Datalex on track for 2011 growth

Travel software firm Datalex is on track to continue growing in 2011, the company said, with new contract wins in the first four months of the year.

The company, which is headquartered in Dublin, said its new business was performing strongly so far this year, securing contracts with United Airlines, where it willwork on its loyalty system, and European travel agency TCH, which is to use Datalex's TDP platform.

"Our expectation for 2011 is that we will build on the progress of 2010, and deliver real growth in earnings before interest, tax, depreciation and amortisation, cash and enterprise value for our shareholders," Datalex said. "We are pleased to report that in the first four months of 2011 we have laid a solid foundation for that plan, and we remain on course to deliver for the full year."

Last year, Datalex reported more than $3 million in Ebitda.