eRevMax Technologies Inc.
345 Middlesex Avenue
Colonia, New Jersey 07067 - 3122
USA
Fon: +1 (646) 485 5207
Fax: +1 (212) 656 1892

Erevmax Technologies Pvt. Ltd.
12th Floor, Tower I, DLF IT Park, Block - AF, 08 - Major Arte,
Kolkata, West Bengal 700156,
India
Fon +91 (33) 2324 2204
Fax +91 (33) 2324 2209

Management Team:
Andrew Morsi - Founder
Reuel Ghosh - Founder
Udai Singh Solanki - Founding Member
Sascha Hausmann - E.V.P. Of Operations
Jo Allen - E.V.P. Of Corporate Development
Lars Hahn - E.V.P. Of Finance

Founded 2001
Number of employees: > 170 (Sep 2008)
Headquarter: Colonia, New Jersey, USA
Second office in London (UK); Technical development centre in Kolkata (India).
Domains: www.ratetiger.com

"eRevMax, founded in 2001, is now operating in 60 countries and 415 cities. eRevMax has created a suite of products which has changed the landscape in which hotels distribute their inventory worldwide. Our main suite of products, ‘RateTiger’ has become the industries benchmark for successful tools enabling online distribution management. It continues to be our core objective to bring revenue maximization to the hospitality industry through, ‘next generation’ innovative e-products."
Source: www.ratetiger.com (Oct 2007)

RTChannel Manager
Manage all your extranet channels via "One Easy To Use" interface. Some of the main functionalities of RTChannelManager are:
• Online Real Time Rate Shopping (RTShopper)
• Inventory Management (RTAllocator)
• Quick Update (90 Days at a time, with one rate per day to update all)
• Allocation Alert
• Extranet Arrival Reports

RTShopper
RTShopper is a rate shopping tool that enables individual properties, regional or corporate users to keep track of the information they need, to know what price to have where and when, for any day to maximize their revenue. It allows to watch competitive hotels on all their various sales channels.
Shop 155 websites in 186+ cities, 40 countries and 394+ hotel sites.

RTAllocator
With RTAllocator, a client is able to update the rates and inventories displayed in multiple websites through one easy to use interface sparing him the bother of updating one extranet after another individually.

RTCorp
RTCorp enables a corporate body to view the hotel rates of its chain of hotels as displayed in respective hotel sites and in different travel sites in one composite report. The user can see the rates of any hotel in its chain very easily.

RTWeb
RTWeb enables a travel site to understand its position in the market by displaying the rates as defined in the competitor set of travel sites.

RTConnect
RTConnect provides a "switch board" for various distribution management systems like CRS, PMS, RMS etc, in which they can plug-in their systems to integrate with the IDS channels. RTConnect acts as an interface between various systems and IDS systems. RTConnect takes special care to keep all the information secure and to provide the right data to the right system at the right time.

Source: www.ratetiger.com (Oct 2007)

Ratetiger Produktübersicht (IHA) Sep 2007 (deutsch) 77.6 Kb.

Press News:
KOLKATA, 17 May 2008 : eRevMax Ltd, a New Jersey-headquartered company into developing revenue-maximising products for the software industry, is looking at the hospitality industry in India, which is poised to tackle a shortfall of 1.5 lakh rooms by 2010. We plan to open our office in Asia next year, but we have not yet zeroed in on the location," said chief executive officer Andrew Morsi. eRevMax, which has a back office in Kolkata, is keen to develop business in India. In 2007, the US did 51% of its business over the Internet, Europe 30%. So it is only a matter of time before others start to follow," he said. Around eight travel websites were launched in India recently, and all of them are successful," Morsi said. The company has been selling its products in India from its London office. India has the potential of contributing as much as 30% towards our global turnover. The highest number of inquiries for the products has come from India, followed by Thailand and Japan," he said. eRevMax started marketing its software solutions in India only nine months back and has already got 34 clients, including EIH Hotels and the Trident group.
The six-year-old company is also looking at acquiring a 'complementing' company for developing products such as a central reservation system or a property management system. "We will look at possible acquisitions next year. It makes sense for us to acquire an Indian company," he said. eRevMax is launching a new product, Red Tiger Strategy, next month.
The company is looking at a three-fold growth in turnover by 2010. "Our client base is likely to increase from the present 1500 to 3500 by then," he said.
As much as 65% of the company's turnover comes from its European operations, while the US contributes 30% and the Asian operations the rest. Morsi feels that 15-20% of the company's clients will be from Asia by 2010.
eRevMax has acquired half an acre at Rajarhat to set up a 32,000-sqmt facility. "Construction is likely to begin by the end of this year," he said.
Source: The Financial Express, 18 May 2008

KOLKATA, 20 May 2008. eRevMax Inc., a New Jersey-headquartered company engaged in the development and distribution of a suite of revenue maximisation and online distribution management software products for the hospitality and travel industry, will ramp up the headcount at its Kolkata development centre from 130 to 1,000 in the next two years.
After positioning the ‘RateTiger’ suite of products in the hospitality industry in Europe and North America, the company’s offerings have begun to generate interest among Indian hotel majors, according to Mr Andrew Morsi, Chief Executive Officer of eRevmax.
According to him, till recently, 70 per cent of the company’s business was generated from Europe with North America accounting for the rest. With increasing competition in the hospitality sector in India, hotels here, too, have evinced interest in leveraging from the ‘RateTiger’ suite of products.
Source: The Hindu Business Line, 21 May 2008

KOLKATA: eRevMax Technologies, a near Rs 40-crore city-based IT company, has finalised expansion plans. The company, which is developing a new delivery centre in Kolkata, plans to set up two support facilities in London and the United States. The total expansion outlay will be roughly Rs 40 crore.
The expansion exercise will see the company increasing its Kolkata delivery centre headcount from 170-odd to 1,400 people by 2010. eRevMax Technologies managing director Reuel Ghosh said, “The expansion will be completed by 2008. However, we have no plans as of now to set up any major delivery centre outside Kolkata.”
The company is setting up a new delivery centre spread over 60,000 sq ft in Rajarhat which will have a capacity for 1,000 people. “The first phase of the facility will be operational by August with 300 people and will eventually house 1,000 people by 2010,” said Ghosh.
eRevMax Technologies has recently opened its London facility which operates as a sales and marketing outfit. “We will soon set up a small support unit in this centre. Another such support centre is planned in US to be operational next year,” Ghosh said.
The company, which develops software for the travel and hospitality industry, has a client base of 2,000 companies.
Of these, nearly 60 per cent are located in Europe and 25 per cent in US. It also plans to increase its presence in the domestic market which contributes a tiny 2-3 per cent to the topline.
Source: IndiaTimes, 17 Sep 2007

Erevmax Technologies, a subsidiary of Erevmax Inc, will sell its stake to venture capital (VC) funds to raise $15 million for expansion.
The Calcutta-based travel and hospitality software company will double its headcount in India by the end of 2008. It will also employ a global sales force of 100 people in London and New York.
The company, which has been valued at $40 million, expects to complete the stake sale within next month.
“We have been working on this for the last four months because we need VC fund support for our global expansion. Our London office will be operational in the next two weeks. We want to upgrade our New Jersey office and open another one in New York. We also want to have a sales force of 100 people in New York and London by the year-end,” said Reuel Ghosh, chief executive officer of Erevmax Technologies.
Erevmax employs 200 people in the city (Calcutta). “We have bought half-an-acre of land in Rajarhat to develop a 60,000-sq-ft facility and plan to invest Rs 20 crore,” Ghosh said.
Source: The Telegraph, 15 Feb 2007

eRevMax plans new centre. New-Jersey-headquartered company engaged in the development of a suite of revenue maximisation products for the software industry, will soon raise $15 million from an Indian venture capital company.
eRevMax's development centre is currently located at the Salt Lake Electronics Complex in Kolkata and 200 professionals are engaged there. The company has firmed up plans to set up a new development centre spread over 60,000 sq ft at Rajarhat New Town at an investment of Rs 20 crore. Land for the purpose has already been acquired. When completed by 2008, the headcount at eRevMax's operations here is expected to double to 400 from the current 200.
According to sources, funds raised by the company would be used to, among other things, fund its growth plans in London and New York. In the current calendar year, the company hopes to put in place a "100-strong sales team" in London and New York.
The company's suite of revenue maximisation and online distribution management products have been deployed in the hospitality industry across the globe, including North America, Europe and India.
Source: The Hindu Business Line, 15 Feb 2007