CHANTILLY, Va.,
Nov. 27 /PRNewswire/ -- FLO Corporation, a next-generation
Registered Traveler (RT) services provider today announced the execution of an
agreement with
Omega World Travel for distribution of FLO's RT 2.0, multi-
tiered membership program in the
Washington, DC marketplace. The agreement
combines Omega's resources and relationships as the largest corporate business
travel distribution channel in Washington with FLO's travel industry team, the
most experienced in the national RT space.
FLO offers a RT program that innovates on the platform developed during
the Transportation Security Administration's (TSA) pilot programs. FLO's
customer-centric model offers RT members three tiers of benefits that can
improve their convenience and productivity throughout the door-to-door travel
experience, not just in the security lane. FLO's sales results validate this
multi-price-point model, which importantly, broadens the marketplace appeal of
RT and reduces the risk of slow airport enrollment results.
Omega, one of the largest travel management companies in the U.S., and a
global travel services provider in some 200 countries, boasts over $1 billion
in annual sales. Omega services 400,000 business traveler customers
nationally; 100,000 in the Washington, DC area alone. Significantly, Omega is
the top woman-owned business in the United States, according to
DiversityBusiness.com. FLO, with more than 100 years of business travel and
hospitality industry experience, has the most seasoned travel team in the RT
market, by an order of magnitude. Together these firms will succeed in
introducing the next generation RT program in our nation's capital.
"Of importance to Omega World Travel, in considering a strategic
partnership with FLO was the firm's long-term commitment to this new industry.
FLO has invested some three years in designing RT 2.0. It has assembled a
best-in-breed team of strategic partners, and significantly, it understands
the travel industry and the needs of business travelers. FLO represents the
'Gold Standard' for RT," stated Omega Executive Vice President Goran
Gligorovic.
Fred Fischer, Senior Vice President, Strategic Sales for FLO, stated, "We
are pleased to partner with a company with the expertise and customer focus of
Omega. Their excellent management team, Washington presence and global reach
make them an ideal strategic distribution partner. We know from our research
and RT sales results, that targeted marketing yields solid results in a
relationship-based industry. Teaming with a firm of Omega's stature will no
doubt greatly accelerate our success in enrolling RT members in Washington."
FLO believes this is an exciting time for customer service and aviation
system security innovation. With less than one percent of the projected
national marketplace for RT members participating in the program so far, it is
truly an industry in its infancy. Travelers want more than the stripped down
RT 1.0 model that grew directly out of the early TSA pilots. They seek
convenience and productivity enhancement options throughout the entire
business trip; they are embracing RT 2.0.
About Registered Traveler
For information about how RT works visit
http://www.flocard.com/about/how_flo_works.htm.
About FLO
FLO Corporation provides a comprehensive solution for the Registered
Traveler program, which is administered by the U.S. Transportation Security
Administration. FLO recently announced the execution of an agreement under
which FLO will acquire the "rtGO" RT business of Unisys Corporation. The
Registered Traveler program is designed to identify air passengers who pose a
minimal security risk and then to provide those passengers with access to
faster and simpler processing at airport security checkpoints. FLO Corporation
has formed the "FLO Alliance" -- strategic relationships with several
companies with extensive expertise in credentialing, security, access control,
customer service, travel services, political lobbying and corporate and
consumer marketing -- designed to develop, market, sell and deploy an end-to-
end solution and to provide next-generation RT 2.0 membership benefits to
qualified individuals for expedited security screening in designated lanes at
participating airports in addition to receiving promotional offers and
discounts offered by retail partners. The FLO Alliance partnership consists of
FLO Corporation, Microsoft, JPMorgan Chase, Johnson Controls, Inc., Smiths
Detection Inc., The Paradies Shops, International RAM and ID Technology
Partners. For more information about the FLO program and Alliance visit
http://www.flocard.com.
About Omega
Ranked by Business Travel News as the second largest travel management
company in the U.S., Omega World Travel provides technology-based travel
solutions -- as well as personalized service at 200 locations worldwide -- to
a diverse clientele: from individual leisure travelers to Fortune 500
companies and the federal government.
Launched as a small business in 1972, Omega World Travel now boasts annual
sales revenues in excess of $1 billion, over 1100 employees, and is the top
woman-owned business in the country-founded and headed by President and CEO
Gloria Bohan.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. These statements are
based on management's current expectations and involve risks and
uncertainties. Forward-looking statements include statements regarding
anticipated growth and business prospects for FLO Corporation's Registered
Traveler program and solution. Actual results may differ materially from
those expressed or implied in such forward-looking statements due to various
factors, including: FLO Corporation's success in designing and offering a
comprehensive Registered Traveler solution, its ability to obtain the
necessary financing for its operations, and its ability to close the rtGO
acquisition and integrate the rtGO Registered Traveler solution with its
solution. Investors should consult FLO Corporation's filings with the
Securities and Exchange Commission, http://www.sec.gov, including the risk
factors sections of its registration statement on Form 10SB for further
information regarding these and other risks of FLO Corporation's business.
NOTE REGARDING TRADEMARKS
"FLO" is a trademark of FLO Corporation. The names of actual companies
mentioned herein may be the trademarks of their respective owners.