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PSAV Portfolio Climbs in Rockies with Regional Acquisition

Transaction expands PSAV’s portfolio to Vail, Colorado
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LONG BEACH, CALIF. — JUNE 10, 2008 — PSAV® Presentation Services, the leading supplier of audiovisual and event technology to hotels, associations, producers, and meeting planners worldwide, announces the acquisition of Davis AV’s Colorado Rocky Mountain operations. Davis AV will continue to own and operate its convention services division out of its Denver corporate offices.

With this transaction, PSAV adds a number of new hotels in the Vail Valley, in addition to the multiple hotel properties it currently services in Denver and Aspen.  One such property is the Park Hyatt Beaver Creek Resort and Spa, a newly renovated 190 room property with over 20,000 square feet of indoor and outdoor event space.  Other properties include the Beaver Creek Lodge; Westin Riverfront Resort and Spa; The Charter at Beaver Creek; Lion Square Lodge; The Sonnenalp Resort of Vail; and, Austria Haus Club and Hotel.  PSAV will also be adding a new Event Services office in the Vail Valley which will provide seamless support to meetings and events throughout the region.

“We are very excited about this acquisition and believe we can take these new properties to the next level by bringing in our proprietary tools and extensive resources,” said Digby Davies, PSAV CEO. “This transaction is in line with PSAV’s strategic objectives to extend our leadership in on-site contracted technology support and to expand our presence in all major meeting and convention destinations.”

“We welcome the Davis AV Rocky Mountain team into the PSAV family,” he added, “and look forward to serving what we consider to be some of the most prestigious hotels and resorts in the region.  We anticipate a smooth and virtually invisible transition for these hotels and their valued event customers.”

Davies said PSAV’s immediate plans include investing in the upgrade of local AV equipment.

For more about PSAV Presentation Services, please visit www.psav.com.

About PSAV® Presentation Services
PSAV is the leading supplier of audiovisual and event technology to hotels, associations, producers and meeting planners worldwide.  With over 800 luxury hotels, resorts and conference centers worldwide, PSAV is totally committed to making every live event an unforgettable experience.  PSAV’s goal is to turn ordinary meetings into memorable experiences so the message lasts. www.psav.com.

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Contact:

For PSAV:
Barb Worcester
President/Principal
PRPro
Tel: (440) 930-5770
barbw@prproconsulting.com
 

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Also See: PSAV Asks HITEC '08 Attendees to Think Beyond Your Meeting Space For Event Technology Integration / June 2008
PSAV Offers Event Technology Tips to Add BIG Impact to Meetings with Little Cost; New advances in audiovisual technologies, such as circular screens, LED video walls, and soft sets such as drapery and stretch fabrics, maximize impressions with meeting attendees and dress the facility / March 2008
PSAV's LED Lighting 'Wows' Meeting Goers, Dresses Hotels, and Reduces Energy Costs; LED lights use up to 80 percent less energy than incandescent light; Hotels hail LEDs for versatility, design effect, and customer satisfaction / February 2008
Palms Las Vegas Partners with PSAV to Orchestrate Event Technologies and more; National leading audiovisual and event-technology company is selected as sole provider for high-speed Internet access, wired and wireless client/guest networks and business center solutions for the destination resort / February 2008
PSAV Relocates Its Event Technology Warehouse in Dallas; With a new 87,000 square-foot warehouse PSAV® Presentation Services is better equipped to showcase and store its state-of-the-art event equipment while supporting its growing customer base in Texas / November 2007
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