2005 Revenues Anticipated at $5.2 to $5.8 Million; Projected 2006 Figures Estimated to Increase to $42-$48 Million (Revenues), $11.5-$13 Million (Operating Income) as Core Service Debuts
SAN FRANCISCO, Sep 13, 2005 (BUSINESS WIRE) -- Onelink4travel, Inc. (OLKT), a provider of integrated global distribution and financial settlement services to the travel and tourism industry, today announced it anticipates solid revenues for its 2005 fiscal year ending December 31, 2005, and stronger revenue and income for its 2006 fiscal year ending December 31, 2006 based on the scheduled launch of its core travel industry reservation and settlement service by the end of 2005.
For 2005, Onelink4travel estimates it will realize total revenues of between $5.2 million and $5.8 million generated by continuing business operations from the company's two recently-acquired travel industry companies, now known as Onelink4travel Call Center Services and CCRA International. For 2006, Onelink4travel total revenues are expected to grow to between $42 million and $48 million, resulting in projected operating income of $11.5 million to $13 million for the year.
"Having fully integrated our two current business units, as well as completed most of the work necessary to launch our core product, we are pleased to announce our revenue projections," said Bill Guerin, chairman and CEO of Onelink4travel. "The robust revenue growth from 2005 to 2006 is based on the anticipated acceptance of our new services by travel agents and travel industry vendors. We believe that the ability of our product to relieve a major 'pain point' within the travel industry--namely the upfront financial settlement for lodging and other important travel services--will provide the foundation for a successful launch and resulting positive financial performance."
Onelink4travel currently employs more than 100 people in 15 U.S. states and the UK. The firm has grown significantly in 2005 through strategic acquisitions made to complement and support its upcoming core service offering. Onelink4travel's signature service will enable travel agencies to book and realize up-front commission for a range of non-airline travel services commencing with hotel rooms. On the supply side, hotel companies and eventually other types of vendors such as car rental suppliers and cruise lines should be able to benefit from new options in reservations and pre-paid income.
to make a million bucks over night" 
