CARIBBEAN, CANARY ISLANDS, CANADA
RevoluVIP Logo

Constellation Software Inc. For RevoluVIP Travel Club XML GDS Technology

CUV Ventures Corp. Constellation Software Inc. Subsidiary Juniper Contracted For

RevoluVIP Travel Club XML GDS Technology

Vancouver, BC – CUV Ventures Corp. (TSX-V: CUV) (the “Company”) Vancouver, BC –

(the “Company”) is pleased to announce that the wholly owned Travel Subsidiary,

Travelucion, has elected Constellation Software Inc (TSE – CSU) subsidiary, Juniper, for

the RevoluVIP Travel Club XML and GDS software technology. Constellation Software

Inc., through its subsidiary Juniper, offers the most superlative cutting edge travel

software on the market. A definitive contract was signed on July 30th, 2018 between

Travelucion and, Constellation Software Inc. subsidiary, Juniper.

RevoluVIP Corporate Presentation

The company is delighted to provide shareholders with the latest RevoluVIP Corporate

Presentation

Link to presentation

About Constellation Software Inc.

Constellation Software Inc (TSE – CSU) is a diversified software company based in

Toronto, Canada and, listed on the Toronto Stock Exchange with a $20 billion dollar

market cap, and is a constituent of the S&P/TSX 60. The company was founded by

Mark Leonard, a former venture capitalist, in 1995. It went public in 2006, and now has

13,000 employees spread over 6 operating segments. CUV Ventures and Travelucion

are elated with the software technology available from its Juniper subsidiary and are

looking forward to a swift rollout of the RevoluVIP platform.

RevoluVIP Current Status

As explained to shareholders, the key components of the RevoluVIP Travel Club were;

Travel License, GDS license, IATA License and, a cutting edge software partner. To this

end, the following milestones have now been achieved and, ahead of schedule.

Travelucion acquisition – 21 March 2016

Travelucion 1 destination trial – 2016/17

Amadeus GDS License - April 27th, 2018

IATA Accreditation – July 4th, 2018

Juniper XML Sofware License – 30 July 2018

Online Travel Subsidiary Trials and Proof of Concept

The wholly owned subsidiary Travelucion carried out a proof of concept trial in 2017,

covering a single Caribbean destination, receiving approximately 3.6 million tourists

annually and, focusing only on 100% automated online travel sales (non assisted sales).

The results of this trial were promising, netting $2.5 million in audited online travel

sales for the year ending 31 May 2017. The company now feels that it has assembled

the right team of professionals to take this venture to the next level, adding over 128

new destinations, while at the same time, gaining support from the world’s largest

travel sector players; Amadeus, IATA, Juniper and Constellation Software Inc.

Domain Lease Negotiations

The final step of RevoluVIP is the concept of broad travel distribution across multiple

country specific web properties. Deploying international blanket coverage of

country/destination specific travel websites, each displaying profound national travel

offers, while, at the same time, capturing increased destination based web search

visitors, organically. Management is currently negotiating the lease of the “VIP

Collection” 181 domain names and, legacy web traffic, as displayed in the corporate

presentation. As these domain names and websites are the property of a company

associated with a related party, TSX exchange approval is sought.

Complete Website Overhaul

Each website will be completely transformed under the RevoluVIP program, with fresh

themes and, the latest cutting edge XML and GDS technologies. The current websites,

in terms of their current content and design displayed on the “VIP Collection”, should,

therefore, be ignored.

 

Comments are closed.