Expedia,
Inc. EXPE and Travelocity today announced entry into an exclusive,
long-term strategic marketing agreement, whereby Expedia will power the
technology platforms for Travelocity's existing websites in the US and Canada,
while providing Travelocity access to Expedia, Inc.'s supply and customer
services. Upon the implementation of the agreement, Travelocity will focus its
efforts on promoting its brand and marketing the broad offering of travel
services and supply made available through this agreement. Travelocity will
remain wholly-owned by Sabre Holdings Corporation, and independent of Expedia,
Inc. Travelocity-owned lastminute.com in Europe and the Travelocity Partner
Network are not included in this marketing arrangement.
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