Travel software firm Datalex said its new customers - which include Virgin Atlantic and Canada's Air Transat - will contribute to its revenue by the end of the year.
In an interim management statement outlining performance to the end of October, Datalex said its operating performance and financial performance are in line with earlier expectations.
The company's transaction revenue, its key value driver, grew by 15% compared to the same time last year.
It said that during the four months to the end of October it saw continued growth in its business.
Datalex completed a deal in the third quarter with a leading European airline, which will start before the end of the year.
It also said it is in advanced talks with other airlines and it expects two new customers signings in the next quarter.
Shares in the company were almost 2.7% higher in Dublin trade today.
"Our financial position at the date of this interim management statement is in line with our expectations and we remain on course to grow our cash reserves by year end," the company stated.
During the four months to the end of October, Datalex agreed a technology partnership with Abacus International of Singapore. Abacus provides IT products and services to over 44,000 travel agency locations across Asia Pacific.
Datalex said that 2014 is a year of investment, performance and growth for the company, with significant new deployments and investment in new infrastructure to scale the business in the future.
"Our new customer signings and go lives in 2014 will help secure continued growth in our business in the coming years," the company stated.
"Despite challenges in the business environment in 2014, including the impact of the weak dollar during the first eight months of 2014, we are confident that our full year guidance will be achieved," Datalex added.
