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Online Travel Corporation PLC 2 November 2000 Online Travel Corporation plc New strategic partnership with telegraph.co.uk telegraph.co.uk has signed a deal with Internet travel service provider Online Travel Corporation plc ('OTC'), to provide online booking on its forthcoming Travel Channel. Currently telegraph.co.uk offers browsers up to the minute international, domestic and financial news, as well as sport, lifestyle and recruitment information. The new travel site will offer telegraph.co.uk users the opportunity to choose from the full travel service offered by OTC, including bespoke package holidays, flights, hotels, car hire, late deals and travel insurance. It will also provide users with features on travel destinations, travel reviews and other essential tips to make online travel planning hassle free. Browsers will be able to tailor their requirements with options to search by destination, type of travel, cost and length of stay. Holidays can also be selected by a variety of categories such as activity, adventure, honeymoons, skiing, city breaks or even shopping. 'This new deal will strengthen the Telegraph's position on the net as a travel provider,' said Alex Hole, sales manager, telegraph.co.uk. 'OTC will provide our browsers with an excellent choice of travel ideas without having to pick up the phone or move from their desk. All the research and transactions will be done at the click of a mouse.' Commenting on the new deal, OTC Managing Director Mark Jones said: 'We are very excited about this partnership. The Telegraph has long been synonymous with travel and we will offer telegraph.co.uk users a full online travel service supported by our call centre. The telegraph.co.uk user profile is ideally suited to the new bespoke travel booking module we expect to have available for the launch.' For further information, please contact: OTC Mark Jones, Managing Director Tel: +44 (0) 20 8255 5521 Robert Falkner, Finance Director Tel: +44 (0) 20 8607 9281 Buchanan Communications Nicola How / Isabel Petre Tel: +44 (0) 20 7466 5000 Notes to Editors: On Line Travel Corporation plc OTC is an Internet based travel technology and distribution business, providing a comprehensive range of technological solutions, travel products and ancillary travel services to ISP's, Media and Affinity Groups and Corporate Organisations. It provides bespoke technology solutions linked to its wide product range to produce a one-stop travel service through the Internet, supported by telephone call centres for leisure and corporate clients to fulfil their travel needs. OTC provides a comprehensive range of travel products and ancillary travel services is both a travel agent and tour operator. OTC strategy focuses on low-cost routes to market with lower customer acquisition costs compared to that of a mass-market consumer brand and is focused on selected business areas. OTC has launched 47 travel sites with Strategic Partners in 9 months - 35 within leisure travel, 6 within corporate travel and 6 within concession travel. This has increased OTC's potential customer base to over 10 million online users. OTC is quoted on the Alternative Investment Market of the London Stock Exchange, having been admitted in June of this year after raising £6.5 million. telegraph.co.uk * telegraph.co.uk was launched as the Electronic telegraph in 1994 and it was the UK's first national on-line newspaper. From late autumn 2000 it will launch new, commercially-driven channels. * telegraph.co.uk is part of Hollinger Telegraph New Media (HTNM) - the online development and investment arm of Telegraph Group Limited and Hollinger International Inc. * HTNM was established in 1999 and aims to leverage the media expertise and content of the Hollinger Group of companies, including Telegraph Group Limited. 2 November 2000
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