AREMIS(tm) Completes Agreement with Newtrade Technologies Inc.

13th Nov 2001

New Partnership Establishes AREMIS(tm) Direct, An Online System That Enables Consumers To Book Reservations Directly
Atlanta, GA - AREMIS (a SoftBrands company) announced today that it has signed a distribution agreement with Newtrade Technologies Inc., the travel commerce machinery company, building and marketing advanced systems that streamline travel, tourism and hospitality commerce.

Under the terms of this agreement, AREMIS will market, install and support Newtrade`s web-based “portal” systems (or streamlined links that connect Internet users to information) under the brand name, AREMIS Direct. AREMIS Direct will support AREMIS customers by allowing potential guests and travel agents to seamlessly book from hotel and resort web sites, Internet portals, and GDS.

“By creating AREMIS Direct, we will combine the technology developed by Newtrade with our solutions and provide our customers the opportunity to accept Internet reservations directly into their systems,” commented Mark Sadosky, AREMIS Executive Vice President Sales and Operations.

“Consumers will have the ability to book their reservations directly to a hotel`s web site. We will give hotels the tools to manage rates and inventory for each online distribution channel independently, at an affordable price. In addition, online travel agencies, electronic distribution systems, and Internet portals may secure rooms from a centralized inventory base,” Sadosky continued. “AREMIS Direct will provide seamless delivery of the transaction into its comprehensive central reservations and property management systems. This agreement enables AREMIS to provide the industry with a single provider of GDS, C/Res, and PMS solutions.”

“We are excited about the relationship we have developed with AREMIS. Our strategic partnership will enable them to better position the AREMIS and LANmark property management systems,” began Alan Young, Vice President, Hotel and Systems Integration, Newtrade Technologies Inc. “All AREMIS property management solutions will now have the ability to connect seamlessly with the GDS community, online travel agencies and proprietary hotel web sites, thus enabling hotel revenue managers to truly control their entire inventory in one consolidated area.”


About Newtrade Technologies Inc.

Newtrade Technologies Inc. unlocks the potential trapped in the complex process of buying and selling travel. It builds and markets advanced systems that streamline travel, tourism and hospitality commerce. Newtrade`s passion for tackling the “dirty work” of disparate systems integration (PMS, CRS, GDS, Web, wireless) enables industry players to profit from an array of online channel management solutions, unprecedented control over their supply and distribution network, and efficient seamless connectivity. Founded in 1997, Newtrade is a privately held company. For more information on Newtrade, consult their web site at


AREMIS is a leading international supplier of enterprise-wide software and Internet-enabled solutions for the hospitality industry. The Company serves its global customer base through worldwide sales and support and software development. AREMIS has over 5,000 customers.



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