Hotel Online Special Report


Jay Ramadorai Joins Passkey as Senior Vice President
& Chief Technology Officer
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QUINCY, Mass. - July 16, 2002 - Passkey, the meetings industry standard for hospitality inventory management and distribution, announced today the appointment of Jay Ramadorai to the position of senior vice president and chief technology officer.  In his new role, Ramadorai will drive the design, development and execution of Passkey technology enhancements and additions to better serve the hospitality/travel industry.  He brings 16 years of information technology experience and a solid aptitude for business planning, research, strategy, architecture and execution of eBusiness solutions to the firm.

According to Greg Pesik, Passkey¹s president and CEO, “Jay¹s strong mix of product and services experience, coupled with his extensive knowledge of building and perfecting open systems, Internet and database technologies, make him the ideal leader for our technology team.  We are thrilled to welcome him to the company and are confident that his leadership will be integral to our goal of developing and implementing technologies that will dramatically change and streamline the way the industry is now handling group business.”

Ramadorai most recently served as executive vice president and chief technology officer at LastMinuteTravel.com, where he designed and built a scalable platform using emerging travel technologies, such as direct-connect, to deliver last-minute travel inventory to consumers.  While at LastMinuteTravel.com, he also led the implementation and launch of AOL’s Last Minute Travel channel on their multiple Internet properties.  Prior to that, Ramadorai developed Internet solutions for a diverse iXL client base and he built a successful global e-procurement exchange for General Electric while at Software Builders International.

Ramadorai explains, “Passkey is clearly becoming the open standard for hotel and meeting professionals looking to streamline the group reservations management and distribution process.  They have successfully created a state-of-the-art technology that works with clients on all levels.  This kind of forward thinking environment is where I want to be.  I look forward to taking their technology to the next level and further securing Passkey¹s position in the marketplace.”

About Passkey:
Passkey (www.passkey.com), the industry leading ASP solution for group reservations management and distribution, provides all channels of this industry¹s planning process with better, more efficient ways to manage events. The Quincy, Mass.-based provider empowers users with web-based applications that provide all parties with real-time reports and updates on every facet of the planning process. Industries served include Convention and Visitors Bureaus (CVBs), Global Distribution Systems (GDS), hotels, travel agencies, associations, corporations, meetings RFP engines and registration vendors.  Travel providers who are Passkey-enabled(SM) can also leverage Passkey technology to manage group housing for both citywide and single property meetings. Passkey investors include:  Lazard Technology Partners; Sabre (NYSE: TSG) (www.sabre.com); Galileo (NYSE: GLC) (www.galileo.com); Worldspan (www.worldspan.com); TravelCLICK (www.travelclick.net); DRV and McCord Group Travel Services (www.mccord.com).

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Contact:
Colleen Turner
Burnieika/Turner Communications
255 Main Street
Hyannis, MA  02601
phone:  508.775.4008
email:  colleen@btc-boston
www.passkey.com


 
Also See: Passkey Names Former Hotel Executives Paul Rantilla and Andrew Mace to Sales Positions / April 2002 


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