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Cadabra signs up five new territories

Telecomworldwire, Sept 4, 2008

TELECOMWORLDWIRE-4 September 2008-Cadabra signs up five new territories(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Cadabra, a New Zealand software house specialising in the tourism industry, announced on 4 September that it has signed five new territory licences in the last two months, covering the UK, Australia, Malaysia, Scandinavia and Poland.

A total of 18 territory licences have now been signed for the firm's www.cadabra.comonline travel planning system, which is an itinerary-based website that gives the end user the tools to plan their tour completely online.

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Cadabra's sales model restricts licences to one inbound tour operator in each country or territory. The firm charges no up-front fees, relying on a percentage fee on transactions through licence sites for revenue.

((Comments on this story may be sent to tww.feedback@m2.com))

COPYRIGHT 2008 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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