SOURCE: Monaker Group, Inc

Monaker Group, Inc

August 16, 2016 08:30 ET

Monaker Group Announces Agreement With Trisept Solutions

WESTON, FL--(Marketwired - Aug 16, 2016) - Monaker Group (OTCQB: MKGI), a technology-driven travel company focused on the alternative lodging rental (ALR) market, announced an agreement with Trisept Solutions (a division of Mark Travel) to both power Monaker Group's flagship brand NextTrip.com with its travel products and to distribute Monaker's ALR inventory. Trisept Solutions is a travel technology company based in Milwaukee, Wisconsin serving the world's leading airlines, hotels and resorts, tour operators, travel agencies, tourist bureaus, theme parks and other suppliers through the company's advanced and trusted VAX VacationAccess, Xcelerator and Synapse platforms.

Below is the official release from Trisept Solutions;

Trisept Solutions to Power Monaker Group's Flagship Brand, NextTrip

MILWAUKEE (August 15, 2016) -- Trisept Solutions, a travel technology firm propelling the biggest names in travel, announces a new agreement to power NextTrip, Monaker Group's flagship brand. NextTrip represents over 1.4 million properties including vacation home rentals, resort residences, rooms and unused timeshares. Trisept's agreement with Monaker Group (OTCQB: MKGI) will fuel NextTrip's growth through expanded product offerings and distribution. 

Both travel agents and consumers will benefit from NextTrip's new capabilities. Powered by Trisept's travel merchandising platform Synapse, NextTrip.com is greatly expanding and enhancing its offerings with the ability to book comprehensive vacation packages by complimenting its vacation rental inventory with a wide array of flights, hotels, rental cars, tours and activities. Furthermore, NextTrip's alternative lodging product will be available on Trisept's premier travel agent portal, VAX VacationAccess. This addition will give VAX's network of over 70,000 travel agents access to book millions of unique vacation rentals.

"Integrating NextTrip's product offerings into our VAX platform will give agents for the first time instant confirmation and an easy, commissionable way to sell vacation rentals," said John Ische, president and CEO of Trisept.

NextTrip product offerings will also be fully integrated with Xcelerator, the travel technology solution that allows agents to service their clients and effectively run their business on one secure platform. 

"Trisept has the most advanced technology available for leisure vacation packaging today," said Bill Kerby, chairman and CEO of Monaker Group. "Expanding NextTrip's capabilities and access to agents and consumers will accelerate our growth and differentiate us from our competition."

NextTrip will be integrated to Synapse and VAX over the several months with a target completion by the end of 2016.

For more information about Trisept, visit www.TriseptSolutions.com. For more information about Monaker, visit www.MonakerGroup.com.

About Trisept Solutions
Trisept Solutions has been innovating award-winning technology for travel merchandising and distribution solutions since its founding in 2000. Today, Trisept serves the world's leading airlines, hotels and resorts, tour operators, travel agencies, tourist bureaus, theme parks and other suppliers through the company's highly advanced and trusted VAX VacationAccess, Xcelerator and Synapse platforms. Headquartered in Milwaukee and with an office in Dallas, the company propels global travel that powers over $2.5 billion in annual bookings. www.TriseptSolutions.com

About Monaker Group
Monaker Group
is a technology driven Travel Company with multiple divisions and brands, leveraging more than 65 years of operation in leisure travel. The Company has structured its travel assets to focus on the burgeoning $100 billion Alternative Lodging Travel space through its state-of-the-art flagship platform NextTrip.com. The NextTrip platform is powered by Monaker's proprietary booking engine which features real-time booking on the entire alternative lodging spectrum (vacation home rentals, resort residences, rooms and unused timeshares) as well as supporting vacationers' travel needs with a vast array of airlines, hotels, rental cars, tours, activities and restaurants through advanced proprietary and licensed technology. This unique combination results in a "one stop" vacation center, empowering consumers to search and create comprehensive vacation packages from one site -- Travel made easy.

Safe Harbor Statement:
This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of Monaker Group. These statements are only predictions and actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, some of which are out of our control. The potential risks and uncertainties include, among others, or the expectations of future growth may not be realized. These forward-looking statements are made only as of the date hereof, and Monaker Group, undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. All forward looking statements are expressly qualified in their entirety by the "Risk Factors" and other cautionary statements included in Monaker Group's annual, quarterly and special reports, proxy statements and other public filings with the Securities and Exchange Commission ("SEC"), including, but not limited to, the Company's Annual Report on Form 10-K for the period ended February 29, 2016 which has been filed with the SEC and is available at the SEC's website at www.sec.gov.

Contact Information

  • CONTACT:
    Monaker Group
    Attention: Richard Marshall
    Director of Corporate Development
    Email: rmarshall@monakergroup.com
    Tel: (954) 888-9779

    Chesapeake Group
    Investor Relations
    (Monaker)
    Tel: (410) 825-3930

    Trisept Solutions
    Maximilian Hess
    Email: max.hess@bvk.com
    Tel: 414-247-2138