Arlington, VA, June 25, 2007 - ARC Memo Manager – a tool for automated distribution and settlement of debit and credit memos – was made available early in June to carriers and agents wishing to pre-register prior to a planned mid-July product launch.

ARC Memo Manager eliminates the travel industry’s last remaining large scale paper-based process. "We think ARC Memo Manager looks fantastic and hope that all airlines and GDSs will take full advantage of the new system," said Bill Loveridge, Director, Air Operations at Expedia.com.

Leading the pack among carriers to sign on to electronic distribution of memos via ARC Memo Manager, are numerous representatives of ARC’s many global carrier participants. Among the first to sign up were:

Air Jamaica Air Tahiti Nui AirOne Alitalia Airlines China Southern Airlines

Croatia Airlines El Al Israel Airlines Emirates Airlines JAT Airways Malev Hungarian Airlines

Montenegro Airlines Pacific Wings Santa Barbara Airlines Sri Lankan Airlines Ukraine International Airlines

Travel agents and carriers alike recognize the many benefits of ARC Memo Manager such as cost reduction to all parties, superior data quality, easy electronic access, and a central data repository. All parties to a memo – carriers, agents, and even GDSs – are able to share information on-line and settle the transaction without any paper changing hands.

“ARC is committed to bringing innovative solutions to improve business processes within all our stakeholder communities, “said Lauri Reishus, General Manager – Industry Products & Services. “Automating the memo distribution and settlement process will deliver the greatest possible efficiencies and savings for all,” adds Reishus.

Link to Additional Product Information

• ARC Memo Manager: http://www.arccorp.com/products/prod_fin_MemoMgr_main.html.

About ARC
ARC is the premier provider of financial settlement solutions and data and analytical services for the travel industry. Airlines, travel agencies, corporate travel departments, railroads, and other travel suppliers process more than $77 billion annually through ARC’s world-class settlement system, making it the financial backbone of travel distribution. ARC COMPASS®, the leading, trusted source for travel transaction information, powers data and analytical tools that help ARC customers make confident business decisions. ARC is an airline-owned company that builds on values of integrity, teamwork, innovation, cost-effectiveness, and excellence. For more information, please visit http://www.arccorp.com.