GOQUO’S ‘SPECTACULAR SUCCESS’ AT WTM 06

London, 13 November 2006 – Fast-growing online technology solutions specialist GoQuo (www.goquo.com) reports that its first-ever appearance at the 2006 World Travel Market was ‘a spectacular success’, winning a major technology award and securing at least £250,000 of new business at the show.

GoQuo, created by founder and managing director Ron Ramanan just three years ago to provide the travel trade with value-packed online technology solutions, won the Dynamic Packaging Tools Online category in the WTM / travelmole technology awards. There were over 1,000 nominations across the 14 award categories.

Six Confirmed New Customers
During WTM 06, the GoQuo team secured at least six new customers – travel agency and consolidator businesses in the UK, Canada, United Arab Emirates, Mexico and India – which will deliver around £250,000 in new revenue for GoQuo. The team even had to draft contracts on display PCs on the stand because new clients wanted to finalise deals there and then.

Chosen By Malaysia’s Biggest TMC
Just before WTM opened, GoQuo announced that its technology solutions had been chosen by Holiday Tours & Travel, Malaysia’s biggest travel management company, and with a growing presence in the travel leisure market. This significant win came just weeks after GoQuo opened a new regional office in Kuala Lumpur, part of its growth strategy which is targeting the Far East and Asia travel markets.

Ramanan said GoQuo’s decision to attend WTM for the first time had brought the company wider recognition for its GQAgent, GQDynamic and GQConsol online technology solutions. They enable travel agents and consolidators to maximise the revenue potential of their web sites or intranet / extranet services, and GoQuo’s proposition of technology affordability, efficiency and customisation has seen it increase its customer base by over 400% in the last year.

Spectacular Success
“It’s been a spectacular success for us,” commented Ramanan, “and far exceeded our expectations. Winning the technology award was a superb bonus as it shows that the industry is recognising the value that GoQuo delivers. More important was winning at least half a dozen new clients, as that helps fuel the business, and I’m pretty sure we’ll be finalising agreements with more agents in the next few weeks.”

He added that three years ago, he walked around WTM as a visitor and decided that one day, he would be exhibiting there – ‘now I’ve got WTM 2007 in my sights’.

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About GoQuo
Positioned at the forefront of travel technology, GoQuo (www.goquo.com) is a dynamic, established software solutions provider in the UK. Headquartered in London, GoQuo products are used by UK, US, European, Asian and Australian travel clients to give them a more dynamic presence in the online travel marketplace, and to help travel companies fulfil their market expansion plans and optimize their efficiency with robust and cost-effective technology solutions.