OneLink Corporation Receives International Attention From Coverage in Top Travel Industry Trade Publication
January 18 2007 - 10:06AM
PR Newswire (US)
SAN FRANCISCO, Jan. 18 /PRNewswire-FirstCall/ -- OneLink
Corporation (OTC Pink Sheets: OLNK) announced today that it has
received feature-article coverage in the January 10, 2007 issue of
eTurboNews, a leading online newsletter for travel professionals.
As a result of the newsletter's feature, OneLink has peaked
widespread interest amongst travel professionals around the globe,
representing countries as diverse as Greece, Italy, Japan, Slovenia
and Uganda. It also received attention in the United Kingdom, where
OneLink plans to launch its novel technology by the end of the
second quarter. Over 20,000 travel agents are already
pre-registered for the product's UK release, and the company
expects to earn significant revenue from the business of these
travel agents alone. The article aptly describes one of the travel
industry's most problematic issues to date: the payment process.
With settlement of both booking fees and agents' commissions,
organizations like hotels are often left overburdened with
payables, while hard-working agents are left waiting on checks. The
issue becomes even more burdensome in the international markets,
where online payments have yet to become the popular trend, and the
timeframe for receiving and depositing checks is delayed by the
additional time required for international shipping and bank
settlement. Hazel Heyer, author of the OneLink feature, stated in
the article "for the travel agent, work will be streamlined. When
they use this model, agents will neither have to do all the
paperwork, nor send off reservations to hotels the traditional way,
awaiting pay-off for months." According to OneLink CEO, Bill
Guerin, "the travel agent is guaranteed commission. They do not
have to mess with collections or chasing receivables; instead, they
gain control of the transaction and cash flow." The coverage by eTN
and the influx of calls and emails from various players in the
international travel market seem only to echo the overwhelmingly
positive response that has been given in reaction to the OneLink
solution. While the company's involvement in various international
tradeshows and featured coverage in the Travel Distribution Report
last August gave great hope to a group of loyal followers, the
attention merely provided the industry with a glimpse of what lies
ahead for OneLink. Last week's coverage in eTN gave this
encouraging news to industry professionals around the world: "In
time, we will be a global service in the Americas, Asia and Europe.
Upon launch, we immediately become an international business by
virtue of our hotel supply being global. In five years, we will be
a standard service like IATA and ARC," stated Guerin. "They can use
OneLink as a solution to handle their payment processing issues.
When a booking occurs, we can assist them with integrating
processes with more efficiency in fulfilment and payment. We feel
we are truly a unique solution to a long-standing problem in the
travel industry." About OneLink Corporation: OneLink Corporation 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. For investor
relations information, contact: Gabe Sandler Sandler Communications
Inc. Tollfree: 866-772-0118 Email:
http://www.sandlercommunications.com/ DATASOURCE: OneLink
Corporation CONTACT: investor relations, Gabe Sandler of Sandler
Communications Inc., +1-866-772-0118, or , for OneLink Corporation
Web site: http://www.sandlercommunications.com/ Web site:
http://www.onelinkcorp.com/
Copyright