PHOENIX, Ariz., May 2, 2000 (PRIMEZONE) -- Peragis, Inc., a wholly owned subsidiary of Canadian parent company Points North Digital Technologies (CDNX:PNS), has established headquarters in Phoenix, Arizona. Peragis was incorporated in the State of Delaware on March 1, 2000. The management team, comprised of Glen Kirby, CEO; Shelly Frank, President; and Byron Smyl, Vice President of Business Development, has moved to Phoenix and will be working on new travel solutions and services under the Peragis name.
"The move to Phoenix will give Peragis the opportunity to continue to penetrate the U.S. market with our travel solutions and services," said Glen Kirby, CEO. "This management team brings years of experience working together in Canada at Points North Digital Technologies and we plan to use our new headquarters as a launch for our U.S. presence."
The Peragis travel solution offers buyers and sellers of travel products unique real-time, business-to-business e-commerce solutions. The company has formed strategic alliances and business relationships with leading reservations systems and travel suppliers such as Sabre, Galileo, Sprint Canada, Inc., Compaq Financial Services Canada and EDS Innovations Inc. Peragis, Inc. has U.S. offices in Arizona & North Carolina and Canadian offices in Toronto, Calgary, and Saskatoon.
This release contains forward-looking statements including discussions on Points North's position, growth opportunities and strategies. These forward-looking statements involve known and unknown risks, which may cause our actual results and performance to be materially different from the future results and performance stated or implied by the forward looking statements. Some of the risks you should consider include Points North's ability to negotiate and enter into new client engagements and whether those engagements will be on terms favorable to Points North, Points North's ability to realize its anticipated growth rates, and how Points North manages its growth and integration of acquired businesses and personnel.
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