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Pegasus Expands Distribution Channels through
New Agreement with StarCite
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Pegasus to Provide StarCite with UltraDirect® Distribution Technology
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DALLAS and PHILADELPHIA (Sept. 11, 2007) – Pegasus Solutions, Inc. today announced it has signed an agreement to provide its UltraDirect distribution technology to StarCite Inc., the largest on-demand global meetings management company.

With this agreement, Pegasus will provide StarCite with electronic connectivity to hotel reservation systems, directly linking the company to Pegasus' portfolio of more than 78,000 hotel properties. Through the use of this single interface, StarCite can take advantage of real-time access to information on rates, availability and reservations from hotels worldwide.  The deal is an important step for Pegasus in breaking through to non-traditional Alternative Distribution System (ADS) distribution channels, according to Mike Kistner, Pegasus chief operating officer and president, reservation and distribution services.

"This agreement with StarCite is extremely significant for Pegasus,” said Kistner. "Expanding into the meetings space is a key component of our overall strategy to open new distribution channels. The meetings market continues to grow and represents a great opportunity for both hotels and travel distributors as an emerging frontier for online bookings. By aligning with the industry leader, we will provide our hotel customers the opportunity to work with the best in breed in the meetings space using connectivity they already utilize today.” 

UltraDirect will give StarCite instant access to Central Reservation System (CRS) information.  In addition, it will provide an automated solution allowing StarCite and its customers to book online and in real-time for hundreds of thousands of small meetings. According to Michael Boult, StarCite president and chief executive officer, the complexities associated with group business have caused the meetings industry to struggle to provide buyers and suppliers with frictionless booking capability, and the automation provided by Pegasus will alleviate this strain. 

"StarCite has a proven track record of innovation in the meetings industry, and we have an ongoing customer commitment to provide new and powerful solutions that create greater visibility, savings and control,” said Boult. "After careful consideration and due process, we were delighted to select Pegasus and its UltraDirect technology as a way to drive significant new value for our corporate clients and supply side partners. Our relationship with Pegasus will enable StarCite to provide new transactional capability to our clients and the industry that complement our well established and highly successful RFP process.” 

About StarCite, Inc.
StarCite®, Inc. is the leading provider of On Demand Global Meeting Solutions(TM). StarCite optimizes global investments in corporate meetings and events, delivering visibility, savings and control. StarCite provides process efficiency, enabling technology and proven adoption management support to drive significant cost reduction to buyers and enhanced revenues to suppliers. StarCite is based in Philadelphia. StarCite's equity holders include Internet Capital Group (NASDAQ: ICGE), TPG Growth, Norwest Venture Partners (NVP), and TL Ventures. For more information about StarCite or its technologies and services, please visit www.starcite.com.

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(TM), 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
+1 214.234.4267
julie.hines@pegs.com

Sara Spafford - StarCite
Sloane Public Relations
SSpafford@sloanepr.com
212-446-1879 
 

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