Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
Budget Center Inc. (OTC: BDGN) (the “Company) is pleased to announce
that the Company’s owned travel website www.budgethotels.com
has signed a Letter of Intent (“LOI”) for a “white paper affiliate”
agreement with Hotels Combined Pty Ltd. of Sydney, Australia.
The terms of the LOI outline an agreement with HotelsCombined.com to
proceed with a complete corporate build out utilizing Hotels Combined’s
extensive worldwide inventory to deliver a “Budget” brand to the end
user customer.
President and CEO of Budget Center Bob Chalmers commented, “We are very
excited about the potential revenues Hotels Combined will be able to
generate for Budget by providing access to over 900,000 global hotel
deals from over 30 merchants. This is a great opportunity for the
Company to become a complete global brand by allowing our customers from
all over the world to find the best deals and to have it delivered in 14
languages, 118 currencies, and in 195 different countries.”
Budget Center currently ranks #1 on Google search for its travel website www.budgethotels.com.
TravelMole, the online community for the travel and tourist industry,
recently reported that “Consumers are expected to embrace thrift for the
long term and operators need to adapt to this.”
About Hotels Combined
HotelsCombined.com is headquartered in Sydney, Australia and was
established in 2005 by a team of business, marketing and technology
experts from the online hotel reservation industry including former
executives of HotelClub.com, RatesToGo.com and Stella Hospitality Group.
HotelsCombined.com is a unique search engine that consumers can use to
find hotel availability and rates, and to compare prices and offers from
multiple merchants. Using our service, travelers no longer have to
search websites one by one to find the best deals and lowest rates. Once
you find the supplier suitable for your needs, we link you through to
the supplier website to book directly.
About Budget Center Inc.
Budget Center Inc. has commenced the development of its "budget"
category domain network in the online travel and related industries.
This program will include the development of the following highly
relevant and valuable "budget" brand domains: budgetairlines.combudgethotels.com,
budgetresorts.com,
budgetravel.com,
budgetskiing.com,
budgetadventures.com,
budgetentertainment.com,
and budgetcharters.com.
Budget Center is dedicated to delivering great value to its clients and
customers. Through its websites, the Company will strive to offer a
range of the best possible travel options for every budget. When
shopping at any of the Company-owned websites, visitors will receive
great value and service always at budget prices. The Company will
continually strive to meet its customers’ needs through ongoing market
research, partnerships, and quality offerings at the best savings
available.
Forward-looking Statement:
This news release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995 - forward-looking
statements concerning plans, objectives, goals, strategies, future
events of performance and underlying assumptions and other statements
which are other than statements of historical facts. These statements
are subject to uncertainties and risks including, but not limited to,
product and services demand and acceptance, changes in technology and in
economic, political and regulatory conditions and to all of the risks
generally associated with a company at Budget’s stage of development.
All such forward-looking statements, whether written or oral, and
whether made by or on behalf of the company, are expressly qualified by
these cautionary statements. In addition, the Company disclaims any
obligation to update any forward-looking statements to reflect events or
circumstances after the date hereof.