Professional Performance Systems Pty Ltd (“PPS”) the owner of the BYOjet Group and the proprietary software platform JETMAX International, is pleased to announce that its strong growth has continued with another all-time record sales month for its online travel business during April 2015.
Reported Total Transaction Value (“TTV”) for the BYOjet Group exceeded $8.82m1 for the month of April, representing a 4.9% increase from the record set in the previous month. While the online travel landscape remains competitive, the BYOjet Group uses proprietary technology and strategic partnerships to access a profitable and growing sector of the market. This is reflected in the continued TTV growth.
Lenny Padowitz, CEO of the BYOjet Group, said: “It is great to see our developments and partnerships generating solid and consistent results for our shareholders. A majority of this sales growth can be attributed to multiple projects initiated shortly after we shifted all our attention online in December 2014.
“We are excited to report a continued record sales performance and the management of the BYOjet Group remains committed to driving growth and expanding profit margins by better leveraging technology.”
A number of new initiatives for the BYOjet Group are currently in the final phase of deployment and will be announced shortly.
Disruptive Investment Group Limited (“DVI”) currently owns 38.73% of PPS, with an option to move to 54.69% ownership upon conversion of its convertible note interest.2
For further information, please contact Dr Adir Shiffman on (02) 9248 6988.