Press ReleaseE: Travelocity.com
October 12, 2000
FORT WORTH, TX -- Travelocity.com (Nasdaq: TVLY), the leading travel Web site, yesterday announced the launch of
the first worldwide mobile flight booking tool, as well as a rebooking capability. These new tools are designed
to provide on-the-go travelers with an innovative and convenient way to purchase airline tickets via Internet-enabled
mobile phones and wireless hand-held devices.
Consumers now can access the wireless flight booking tool for more than 95 percent of all airline seats sold, and
flight booking is available through Travelocity.com's mobile commerce partners, including carriers AT&T Wireless
Services, British Telecom, Nextel and Vodafone, and wireless hand-held devices from OmniSky and Palm.
The company also is introducing its flight rebooking tool through its mobile commerce partners. With the touch
of a few buttons, a traveler who finds herself running early or late for a flight will be able to quickly rebook
on a different flight.
``Analysts are predicting that the number of Internet-enabled mobile phones will grow 200% by 2003, demonstrating
mobile commerce to be one the fastest growing service segments,'' said Terrell B. Jones, president and chief executive
officer of Travelocity.com. ``Our goal is to provide consumers with the latest technology in the travel industry
to enhance the way they shop for and buy travel. Our strategic wireless partnerships coupled with our vast database
of travel information has made Travelocity.com a true pioneer in mobile commerce.''
Travelocity.com already offers numerous features in its vast mobile channel line-up. Currently, consumers can review
existing flight itineraries, check flight status, review flight schedules for all major airlines and view the weather
in all major U.S. cities.
Additionally, the company has been a pioneer in mobile technologies, dating back to 1997 when it launched Flight
Paging. In December of 1998, Travelocity.com became a charter content partner for the Palm VII(TM) connected organizer,
the first hand-held solution for out-of-the-box wireless communications and Internet access.
Beginning in 1999, Travelocity.com embarked on partnerships with worldwide mobile phone companies such as British
Telecom and Vodafone. This year, the company extended its reach to provide travel services for AT&T Wireless
Services and Nextel Internet-enabled mobile phones. Additionally, the company recently signed an agreement with
wireless portal OmniSky to provide travel content for Palm V wireless devices.
``Our depth of experience in providing useful travel information along with our breadth of reach in this emerging
industry is positioning Travelocity.com as the clear leader in wireless travel services,'' added Jones. ``Our mobile
channel features are yet another way Travelocity.com is expanding our business model to enable our members to take
full advantage of progressing technology.''
Travelocity.com's mobile booking tool is already available on several of its mobile commerce partners, and the
rebooking tool will be available by the end of October.
About Travelocity.com
Travelocity.com, the leading travel Web site and third largest e-commerce site, provides reservations capabilities
for 95 percent of all airline seats sold, more than 48,000 hotels, more than 50 car rental companies, and more
than 5,000 vacation and cruise packages. This reservations capability is paired with access to a vast database
of destination and interest information. To date, Travelocity.com has sold more than ten million airline tickets
and has more than 22 million members.
This news release contains forward-looking statements that involve a number of risks and uncertainties. Among the
important risk factors that could cause actual results to differ materially from those indicated by such forward-looking
statements are risks associated with the timing of the new product releases and risks that the new products will
not be successful in the market as well as risk factors detailed from time to time in the company's periodic reports
and registration statements which are filed with the Securities and Exchange Commission.
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CONTACT:
Ashley Wehrly (ashley@vollmerpr.com) Judy Haveson (judy@vollmerpr.com) 512/472-3515 VOLLMER
SOURCE: Travelocity.com