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Trip Davis Named Chairman of hotelicopter

CHARLOTTESVILLE, Va., April 29 /PRNewswire/ -- hotelicopter, the new hotel search engine, today announced that Trip Davis, Co-Founder and Chairman of TRX (Nasdaq: TRXI), has been appointed non-executive Chairman of hotelicopter, effective immediately.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090429/PH07578LOGO )

Adam Healey, hotelicopter's Co-founder and CEO, commented, "We're very excited that Trip has agreed to become our Chairman. He is the right person to help move hotelicopter into the next phase of the company's growth. I look forward to working closely with him in the coming months and years as we plan and execute our long-term strategic objectives."

Charles Seilheimer, hotelicopter's Co-founder, President and CFO added, "Trip has been on our Board since the close of our seed financing round two years ago. His familiarity with our business, knowledge of the travel industry, experience building businesses, and relationships with key companies and individuals makes him the ideal Chairman of our company."

Mr. Davis, 41, said, "It has been a real pleasure working with Adam and Charles over the last two years as we've built this business. I'm very excited about the innovation hotelicopter is bringing to the online travel market and I look forward to helping the company take full advantage of the opportunities presented to us in the years to come."

Trip Davis is the Co-Founder and Chairman of TRX, a global leader in travel technology and data services. TRX develops and hosts software for reservation processing, online booking, and data intelligence. The company delivers its technologies in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, and credit card associations. Publicly traded on NASDAQ (TRXI) and based in Atlanta, the company processes over $400 billion per year in travel volume and employs 800 people in the United States, United Kingdom, Germany, and India.

Trip co-founded TRX in December 1999 and served as the CEO and a Board member for nine years. He was named Chairman of the Board in December 2008.

Trip is recognized as a dynamic industry leader and contributor. He is the six-time Chairman of the Masters Program, the premier executive forum for corporate travel industry leaders. In 2007 and 2002, Business Travel News recognized him as one of the Top 25 influential executives in the travel industry. In 2005, the National Business Travel Association (NBTA) voted Trip its Member of the Year.

Prior to co-founding TRX, Trip was the Senior Vice President and General Manager of the Travel Industry Practice Group at iXL and Co-Founder and CEO of Green Room Productions, a San Francisco-based Internet travel technology company, which he sold to iXL in February 1998.

Trip earned a BA from Dartmouth College and an MBA from the Darden School at the University of Virginia.

About hotelicopter

hotelicopter is a hotel search engine. We help you decide where to stay for your next trip, and where you can book it for the best available price. hotelicopter searches rates and availability from 30 leading travel sites and over 150,000 hotels worldwide. Founded in 2006, hotelicopter is based in Charlottesville, Virginia. For more information, please visit www.hotelicopter.com .

SOURCE hotelicopter

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