News for the Hospitality Executive
|Scottsdale, Ariz. – October 2, 2007
– JDA® Software Group, Inc. (NASDAQ:
JDAS), the leading provider of hospitality enterprise pricing and revenue
management solutions, today announced it has expanded its partnership with
The Rainmaker Group, the world leader in automated revenue management software
and services to the gaming hospitality industry. The new agreement
extends The Rainmaker Group’s right to market and sublicense JDA’s hospitality
management software in the hospitality industry.
JDA Group Vice President Revenue Management Andy Archer said, “We are delighted to announce this extension of our partnership with the Rainmaker Group; it represents important progress towards JDA’s strategic vision for the Hospitality Industry.”
The Rainmaker Group Principal Tammy Farley said, “The expansion of our ongoing relationship with JDA enables The Rainmaker Group to benefit from JDA’s broad reach in the hospitality sector, and enables us to focus on providing specialized revenue management solutions to current and future hospitality clients using JDA Software solutions.”
Expanding on the strategic importance of the agreement to JDA, Archer said, “In the last few years, the market for Revenue Management solutions has matured and the requirements in the market are growing more sophisticated and specialized. With unmatched experience working with major hotel chains and extensive cross-industry knowledge, JDA has a clear leadership position in enterprise forecasting and pricing optimization – the central components of our Next Generation Enterprise Revenue Management vision.” Archer noted that The Rainmaker Group has unparalleled expertise in the casino gaming segment and in customer value-based hospitality Revenue Management, which gives the company a compelling value proposition for larger and more complex hotels, making them a natural partner to market and implement JDA Revenue Management solutions.
“We are extending our partnership with Rainmaker to sell and sub-license JDA’s Hotel Revenue Management software in the non-gaming hospitality segment because we believe it will enable us to capitalize more effectively on the entire market,” added Archer.
About The Rainmaker Group
The Rainmaker Group is a software and services company that provides revenue management for over one-half million units in the casino/gaming, multi-family housing and other industries. Rainmaker implements and supports the revolutionsm product suite, which maximizes total property profitability for operators of casino hotels and other hospitality enterprises. The company enables clients to identify and maintain availability for their most profitable revenue sources through revenue management implementations. The Rainmaker Group helps casino hotels increase profitability through the accurate, instantaneous ability to determine the minimum acceptable value of each guest. This increases client profitability by securing the most profitable customers while developing more effective business processes. Hospitality clients include Boyd Gaming, Harrah's Entertainment, Omni Hotels, MGM MIRAGE, Trump Entertainment Resorts and other leading hotel companies.
The Rainmaker Group also provides the revolution LRO TM profit optimization solution that enables multi-family housing operators to maximize revenue from apartment leases. revolution LRO lease rate improvement results have been reviewed and validated by independent accounting firms. For over five years revolution LRO has delivered optimized leasing rates to the largest operators in the industry including Archstone-Smith, Equity Residential, Post Properties, Simpson Housing, Mid-America Apartment Communities and a number of other leading multifamily housing companies.
JDA Software Services Industries Group (Travel, Transportation, Hospitality and Media)
JDA Software Group’s Services Industries Group has pioneered industry leading pricing and revenue management solutions. Today, leaders in the service-based Travel, Transportation, Hospitality and Media industries leverage JDA’s expertise to maximize their profits. JDA clients include Carlson Worldwide, Continental Airlines & Cargo, Harrah’s-Caesars Entertainment, Omni Hotels, Princess Cruise Lines, Eurostar and TUI UK (formerly Thomson Holidays).
About JDA Software Group, Inc.
JDA® Software Group, Inc. (Nasdaq:JDAS) is the enduring demand and supply chain partner to the world’s leading retailers, manufacturers and suppliers, helping 5,500 customers in more than 60 countries realize real demand chain results. JDA has solidified a unique marketplace position, in that only JDA can offer a complete vertically-focused solution with the depth and breadth of capabilities necessary to enable the Customer-Driven Value Chain. JDA software solutions enable high-performance business process optimization and execution to achieve a connected view of the customer from raw materials flowing into production to end-consumer products at the shelf. With offices in major cities around the world, JDA employs the industry’s most experienced supply and demand chain experts to develop, deliver and support its solutions. For more information, visit www.jda.com, email firstname.lastname@example.org or call 1-800-479-7382.
This press release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as “will,” and “expect” and other words with forward-looking connotations. In this press release, such forward-looking statements include, without limitation, many remarks by JDA or Rainmaker concerning the anticipated benefits of using our products. The occurrence of future events may involve a number of risks and uncertainties, including, but not limited to the fact that our products may not be successfully implemented or that the anticipated benefits of using our products will not be realized; and other risks detailed from time to time in the “Risk Factors” section of our filings with the Securities and Exchange Commission. Additional information relating to the uncertainty affecting our business is contained in our filings with the SEC. As a result of these and other risks, actual results may differ materially from those predicted. JDA is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
"JDA” is a registered trademark of JDA Software Group. Any trade, product or service name referenced in this document using the name "JDA" is a trademark and/or property of JDA Software Group. All other trade, product, or service names referenced in this release may be trademarks or registered trademarks of their respective holders.
JDA Software Group, Inc.
JDA Investor Relations
JDA Public Relations
|Also See:||Haven Holidays Selects JDA Software to Deploy New Revenue Management System; Haven Partners to Leverage JDA's Revenue Management Solution to Maximize Sales Revenue Across its 36 U.K. Holiday Parks / September 2007|
|Hotel Industry Executives Chart Future of Demand Forecasting at JDA Leadership Dinner; Hospitality Chain Stakeholders Discuss Innovations to Boost Revenue Optimization / July 2007|
|Carlson Hotels Worldwide Selects JDA Software To Implement Chain-wide Revenue Optimization Solutions; Carlson Partners with JDA to Drive Value for its Franchisees with Next Generation Revenue Optimization Capabilities / April 2007|
|Tour Operators to Gain Insights on Boosting Profitability at Upcoming JDA - TUI Webinar; JDA partners with TUI in January 18 event to help operators maximize revenue / January 2007|
|Dollar Thrifty Automotive Group Captures Sales Opportunities, Drives Improved Forecasting with JDA / January 2007|
|JDA® Software Group Adds Revenue Management Professionals to Services Industries Division; JDA grows Revenue Management Services with three industry professionals / December 2006|
|What Makes a Good Revenue Manager? More Than You Think; The best can raise RevPAR 3 to 7%. Use these tips to spot top talent and improve your chain’s bottom line / October 2006|
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