800 Travel Systems in Alliance for Internet Auction Service
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Tampa, FL-based 800 Travel Systems Inc., operator of lowairfare.com, signed a letter of intent to form an alliance with Cumetrix Data Systems Corp., enabling it to conduct auctions on its travel portal.
Cumetrix is a provider of computer-related products, peripherals and configuration services. Financial terms were not disclosed.
Through Cumetrix e-commerce partner Online Transaction Technologies Inc., a provider of Internet auction and trading technology, 800 Travel Systems will have the capacity to provide its members and affiliates with full auction-style capabilities.
"The Internet revolution is allowing us to transition our company into a full service Internet portal site with travel driving our membership," said George Warde, chairman of 800 and former president and CEO of American Airlines. "Travel is the number one reason why people shop the Internet, and 800 is already there with a one of a kind interactive reservation system. We are leveraging our ability to provide discounted airfare to offer our members complimentary Products and Services over the Internet as well as through our strong call centers."