MINNEAPOLIS, March 2, 2001 � IDeaS, Inc., a leading provider of revenue management solutions, announced today that Raffles International Hotels and Resorts named IDeaS as its revenue management partner with installation of its e-yield� Revenue Management Solution at the Hotel Vier Jahreszeiten Hamburg targeted for Summer 2001.

After careful review and evaluation of the different types of solutions available to the hospitality industry, Raffles was impressed with IDeaS� revenue management concepts and technology, and with its processes and procedures put in place to deliver optimal revenues and profits to hotels.

�IDeaS offers a truly unique and innovative solution that clearly sets a high standard for results and benefits delivered - and guaranteed,� said Ingo C. Peters General Manager at Hotel Vier Jahreszeiten Hamburg. �IDeaS superior approach to forecasting demand at all levels within a Hotel is impressive. Combining this with a professional global team was what convinced us that we were making the best choice.�

�We are excited to have a hotel company with the stature of Raffles International to become one of our clients,� said Uli Pillau, IDeaS� managing director for EAME. �Raffles International and specifically the hotel Vier Jahreszeiten Hamburg can count on us to deliver. We share Raffles� enthusiasm for seeing the first round of results.� 

Raffles International Hotels and Resorts

Hotel Vier Jahreszeiten Hamburg, a Raffles International Hotel and a member of Leading Hotels of the World, is known for its high level service standards and personalized service. The hotel is prominently situated on the Inner Alster Lake of Hamburg, in the heart of the prime retail and commercial district. Founded in 1897, the hotel features 156 rooms and suites, 5 air conditioned rooms for conferences, banquets and receptions for up to 400 people, 4 restaurants, 2 bars and a luxurious Amrita Spa, with sauna, steambath and a fitness area as well as wide selection of spa treatments and body-therapies. The variety, the timeless and luxurious ambience and the exceptional personal service have given Hotel Vier Jahreszeiten a standing place in all international rankings among the best hotels in the world. 

Raffles International is a name well respected in the industry for its standards of quality, award winning concepts and innovative approach towards hotel management. 

The expertise of Raffles International covers a full spectrum, from hotel design concepts, spatial planning, marketing, technical services, hotel pre-opening services and quality assurance to general management. 

Raffles Internationals Hotels and Resorts are marketed under two brands: Raffles and Merchant Court. 

IDeaS, Inc.

IDeaS is the leading provider of revenue management solutions to the hospitality industry. The company�s solutions deliver consistent, measurable value for its clients. IDeaS has captured global market share based on innovative �next generation� solutions and demonstrated increases in revenue and profitability for clients. The result has been a paradigm shift in market leadership and dominance for IDeaS� clients globally.

The company�s clients include Hyatt International Corporation, Bass Hotels & Resorts, Inter-Continental Hotels & Resorts, Hilton International, Mandarin Oriental and Kempinski Hotels and Resorts e-yield� can be deployed at the property level, centrally or as an ASP solution. The company�s revenue management solutions are LAN, WAN and Internet-enabled, creating an architecture that is customized to serve clients� business strategies.

Headquartered in Minneapolis, Minnesota, IDeaS also maintains global technology and sales offices in North America, the United Kingdom, Germany, Australia and India. For more information, visit IDeaS web site at www.e-yield.com.