AMEX Business Travel Increases Own Clientele

American Express Business Travel announced a series of recent new customer wins and contract extensions across a broad range of industry groups and geographies. To further capitalize on its early first quarter sales acquisitions momentum and to ensure that client needs continue to be met on every level, the Company also announced key reinforcements to its leadership structure, effective immediately.

During the first 60 days of 2008, new sales wins and renewals (signed contracts and letters of intent) increased 73 percent, compared to the same period of the previous year. Contributing to the strong sales growth through new contracts or extended agreements are well-known household name companies and various public sector organizations.

“We are seeing that in today’s environment, businesses across various industry sectors and geographies recognize the value of our brand and turn to us to provide the technology, expert insight and customer service they need to generate cost savings and optimize their business travel investment,” said Charles Petruccelli, president of American Express Global Travel Services.