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Spaace, Ltd. to Install TOPLINE™ Yield Management
System in COK Hotels Amersterdam Properties

Staines, Middlesex, UK (February 6, 1998) --  Spaace, Ltd., a distribution and technical support agent for OPUS 2 products and services in Europe, the Middle East, and Africa,  has secured a contract to install OPUS 2’s TopLine™ yield revenue management system in Cok Hotels’ three Amsterdam properties.  The TopLine™ system was installed in late 1997 and all hotels will upgrade to the company’s TopLine™ PROPHET system in March 1998.

“We were pleased to be able to help Cok Hotels Amsterdam select and install this very capable and sophisticated system from OPUS 2,” stated Bob Battye, Chief Executive of Spaace, Ltd.  “The TopLine™ system suits their needs for revenue management and reporting.  The upgrade to TopLine™ PROPHET will further enhance their capabilities and provide a seamless interface to their Fidelio Front Office System.”

The Cok Hotels Amsterdam properties include three hotels: the Cok City Hotel in the heart of historic Amsterdam and two Cok Hotels bordering Vondelpark, near the city’s canals and museums.  The hotel group just celebrated its 50th year in business, having grown from a youth hostel to a trio of first-class business/leisure hotels.

TopLine™ is an effective yield management system which makes the best possible use of our data,” said Gerard-Jan Van Wageningen, Revenue Manager for Cok Hotels Amsterdam.  “It brings together the functions of front office, reservations, and sales, to give us a distinct competitive advantage.  Now we are easily able to evaluate the profit impact of accepting or rejecting group and contract business requests.  We are impressed by the returns which this system can deliver.”

OPUS 2 CEO Charles Clack stated, “We’re very excited to have Spaace, Ltd. represent OPUS 2’s products and services in selected overseas markets.  There is great demand for our technology in these parts of the world, and by working with Spaace, Ltd., we’ve created an effective way to reach these markets.  The contract with Cok Hotels Amsterdam is just the beginning of what we feel will be significant worldwide business.”

Spaace, Ltd. is a leading hospitality vendor representing software companies throughout Europe, the Middle East, and Africa.  They market a wide variety of systems developed specifically for the hospitality industry.

OPUS 2 Revenue Technologies, Inc. is a worldwide leader in developing software systems and strategies designed to maximize revenues for hotels and hotel companies.  OPUS 2 offers a complete line of products and services for revenue management, reservations systems, training and incentive programs, as well as
custom software solutions.

Chuck Clack
(603) 431-9200

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