ElsyArres is a centralized booking platform for the Low Cost Carrier (LCC) market segment

1. Distribute flight tickets of Low Cost Carriers (LCC) in your distribution channels with High Quality & Profitability

3. Our product combines benefits which make us unique – serving you! Key features One ways Flights are based on one-ways supported by real roundtrip fare validation to provide full flexibility and the lowest possible price Mixed roundtrip Extended travel options by mixed airport and mixed carrier possibilities in one and the same booking Profitable airline portfolio Extensive international airline portfolio. Continuous optimization and together with our partners we make sure we maximize the long-term profitability for all parties involved. We focus on quality and profitability and our goal is to bring the optimization of the costs involved operating an airline portfolio to your balance sheet Less failed bookings Everything we do is done with the ambition to bring the highest possible conversions to you. We differentiate us from other aggregators since our system leads to less failed bookings and thereby a more profitable solution to our partners Excellent support Dedicated product support team which provides a pro-active monitoring of all bookings and relevant service to you to maximize the booking success and to communicate any bookings with unknown status Speed of the engine Search flight requests on the system are processed at an outstanding and highly competitive speed in the market

4. Extensive international and profitable airline portfolio Airline portfolio Status Nov 2010 Aegean Airlines Cimber Ryanair AerArann CityJet Skyways AerLingus Condor Smart Wings Air Asia Corendon Southwest Air Berlin EasyJet Spirit Air Air Finland Flybe Sverigeflyg Air Italia Germanwings Thomas Cook Airlines Air Southwest Iceland Express Transavia Alitalia Inter Sky TUIfly Bahrain Air Jazeera Virgin America BelleAir Jet4you Virgin Blue Blue Islands Jetair Vueling Blue1 JetStar West Jet Blu-Express Meridiana Windjet BMI Monarch Airlines Wizzair BMIbaby Norwegian Brussels Airlines Pegasus Airlines

5. ElsyArres XML / API - Fully integrated solution Airline portfolio Currently approx. 50 low cost carriers, see www.elsyarres.com/airlines.aspx , (dynamically updated) # of routes Currently approx. 40.000, see www.elsyarres.com/routes.aspx , (dynamically updated) One-way flights All flights are one-way based Fare validation Real roundtrip fare validation Mixed-carrier and mixed-airport (regional) roundtrips Search functionality Live flight searches with non-availability caching Luggage functionality Check-in-baggage selection for airlines that offer this option Speedboarding functionality Speedboarding selection for airlines that offer this option Passport functionality Passport statement functionality for airlines that require this information Booking alert Duplicate booking alert / Price validation alert / Partially failed booking prevention Best price search option Webservice returns up to 500 cheapest one-way offers for short-, medium- and long-distance flights, configurable on departure, destination and date parameters, cached data from live searches within last 24 hours Factsheet - Elsy Arres XML / API webservice version 7.0

6. ElsyArres XML / API - Fully integrated solution Back-end Tool Back-end access for bookings review (with or without customer info) a) Basic statistics (number of searches/bookings/payments/segments) or b) Detailed statistics (Basic + top destinations/departures, top carriers, hourly searches/bookings, customer home country, credit card statistics, processing statistics) Configurable carrier portfolio (in advanced setup) Configurable departures/destinations portfolio : (in advanced setup) a) Group airports to city zones b) Group cities to regions c) Group regions to countries (cross-border) ElsyArres API Implementation/Approval Support Support per email and phone Product andTechnical support provided Requirements on licensee’s side a) Licensee uses its own payment gateway system for payment processing b) Licensee has the responsibility of end-consumer support For more detailed information on our XML/API Webservice: http://www5v7.elsyarres.net/manual.aspx Username: manual Password: manual Factsheet - Elsy Arres XML / API webservice version 7.0

7. ElsyArres WEB – Whitelabel solution ( Customized Whitelabel Solution based on our web engine.) Base functionality as in our API product (please see our fact sheet for XML / API webservice version 7.0) + below specific functionalities for ElsyArres WEB: Web engine Template-based website engine, currently available in 8 languages Searchbox for iframe-implementation Tracking and sales tracking tag implementation Cross sales possibilities Cross-selling ads implementation Best Offers RSS Feed Hosting Whitelabel Website hosting in ElsyArres’ datacenter; incl. webspace, traffic, dedicated elsyarres.netsubdomain and SSL cert (B2B/WEB) ElsyArres WEB Development Development of website in Licensee’s look and feel Product and Technical support provided Requirements on licensee’s side a) Licensee provides its credit card to manage the payment processing within ElsyArres WEB Internal Payment Gateway b) Licensee has the responsibility of end-consumer support For a more hands-on example showing the features of the web engine: http://test-whitelabel.elsyarres.net Factsheet - Elsy Arres WEB version 7.0

8. Customer and Partner examples Cheaptickets.nl / .de Tix.nl Gateway Wegolo.com Speedmedia Traveldoo References

9. We give you high conversions in distributing flight tickets of low cost carriers (LCC) L ow C ost R eservation S ystem (LCRS = ElsyArres) Maximising conversion Shared success