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. Acquisition Places Pegasus in Position to Provide Next-Generation Hospitality Engine . |
| DALLAS (May 2, 2007) � Pegasus Solutions today
announced that it has acquired GuestClick, Inc., a provider of Web-based
software and services for the hospitality industry. The acquisition will
provide Pegasus with a foundation to build a next-generation hospitality
engine to serve as one of the industry�s first major overhauls of the central
reservation system (CRS).
�While Pegasus possesses one of the most comprehensive CRS offerings in the marketplace today, it is through this acquisition that we will be able to provide customers with the improved scalability and next-generation capabilities they need to stay competitive,� said Mike Kistner, Pegasus chief operating officer and executive vice president, distribution services. �Pegasus has always been committed to delivering breakthrough solutions to our customers and this acquisition is a testament to the dedication Pegasus has to continue delivering innovative solutions.� Through this acquisition, Pegasus will inherit the software and technology necessary to move to a comprehensive platform centralizing the functionality of its major systems. This consolidation of database technologies, operating platforms and programming languages will give Pegasus the capability to take its systems to the next level, all while retaining the deep functionality of its existing systems. �Over the years, Pegasus has established a reputation as a trusted provider in hospitality services and I am thrilled to begin working to help create a next generation hospitality engine that will only strengthen and enhance its core systems,� said Aaron N. Shepherd, former chief executive officer of GuestClick and now Pegasus� senior vice president, reservation technology. �Through achieving this important industry milestone, Pegasus will be at the forefront of the industry to provide its customers, both current and future, with a product that meets their needs for years to come.� About Pegasus  Dallas-based
Pegasus Solutions, Inc. is a global leader in providing technology and
services to hotels and travel distributors. Founded in 1989, Pegasus� customers
include a majority of the world�s travel agencies and more than 78,000
hotel properties around the globe. Pegasus� services include central reservation
systems, electronic distribution services, commission processing and payment
services, and marketing representation services, including the consumer
Web site, www.hotelbook.com. The company�s representation services, including
Utell® Hotels & Resorts and Unirez by Pegasus�, are used by more
than 9,300 member hotels in more than 130 countries, making Pegasus the
hotel industry�s largest third-party marketing and reservations provider.
Pegasus has 16 offices in 11 countries, including regional hubs in London,
Singapore and Scottsdale, Arizona. For more information, please visit www.pegs.com. |
| Contact:
Julie Hines � Pegasus Solutions
Ariel Herr for Pegasus Solutions
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