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Springer-Miller Systems Acquires SpaSoft
Acquisition expected to diversify and expand
product offerings for SMS

Stowe, Vt. - December 3, 2002 - Springer Miller Systems Inc. (SMS) - the leading provider of guest-centric hospitality management systems - announced today that it has acquired Chronologix, makers of the SpaSoft product, from clubessential, Inc.  SMS, with its SMS|Spa product has been automating spas as part of its integrated hotel & resort systems for nearly ten years.  During the same period, SpaSoft has developed a reputation as the market leader in stand-alone spa technology.  The acquisition makes SMS the #1 provider of spa management solutions worldwide.

"Both SpaSoft and SMS|Spa have unique and valuable strengths.  These products, and the people behind them, will make each other stronger and more powerful for the benefit of all of our customers," said John Springer-Miller, President & CEO of Stowe-based Springer-Miller Systems. "This is a large step in our plan to diversify our product line and to solidify our position in the marketplace, thus making SMS the most expansive provider of spa software in the industry. SpaSoft is a successful product with a strong history, impressive client base and excellent reputation, and we look forward to adding this product to our suite of hospitality and leisure technology offerings."

Pursuant to the terms of the transaction, SMS has acquired all the assets related to the SpaSoft product, including the facilities located near Toronto, Ontario, Canada, which will become SMS's third largest operations and research & development facility in North America. Also included in the acquisition are the variety of software licenses and support agreements currently managed by clubessential.

About Springer-Miller Systems
Springer-Miller Systems Inc. is a leading provider of hospitality management solutions that meets the technology needs of all types of hospitality enterprises including city-center hotels, destination spa and golf properties, timeshare properties and casino resorts worldwide, setting the pace as a pioneer in the hospitality industry. Springer-Miller Systems' SMS|Host Hospitality Management System is distinguished from other property management systems with its truly integrated design and unique approach to guest service. The SMS|Host product suite, including more than 20 seamlessly integrated, guest-centric application modules, provides hotel/resort staff with the tools they need to personalize service, exceed guest expectations, and increase revenue. For more information on Springer-Miller Systems, visit our website at www.springermiller.com.

Contact:
Stephanie Reisberg
Springer-Miller Systems
P.O. Box 1547
Stowe, VT 05672 USA
Phone: +1 (802) 253-7377
[email protected]
Also See: Two Diverse Properties Managed by Destination Hotels & Resorts Choose Springer-Miller Hospitality Management Solutions / Feb 2002
George A. Goeggel, Managing Director Auberge Resorts, Seeks New Beginning in Technology with Springer-Miller Systems / Mar 2001
RCI and Springer-Miller Systems Building New Timeshare Sales / Marketing and Timeshare Club Automation System / July 2000


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