ExPretio appoints Alexandre Savard as Director of Business Development, Sales and Marketing

Montreal, QC, September 18, 2023 — ExPretio Technologies is pleased to announce the appointment of Alexandre Savard as Director of Business Development, Sales and Marketing.

ExPretio Technologies, a world leader in Revenue Management and Customer Intelligence for rail and bus operators, is proud to add Alexandre to its Executive Management team.

According to Carlos Triana, General Manager of ExPretio: "Since its recent acquisition by Modaxo, ExPretio is entering a new chapter. More than ever, our goal is to improve passenger rail experience and increase the financial sustainability of operators through advanced solutions and artificial intelligence. Alexandre's proven experience, leadership and skillset are perfectly aligned with this vision."

Alexandre has been active in the transportation industry for more than 25 years, both in the public and private sectors. Over the years, in various management positions, he has overseen public transport operations, systems implementation projects and international business development initiatives. He is an active advocate for a more innovative and sustainable transport sector. As Head of Business Development, Sales and Marketing, Alexandre will be leading ExPretio's growth and expansion plans.

I am enthusiastic about joining ExPretio and the Modaxo group”, says Alexandre Savard.” I have always been driven by innovation for a more sustainable transport industry. ExPretio is the perfect example of an organization fitting this vision. More than ever, the passenger rail and bus industries need to be attractive, efficient, and financially sustainable to remain amongst the best modes of transport available. I am looking forward to meeting with operators, stakeholders and partners worldwide to tackle these challenges."

About ExPretio Technologies Inc.

ExPretio was founded in 2003 after more than a decade of advanced academic research in revenue and price optimization by world-renowned experts in Operations Research and Management Science

At ExPretio, we are 100% committed to the application of Revenue Management principles to the rail passenger transport industry. Our flagship product, Appia, is a powerful and highly adaptable Revenue Optimization and Customer Intelligence solution. Used by major European rail operators who have seen significant improvements in revenue, passenger traffic, and yield, Appia is able to meet the demands of an increasingly dynamic and competitive railway industry.

ExPretio Technologies provides state of the art, customized, high-performance revenue management, and pricing solutions. We offer solutions in optimal inventory control, demand forecasting, and optimal pricing, as well as consulting services for analysis in specific areas or for strategic planning. Our unique technology allows our clients to explicitly take into account their customers purchasing behavior, their competitors reaction, as well as any business constraint.

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ExPretio in Vienna for the World Passenger Festival 2023