Puget Technology is proud to maintain a highly pro
Post# of 121
Complete the form to the right to be considered for any possible openings within our organization, with your area of expertise in the notes field. We will contact you if we would like to review your resume. Thank you. We look forward to hearing from you!
WHY PUGET TECHNOLOGIES?
Diversification is a technique that reduces risk by allocating investments among various financial instruments, industries and other categories. It aims to maximize return by investing in different areas that would each react differently to the same event. Most investment professionals agree that, although it does not guarantee against loss, diversification is the most important component of reaching long-range financial goals while minimizing risk. That's why Puget Technologies is committed to a diversified acquisition strategy.
ENGLEWOOD, CO--(Marketwired - Jul 28, 2015) - Puget Technologies (OTCQB: PUGE), a travel technology company headquartered in the Denver Metro region, announced today its entry into the online travel market. The development of the intuitive algorithm that powers the travel site provides online travel consumers access to the lowest possible rates from a world-wide inventory of airlines, hotels, and ground transportation companies from multiple wholesale suppliers.
According to Forbes, "Online travel agencies (OTAs) had gross bookings exceeding $150 billion in 2013, representing 38% of the global online market and 13% of the global travel market. The online travel sales figure is estimated to be growing at 12% annually. OTAs have 15% of total hotel sales in the U.S. with around $19 billion of gross bookings and are expected to grow 5-6% over the next two years. OTAs customer segments span across business, leisure, and group. OLT websites play multiple roles, acting as marketing engines, booking engines, and search engines, as well as existing as an execution platform for customers."
Puget Technologies intends to capitalize on the booming online travel business by making a white label version of the software available to travel agencies and tour operators around the globe.
About Forbes
Forbes.com Inc., a leading Internet media company, is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning. Forbes.com includes real-time original reporting on business, technology, investing and lifestyle; stock and mutual fund quotes; comprehensive company profiles; a wide array of interactive tools, calculators and databases, including People Tracker, the annual Forbes Lists; a Lifestyle section that currently focuses on high-end vehicles, collecting, real estate and travel; and the complete online editions of Forbes' magazines.
About Puget Technologies, Inc.
Puget Technologies (www.PugeTech.com) specializes in travel product distribution to online consumers and automation for travel agencies, group operators, and the travel industry as a whole. By offering a company-wide, integrated application system, Puget's next generation trusted platform and smarter network topology empower better decision making, faster results, and scalable growth.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Thomas M. Jaspers
CFO
Email Contact
Investor Relations:
Jack Eversull
President
The Eversull Group, Inc.
972-571-1624
214-469-2361 fax
Email Contact
Puget Technologies Inc (PUGE) Stock Research Links
1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.