TRX and COA Solutions Partner To Offer New Card Management Services

March 2008 - TRX, Inc. (NASDAQ: TRXI), a global technology company that develops and hosts software applications to process travel and financial data records and automate manual processes, and COA Solutions Ltd, a business applications software company, today announced the launch of a joint Card Management Services solution for airlines needing to lower their distribution costs and credit card feeds.

The solution supports the airlines' corporate direct invoicing and payment solutions as well as the Universal Air Travel Plan (UATP) network. In production since October 2007, the system is already processing approximately $600 million on an annualized basis in UATP and various payment products for major North American airlines.

COA Solutions and TRX's hosted solution makes it easy for airlines to run their own payment and UATP programs through an outsourced transaction processing and business intelligence platform. The hosted card management solution, which also provides industry-leading business intelligence and ERP integration, helps reduce carriers' operating costs, increase service to corporate customers, improve customer loyalty, increase market share, and reduce credit card fees.

The corporate travel arena has recently started to focus on the cost savings opportunities related to payment processing fees for corporate travel expenses. According to Pascal Burg, Edgar Dunn & Company, airline ticket purchases by credit card include fees amounting to 2.5% or more of the cost of the ticket. The UATP corporate travel payment network offers airlines a low-cost payment option, better enabling them to pass savings along to corporate travelers.

Said TRX President & CEO Trip Davis, "While helping carriers reduce distribution costs and increase service to their corporate customers, COA Solutions and TRX's Card Management Services help airlines provide corporations better data, better reporting, and better economics. We are very excited to expand our travel and financial data expertise to the airlines in partnership with COA Solutions. We are looking forward to demonstrating the value of our integrated and hosted card management and business intelligence platform to our airline clients and their corporate customers."

COA Solutions and TRX have integrated key components of their technology suites – the COA Solutions e5 Card Management software and TRX's DATATRAX file delivery and business intelligence platforms – to create end-to-end corporate Card Management Services. TRX will host the platform, building on its 20-year history of data consolidation, warehousing, and business intelligence for the travel and financial services arenas. In addition to leading edge technology from COA Solutions and TRX, the scalable solution provides proven data security and business continuity, freeing airlines to focus on their core business.

Mark Thompson, Managing Director, COA Solutions, said, "All service industries like the airline market have a real opportunity to increase profitability and customer experience by outsourcing and improving the management of their core business processes. The COA Solutions platform, coupled with TRX's expertise in hosted financial applications, offers the global airlines an immediate opportunity to realize these benefits."