Extensity Inc. (Nasdaq: EXTN), a provider of Internet-based workforce optimization solutions, today announced that it has joined the OpenTravel Alliance (OTA). The OTA is a group of senior executives from various facets of the travel industry, including lodging, airline carriers, credit card issuers, and online booking and computer reservation system companies, who are helping drive technology standards that will make the electronic exchange of travel related information easier. Extensity’s participation builds on Extensity’s mission for delivering technology that enables seamless access to business content, commerce and services through its suite of Internet-based applications to improve productivity of employees across the enterprise.
By ensuring the free flow of travel information over the Internet, the OTA’s goal is to help customers be more efficient in researching and booking travel online. With standards built on XML specifications, customers will be able to easily mix and match trip-related information from multiple sites rather than stepping through disconnected sites and processes for online travel.
“By making it easier for customers, OTA’s work will help online travel distribution grow well beyond its current market penetration of three percent,” said Nick Lanyon, Board Member, OpenTravel Alliance and Chairman, Lanyon, Inc. “Extensity has been a leader in Internet technology and we are pleased to have the benefit of their expertise in defining and defining and driving this standard.”
“Extensity’s applications are used by employees across the enterprise. Because our applications serve as a gateway to business content and services over the Internet, we fully support standards that will enable customers to get universal access to whatever sources of information they need,” said Mark Oney, vice president of engineering, Extensity.
Extensity’s solutions help transform the way companies do business by automating routine and time consuming administrative tasks including management of travel and expense, procurement and billable time so that employees can focus on higher-value core business activities. The Internet applications share a consistent user interface across the suite and are integrated to provide enhanced business intelligence for management reporting.
“Both OTA and Extensity can be viewed as winners by Extensity’s decision to join OTA. One main advantage of OTA membership is the opportunity to be in tune with not only what the travel industry is doing with e-commerce but also what software technology is working on for the future,” said Kim Lambert, Director of Electronic Commerce for the Air Transport Association of America. “With Extensity’s Internet technology and OTA’s already well established travel leaders, the entire industry will benefit.”
Extensity provides Internet-based workforce optimization solutions designed to improve the productivity of employees across the enterprise and to enhance operating efficiency. Extensity’s solutions transform the way companies do business by automating routine and time consuming administrative tasks including management of: travel and expense, procurement and billable time, so that employees can focus on higher-value core business activities. As a result, enterprise organizations are able to realize a rapid return on investment. Extensity has over 300,000 seats licensed worldwide to 70 customers, including: BEA Systems, Cendant Business Services, Cisco Systems, Clarify, Documentum, Gelco Information Network, Genesys Telecommunications, Home Box Office and Sybase. For more information on Extensity, go to www.extensity.com.