August 15, 2005
National Business Travel Association Annual Conference
San Diego, CA
Runzheimer International Ltd. and Tri-Pen TravelMaster Technologies, LLC announced plans today to collaborate in providing a fully outsourced travel management intelligence service that provides organizations with real-time, actionable information regarding their travel spend, traveler policy compliance, preferred supplier contract tracking, and program benchmarking and reporting services.
"The beauty of this new service is that it is a fully outsourced solution that requires no upfront capital investment or technology support staff and allows clients simple access via their Web browser and a login ID and password," said Greg Harper, President, Runzheimer International. "Our clients have been asking for this type of service. They will gain full access to Runzheimer's Travel Management Network©, the premier source for unbiased travel cost benchmarking information as well as ongoing reporting services that combine Runzheimer benchmarking information with each client’s actual travel spend data."
"We are delighted to be working with Runzheimer," said Victoria Wofford, President of Tri-Pen TravelMaster Technologies. "Combining real-time actionable intelligence provided by our TravelMaster™ application together with the travel cost benchmarking services of Runzheimer provides a powerful solution with new levels of cost controls and pro-active management, allowing corporations to make accurate, informed and dynamic decisions that impact their travel programs in a positive way."
Ashton Adams, Co-Founder and CTO of Tri-Pen TravelMaster added: "this alliance provides organizations and travel management teams with productivity and cost savings advantages unavailable through any other technology in the market. Runzheimer's unbiased program benchmarking and reporting services combined with the delivery of real-time, technology driven actionable intelligence via TravelMaster™, provides a new level of program management capability that is second to none."
It is anticipated that the strategic alliance will be finalized between Runzheimer and Tri-Pen TravelMaster Technologies by the end of August, 2005.
About Runzheimer International
Founded in 1933, Runzheimer International serves 60 percent of the Fortune 500. Recognized for providing innovative solutions relating to employee mobility, Runzheimer is a global leader in employee-provided business vehicle reimbursement programs, employee compensation and relocation, and travel management.
For more information contact Phyllis Schumann at Runzheimer International, Runzheimer Park, Rochester, Wisconsin 53167, 262-971-2386, ps@runzheimer.com, www.runzheimer.com
About Tri-Pen TravelMaster Technologies
Tri-Pen TravelMaster Technologies specializes in Total Travel Cost Management™ technology tools. TravelMaster™, Tri-Pen TravelMaster Technologies' flagship product, is the first industry application which provides comprehensive integration of real-time corporate card and travel data in a single application and a complete suite of tools providing actionable intelligence to corporate travel management. Information about Tri-Pen TravelMaster Technologies is available at www.TravelMaster.com or e-mail Information@TravelMaster.com
