Terry Jones Joins Fareportal Advisory Board

NEW YORK, June 1, 2011

Fareportal, an online technology company providing web-based portals and management tools for the travel industry, and parent to leading online travel booking site, CheapOair.com, announces today that travel veteran, Terry Jones, has joined the company as an advisory board member.

As the founder of Travelocity.com, Chairman of Kayak.com, and former CIO at American Airlines’ SABRE, Jones brings 40 years of online travel and IT expertise which will supplement and strengthen Fareportal’s standing in the travel industry.

Currently, Jones is Chairman of Kayak.com and serves on the boards of travel companies Reardencommerce Inc, and Smart Destinations Inc. After starting his career as a travel agent, he went on to spend twenty-four years at SABRE with management positions in travel distribution and IT, finishing his career as CIO. While CIO, he also led the team that founded Travelocity.com and later took the company public.

Since that time he has served on eight public and private boards, leads a consulting company and is a special venture partner with General Catalyst Partners.

“The Board of Fareportal is pleased to have Terry Jones join the company as an advisory member,” said Sam Jain, CEO of Fareportal. “His extensive travel knowledge and IT experience, including applications development, computer operations, networks and desktop systems, will be invaluable to Fareportal’s continued growth.”
About Fareportal:

Fareportal, Inc. is an online travel technology company that provides web-based portals and management tools for the travel industry including business process outsourcing, ticket fulfillment and call center solutions. The Fareportal advantage is the ability to integrate with multiple GDS and over 100 million consolidator fares, 100,000 negotiated hotel and dynamic packaging rates and car rental deals, enabling the web sites utilizing the Fareportal technology to offer a large and diverse selection of travel options.

SOURCE: Fareportal