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Subject: OASIS MEMBER NEWS: Sequoia Software and Sabre Inc. Team to Lower Travel Costs
From: Brittany Morris [mailto:bmorris@schwartz-pr.com] Sent: Tuesday, April 11, 2000 3:26 PM FOR IMMEDIATE RELEASE Contacts: David Schreiber Wendy Williams Sequoia Software Schwartz Communications (410) 715-0206 (781) 684-0770 dschreiber@sequoiasoftware.com wendyw@schwartz-pr.com Kelby Troutman Schwartz Communications, Inc. 781-684-0770 kelbyt@schwartz-pr.com Sequoia Software and Sabre Inc. Team to Lower Travel Costs Sequoia will Integrate Sabre’s Internet Travel Purchasing System with Enterprise Information Portal Application, Sequoia XML Portal Server COLUMBIA, Md. and FORT WORTH, TexasApril 10, 2000Sequoia Software Corporation, a leading provider and innovator of XML-powered software for creating Interactive e-business Portals, and Sabre Holdings Corporation (NYSE: TSG) today announced that Sequoia will provide connectivity to the Sabre Business Travel Solutions® corporate travel purchasing system through its Interactive portal application, the XML Portal Server™ (XPS). Sequoia will offer its customers integration with Sabre BTS as an optional feature beginning in the second quarter of 2000. The relationship will enable Sequoia to help customers better manage travel costs and save money. Sequoia is the first enterprise portal vendor to offer its customers desktop access to the Sabre BTS system. The resulting solution will allow Sequoia customers to provide their employees with a personalized Web page from which they can interact with corporate and Web-based information and fulfill their work-related travel needs. Sequoia customers can also intelligently link travel information with other information pertinent to the employee, such as customer or market data or specific reports associated with a travel destination. This reduces the effort involved in managing corporate travel and creates opportunities for gaining competitive advantage by leveraging XPS’s ability to aggregate information from disparate sources. "A report from Forrester Research titled, ‘Pumping Up Intranet Portals,’ noted that firms deploying enterprise portals must include so-called ‘populist apps,’ such as an online travel management application, to sustain interest in the portal and promote its enterprise value," said Jasen Fici, vice president of marketing for Sequoia Software. "By providing connectivity with Sabre, Sequoia delivers a compelling populist app as an integrated component of XPS, our interactive portal application. We believe the Sabre/Sequoia solution will be highly valued by our customers and are very pleased to announce this partnership." Sabre BTS is the industry’s leading online corporate travel management and procurement system, giving business travelers a quick and easy way to make their own travel arrangements on their computers while complying with corporate policies. Sabre BTS’ open framework allows it to easily integrate into enterprise portals, such as XPS, enabling the automation of the entire travel transaction, including rate negotiation, reservation booking, ticket fulfillment and policy compliance. "Sabre has proven that the automation of the total travel transaction can directly impact a company’s bottom line by streamlining processes and ensuring compliance with corporate policies," said Scott W. Smith, vice president and general manager for Sabre BTS. "Sequoia’s interactive portal application plays a similar role by giving employees access to the specific information and services they need to be more productive and effective." Sabre BTS enables businesses to track every travel dollar from pre-planning and purchasing to expense reporting and reimbursement giving the potential to save as much as 30 percent in total travel management costs. It is in use today by more than 300 corporations more than any other corporate travel management system. About Sequoia Software Sequoia Software Corporation is a leading provider and innovator of XML-powered software for creating interactive e-business portals. Sequoia’s flagship product, the XML Portal Server™ (XPS), gives users a Web-based, single point of personalized access to distributed information, along with the capability to publish, edit, change, or update content. As the cornerstone of an effective e-business strategy, XPS improves the accuracy of information search and retrieval, and fosters the interchange of information between organizations and their customers and trading partners. Sequoia’s customers include leading manufacturing, healthcare, financial services, insurance, and telecommunications firms. For interactive portal solutions that let you do more in less time visit www.sequoiasoftware.com or call Sequoia toll free (888) 820-7917. About Sabre Sabre is the global leader in applying information technology to meet the needs of the travel and transportation industries with advanced and innovative technology skills to deliver progressive solutions. Headquartered in Dallas/Fort Worth, Texas, the company has more than 10,000 employees worldwide who span 45 countries. Sabre reported 1999 revenues of $2.4 billion, up 5.6 percent from 1998. Net earnings excluding special items were $264 million, up 15.2 percent from the prior year. More information on Sabre is available on the World Wide Web at http://www.sabre.com. Sabre and the Sabre logo are registered trademarks of an affiliate of Sabre Inc. # # #
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