Farelogix News Release
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Farelogix Inc. Relocates Headquarters to Miami-Dade County
April 13, 2005
MIAMI
The Beacon Council, Miami-Dade Countys official economic development partnership, is pleased to announce that Farelogix Inc., a leading provider of independent faring and multi-source distribution technology to the global travel industry, has relocated its corporate headquarters to Miami-Dade County from Toronto, Canada.
The Beacon Council assisted Farelogix in making its decision to relocate to Miami-Dade County by providing site selection and market research. Farelogixs relocation will create 25 new jobs and generate a new capital investment of $250,000 for Miami-Dade.
Moving our corporate headquarters to Miami provides us with the U.S. presence needed to quickly respond to the significant opportunities in the travel technology market, said Jim Davidson, president and CEO of Farelogix. We can also boost our recruiting efforts, since the south Florida area boasts a pool of top technology talent familiar with this industry.
Farelogixs decision to relocate its corporate offices to Miami-Dade to improve its reach in the U.S. market is proof that Miami is not only a hub for business in Latin America, but throughout the Western Hemisphere, said Frank Nero, President and CEO of the Beacon Council. Our connectivity to most of the worlds major markets, our quality of life and diverse workforce have helped Miami-Dade emerge as one of the top choices for companies like Farelogix.
Farelogix, which previously had a satellite office in Miami, will continue to maintain its operations in Toronto to serve its Canadian customers.
About the Beacon Council
The Beacon Council, Miami-Dade Countys official economic development partnership, is a not-for-profit, public-private organization that focuses on job creation and economic growth by coordinating community-wide programs; promoting minority business and urban economic revitalization; providing assistance to local businesses in their expansion efforts; and marketing Greater Miami throughout the world.
About Farelogix
Farelogix is a leading provider of lower-cost, multi-source distribution and independent faring technology to the global travel industry. The companys FLX™ platform aggregates content from all four major Global Distribution Systems, as well as airline, private and Internet fare sources; while its sophisticated pricing technology enables comparative shopping across sources. Farelogix was founded in 1998 and counts among its customers some of the largest travel companies in Canada and the United States including Navigant International, American Express and Carlson Leisure Group Services. Farelogix has offices in Toronto, Canada and Miami, Florida.
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Media Contacts:
Jodi Echakowitz
Echo Communications
Telephone: 905-709-9600
E-mail: press@farelogix.com
Xavier Gonzalez
Beacon Council Marketing & Public Relations Manager
Telephone: 305-579-1341
E-mail: xgonzalez@beaconcouncil.com
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