TIK SYSTEMS INTRODUCES "tikAERO"; I.T. TOOL DEDICATED TO LOW-COST AIRLINES BANGKOK (11 JANUARY 2006)--TIK Systems, a leading high-tech service provider to the global airline industry, today introduced one of the world's first integrated passenger reservation and airport departure control tools tailored to the needs of low-cost carriers, regional airlines and new entrants. The system, "tikAERO," is designed to provide maximum flexibility and functionality at a cost well within the operating budgets of smaller carriers and new entrants. Using tikAERO, airlines can efficiently manage flight planning, departure control schedules, reservations, ticketing, check-in, fare and revenue management and customer service all from a web-enabled platform. tikAERO's unique system architecture enables users to pick and choose among its various modules, or select tikAERO's robust end-to-end solution to manage all aspects of their operations. "The unprecedented challenges facing the world's airlines demand automated solutions that are as powerful as they are economical. This is especially true for smaller, low-cost airlines that must meet customer requirements, gain access to real-time data for reporting and decision making and execute a cost-effective business model on limited I.T. budgets," said Roland Heller, Managing Director of TIK Systems. "We developed tikAERO to deliver network carrier capabilities at a price that even the lowest-cost carrier can afford." tikAERO breaks with the philosophy of legacy mainframe-based airline reservation systems by offering a modular, scalable platform to support a low-cost airline's dynamic operational environment, Heller said. "tikAERO is more than an e-booking and check-in system," said Heller. "It also provides integrated yield management functions, revenue accounting and flight planning applications. It was conceived to serve as a strategic and tactical tool for low-cost carriers and regional airlines by combining the benefits of global distribution with full control over the airline's data. All operating information is shared on the network and easily accessible by any application or user on a scalable and robust platform." ABOUT TIK SYSTEMS Founded in 1995 and based in Bangkok, TIK Systems specializes in the development of travel management technology and offers a range of solutions including inventory, reservation, document production, departure control and online booking systems. Its suite of systems, software and services creates cost-effective travel solutions for airlines, airports, travel agencies, corporate travel management centers, the air cargo industry and government authorities. TIK Systems has operations in the US, Europe and Asia Pacific, and manages globally through a well established and flexible partner alliance network with worldwide locations. Bangkok, January 2006 |