Vayant Travel Technologies and 2e Systems GmbH Announce Partnership

FRANKFURT, Germany, June 24, 2011 -

- Unique, Integrated Solution will
Support airBaltic as First Customer

Vayant Travel Technologies, the next-gen airfare shopping and
pricing engine innovator, and 2e Systems announced today that they
have sealed a strategic partnership agreement and are providing
their integrated solution to award-winning airBaltic, the
fastest-growing airline in the Baltics and European Union’s
northeastern region.

The integrated solution utilizes 2e’s complete Internet Booking
Engine combined with Vayant’s proprietary Microproducts - FareList,
TaxQuote and IntelliPricer. “We have executed the delivery of our
solution relying on our core platform and additional micro-products
for airlines, enabling a smooth integration with our partner, 2e
Systems. Our goal is to provide a new breed of technology solutions
for airlines and offer a comprehensive suite that increases
flexibility and performance while driving down overall costs for
the carrier,” says Eric Dumas, Vayant’s COO.

“We are pleased to have found in Vayant a partner that brings an
easy to integrate suite of products as well as a powerful and
flexible B2B platform,” adds Phil Douglas, CEO of 2e Systems.

Janis Vanags, airBaltic’s Vice President Corporate
Communications, comments, “Low ticket prices helped airBaltic
achieve 16% growth last year of passengers travelling to/from the
airlines 80 destinations in Europe, Middle East, and Russia/CIS. We
are delighted that this partnership helps us to lower our
operational costs, while offering a single integrated
solution.”

About Vayant Travel Technologies
LLC

Vayant is an airfare search and shopping engine. Using
proprietary technology, Vayant’s flagship product OneSearch™
delivers personalized search results and increased itinerary
options improving the end user experience, decreasing customer
look-to-book ratios, increasing revenues, and cutting costs. Vayant
provides its suite of products to travel related companies such as
airlines, meta-search engines, online travel agencies, and tour
operators.

About 2e Systems GmbH

2e Systems is an online and mobile solutions provider for the
travel industry. 2e Systems not only provides customized Internet
Booking Engine solutions for leading airlines, but also delivers
sophisticated check-in and mobile notification systems. Having
started inside the German market some 11 years ago, 2e Systems now
serves 12 different airlines in 8 different countries.

About airBaltic

AIR BALTIC CORPORATION (airBaltic) is a joint stock company that
was established in 1995.  airBaltic serves 80 destinations
from its home base at Riga, Latvia. From every one of these,
airBaltic offers convenient connections via North Hub Riga to its
network spanning Europe, Scandinavia, Russia, CIS and the Middle
East. The primary shareholders are the Latvian state, with 52.6% of
stock, and SIA Baltijasaviacijassistemas, with 47.2% of stock. The
airBaltic fleet consists of 34 aircraft - six Boeing 737-500, eight
Boeing 737-300, two Boeing 757-200, ten Fokker 50 airplanes and
eight Bombardier Q400Next Gen. airBaltic carried 3.2 million
passengers in 2010. airBaltic offers nonstop flights from three
Baltic capital cities - Riga, Vilnius, and Tallinn. airBaltic
received the title of Airline of the Year 2009/2010 (Gold Award)
from the European Regions Airline Association. airBaltic is the
winner of Air Transport World Phoenix Award 2010 - a global
recognition of excellence in restructuring business. In summer
2010, airBaltic was chosen for anna.aero ANNIES Award as Europe’s
largest flag carrier by new routes. airBaltic won a special
Pacesetter Award 2010 from the Jury of the Budgies World Low Cost
Airline Awards, recognizing achievements of airBaltic as a hybrid
airline.

© 2011 Vayant.  All rights reserved.    

Ivo Dimitrov, Business Development Manager, idimitrov at vayant.com, +1-702-482-9268