Kayak Software Corporation (KAYAK) is a technology-driven company focused on improving online travel. The Company�s Websites and mobile applications enable people to research and compare accurate and relevant information from hundreds of other travel Websites in one display. It also provides multiple filtering and sorting options, travel management tools and services, such as flight status updates, pricing alerts and itinerary management. Once users find their desired flight, hotel or other travel products, KAYAK sends them to their preferred travel supplier online travel agent (OTA) Website to complete their purchase. KAYAK�s services are free for travelers. It offers travel suppliers and OTAs a channel to sell their products and services to audience focused on purchasing travel. It earns revenues from both referrals to travel suppliers and OTAs, or distribution revenues, and from a range of advertising placements on its Websites and mobile applications, or advertising revenues.