With property management software at its core, HotelTools is creating unique applications that will enable hotel owners and operators to manage their properties remotely and in real time. Its easy-to-access web-based interface, hoteltools.com, will combine this enterprise management application with a universal reservation system and supply chain integration. Hoteltools.com is expected to be the only portal that aggregates all facets of hospitality management, reservations and procurement into a single online community. By integrating all three functions through one seamless interface, HotelTools� applications will enable true real-time and one-entry functionality. 

In addition to a staff of 65 hospitality and internet industry veterans, HotelTools includes as directors John Russell, currently Vice-Chairman of the American Hotel Motel Association and formerly Vice-Chairman of the Travel Division of Cendant, Inc.  (NYSE:CD - news), James Mahan, III, CEO and Chairman of S1 Corporation (Nasdaq:SONE - news) and David Krischer, CEO and Chairman of Suburban Lodges. HotelTools� CEO, Seth Christian, was formerly Vice President of Operations and Technology with Suburban Lodges. 

HotelTools is seeking funding from venture capitalists, companies in the hospitality industry and others. In the interim, Suburban Lodges has made loans to HotelTools to provide the funds necessary to facilitate its launch. The Company expects that its loans to HotelTools, Inc. will aggregate approximately $3.5 million by June 30, 2000, and, if no additional funding is secured by HotelTools, the Company expects that its loans will aggregate approximately $7.5 million by December 31, 2000. The Company anticipates that, without other funding from third parties, it will make advances to HotelTools through June 30, 2001. In exchange for these loans, Suburban has received warrants to acquire a significant investment stake in HotelTools at a nominal cost. In the event HotelTools is unable to repay the loan, Suburban would recognize a loss up to the full amount of its advances. 

Commenting on the announcement, David Krischer said, �Suburban Lodges has always been at the cutting edge of technology, from our early adoption in 1988 of an automated telephone attendant to handle guest telephone calls to our proprietary property management system. A year ago we decided that the competitive advantage offered by the exclusive use of our software at Suburban Lodge hotels was outweighed by its extraordinary untapped value and potential for the entire hotel industry, so we began to explore alternatives for leveraging the value of this asset. Our announcement today is the result of that process. HotelTools� new offering is at the forefront of today�s technology, combining property management and real-time web-based reporting with real-time universal reservations and e-commerce. We are excited to play a part in its development.� 

Seth Christian said, �Suburban Lodges� twelve years of experience with its proprietary technology was critical in enabling HotelTools to move forward on an expeditious schedule. The entire product is being re-architected from its Suburban Lodge roots to take advantage of the most recent technology and to allow its various offerings to work together seamlessly. The new product has already received extremely positive reactions from hotel operators and owners, and we continue to garner interest with venture capitalists.

We expect the HotelTools website and property management software to be fully functional by the end of this year, and we hope to have formalized our funding by that time too.� 

HotelTools has recently established partnerships with a number of companies dedicated to e-business platforms and solutions including, ClickRewards, iSyndicate, HospitalityNet, Neon, CoreCommerce and Sun Microsystems. HotelTools is based in Atlanta, GA. For additional information, visit the HotelTools� booth number 1501 at HITEC and its web site hoteltools.com. 

HotelTools, Inc. will unveil its fully integrated, universal solution at this week�s HITEC show in Dallas. HITEC is the world�s largest and most comprehensive showcase of hospitality technology. HotelTools will hold a press conference at the Hyatt Regency Dallas on Wednesday, June 21, 2000, at 9:30 a.m. to announce the launch of its web site and introduce the members of its team. 

In addition to its interest in HotelTools, Suburban Lodges of America, Inc. owns, franchises and manages Suburban Lodge hotels, the nation�s largest chain of economy extended-stay hotels, and franchises GuestHouse International hotels, the mid-market nightly stay hotel chain with the franchisee-friendly franchise agreement. 

The matters discussed in the foregoing paragraphs of this news release include forward-looking statements that involve risks and uncertainties that could cause results to differ from anticipated results, including, but not limited to, economic conditions, volatile financial markets, HotelTools� ability to enter into contracts with hotel operators and owners, software development risks including, but not limited to, speed of development and quality of the product, competition, and HotelTools� and the Company�s financial condition.