Travel Holdings, Inc. | Formation

Formation: Company formed April, 2004 through the merger of three businesses:

- Business-to-Business Travel

- Founded 1994

- Based in Orlando, FL, USA

- Business-to-Consumer Travel

- Founded 1996

- Based in Atlanta, GA, USA

- Research & Development

- Founded 2002

- Based in Tel Aviv, Israel

Travel Holdings, Inc. | The Business

The Business:• Complete end-to-end global travel services company.

• Proprietary, advanced technology facilitates the business.

• Procure inventory in key travel destinations worldwide.

• Sell Hotels, Air, Cars, Cruises, Packages. Core Business: Hotels

• Sell in 122 Countries.

• Sell through multiple channels of distribution.– Wholesalers– Agents (Online and Traditional)– GDS’s– Switches– Groups– Consumers

• Service all the business through its own customer service and fulfillment operations (24/7 in 23 languages).

Inc. 500 | 2003 & 2004 Honoree

Tourico Holidays

Inc. 500 2003

Inc. 500 2004

Only Travel Company So Honored

Businesses & Brands

HOTELS:

20,000 Direct &

Net Rate

Contracts

AIRLINES:

37 Net Rate

Contracts

CRUISES:

7 Cruise Lines

Net Rate Contracts

CAR RENTALS:

Dollar, Thrifty

Alamo, Hertz

Inventory

Management

2,500 Clients

Password Protected

365 Clients

Via Web Services

145 Dedicated

Sites

Travel Holdings, Inc. | Global Distribution Channels

United States

Israel

United States

Israel

United States

United States

Key Suppliers

B2B Businesses

TouricoHolidays.com | Login Screen

Tourico Holidays | Wholesalers & Agents, worldwide

Host to Host | Connectivity

• 365+ Host 2 Host Connections

• Via Web Services

• Highest level of Client Commitment

• Dozens in development pipeline

Host to Host | Connections

White Label | Dedicated Website Network

• 145+ Dedicated Websites

• Worldwide Presence

• Provides Clients a Quick, Turn-key

Technology Solution

White Label | B2B Dedicated Website Network

BELGIUM MEXICO CHINA ITALY

HOLLANDUSABRAZILBAHAMAS

MALTA KOREA CANADA COLOMBIA

OneMinuteBooking.com | US Travel Agents

Travel Holdings, Inc. | TravelEgent.com

TravelAgents.co.il | Israeli Travel Agents

B2B Promotion | Global Trade Show Presence

B2C Businesses

LastMinuteTravel.com | Homepage

LastMinuteTravel.co.il | Homepage (Hebrew)

eCommerce | Promotional Partners

The Organization

Travel Holdings, Inc. | The Organization

53 People

Wholesale:

Domestic Team

International

Team

Consumer:

E-Commerce

Team

47 People

Europe

North America

Caribbean

Latin America

Asia

Middle East

101 People

Europe

North America

Latin America

Consumer

84 People

Israel

Romania

49 People

Executive Mgmt.

Accounts Payable

Accounts

Receivable

I.T. Team

Human

Resources

Legal Counsel

The Company Owns it’s Own Technology Development

Company:

• Enhances control of destiny

• Provides key competitive advantage

• 80+ (In Development, QA, Translation, Support)

• Low Cost: Headquartered in Tel Aviv and Romania

• High Quality: Serious Travel Technology Talent

• A Key Corporate Asset

Differentiation and Competitive Advantage

Travel Holdings, Inc. | The Business

In sum…our advantages:

– Superior Product and Price: • Purchasing strategy and global footprint yields competitive advantage on pricing

and availability– We buy for the world and we deliver the world…delivering an elusive market– We make sophisticated, advance commitments for inventory – Our breadth of demand (122 countries) allows TH to bring incremental

business to customers year round…including low-demand periods

– Superior Technology: • Deeper, faster and head-turning…and what the market wants and needs

– Superior Model and Margin: • Highly scalable and revenue is recurring…and rapidly growing• Multi-Channel and multi-geography approach enhances growth, reduces risk

Metrics

Customer Origin | Where our business comes from.

Client Bookings, Regionally : Jan 2007

7.32 %

Asia

18.17 %

Latin America

27.30 %

United States

5.18 %

Middle East

1.35 %

Japan

0.51 %

Australia

40.09 %

Europe

0.08 %

Africa

Top Destinations by City

TOP European

Destinations

• New York City

• Las Vegas

• Orlando

• Miami

• Chicago

• San Francisco

• Los Angeles

• New Orleans

• Washington D.C.

• Boston

• London

• Rome

• Paris

• Prague

• Barcelona

• Amsterdam

• Venice

• Madrid

• Berlin

TOP USA Destinations

TOP Rest of the World

• Dubai

• Shanghai

• Sydney

• Buenos Aires

• Rio de Janeiro

• Bangkok

• Hong Kong

• Phuket

• Singapore

Regional offices in

June 2005Regional offices in

June 2005

Regional offices in

June 2007

Mexico CityMexico City

Sao PauloSao PauloCuritibaCuritiba

LondonLondon

Hong KongHong Kong

MoscowMoscowStockholmStockholm

DubaiDubai

SeoulSeoul TokyoTokyo

SydneySydney

BeijingBeijing

TaiwanTaiwan

ShanghaiShanghai

BangkokBangkok

San RemoSan Remo

RomeRomeParisParis

ChengduChengdu

Rio de JaneiroRio de Janeiro

Taking Flight !