Travelport and PSP International Form Payment Solutions Joint Venture

New multi-million dollar joint venture provides payment and settlement
    services specifically for the travel industry, embracing both air and
    non-air transactionsLANGLEY, England and LONDON, July 7 /CNW/ -- Travelport has entered into
a strategic relationship with PSP International to form a joint venture
company to provide state-of-the-art innovative and integrated payment
solutions tailored specifically for the travel industry. The joint venture, in
which Travelport holds a majority stake, was completed on June 24, 2009.

    The joint venture will be branded "eNett(TM), A Joint Venture with
Travelport."  It leverages the existing successful payment and settlement
capabilities already established by PSP International in the Pacific region
with Travelport's world-wide travel product distribution capabilities and
significant airline, rail operator, hotel and car rental relationships. The
joint venture also leverages Travelport's leading position with the on and
off-line travel agency community and its global brand in the sector. The two
companies have enjoyed a strong commercial relationship since 2003.

    The eNett suite of products will enable automated payments, settlement
and reporting between travel agencies and travel product suppliers, supporting
debit cards and other increasingly relevant alternative forms of payment which
are not well supported today.  It will enable non traditional players in the
travel industry, such as low cost carriers (LCCs), who desire to distribute
their products through the travel trade, to be able to offer tailored credit
and settlement terms. eNett is also working on solutions for corporate travel
such as automated hotel bill back generation that save travel management
companies (TMCs) and the corporations they service, both time and money.

    "One of Travelport's stated goals is to build adjacent businesses that
will help power our clients' success," said Gordon Wilson, President & CEO,
Travelport GDS. "The payment and settlement business is a multi-billion US
dollar industry and with eNett's innovative suite of payment and settlement
solutions, we believe we can take out some of the inefficiencies that
currently exist today. Moreover, the joint venture will meet customers' desire
for tailored payment solutions with a stronger focus on cost, reduced risk and
faster settlement across the broadest array of travel products," Wilson added.

    "eNett's scope and depth go well beyond what is currently available in
the marketplace," said eNett newly appointed Executive Director, Rob Bishop.

    "The eNett joint venture helps travel customers simplify their businesses
by providing payment solutions that supports both air and non-air
transactions. Other payment and settlement systems generally do one or the
other but not both," Bishop added.

    The eNett joint venture will have four designated Travelport board
members, including the Chairman, Keith Woodcock, Senior Vice President New
Business Development of Travelport GDS. Two PSP directors will serve on the
joint venture board -- leading payment expert, Rob Bishop, will join the joint
venture as Executive Director, while PSP founder Anthony Hynes will assume the
role of Chief Executive Officer.

    PSP was formed in Australia in 2003 and has established relationships
with leading travel service providers, airlines and logistics firms.
Travelport GDS owns the global distribution system (GDS) business that
includes the Galileo, Apollo and Worldspan platforms and provides mission
critical systems to a number of the world's leading airlines such as Delta,
United, Emirates and Air New Zealand.About TravelportTravelport is one of the world's largest travel conglomerates, offering
broad-based business services to companies operating in the global travel
industry. The company is comprised of the global distribution system (GDS)
business that includes the Worldspan and Galileo brands; GTA, a leading
global, multi-channel provider of hotel and ground services; IT Services and
Software, which hosts mission critical applications and provides business and
data analysis solutions for major airlines. With 2008 revenues of US$2.5
billion, Travelport operates in approximately 160 countries and has over 5,500
employees.

    Travelport also owns approximately 48% of Orbitz Worldwide (NYSE: OWW), a
leading global online travel company. Travelport is a private company owned by
The Blackstone Group, One Equity Partners, Technology Crossover Ventures and
Travelport management.About eNett InternationaleNett International, a joint venture with Travelport, is a leading
provider of innovative, integrated payment solutions, tailored to meet the
needs of the travel industry with a current market focus spanning
geographically across Asia (including Australia and New Zealand), Europe and
the USA. eNett payment solutions include credit card processing, EFT/direct
debit processing, merchant services and issuing of virtual account numbers for
instant accounts payment. These solutions are offered via web-based technology
and can be accessed as an independent system or integrated with a multitude of
accounts payable/ receivable systems. A key component of eNett's offering is
the central collection and distribution of data related to payments,
delivering process efficiencies by minimising document handling,
reconciliation and other manual processes.PSP InternationalFollowing the travel joint venture with Travelport, PSP International
will continue to provide payment solutions tailored to specific verticals,
with a continuing commitment to 'ComPay', a solution tailored to the logistics
industry targeting importers, exporters, wholesalers, retailers, road
transport companies and freight forwarders. PSP's payments solutions include
real-time reconciliation, batch processing and comprehensive reporting
resulting in significant process efficiencies. The system allows users to
process credit card or debit payments, which reduces costs and provides
significant process and resource efficiencies. PSP International Plc is an
unlisted public company based in the United Kingdom.For media enquiries:Travelport GDS    Nadia Stoyle, Director, Corporate Communications, Asia
                      Pacific, [phone] [e-mail](TM)            Rob Bishop, Executive Director [phone]
                      [e-mail] or [e-mail] Edge PR    Michelle Larmer or Zina Zhang, [phone]
                      [e-mail] / [e-mail]

For further information: Nadia Stoyle, Director, Corporate
Communications, Asia Pacific, Travelport GDS, [phone],
[e-mail]; or Rob Bishop, Executive Director, eNett(TM),
[phone], [e-mail], [e-mail]; or Michelle Larmer,
[e-mail] or Zina Zhang, [e-mail], both of
Double Edge PR, [phone]  Web Site: http://www.travelport.com