WESTON, FL--(Marketwired - Mar 22, 2016) - Monaker Group (OTCQB: MKGI), a technology driven travel company, announced today that its subsidiary, Maupintour, has signed a sponsorship agreement with Trisept Solutions, the parent company of VAX VacationAccess and Xcelerator.
VAX VacationAccess is an award-winning leisure travel marketplace that is used by over 70,000 travel agents where Maupintour will be featured through a Supplier Showcase, select advertising and educational webinars. Xcelerator is a new, revolutionary agency management platform that enables travel agents to capture extensive client profile and trip information. Xcelerator will launch research and book functionality in Q2 using the Cognitive Conversion platform, which was developed by travel search and discovery company WayBlazer and is powered by IBM Watson. Maupintour will be featured on Xcelerator through both the trip planning functionality and advertising.
Mr. Bill Kerby, Monaker Group's Chairman and CEO, stated, "We are very excited for this deal with Trisept Solutions and believe it will be a unique accelerator for our Maupintour brand and business. VAX's Xcelerator platform gives their travel agents a significant competitive advantage and now that Maupintour is one of the first to integrate with it, it should give us a competitive advantage on our peers."
About Monaker Group:
Monaker is a technology driven travel and digital marketing company. Core to the Company's services are key elements including technology, an extensive film library, media distribution, trusted brands and established partnerships that enhance product offerings and reach. Consumers are quickly adopting video for researching and educating themselves prior to purchases, and Monaker has carefully amassed video content, media distribution, key industry relationships and a prestigious Travel Brand as cornerstones for the development and successful deployment of core-technology on both proprietary and partnership platforms. Monaker recently launched its Video Tour Guides ("VTG") and customized video rich travel itinerary offerings, and launched its comprehensive travel platform in early 2016. Planned integrations and additional functionality to the Travel Platform include enhanced video, language conversion, and dynamic booking capabilities, all working together to assist the consumer in their decision and purchasing process. The platform is a combination of proprietary and licensed technology, connecting and searching both large travel suppliers and, perishing and alternative lodging inventories for the benefit of consumers and stakeholders.
About Trisept Solutions
Trisept Solutions (a division of The Mark Travel Corporation) was formed in 2000 with a team that leveraged more than 15 years of thought leadership, development and operational excellence in the field of leisure travel technology. Trisept Solutions was first to master the concept of dynamic travel packaging in the electronic world, and today serves airlines, hotel companies, resorts, tour operators, travel agencies, tourist bureaus, airline alliances, theme parks and other suppliers. Headquartered in Milwaukee, Wisconsin, with an office in Irving, Texas, the company employs a committed team of 150 professionals. For more information on Trisept Solutions, visit www.triseptsolutions.com.
Safe Harbor Statement:
This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of Monaker Group, Inc. These statements are only predictions and actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, some of which are out of our control. The potential risks and uncertainties include, among others, or the expectations of future growth may not be realized. These forward-looking statements are made only as of the date hereof, and Monaker Group, Inc. undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. All forward looking statements are expressly qualified in their entirety by the "Risk Factors" and other cautionary statements included in Monaker Group, Inc.'s annual, quarterly and special reports, proxy statements and other public filings with the Securities and Exchange Commission ("SEC"), including, but not limited to, the Company's Annual Report on Form 10-K for the period ended February 28, 2015 which has been filed with the SEC and is available at the SEC's website at www.sec.gov.