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Plusgrade Responds to Patent Infringement Claim

MONTREAL, Oct. 1, 2012 /PRNewswire/ -- Travel technology company Plusgrade today issued the following statement in response to a patent infringement lawsuit filed by Optiontown LLC and the company's owner Tenon & Groove, LLC, against Plusgrade. The action was filed September 10, 2012 in the U.S. District Court for the District of Delaware.

"After extensive review of the complaint, we are confident that this lawsuit is without merit and we will vigorously defend the superior platform and services for which Plusgrade is known. We believe this claim is an attempt by Optiontown to gain a competitive edge through litigation rather than competing effectively in the marketplace," said Ken Harris, Plusgrade founder and CEO.

Plusgrade was launched in 2009 with the mission of helping airlines generate new ancillary revenue streams and deliver first-class customer experiences through targeted upsell opportunities. Plusgrade's technology was built from the ground up by a talented team of industry veterans who have extensive experience with the sale of distressed inventory. The Plusgrade platform delivers its extraordinary results using methods that differ vastly from those referenced in the complaint.

"It is business as usual at Plusgrade. We remain fully committed to our current and future airline partners and to delivering the sustained results that have fueled our steady growth," said Harris. "Our legal counsel will handle this matter in due course, while we continue to focus on creating and offering best-of-breed products and delivering world-class customer service to our airline partners."

About Plusgrade

Plusgrade (www.plusgrade.com) is a pioneering travel technology company that was founded in 2009 by an established team of travel technology veterans and entrepreneurs. Plusgrade's signature revenue upsell platform has been adopted by some of the world's leading and most respected travel providers and was recognized by an audience of global airlines as the best new solution for airlines to generate new revenue streams (Airline Information Mega Event 2010).

Please direct inquiries to:

Andrea Riggs

Plusgrade Public Relations

+1 (917) 572-5555

ariggs@plusgrade.com

SOURCE Plusgrade