OLNK OneLink Corporation (CE)

OneLink Corporation (OTCBB:OLNK), a provider of integrated global distribution and financial settlement services to the travel and tourism industry, announced today that its CCRA business unit has completed the final phase of the initial roll out of its CCRAonelink.com portal. Over the last week, member agents of its seven travel agent consortia and travel trade association clients have been actively booking lodging arrangements for their clients at destinations worldwide and receiving their commissions up-front for the first time ever. CCRAonelink.com is built on OneLink's exclusive transaction processing platform, and also contains advanced functionality and content aggregation features not found in other systems. "With this rollout, thousands of North American travel agents can now book accommodations for their clients with the assurance that they have access to the most competitive rates and will receive commissions for their service without a delay or collection effort," said Bill Guerin, Chairman and CEO of OneLink Corporation. "The introduction of the OneLink technology that powers CCRA's portal is a major milestone for OneLink Corporation, and presents the opportunity for travel agents and travel vendors to enjoy both new revenue streams and reduced costs of doing business." The portal went live several days before this announcement, but OneLink elected not to announce the breakthrough until each of CCRA's initial consortia and trade association partners were successfully connected to the system and actively using it. Those partners include: IT Group, Vacation.com, OSSN, NACTA, WESTA, Cruise Shoppes and the American Society of Travel Agents (ASTA). With the completion of the initial roll-out, 24,000 North American travel agencies, representing over $30 billion in retail travel sales, can now log on to the CCRAonelink.com portal and book from an inventory of 80,000 hotels provided by lodging suppliers that include, amongst others, Amadeus and Hotels.com. OneLink Corporation acquired CCRA, a leading and long-established hotel marketing service, with its acquisition of Reservation Center, Inc. in 2005. Since then, the company has refined the service and CCRA+ portal, renamed CCRAonelink.com, to incorporate OneLink's pioneering concept. ABOUT ONELINK CORPORATION OneLink Corporation (OTCBB:OLNK) is a provider of integrated global distribution and financial settlement services to the travel and tourism industry. 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. Forward-Looking Statement: 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.