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HP and Technology Service Provider Pegasus Solutions
to Collaborate on Travel Technology



PALO ALTO
, Calif., Nov. 16, 2009 – HP Enterprise Services and Pegasus Solutions, the leading provider of technology and services to hotels and travel distributors, today announced they have entered into a seven-year services agreement that will allow Pegasus to enhance customer service, deliver business innovation and serve new markets while at the same time improving cost-effectiveness.

Under the agreement, HP will manage Pegasus’ industry-leading technology infrastructure, providing data center services including server, storage and network management for Pegasus and its clients, which include hotels and travel distributors around the world. HP also will provide its world-class disaster recovery services for Pegasus’ data center environment.

“With our shared expertise in the travel industry, a relationship between Pegasus and HP was a natural move,” said Mike Kistner, chief executive officer, Pegasus Solutions. “The integration of Pegasus’ RezView® NG into HP’s Travel Service-Oriented Architecture (SOA) platform will result in innovative solutions that will help our clients better understand and track their customers’ preferences, identify new sources of revenue and increase operational efficiencies.”

HP will utilize its Best Shore® global delivery network, which provides unsurpassed skills and expertise using consistent business and technical processes from locations around the world.

Additionally, HP will manage the Pegasus employee workplace computing environment for employees in 17 offices across 11 countries. Services include software management and site support services for employee desktops, notebooks and mobile devices. 

“Companies in the travel industry constantly look for ways to deliver better, more efficient service in an industry that grows more complex and competitive every day,” said Eric Harte, vice president, Transportation, HP Enterprise Services. “Our proven industry expertise and assets, like our Travel SOA platform, combined with Pegasus’ leadership in travel and hospitality solutions will bring much-needed innovations to the industry.”

HP Enterprise Services is the recently announced brand name for Electronic Data Systems, LLC.

About Pegasus Solutions Inc
“Pegasus is proud to celebrate 20 years of providing innovative solutions to hotels and agents around the globe.”

Pegasus Solutions is the world’s leading provider of technology and services to hotels and travel distributors, supplying state-of-the-art central reservation systems and electronic distribution services, advanced agency commission processing and payment services, and hotel marketing representation services. Founded in 1989, Pegasus created and launched the hotel switch, and today its customers include more than 90,000 properties around the globe as well as a majority of the world’s travel agencies. Additionally, Pegasus’ powerful representation arm incorporates Utell® Hotels & Resorts and Utell Connect, services that have been chosen by nearly 11,000 member hotels in more than 130 countries, making Pegasus the hotel industry’s largest third-party marketing, sales and reservations specialist. Pegasus also powers the niche consumer web site www.hotelbook.com™, dedicated to promoting independent and boutique hotels throughout the world. Headquartered in Dallas, Pegasus has 18 offices in 11 countries, including regional hubs in London, Singapore and Scottsdale, Arizona. For more information, please visit www.pegs.com or www.utell.com.

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

Note to editors: More news from HP, including links to RSS feeds, is available at
http://www.hp.com/hpinfo/newsroom/.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2009 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2008. HP assumes no obligation and does not intend to update these forward-looking statements.

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Editorial Contacts:
 

Jennifer Harbour, HP
+1 281 518 9632
jennifer.harbour@hp.com
 
Ariel Herr
Forte PR for Pegasus
 +1 214 890 7912 ext. 23
aherr@fortepr.com
 
HP Media Hotline
+1 866 266 7272
pr@hp.com
www.hp.com/go/newsroom
Hewlett-Packard Company
3000 Hanover Street
Palo Alto, CA 94304
www.hp.com

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Also See: Warwick International Hotels Renews Contract with Utell® and Selects Pegasus Solutions’ NetBooker® NG Enhanced Internet booking engine will drive online bookings directly to 27 Warwick Hotels and Resorts worldwide / October 2009

The Pegasus View September 2009 Reports GDS Average Daily Rate Reaches High Point; GDS Reservations Up By +7% in September 2009 Compared to September 2007, While Overall Booking Lead Times Across All Channels Remain Short / October 2009

Pegasus Solutions’ August 2009 The Pegasus View Shows Largest 2009 Single Month Increase in Leisure Bookings / September 2009

Pegasus Solutions and VFM Leonardo Form Strategic Partnership; Pegasus Chooses VFM Leonardo's VScape® Digital Asset Management System to Power All Visual Content for ODD and Content Hub / June 2009

Utell® Hotels & Resorts Signs Up Hundreds of New Members in 2009, Around the Globe, 471 Hotels from
65 Countries Have Selected Utell Since the Beginning of the Year / June 2009

Pegasus Solutions Teams with Rubicon to Launch New MarketVision Competitive Intelligence Reporting: Visit HITEC Booth #1054 or twitter.com/pegexec, Hotel Users Switch to MarketVision to Take Advantage of Pre-eminent Market Intelligence / June 2009
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