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In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.
Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy
into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending
on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial
Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will
rise and fall in value pretty much the same amount as the Dow or S&P.
You can also buy ETFs that invest in other
types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few
years, so there is no shortage of ETFs to invest in.
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Friday, July 18, 2008
Triton Signs Important Agreement With MilitaryToGo.Com
Comtex
SAUSALITO, CA, Jul 18, 2008 (MARKET WIRE via COMTEX) ----Triton Distribution Systems, Inc. (OTCBB: TTDS) announced today it signed a contract with MilitaryToGo.Com. All reservations, including ticketing, changes and exchanges handled through their website, will now be powered by Triton's ReservationExpert.
MilitaryToGo.Com's website focuses on military travel needs. This partnership will enable all branches of military personnel and their families the ability to create bundled packages that combine military rates with additional travel options.
"We are extremely excited to be partnering with MilitaryToGo.Com and handling all of their ticketing needs. We truly appreciate our military and the risk they take in defending our nation and we look forward to serving them and their families. We are proud to offer more airline, hotel and tour selections and higher quality service to them immediately," said Gregory Lykiardopoulos, Chairman and CEO for Triton.
Triton's plan is to make ReservationExpert the booking tool of choice around the world. It has been designed as a 21st Century solution to automate the travel industry. Our business model is transaction-based and Triton receives a fee each and every time a reservation is made. With this recurring revenue contract in place, we anticipate generating thousands of travel bookings per day.
About MilitaryToGo.Com
Their URL is www.MilitaryToGo.Com and they are based in Washington, D.C. They are a new entry in the travel industry and a leader in targeted clientele with websites branded and geared to servicing our soldiers and military personnel.
About Triton Distribution Systems
Triton Distribution Systems is a pioneer in low-cost, business-to-business, Internet-based travel distribution and procurement solutions. Triton provides the electronic distribution of travel inventory from airlines, car rental companies, hotels, tour and cruise operators, and other travel vendors to travel agencies and their clients on a global basis. Triton's proprietary products and services fill crucial needs in the travel industry, and offer product, pricing, and marketing advantages. Triton has developed a broad-based suite of products, including ReservationExpert(TM), TritonTwist(TM) and Red Dragon Express(TM) -- the world's first distribution gateway to the Chinese market.
FORWARD-LOOKING STATEMENTS This news release includes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
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SOURCE: Triton Distribution Systems
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