Deal Announcements

TRX Acquires Hi-Mark Software For Expansion

Monday, December 11, 2006 6:00:00 AM PDT | VentureDeal Staff

ATLANTA, GA --  TRX Corporation (Nasdaq: TRXI) announced the acquisition of Hi- Mark Software for an undisclosed sum.

Hi-Mark Software serves travel agencies, corporations and airlines by providing data quality improvement, data acquisition, email notification and business intelligence applications.

According to TRX President & CEO Trip Davis, “In the corporate travel marketplace today, it is all about better access to and understanding of global transaction data.  The acquisition of Hi-Mark puts us in the best position to meet those critical market needs and directly supports our growth plan and our vision.”

The transaction is expected to close in January, 2007.

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