Interactive Leisure Systems, Inc. (OTC IALS) is a technology company specializing in the travel industry.
IALS intends to purchase an enterprise software platform for the marketing, sale and management of travel product and to use this platform to operate three distinct businesses.
Those businesses are:
1) Licensing the travel system to travel businesses who require the company’s state of the art platform to operate their business in today’s interconnected and increasingly mobile connected marketplace;
2) use this platform to operate its own private label travel businesses for those entities who want a complete turnkey solution to their travel distribution needs, not just a technology solution; and
3) to offer the combined products of its customers as well as additional travel products to affinity groups who wish to provide their employees/members/associates with a comprehensive travel program.
By using one platform to in effect operate three distinct businesses IALS will be able to maximize its investment in a technology platform and minimize the risk that a downturn in any one of its business areas will significantly affect the company’s overall earnings.
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