According to Mark Sadosky, AremisSoft Executive Vice President Sales & Marketing, �Kimpton�s goal of implementing 'critical, but behind the scenes' technology in its properties is in line with our product strategies. We are pleased to see that our products and services continue to meet Kimpton�s high expectation level and we look forward to continuing our development strategies to further enhance the requirements of tomorrow�s hospitality industry.�

Andre Mantha, Director of IT for Kimpton added, �The advantages of working with AremisSoft is that they have superior and extremely responsive customer support. The product enhancement team has a thorough understanding of their product and the hospitality industry. From the sales process all the way through on-going support, AremisSoft associates are motivated to work with their customers. The staff in Wichita has made tremendous efforts to respond to the Kimpton Group's needs on many occasions.� 

Kimpton Group comprises 34 hotels and 28 restaurants located in eleven cities nationwide and in Canada. The company currently has hotels underdevelopment in New Orleans, Washington D.C., San Francisco and Cupertino, California.

AremisSoft develops, markets, implements and supports enterprise-wide applications software targeted at mid-sized organizations in the manufacturing, hospitality, healthcare, and construction industries. 

All statements, other than historical facts, included in the foregoing press release regarding the Company's financial position, business strategy, and plans of management for future operations are "forward looking statements."