OLNK OneLink Corporation (CE)

OneLink Corporation (OTCBB:OLNK), a provider of integrated booking and financial settlement services for travel suppliers and their distributors, today announced several major strategic expansion initiatives for its wholly-owned business unit, CCRA International. The subsidiary, which currently packages and markets hotel stays to travelers through a network of 18,000 travel agency members, will begin to actively pursue non-hotel travel services, including car rental and cruise ship bookings, as part of its offerings. It also plans to aggressively build its membership outside the U.S. beginning with a marketing effort in Europe later this year. To lead the new initiatives, OneLink has promoted Mai Meyaart, a veteran travel industry executive, to vice president and managing director of CCRA International. Meyaart originally came to the OneLink subsidiary from American Express, where she was manager of point-of-sale strategies for that company's Preferred Extras Hotel Program. CCRA, acquired by OneLink through its purchase of parent company Reservations Center Inc. in May 2005, is a highly regarded industry organization focused on travel services marketing. The company, recently re-branded as CCRA International, has become a cornerstone of OneLink's flagship booking and settlement service -- a groundbreaking concept that allows travel agents to receive upfront compensation for hotel stays booked through the company's reservations portal. "Using OneLink's technology, CCRA International is changing the way travel agencies do business by giving them new flexibility and control over their cash flow through our prepaid compensation model," said Bill Guerin, chairman and CEO of OneLink Corporation. "From the beginning, our business plan has been to offer a complete range of non-airline travel services including car rental, tours and attractions, cruises and more, in addition to lodging. The success of our plan to date has given us the ability to move forward with today's announcements." Founded in 1993, CCRA is renowned in the travel industry for its ability to package hotel reservations for business and leisure travelers. The company currently offers bookings at over 80,000 properties around the world through a network of 13,000 hotel clients. Its relationships with its hotel clients, along with its travel agency membership base, makes it one of the strongest marketing organizations in the industry. Until now, CCRA has focused its membership recruitment efforts on agencies in North America. It now plans to expand that program, beginning with the U.K. and European markets, via a focused campaign in the second half of 2006. In her new capacity as CCRA International managing director, Meyaart, a 14-year veteran of the travel and tourism industry, will be responsible for securing and maintaining relationships on both sides of the booking process. She will report to David Fromal, chief operating officer of OneLink Corporation. "The power, ease-of-use and business benefits of CCRA's portal has been proven these past several months through its use by thousands of travel agents inside of CCRA's membership," noted Fromal. "Many of the travel industry's largest consortia have partnered with us, giving us a firm foundation for growth. We're pleased that Mai Meyaart, a highly qualified executive, has chosen to help us attain this next level of success." About OneLink Corporation: OneLink Corporation (OTCBB: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 www.onelinkcorp.com 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.