|Oct 12, 1998 - Infinium Software, Inc. (NASDAQ:INFM), a
leading developer of Web - and server
- based business software applications, today announced that The Venetian
Resort - Hotel - Casino, a Las Vegas resort set to open in April of 1999,
has selected Infinium Financial Management and Infinium Human Resources
for IBM's(R) AS/400(R).
The Venetian Resort-Hotel-Casino chose Infinium to manage the complex accounting and human resources operations of this "city within a city." When completed, the $2 billion resort will span 63 acres and employ approximately 10,000 people, making it the largest privately-owned facility of its type in the world. Therefore, The Venetian required a flexible, dependable, and accurate system to streamline its expansive operation. Infinium applications will help manage and administer complicated staff, wage, salary, and benefit schemes; track pay scales, union rules, shift differentials and tax requirements; comply with constantly changing government regulations; and manage inventory.
"To manage the world's largest resort hotel and casino, we needed a proven enterprise-wide business software solution, and Infinium has one of the highest product usage rates in the hospitality industry," said Steve Vollmer, Director of Information Systems at The Venetian Resort-Hotel-Casino. "With 10,000 people to manage in a 24-hour work environment, Infinium's strategic organization forecasting and time and attendance components will play vital roles in our success. We'll also have access to accounting information from one central location. This means no more double entry or trying to keep up two databases, which will eliminate human errors, and a lot of extra work," Vollmer added.
"We've leveraged our significant experience in the hospitality and services industry and developed products that fit our customers' highly sophisticated information system requirements," says Eric Austvold, Infinium's Director of Product Planning and Management. "Infinium Software provides Web-enabled, integrated solutions to meet today's workforce and financial management issues to streamline operations and provide The Venetian with a competitive edge."
About The Venetian Resort-Hotel-Casino and Convention Complex
Mirrored after Renaissance Venice, The Venetian Resort-Hotel-Casino has gone to extraordinary lengths to authentically recreate the landmarks of the famous island city - many built to full-scale by present day sculptors, artisans and builders, such as the Dodge's Palace, the Campanile Tower, St Mark's Square, the Rialto Bridge, and the Grand Canal. When it opens in April 1999, The Venetian will transport its guests to another place and time by providing visitors with a sense of being surrounded by the festivity and splendor of Venice's architecture, music, art and history. Housed within the resort complex will be 3,036 of the largest and most luxurious standard rooms in the world, each averaging over 700 square feet, making The Venetian the first all-suite hotel on the famed Las Vegas Strip; a 116,000 square foot casino; 500,000 square feet of retail space at The Grand Canal Shoppes; 500,000 square feet of meeting space at The Venetian Congress Center; the 63,000 square foot SpaClub from Canyon Ranch Health Resorts, a six-time winner of best spa by the readers of Conde Nast Traveler; and a direct link to the 1.15 million square foot Sands Expo and Convention Center. Taken together, these amenities will redefine the Las Vegas experience and create an unmatched resort destination for the 21st Century.
About Infinium Software, Inc.
Infinium Software offers a full range of Web- and server-based financial, human resources, materials management, and process manufacturing business applications. Infinium Software's products are designed to help high-growth companies thrive by delivering exceptional functionality and a high degree of flexibility. Infinium Software has more than 1,800 customers around the world representing a variety of industries including healthcare, hospitality, retail and process manufacturing. Founded in 1981, Infinium Software has offices worldwide, with headquarters in Hyannis, Massachusetts. Infinium Software's Web site can be found at http://www.infinium.com.
Infinium is a registered trademark of Infinium Software, Inc. Other trademarks referenced are the servicemarks, trademarks, or registered trademarks of their respective manufacturers.
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