Pegasus Solutions

Pegasus Solutions, Inc. (Pegasus) is a global provider of technology and services to hotels and travel distributors. The Company's services include central reservation systems, electronic distribution services, commission processing and payment services, and marketing representation services, including the consumer Website hotelbook.com. Pegasus Solutions' representation services, including Utell by Pegasus and Unirez by Pegasus, are used by more than 7,000 hotels in more than 130 countries. As of December 31, 2005, the Company had 17 offices in 12 countries, including regional hubs in London, United Kingdom; Scottsdale, Arizona, and Singapore.

More About Pegasus Solutions

As a pioneer in the travel technology industry, Pegasus Solutions has a long history of breakthroughs. With the introduction of the SWITCH technology, the world's first electronic switch connecting travel providers and distributors, Pegasus opened up a new world of opportunity for the travel industry. With the goal of creating a wider, more accessible market for travel providers and distributors, Pegasus works to create solutions that lead to breakthrough performance for every customer.

Pegasus' vast portfolio of solutions include: reservation, distribution, financial, and representation services. With its endless innovations and reputable customer support, Pegasus has become the largest third-party marketing and reservation provider in the world. Pegasus serves the ten largest U.S.-based travel agencies, eight of the top ten agencies in the United Kingdom, more than 86,000 hotel properties around the globe, and more than half of the 50 largest hotel companies in the world. More than a thousand Web sites and services have their hotel reservations powered by Pegasus.

Pegasus Solutions provides cost-efficient, simplified hotel solutions including:

• Leading-edge Central Reservation System (CRS) technology for hotels to address reservation requirements
• CRS connections to the global distribution systems (GDS) and other alternative distribution systems (ADS)
• Marketing services to drive hotel bookings
• Travel Agent commission processing and reconciliation

Breakthroughs happen every day for Pegasus Solutions customers. When was the last time you had a breakthrough?