Hotel Online Special Report 
Maureen Mullarkey, Former CFO of International Game Technology, Joins Zoho as Chief Financial Officer Zoho Corporation Strengthens Executive Management Team with Addition of Hospitality Industry Executive
SUNNYVALE, Calif. – July 7, 2000 – Zoho Corporation, the premier online marketplace for the hospitality industry, today announced that Maureen Mullarkey, former chief financial officer of International Game Technology (NYSE: IGT), has joined as its new chief financial officer. IGT is a world leader in the design, development and manufacture of microprocessor-based gaming products and software systems in all jurisdictions where gaming is legal.
“Maureen is an excellent addition to Zoho’s executive management team,” said Bill Fraine CEO of Zoho Corporation. “In addition to her strong business sense and financial track record, Maureen brings to Zoho a wealth of knowledge and experience in the gaming and hospitality industries. Over the last 10 years, through sales and acquisitions, Maureen has been instrumental in growing IGT from an over $100 million company to nearly $1 billion in revenues. Her strong business foundation and understanding of our evolving marketplace will be an asset to Zoho and will enable us to truly become the complete solution for back-of-house operations in the hospitality industry.”
Prior to joining Zoho, Mullarkey served as the chief financial officer of IGT where her contributions helped drive several successful strategic initiatives at the company. Her many accomplishments include, playing a key role in IGT’s successful share repurchase program, including the 11 million share fixed price tender offer completed in January, 2000. She also led IGT’s successful $1.0 Billion Senior Note Offering in May 1999. In addition, Mullarkey was integrally involved in the company’s acquisition of Sodak Gaming, Inc., IGT’s sole distributor in Native American markets throughout North America and the purchase of Barcrest, a U.K. gaming subsidiary, from Bass Enterprises. Mullarkey began her career with IGT in 1989 as a senior financial analyst. She was promoted to manager of corporate financial planning in 1991 and then became director of finance in 1993, before being named to her current position in 1996.
“I am looking forward to my new position with Zoho and working with its strong and experienced management team to continue building a world-class company,” said Mullarkey. “Zoho’s vision for managing and streamlining back-of-house operations as well as its focus on customer service directly addresses the needs and demands of hoteliers and casino operators. With partners such as Starwood, Harrahs and others, Zoho has begun to make a tremendous impact on the hospitality industry and is positioned to revolutionize the way business is conducted. I am very excited about the opportunity to play an integral role in such a dynamic company.”
Zoho (www.zoho.com) is the premier online hospitality marketplace backed by leading technology companies, including Dell and Ariba, and is the choice of leading properties such as Harrah’s Entertainment Inc. and Starwood Hotels & Resorts Worldwide, Inc., including its St. Regis, Luxury, Westin, Sheraton, Four Points and W brands. With no software to install, upgrade or maintain, Zoho empowers purchasing organizations and suppliers across all segments of the hospitality industry to streamline the entire procurement lifecycle – from planning and design, to procurement of operating supplies and services, to liquidation of used and surplus goods. Unlike e-purchasing sites, Zoho helps hospitality organizations strengthen their procurement processes by eliminating inefficiency and reducing costs across the entire supply chain – including transportation and banking.
Contact: Greg Morse, Zoho: 408-469-4300 Dana Fields, Sloane & Company: 212-446-1878 http://www.zoho.com Also See Zoho Completes More than 50 million Dollars in New Funding / April 2000 Zoho Now Provides Handheld Ordering System; Automates the Supplies Ordering Process / June 2000