OLNK OneLink Corporation (CE)

OneLink Corporation (OTCBB:OLNK), a provider of seamlessly integrated booking and settlement processing services for travel suppliers and their distributors, has announced that a growing number of travel agency owners are discovering the benefits of pre-paid revenue -- and breaking free from the hassle and uncertainty of standard commissions. By using OneLink technology through the CCRA portal, agents can receive payment for their services upfront, in the currency of their choosing, for the first time ever. As a result, agents are developing new instantaneous revenue streams by collecting their compensation in a predictable manner. That is exactly the reason why Elise Butler, a 17-year veteran of the industry and owner of Paso Robles, Calif.-based By Land or By Sea, LLC, has become a fan of the portal. "It's wonderful in that so many hotels all over the globe just simply do not pay commissions. I'm finally assured of getting paid, and I do not have to spend a lot of time chasing down small commissions from all over Europe and the rest of the world." Butler added that given a choice of rates among hotels, she prefers CCRA's pre-paid revenue option. She said she has booked "a couple of hundred" room accommodations through CCRA, and finds that the pre-paid room rates are usually much more competitive than standard rates. With OneLink's innovative integrated booking and settlement service, agents can offer travelers accommodations from a selection of some 80,000 properties worldwide and collect their revenue on certain properties at the time of purchase. As a result, agents are no longer tied to hotel-distributed commissions that may never arrive. They can now also adopt elements of a margin-based business model, relying on their customers for revenue, not their suppliers. "Agency executives know that the frustration and unreliability of hotel commissions and collections have historically been a drain on resources and revenues for the entire industry," said Bill Guerin, chairman and CEO of OneLink. "With our pre-paid model, agents and travel executives can rely on receiving their earned revenue literally for the first time. When the hotel gets paid, the agent gets paid as well. The agency never has to wonder when or if a payment will arrive, because it does so when the transaction takes place." The CCRA portal first went live in March and has been widely adopted by travel agencies, associations and consortia. In addition to the pre-paid revenue model, the portal provides superior features, aggregated content, and reliable functionality. With the CCRA portal, agents also have the capability to sell certain types of inventory where they establish the selling price with a built in margin for themselves -- thereby enabling the customer to save money while allowing the agent to make a fair profit. About OneLink Corporation: OneLink Corporation (OTCBB:OLNK) is a provider of seamlessly 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. 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.