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Aug 9, 2006 (newstodate): GF-X has announced the start of a search for a strategic partner.
-GF-X has completed nearly six years of operation during which we have succeeded in proving the e-bookings concept and successfully implementing what is now the world's leading e-booking system, says Demetrios Zoppos, GF-X managing director.
-We now exceed 1m annual bookings and have secured a large market share. The time is now right to seek a strategic partner who can offer technological and commercial synergies and help GF-X take the business to the next level of success. Therefore, we are seeking this funding to accelerate developments for the benefit of our clients and the industry as a whole - we are not only looking at purely financial investments.
-Our current bookings are 1.3 million on an annualised basis, with July 2006 transactions reaching close to record numbers with 109,000 transactions made via GF-X during the month.
-In terms of how this breaks down by region, Europe and the Middle East currently accounts for 49 percent of our transactions base with an additional 29 percent represented by the Americas, and 22 percent by Asia Pacific, says Mr Zoppos.
-GF-X has completed nearly six years of operation during which we have succeeded in proving the e-bookings concept and successfully implementing what is now the world's leading e-booking system, says Demetrios Zoppos, GF-X managing director.
-We now exceed 1m annual bookings and have secured a large market share. The time is now right to seek a strategic partner who can offer technological and commercial synergies and help GF-X take the business to the next level of success. Therefore, we are seeking this funding to accelerate developments for the benefit of our clients and the industry as a whole - we are not only looking at purely financial investments.
-Our current bookings are 1.3 million on an annualised basis, with July 2006 transactions reaching close to record numbers with 109,000 transactions made via GF-X during the month.
-In terms of how this breaks down by region, Europe and the Middle East currently accounts for 49 percent of our transactions base with an additional 29 percent represented by the Americas, and 22 percent by Asia Pacific, says Mr Zoppos.