SAUSALITO, CA, Apr 09 (MARKET WIRE) --
Triton Distribution Systems (OTCBB: TTDS) has retained Scottsdale Capital
Advisors to provide financial consulting and investment banking services to
the Company. Scottsdale Capital will focus on optimizing strategies to meet
Triton's working capital requirements and improve its balance sheet.
The Scottsdale Capital engagement is an important component of a new
globalcorporate success plan which includes: fulfilling existing and prospective
travel
distribution contracts; undertaking strategic acquisitions in China and Europe;
and, rebranding the Company to accentuate the commercial scalability of Triton's
proprietary Internet technology and its competitive position in the emerging
domestic
and international Chinese travel markets.
Scottsdale Capital Advisors is a boutique brokerage firm with investment
banking,
underwriting and market making capabilities. Leading the Triton engagement is
Neil Dabney, Director of Private Equity. Mr. Dabney has over 33 years of
experience in the investment field, including serving as a Senior Vice
President in Drexel Burnham's High Yield Bond Department, co-founding the
Dabney/Resnick companies (now known as Imperial Capital), forming creditors
committees and structuring and successfully completing numerous equity
placements,
in the $10 to $15 million range, for micro cap issuers.
About Triton Distribution Systems
www.tritonds.com
Triton Distribution Systems is a pioneer in low-cost,
business-to-business,Internet-based travel distribution and procurement
solutions. Triton provides
next generation electronic distribution of travel inventory from airlines, car
rental companies, hotels, tour and cruise operators, to travel agencies
around the world including agencies in China. Triton's proprietary products and
services provide an investment opportunity in the travel sector by offering
greatly needed product, pricing, and marketing advantages to a growing industry.
Triton has developed a broad-based suite of products, including
ReservationExpert(TM), TritonTwist(TM) and Red Dragon Express(TM) -- the
world's first distribution gateway to the Chinese market.
Forward-Looking Statements
This news release includes forward-looking statements that are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. While these statements are made to convey to the public the company's
progress, business opportunities and growth prospects, readers are cautioned
that
such forward-looking statements represent management's opinion. Whereas
management
believes such representations to be true and accurate based on information
and data available to the company at this time, actual results may differ
materially from those described. The company's operations and business prospects
are
always subject to risk and uncertainties. Important factors that may cause
actual results to differ are set forth in the company's periodic filings
with the U.S. Securities and Exchange Commission.
To receive public information, including press releases, conference calls,
SEC
filings, profiles, investor kits, News Alerts and other pertinent information
please click on the following link
http://www.b2i.us/irpass.asp?BzID=1391&to=ea&s=0
For Investor Inquires:
Capital Group Communications, Inc.
Mark Bernhard, Daniel Shea or Anthony Evans
415-332-7200
Email Contact
Contact:
Peggy Fok
415-339-4635
Email Contact
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