Travelocity.com Wins Web Business 50/50 Award for Online Excellence
FRAMINGHAM, MA – JULY 26, 2000 — Travelocity.com (Nasdaq: TVLY) has been named a 2000 Web Business 50/50 Award winner. Sponsored by CIO magazine, this award program recognizes innovative Web initiatives by organizations around the world. The July 1 issue of CIO honors the top 50 Internet and top 50 intranet sites that demonstrate a keen ability to blend technology and design of their Web site with the needs of their target audience. According to Megan Santosus, CIO Senior Editor, "It is clear from this year's winners the Internet is no longer an experiment. With dedicated staff, financial resources and executive talent, winners are sending a loud message: The Internet, as an important business medium, is here to stay."
A panel of nineteen CIO magazine editors, writers, art designers and Web development experts reviewed more than 500 nominated Internet sites. A panel of judges reviewed over 200 nominated intranet sites using highly descriptive applications that detailed the functional importance of the site. The judges evaluated hundreds of sites, recognizing the best in their medium and selecting sites that achieved their stated goals.
Travelocity.com is redefining the travel industry and online retailing by introducing industry-first and technology-driven features designed to provide members with all the tools necessary to plan and book travel on the Internet.
"We are honored to be recognized by CIO magazine in this line-up of organizational excellence," said Terrell B. Jones, president and chief executive officer of Travelocity.com. "For Travelocity.com, this award confirms our business direction and leadership position in driving the future of global e-commerce." Technology and the Web are not only vital components of any organization's success, they are also more important than ever in the new millennium. As the Web becomes more advanced, a compelling online presence is needed to remain competitive and to retain and attract users. CIO honors the 100 sites that exemplify ground breaking business models and set the benchmarks for others to take notice and follow. Complete coverage of the 2000 Web Business 50/50 Awards is featured in the July 1 issue of CIO magazine and at http://www.cio.com.
Travelocity.com provides reservations capabilities for 95 percent of all airline seats sold, more than 47,000 hotels, more than 50 car rental companies and more than 5,000 vacation and cruise packages. This reservations capability is paired with access to a vast database of destination and interest information. To date, Travelocity.com has sold more than 6 million airline tickets and has more than 21 million members.
CIO magazine is published by CXO Media, Inc. (formerly CIO Communications, Inc.). CXO Media is an executive reach company, serving CIOs, CEOs, CFOs, COOs and other corporate officers who use technology to thrive and prosper in this new era of business. The company strives to enhance partnerships between CIOs and CXOs, as well as create opportunities for IT and consumer marketers to reach them. In addition to publishing CIO magazine, CXO Media produces Darwin magazine, the www.cio.com and www.darwinmagazine.com Web sites, as well as CIO and Darwin Executive Programs, a series of conferences that provide educational and networking opportunities for corporate and government leaders.
CXO Media, Inc. is a subsidiary of IDG, the world's leading IT media, research and exposition company. IDG publishes more than 300 computer magazines and newspapers and 4,000 book titles and offers online users the largest network of technology-specific sites around the world through IDG.net (http://www.idg.net), which comprises more than 270 targeted Web sites in 70 countries. IDG is also a leading producer of 168 computer-related expositions worldwide, and provides IT market analysis through 50 offices in 43 countries worldwide. Company information is available at http://www.idg.com.