $2,000,000, payable annually on the anniversaries of the effective date of the Triton Agreement, although Privileged may prepay all or any portion of the annual royalty fee in its discretion.
Triton Distribution Systems, Inc. is considering acquisitions. Gregory Lykiardopoulous, Triton Distribution Systems’ Chief Executive Officer, said, "Due to Triton's latest success, the company has received numerous business inquiries from European and Asian Travel companies, signifying possible future acquisitions of foreign travel companies, that if consummated would be integrated within Triton as subsidiary companies. Triton looks forward to the vetting process and if successful the acquisitions will dramatically enhance Triton's worldwide business marketing plan."
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Industry Analysis
TTDZ
Industry Average
| Valuation | TTDZ | Industry Range |
| Price/Earnings | 0.0x |
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| Price/Sales | 0.0x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | 0.0x |
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| TEV/Sales | NM | Not Meaningful |
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To contact TRITON DISTRIBUTION SYSTEMS, please visit www.tritonds.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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