OneLink Corporation Reports Interest in CCRA Portal Ahead of Schedule; Q2 Corporate Revenues Up 40%
17 August 2006 - 12:53AM
PR Newswire (US)
Online Booking/Settlement Service for Travel Agents Nets 6,300
Users in First Four Months; First Marketing Effort to Begin in Q3
SAN FRANCISCO, Aug. 16 /PRNewswire-FirstCall/ -- OneLink
Corporation (OTC:OLNK) (BULLETIN BOARD: OLNK) today announced that
the interest level for its new CCRA booking/settlement portal by
travel agents is exceeding projections and continues to grow at an
accelerated pace. New agent registration is currently averaging
over 1,500 agents per month, with registrations for the first 14
days of August running 63% ahead of the same period a month
earlier. OneLink Corporation also announced that its corporate
revenue for Q2 of 2006 was $1.581 million, a 40% increase over Q1
revenues of $1.127 million. The company anticipates further growth
through its various lines of business through the rest of the year.
"Our registration numbers are proving that the company's prepaid
travel services concept is indeed resonating with travel agencies
and agents," said Bill Guerin, chief executive officer of OneLink
Corporation. "Despite only limited marketing support, the
CCRAtravel.com portal to date has outpaced its plan. We believe
prospects for the company are favorable through the fall and
beyond, not only due to the increased marketing efforts for
CCRAtravel.com that will occur, but also because of the continued
strengthening of performance from our non-portal revenue streams."
Since its debut in mid-April, CCRAtravel.com has quickly grabbed
attention within the retail travel sector. Nearly 6,300 agents are
registered to use the portal to book hotel rooms for their
customers at some 80,000 properties worldwide. So far, OneLink's
promotion of the reservations Web site has been limited largely to
appearances at industry conferences. Beginning in Q3, the company
will begin to market CCRAtravel.com in cooperation with its various
travel industry partners; among the well-known associations and
organizations currently adopting and endorsing CCRAtravel.com are
ASTA, Vacation.com, OSSN and Cruise Shoppes. OneLink's
groundbreaking service builds on the powerful worldwide network of
available hotel properties assembled by the company's CCRA
International subsidiary. The service gives agents the ability to
compare net, GDS, CCRA preferred and Hotels.com rates onscreen,
enabling them to quote rates that maximize their operating margins.
In addition, CCRAtravel.com offers users a first-ever ability to
realize upfront payment and commission settlement for non-airline
travel services. For more information about the CCRA portal, visit
http://www.ccratravel.com/ . About OneLink Corporation: OneLink
Corporation (OTC:OLNK) (BULLETIN BOARD: OLNK) is a provider of
integrated booking and settlement processing services for travel
suppliers and their distributors. The firm is the first of its kind
to offer non-airline travel suppliers the ability to distribute a
pre-paid product through travel agents worldwide, and to effect
financial settlement through a single, online global distribution
and financial settlement system. OneLink's mission is to increase
the number and quality of online bookings made through global
retail travel channels while improving cash flow and reducing
distribution costs, ultimately resulting in lower prices for the
consumer. Headquartered in San Francisco, OneLink is operated by an
experienced team of travel distribution professionals, financial
settlement experts and established global technology specialists.
For more information, visit http://www.onelinkcorp.com/ . This
press release is not a solicitation to buy or sell securities. This
press release includes "forward looking statements" as defined by
the Securities and Exchange Commission (the "SEC"). All statements,
other than statements of historical fact, included in the press
release that address activities, events or developments that the
Company believes or anticipates will or may occur in the future are
forward-looking statements. These statements are based on certain
assumptions made based on experience, expected future developments
and other factors the Company believes are appropriate in the
circumstances. Such statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the
control of the Company. Investors are cautioned that any such
statements are not guarantees of future performance. Actual results
or developments may differ materially from those projected in the
forward-looking statements as a result of many factors, including
delays in development and implementation of the Company's system,
market acceptance of the new system and problems in obtaining
additional financing. Furthermore, the Company does not intend (and
is not obligated) to update publicly any forward-looking
statements. The contents of this release should be considered in
conjunction with the warnings and cautionary statements contained
in the Company's recent filings with the SEC. DATASOURCE: OneLink
Corporation CONTACT: Steve Simon of S&S Public Relations, Inc.,
+1-847-955-0700 ext. 9347, Web site: http://www.ccratravel.com/
http://www.onelinkcorp.com/
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