“We are fortunate to have a great product suite bringing innovative value to the single fastest growing online market segment in the travel industry, one that is growing at a compound annual growth rate of better than 20% and currently exhibits over $75 Billion in annual revenue. While these statistics in and of themselves are exciting, we believe that we are preparing to launch the finest business travel products yet -- products we believe will generate, accelerated growth and rewarding revenue and earnings streams in the coming 12 to 24 months.
I believe Red Branch Technologies stands on the precipice of global recognition and look forward to embarking on our next leg of growth and creating meaningful value for our shareholders as we share many new exciting developments with you in the coming days, weeks and months.”
Sincerely,
Doug Foran, CEO
Red Branch Technologies, Inc.
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CEO Addresses Shareholders Open Letter January 24, 2008
Management and Governance
Overview:
RBT has assembled a management and governance team that knows how to start and grow companies and can turn technology into competitive business advantage. The team has excellent alignment regarding corporate vision and business motivation as well as complementary skills and competencies needed to achieve RBT’s corporate goals. Most of all, this team spent a lot of time working with one another before we formed RBT. This promotes a high level of confidence that we can work together well, can trust each other to accomplish what the business needs and that we will spend our energies moving the business forward.
To provide best in class travel offerings that make business travel easier, more secure and more responsive for both the individual traveler and the corporation.
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RedBranch Technologies, Inc. (RBTI) is a publicly traded technology development and holding company focused on the travel sector. RBTI designs, engineers, develops and markets innovative technologies and services which benefit and support the hard-charging business traveler and their organizations. We do so by meeting travel needs at each point in the travel cycle – pre-booking (planning and scheduling), booking and reservations, en-route services and support and post travel services.
RBTI makes business travel easier, more secure and more responsive for both the individual traveler and the corporation. Unlike any of our competitors, RBTI’s innovative my|mTravel® and mTravel® products automate the business travel process from the traveler’s perspective; planning and booking, en route services and support, post-travel reporting, and unused ticket banking and redemption. RBTI’s IdentiFlyer™ security solution provides multifactor authentication and identity verification services preventing credit card fraud and identity theft. In addition, RBTI’s Magellan360, provides ticket fulfillment and 24/7 traveler support, as well as agency and Internet-delivered back-office services to independent professional travel marketers. RBTI delivers its products via the Web in a Software as a Service (SaaS) business model. RBTI’s commitment to Services Oriented Architecture (SOA); open source standards, offers rapid enterprise integration and customization for corporate clients.
mTravel® (corporate solution) and my|mTravel® (individual solution) solve major problems facing companies and individuals trying to reduce travel costs. Principally; reducing or eliminating travel agent fees, enforcing corporate travel policy and vendor agreements, managing unused tickets and offering secure integration with backend financial control and HR systems. Both products serve the corporate traveler in the office and on the road, including: single-click booking of flight, car and hotel, accommodating traveler preference and corporate policy, plus a complete set of mobile features providing travel status and trip modification in real time from a host of mobile devices. RBTI’s IdentiFlyer™ travel security services provide online transaction security by providing identity verification and strong authentication on a “Software as a Service” basis to online travel agencies (OTAs). These services reduce credit card fraud and identity theft. RBTI’s Trava, Inc., d/b/a/ Magellan360®, provides back-office and fulfillment services to over 125 independent travel professionals.
Red Branch Technologies Corporate Presentation
Products/Services
RedBranch Technologies has developed a suite of products and services focused on streamlining business travel. Beginning when travel is scheduled, and following through until the trip is complete, RedBranch supports business travelers every step of the way.
mTravel® (corporate solution) and my|mTravel® (personal solution) solve major problems facing companies and individuals trying to reduce travel costs. Principally: reducing booking fees, enforcing corporate travel policy and vendor agreements, managing unused tickets,and offering secure integration with backend financial control and HR systems. Both products serve the corporate traveler in the office and on the road including: single-click booking of flight, car and hotel, accommodating traveler preference and corporate policy, plus a complete set of mobile features providing travel status and trip modification in real time from a host of mobile devices.
RBT’s IdentiFlyer™ travel security services provide online transaction security by providing identity verification and strong authentication on a “Software as a Service” basis to online travel agencies (OTAs). These services reduce credit card fraud and identity theft.
RBT’s Trava, Inc., d/b/a/ Magellan360, provides back-office and fulfillment services to more than 125 independent travel professionals.
