TRX Expects 'Transformational' 2007

TRX Inc. expects 2007 "to be a transformational year" following "solid 2006 results," according to president and CEO Trip Davis. Speaking today during a conference call, Davis cited new products and new clients but provided less-than-stellar 2007 guidance, owing to expected weaknesses in online leisure travel volumes, pricing concessions with Expedia, investments in new technology and the integrations of Hi-Mark Software and Travel Analytics.