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Our Bureau

Thiruvananthapuram , March 3

IBS Group (IBS), a leading IT solutions provider to the global travel, transportation and logistics industries, has announced an alliance with Hotel Booking Solutions Incorporated (HBSI), a leading provider of `Demand Management' technologies and services to the global travel industry.

HBSI develops and delivers technologies and services that give travel companies the ability to build, harness, forecast and shape demand for their products and achieve market leadership. The HBSI platform integrates demand and supply for the hospitality business, which includes travel agencies, global distribution systems and hotel chains.

An established practice leader in the emerging discipline of `demand management,' HBSI (www.hotelbookingsolutions.com) and its intelligent demand management solutions bring order and simplicity to travel distribution, enabling travel companies to unlock the revenue potential from the complex distribution environment.

Under the terms of the agreement, IBS will provide HBSI with information technology services, system integration and technology consulting. Based on its proven best practices followed for clients that include some of the world's leading travel companies, IBS will support, enhance and maintain the HBSI core products and platform.

This alliance will help HBSI considerably expand its IT and product development capabilities, said Mr V.K. Mathews, Chairman and Managing Director, IBS Group. "The relationship with HBSI is not only an opportunity for us to deliver high-quality software engineering services, but also to jointly realise our shared vision of inventing the future."

According to Mr Larry Hall, Chief Executive Officer, HBSI, the alliance with IBS represents a significant milestone for his company and its clients. "We believe that this relationship will significantly add to our ability to enhance our core products and accelerate our company's growth," he added.

The alliance with IBS will help HBSI leverage its expertise in travel technology, and greatly enhance its ability to achieve its short and long-term objectives to the benefit of its travel clients worldwide, said Mr Peter Krebs, Chief Operating Officer for IBS Americas.

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