Press for KAYAK

Building on its industry-leading distribution capabilities, The Travelocity® Partner Network has signed a contract with leading travel search engine KAYAK.

Kayak Software Corp. grew revenue by 51.4 percent in 2010 over 2009, the company reported this morning in an updated prospectus for an initial public offering on the Nasdaq market.

Microsoft Corp. said Friday it is improving its Bing search website by teaming up with travel search provider Kayak.com.

Kayak comes to the rescue for the leisure traveler looking for the 'best deal' on airline, hotel, car rental or cruise bookings made over the Internet. Unlike online travel agencies like Expedia (EXPE) or Priceline (PCLN), Kayak does not provide online bookings directly but provides users a one-stop research solution to best fares along with other value-added services like flight status updates and pricing alerts.