Trading Update and new contract with Galileo
DATALEX Dublin, Ireland, December 9, 2003 Trading Update When announcing the results for the six months ended 30 June 2003, it was noted that the increased revenues reported for that period confirmed that the market was continuing to recover and expand. While the outlook remains generally positive, the Company is experiencing some delays in the closure of contracts. These contract delays will have an impact on revenue and bottom line expectations for the second half of 2003. Revenues for the second half of 2003 are expected to be broadly in line with the first half of 2003. Despite these timing issues relating to contract delays, the Company continues to be positive about an improvement in performance for 2004. Datalex and Galileo to deliver web-booking platform to United Airlines Through a strategic alliance with electronic global distribution services provider, Galileo, Datalex will implement its Internet booking engine as part of a reservations hosting technology and network management contract between Galileo and United Airlines, one of the world’s largest carriers. The project involves Datalex customizing its booking engine and managing its integration with other components of the United multi-channel product offering. “We are delighted to be working with customers of the calibre of Galileo and United Airlines,” said Neil Beck, CEO of Datalex. “The agreement, which includes an element of transaction fees, reflects a long-term relationship, through which Datalex technology products and services will continue to provide the solutions necessary to remain competitive in multi-channel travel distribution, and is a further testament to our dedication to quality.” About Datalex Datalex provides Internet booking technology to leading global travel industry suppliers and distributors that enables them to distribute a broad range of travel components across multiple markets. Founded in 1985, the company is headquartered in Dublin, Ireland, and maintains offices across Europe, the USA and Asia-Pacific. Datalex is a publicly held company traded on the Irish Stock Exchange (symbol: DLE, and also OTC: DLEXY). For more information, please visit the company’s Web site at www.datalex.com.
Datalex
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