ATLANTA, Ga., Sept. 28--PRNewswire-AsiaNet/InfoQuest TRX, Inc. (Nasdaq: TRXI) announced today that its initial public offering of 6,800,000 shares of common stock has been priced at $9.00 per share. TRX agreed to sell 3,400,000 shares, and its selling stockholders have agreed to sell 3,400,000 shares. In addition, the selling stockholders have granted the underwriters an option to purchase up to 1,020,000 additional shares to cover any over-allotments. TRX will not receive any of the proceeds from the shares of common stock sold by its selling stockholders. The common stock will be quoted on the Nasdaq National Market under the symbol "TRXI" and is expected to begin trading on 27 September 2005. Credit Suisse First Boston LLC acted as sole book runner for the offering, which was co-managed by Thomas Weisel Partners LLC, Legg Mason Wood Walker, Incorporated, and SunTrust Robinson Humphrey. A copy of the final prospectus related to this offering may be obtained from: Credit Suisse First Boston Prospectus Department Eleven Madison Avenue, Level 1B New York, New York 10010 Fax: (212) 325-8057 This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer or sale will be made only by means of the written prospectus forming a part of the effective registration statement. About TRX, Inc. TRX is a leading, independent provider of transaction processing and data integration services to the global travel industry. TRX provides five hosted technology and service offerings: RESX (Online Booking), SELEX (AgentTechnology), CORREX (Automated Processing), TRANXACT (Settlement & Exceptions), and DATATRAX (Data Integration). TRX provides each of these solutions independently or as a comprehensive, integrated end-to-end processing suite for travel agencies, travel suppliers, large corporations, credit card issuers, and expense management companies. TRX is headquartered in Atlanta, Georgia with operations and staff in North America, Europe, and Asia. SOURCE: TRX, Inc. CONTACT: Lindsey Sykes, Chief Financial Officer of TRX, Inc., +1-404-929-6100, or [email protected] Web site: http://www.trx.com --Distributed by AsiaNet (www.asianetnews.net)--