BETHESDA, Md.,
Jan. 28 /PRNewswire/ -- The Society of Government Travel
Professionals (SGTP) today announced a preferred partnership agreement with
FLO Corporation (OTC Bulletin Board: FLRP), a leading Registered Traveler (RT)
services provider. Under the terms of the agreement some 550 SGTP members,
government travel agencies with over
$7 billion in government travel spend and
approximately 5 million annual trips, will be offered FLO-SGTP preferred RT
membership pricing.
FLO offers an RT solution that innovates on the platform developed during
the U.S. Transportation Security Administration's (TSA) pilot programs. FLO
members can choose between multiple card packages at different price points,
featuring a wide array of benefits - all designed to improve travelers'
convenience, productivity and safety throughout the door-to-door travel
experience. Examples of FLO's Gold Card benefits include worldwide emergency
travel assistance, proactive identity fraud protection and concession
discounts. Platinum Card benefits include airline lounge access, premium
concierge services, enhanced credit monitoring services, and numerous
additional features.
"We are pleased to partner with FLO organization," said Rick Singer,
SGTP's Executive Director. "Our members will be very excited about the value-
added benefits packages offered by FLO, the favorable pricing and the all-
important front-end discounts. We applaud FLO's vision for this new industry
and the Transportation Security Administration for its foresight in requiring
an interoperability standard for RT. Our members' travelers will be able to
use their FLO cards at all RT-provisioned airports in the country while
benefiting from all the other services FLO will provide to make their travels
more productive and convenient."
Fred Fischer, FLO Senior Vice President for Strategic Sales stated, "We
are grateful for the opportunity to partner with such a prestigious and
innovative organization as SGTP. FLO's continued success in Washington, DC,
and important markets throughout the country, validates our business model.
Under TSA-mandated requirements, interoperability standards guarantee that any
RT card will be accepted at every RT-provisioned airport. We will continue
expanding the RT program nationwide by securing major corporate commitments
and enhancing the value-added services we provide to our customers."
About Registered Traveler
For information about how RT works visit
http://www.flocard.com/about/how_flo_works.htm.
About STGP AnCon Conference
SGTP travel executives will be able to enroll in FLO's Registered Traveler
2.0 program using the rtGO platform in partnership with Unisys during the
upcoming SGTP AnCon Convention February 6 through 8 in Alexandria, Virginia.
www.sgtp.org
About FLO
FLO Corporation provides a comprehensive solution for the Registered
Traveler program, which is administered by the U.S. Transportation Security
Administration. FLO recently announced the execution of an agreement under
which FLO has agreed to acquire the rtGO(SM) Registered Traveler business of
Unisys Corporation (NYSE: UIS). The Registered Traveler program is designed to
identify air passengers who pose a minimal security risk and then to provide
those passengers with access to faster and simpler processing at airport
security checkpoints. FLO Corporation has formed the "FLO Alliance" -
strategic relationships with several companies with extensive expertise in
credentialing, security, access control, customer service, travel services,
political lobbying and corporate and consumer marketing - designed to develop,
market, sell and deploy an end-to-end solution and to provide next-generation
RT 2.0 membership benefits to qualified individuals for expedited security
screening in designated lanes at participating airports in addition to
receiving promotional offers and discounts offered by retail partners. The FLO
Alliance partnership consists of FLO Corporation, Microsoft, JPMorgan Chase,
Johnson Controls, Inc., Smiths Detection Inc., The Paradies Shops,
International RAM and ID Technology Partners. For more information about the
FLO program and Alliance visit http://www.flocard.com.
About SGTP
SGTP was formed in 1984 as a forum for open communication which was
essential to realize the mutual goal of successful government travel
management. SGTP's goals include education for both industry and government as
well as providing a bridge between industry and government participants in the
multi-billion dollar government travel industry. The government represented
the single largest purchaser of travel in the world and wanted to leverage its
buying power to realize substantial discounts and improved accountability.
FLO's NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release contains information about FLO's management's view of its
future expectations, plans and prospects that constitute forward-looking
statements for purposes of the safe harbor provisions under The Private
Securities Litigation Reform Act of 1995. Actual results may differ materially
from historical results or those indicated by these forward-looking statements
as a result of a variety of factors. For example, our business will depend on
our ability to establish and maintain strategic relationships with travel
services, technology, and other companies. If we are unable to establish and
maintain such relationships or if current relationships were to weaken, our
actual results may differ materially from those indicated by the statements
made in this release and our business could suffer. Other factors that could
cause actual results to differ materially from historical results or those
indicated by the statements in this release include, but are not limited to,
risks and uncertainties associated with our financial condition, our planned
acquisition of Unisys' rtGO(SM) Registered Traveler business, and our efforts
to meet the TSA's requirements to offer Registered Traveler services to
sponsoring entities as well as those included in our registration statement on
Form 10-SB filed with the Securities and Exchange Commission on November 28,
2007, and other documents we periodically file with the Securities and
Exchange Commission.
NOTE REGARDING TRADEMARKS
"FLO" is a trademark of FLO Corporation. The names of actual companies
mentioned herein may be the trademarks of their respective owners.
SGTP Media Contact
Rick Singer - 443.801.2200
FLO Media Contact:
Amanda Cheslock - Sloane & Company - 212.446.1884 or
acheslock@sloanepr.com
FLO Investor Contact:
Josh Hochberg - Sloane & Company - 212.446.1892 or jhochberg@sloanepr.com