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Pegasus Solutions Wins Two International Stevie® Awards in
Eighth Annual International Business AwardsSM



SCOTTSDALE, DALLAS and LONDON (August 16, 2011) – Pegasus Solutions has won two International Stevie Awards for Executive of the Year – Hospitality and Leisure, and Best New Product or Service of the Year in The 2011 International Business Awards. Mike Kistner, CEO was recognized as the Executive of the Year while the company’s monthly data report The Pegasus View was lauded as a Best New Product.
 
The International Business Awards are the only global, all-encompassing business awards program honoring great performances in business. Nicknamed the Stevie® for the Greek word “crowned,” the awards will be presented to honorees at a gala event on Tuesday, 11 October in the Emirates Palace Hotel in Abu Dhabi, United Arab Emirates.
 
Recipients of International Stevie Award trophies were selected from more than 3,000 entries received from organizations and individuals in more than 40 nations. Organizations all over the world are eligible to compete in The International Business Awards, and can enter in any of more than 40 categories from Company of the Year and Best New Product of the Year to Corporate Social Responsibility Program of the Year and Executive of the Year.  
 
“It’s an honor for Pegasus to be included among such a distinguished group of international corporations,” said Kistner. “This year’s honorees and entrants represent hard work and dedication exhibited during the most difficult market many of us have seen. Great corporate performance often shines the brightest during these trying times.”
 
Honorees were determined through two rounds of judging by close to 200 professionals worldwide.
 
“Entries to The International Business Awards grew by more than 80% this year, and that illustrates the increasing importance of the IBAs worldwide,” said Michael Gallagher, president of the Stevie Awards, presenters of the IBAs.  “We congratulate all of the honorees, and we look forward to recognizing them for their achievements at our gala event in Abu Dhabi on 11 October.”
 
Complete lists of honorees and other details are available at www.stevieawards.com/iba.
 
About Pegasus Solutions
Pegasus Solutions is the world’s leading provider of technology and services to hotels and travel distributors, supplying the award-winning RezView® NG central reservation system, 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 approximately 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 more than 6,000 member hotels in more than 130 countries. Pegasus is the hotel industry’s largest and most experienced 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. Pegasus has 21 offices in 12 countries, including Dallas, London, Singapore and Scottsdale, Arizona. For more information, please visit www.pegs.com or www.utell.com.
 
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service.  Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.  Learn more about the Stevie Awards at www.stevieawards.com.
 
Location hosting patron for The 2011 International Business Awards is the Ministry of Foreign Trade of the United Arab Emirates.  Premier sponsors include IBM Netezza and Smart Reader® Worldwide.  The Korea Business Communicators Association is the national sponsor for South Korea.  Localization sponsor of the 2011 Stevie Awards is SDL.  Location hosting supporters of the 2011 IBAs include Abu Dhabi Department of Economic Development, Abu Dhabi Chamber of Commerce & Industries, Dana Gas, the Gemological Institute of America and The International Business Times.
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Media Contacts:

Mandy Murphy
+44 (0)20 8490 4877
mandy.murphy@pegs.com

Ariel Herr
+1(214)890-7912
aherr@fortepr.com 

                                                                                                                                   
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