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GALILEO INTERNATIONAL SUBSIDIARY QUANTITUDE, INC. ANTICIPATES AGGRESSIVE GROWTH

Travel News Asia Date: 5 August 2000

The formula for success is apparent in Galileo’s new telecommunications subsidiary Quantitude – an innovative approach to providing network services, a unique value proposition, and strategies to aggressively grow its revenues, according to James E. Barlett, chairman, president and CEO of Galileo International, Inc. (NYSE: GLC). “We believe Quantitude has the potential to generate revenue of $1 billion in the next three to five years,” Barlett said. His remarks came today during a presentation at the New York Stock Exchange where Quantitude’s management team introduced the company to Wall Street analysts.

Quantitude’s revenue potential positions it to be a dominant player in the telecommunications industry. When comparing Quantitude with other telecommunications companies, you can clearly see its valuation potential,” stated Quantitude Chairman James E. Lubinski. “However, because Quantitude is a subsidiary of Galileo, its value might easily be overlooked.”

In the past, companies have managed their own networks, but recent industry research shows a dramatic shift toward companies outsourcing the management of their network to network service providers. This dramatic shift creates the very opportunity Quantitude is addressing with its unique value proposition. “Quantitude offers one-stop shopping for ‘next-generation’ communications and information networking. We are poised to deliver these services on a global basis, with world-class quality and efficiency,” stated Lubinski.

Quantitude’s management team is capitalizing on the gap between private network providers and Internet virtual private networks or VPNs. “Quantitude is well positioned to fill the gap and offer our TCP/IP network with its fitness for purpose,” stated Ron Thornhill, Quantitude’s president and CEO. “As we identify more and more companies that are outsourcing network services, we believe the gap is as large as the Grand Canyon. Quantitude is seizing this market opportunity.”

Quantitude is currently in discussions with more than 20 potential customers, and in its short four-month life, has secured the following four multi-national customers:

· Galileo International, Quantitude’s parent company, serving more than 40,000 endpoints in the travel industry in 107 countries;

· Kelly Services, the global provider of staffing services, connecting its Canadian branch offices as well as additional services to include locations in Europe, Australia and New Zealand;

· TeleTech Holdings, the leading global provider of e-commerce enabling customer relationship management solutions, providing networking solutions among TeleTech’s customer interaction centers in the Americas, Europe and Asia; and

· IBM, providing telecommunications services for its e-business initiative, IBM ConnectEdge for Airlines.

Earlier this week, Quantitude announced its planned purchase of regional and city hub equipment to begin the construction of its global TCP/IP network. The unique architecture of Quantitude’s network is enabling the company to build a ‘carrier-class’ sized network.



About Quantitude
Quantitude, Inc. is a wholly owned telecommunications network services subsidiary of Galileo International, launched in March 2000. Galileo International is one of the world’s leading providers of electronic global distribution services for the travel industry. Galileo provides travel agencies, corporate travel managers and Internet users with the ability to book travel by accessing schedule, availability and pricing information. Quantitude is currently expanding and upgrading Galileo’s private global network. The network will be upgraded to a standard Internet Protocol platform (TCP/IP) to deliver global Internet, virtual private network (VPN), and telecommunications network services to a variety of customers both in the travel industry and beyond. Quantitude is headquartered in Englewood, Colo., USA, near Galileo’s state-of-the-art Data Center. Galileo International is headquartered in Rosemont, Ill., USA, with offices worldwide.

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