OLNK OneLink Corporation (CE)

OneLink Corporation (OTCBB:OLNK), a provider of integrated booking and settlement processing services for travel suppliers and their distributors, today announced that David Fromal has been appointed as the company's chief operating officer, a new position. Fromal, a veteran technology and travel services senior executive, has helped several early stage companies successfully establish and grow their lines of business. In his new position, Fromal will lead OneLink's efforts to aggressively market its innovative reservations and transaction processing services--a lineup that features groundbreaking upfront financial settlement for travel agents. Fromal comes to OneLink from Salis Inc., a venture-backed startup focused on business process management, where he was president and CEO. During his tenure as CEO, Fromal re-positioned Salis' product lines to create an entirely new transaction processing category, securing multi-million dollar contracts with several Fortune 100 companies in the process. Prior to Salis, Fromal spent four years as executive vice president, Strategic Development and Corporate Communications, for TRX, Inc. (NASDAQ:TRXI), a $120 million global leader in travel industry transaction processing services. Fromal worked directly with the CEO to develop, integrate and expand the firm's strategic development, implementing expansion efforts from startup to $100 million in annual revenue and achieving INC 500 recognition in 2000, 2001 and 2002. Fromal also spent 13 years in a variety of executive roles at American Express Travel Related Services Company, Inc. Starting his career in direct sales, Fromal eventually attained the position of senior vice president/general manager, Personal Travel Services, managing a $1 billion sales organization with 1,250 associates nationwide. "Through his experience in both the travel and technology fields, David Fromal has developed a talent for taking an enterprise from development-focused startup to a thriving business operation," said Bill Guerin, chairman and CEO of OneLink Corporation. "David's understanding of the travel services booking and transaction processing field will give us a huge boost in our drive to lead our category." "OneLink is poised to profoundly influence the way travel agencies do business," noted Fromal. "By expediting non-airline reservation payment, OneLink can help agencies focus on customers, products and profitability, rather than cash flow. This is a singular development for the travel services industry, one with which I am most excited to be associated." At OneLink, Fromal will oversee all elements of the company's core business operations including its business development activities. He is expected to expand OneLink's prepaid revenue concept beyond its current hotel reservations focus to include tour operators, car rentals, cruises and other travel-related bookings. 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.