GBTA Convention 2019 - Online Press Room

TUESDAY, 25 AUGUST 2009

The State Of West Virginia Signs Five-year Deal With TRX For Integrated Booking And Expense Management Services

Industry Partners TRX and DATABASICS Team Up To Provide End-to-End Booking and Expense Management


ATLANTA -TRX, Inc. (NASDAQ: TRXI), a global leader in travel technology and data services and DATABASICS, provider of the market’s most comprehensive travel expense reporting solution, today announced that the State of West Virginia has signed a five year agreement to use TRX’s RESX Online Booking solution featuring a seamless integration with DATABASIC’s ExpenSite expense reporting service as its travel and expense management solution. Beginning in September, TRX will support the State of West Virginia’s travel program that represents more than 40,000 travelers state-wide.

Under the agreement, TRX and DATABASICS will provide an integrated travel and expense reporting solution that will offer a seamless user experience from pre-trip authorization and travel booking to expense reporting, receipt management and analytics in a single, secure environment. The solution will enable the State of West Virginia to move from a paper and labor intensive process to an automated, more environmentally friendly process that will reduce costs and increase policy compliance.

“We are looking forward to working with TRX and DATABASICS to provide the State of West Virginia travelers with the most efficient and effective travel experience possible,” said Glen B. Gainer III, State Auditor. “We believe the joint offering provides the right balance and choice in functionality, and we are able to draw from the vast experience both providers bring to better meet our business needs,” added Gainer.

“This was one of the most significant joint deals completed so far in 2009,” observed Alan Tyson, CEO of DATABASICS. “The requirements were also among the most demanding. Our team won not only because we were able to demonstrate functionality that others only talk about. We won because of the flexibility, understanding and commitment we displayed. The State recognized that Software-as-a-Service goes beyond running an application on remote computers. It requires vendors who will see the implementation through. We clearly were best prepared to do this and are very gratified to be the State’s choice.”

“This win is further evidence of our continued progress towards providing a true end-to end-solution,” said Shane Hammond, President and CEO, TRX. “We’ve found there is a growing demand for providers to deliver ‘true choice’ in travel management solutions centered on clients’ specific business practices. The state of West Virginia recognized our joint value proposition as being the one could most effectively meet the demands of the State’s operations and we are pleased to have been selected.”

DATABASICS and TRX have been active integration partners since the 2008 announcement of an integrated solution.

“We are enjoying success jointly bidding for corporate and government business with strong TMC players and nimble expense providers like DATABASICS. We plan to aggressively step up the pursuit of bundled booking and expense customers with key partners. The general open architecture and ease of integration with our Web Services layer makes it a seamless experience for the customer,” added Hammond.

About TRX | TRX (NASDAQ: TRXI) is a global leader in travel technology and data services. We develop and host software applications that process data records and automate manual processes, enabling our clients to optimize performance and control costs. We deliver our technology applications in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. TRX is headquartered in Atlanta with operations and associates in North America, Europe, and Asia. Please visit the company's Website at www.trx.com.

About DATABASICS | Based in Reston, Virginia, DATABASICS is the leader in integrated travel expense reporting. DATABASICS offers expense reporting, expense budgeting, receipt management, audit, ACH employee reimbursement and full travel and accounting integration. A recipient of the Deloitte and Touche Fast50 award for the state of Virginia, DATABASICS serves clients across a wide spectrum of sectors including federal contracting, state government, non-profit, manufacturing, health care, IT, telecommunications, aerospace, financial services, and professional services. Please visit the company's Website at www.data-basics.com.


ORGANIZATION

TRX, Inc.
www.trx.com
2970 Clairmont Road, Suite 1300
USA - Atlanta, GA 30329
Phone: 404-629-6100
Email: trxsales@trx.com


CONTACT

Stephen Carroll
Senior Director, Product Marketing
Phone: 469-222-1999
Email: stephen.carroll@trx.com



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