Hotel Online Special Report

Passkey Names Bob Orlando
Chief Financial Officer
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Quincy, MA - Jan 19, 2005 - Passkey International, Inc., the leading provider of group reservations management solutions, has appointed Bob Orlando as its new senior vice president and CFO.

"We are extremely fortunate to have Bob join our executive team," said Greg Pesik, Passkey's president & CEO. "In the 20 years working in the technology sector, Bob has acquired hands-on experience in building and managing companies to bring them to profitability, and has a substantial record of developing investor relations and securing strategic financing. Bob brings significant financial knowledge to our management team, and will play a key role in the growth of our presence in the hospitality market."

Before joining Passkey, Orlando held the position of vice president, CFO, treasurer and secretary at Switchboard, a leading provider of local online advertising solutions and Internet-based yellow pages, where he crafted and implemented a simpler, more coherent business model that contributed to positioning the company for sale to infoSpace, Inc. in June 2004. Prior to Switchboard, Orlando served as senior vice president finance & administration, CFO, and treasurer at Mathsoft, where he negotiated and closed three merger & acquisition transactions, which generated a significant contribution to the company's profits, bringing it to profitability, and led it through a successful IPO in 1993.

"I am very pleased to be part of a company with such growth prospect," said Orlando. "I am particularly excited about Passkey's recent progress in delivering advanced integration with planner registration as well as hotel reservation systems. The combination of these efforts has fostered great progress toward becoming the open standard for group reservations management."

Orlando is a certified public accountant and holds a Bachelor of Science degree in accounting, from Bentley College.

About Passkey

Passkey, the internet-based booking engine and event management solution, is the meeting and convention industry's standard for group reservations management and distribution. The Quincy, Mass.-based provider empowers organizers of single-property meetings and city-wide events with access to a web-based application that provides all parties with 24/7 shared access to critical event information and real-time reports. The Passkey-enabledSM global network consists of Convention and Visitors Bureaus (CVBs), hotels, association and corporate meeting planners, meeting management companies, professional congress organizers (PCOs), travel agencies, and registration vendors. Passkey investors include: Lazard Technology Partners; Galileo (NYSE: GLC) Partners; Sabre (NYSE: TSG) (www.sabre.com); Galileo (NYSE: GLC) (www.galileo.com); Worldspan (www.worldspan.com); and TravelCLICK (www.travelclick.net).
Website: http://www.passkey.com

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Contact:

Marie McKinley
Passkey International, Inc.
email: [email protected]
phone: 617-237-8231
http://www.passkey.com



 
Also See: Passkey Releases Automated Rooming List Management Product; New Functionality Eliminates Manual Keying of Room Lists for Passkey Users / December 2004
Hotels Accelerating Adoption of Advanced Technology Solutions to Manage Group Business; Passkey Empowers Hotels to Increase their Online Group Bookings / June 2004
Eight More Cities to Offer Passkey; Charlotte, Cincinnati, Hartford, Ontario, Richmond, Toronto, Washington D.C., and Wildwoods Join the Passkey-enabledSM Network / February 2004
Marriott To Offer Passkey Meeting Management Tool; Meeting Planners Receive Greater Control and Flexibility / October 2003
Passkey is Named MPI's Exclusive Digital Partner for Group Housing / March 2003
Passkey Appoints Chris Avery as New VP, Business Development / March 2003
Passkey Goes Global; Opens Office in Dublin, Lyon Convention and Visitors Bureau First European City to Become Passkey-enabled / Nov 2002
Boca Resorts, Inc., Selects Passkey to Further Serve Meeting and Event Planners / Oct 2002
Omni Hotels First to Implement Passkey Enterprise Solution Across Entire 40-Property Portfolio / Oct 2002
PGA of America Hits the Green With Passkey / Aug 2002
Nothing But BlueSkyz and Passkey / Sept 2002
Jay Ramadorai Joins Passkey as Senior Vice President & Chief Technology Officer / July 2002
Passkey Names Former Hotel Executives Paul Rantilla and Andrew Mace to Sales Positions / April 2002 


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