PEGS Pegasus Solutions (MM)

Travel Agents Can Access Rates Via UI Code on all Major GDSs More than 2,200 Utell by Pegasus(TM) member hotels are offering steep discounts this summer as part of the 2005 yearlong GREATRATE promotion. During July and August, the minimum discount at participating hotels is 25 percent, with some properties offering rooms at nearly 50 percent off rack rate. As an added value, all guests booked via GREATRATE receive a complimentary breakfast after each night of their stay. Dallas-based Pegasus Solutions (Nasdaq:PEGS) is a global leader in providing technology and services to hotels and travel distributors. More than 2,200 hotels -- including 1,500-plus properties in Europe, more than 500 in the Americas, and nearly 200 in Asia Pacific -- are offering discounted rates via the GREATRATE program. Many popular destinations are represented, highlighted by the following cities: -0- *T City & Country Number of Utell Hotels Participating in GREATRATE Program ----------------------------------- ---------------------------------- Barcelona, Spain 71 London, United Kingdom 74 Miami, Florida 27 New York, NY 17 Paris, France 140 Rome, Italy 54 San Francisco, California 13 Shanghai, China 9 Singapore 13 *T "The GREATRATE program is our top selling program at our Champs Elysees hotel," said Cecile Ainciburu, director of sales at the Amarante Hotels Group in France. "In 2004, the GREATRATE program generated nearly a third of our summer revenues for this hotel, an increase of seven percent over 2003. We're expecting even better figures this year through our competitive summer rates." The Amarante Champs Elysees is a 4-star boutique hotel, featuring 42 upscale rooms on Paris' historic boulevard. "The GREATRATE program is a major reason we continue extending our Utell by Pegasus membership," said Miguel Cusi, director of sales at the Kensington Close Hotel and Health Spa in London. "In 2004, the GREATRATE program delivered a 43 percent increase in revenue over 2003. And we're seeing even better figures for this year." Travel agencies are increasingly taking advantage of the deep discounts available via the GREATRATE promotion to make reservations for both business and leisure travelers. "Utell by Pegasus hotels offer a tremendous range of properties," said Nick Foot, operations director for Hotelscene, a U.K.-based agency. "The summer GREATRATE specials offer a tremendous incentive, and clients are often thrilled when they learn about the free breakfast that comes with these deeply discounted rates." Hotelscene's GREATRATE bookings increased 255 percent in 2004. How To Book A GREATRATE At Participating Utell by Pegasus Properties All Utell by Pegasus member hotel bookings are fully commissionable to accredited travel agents. Travel agents can book GREATRATE rates through any Pegasus voice reservations office, via all GDSs, and on www.UtellAgent.com. Rates are available at participating properties through Dec. 31, 2005, and are valid seven days a week. All bookings require a minimum two-night stay, with no maximum stay restrictions. When booking via GDS, travel agents should use the following guidelines to access participating GREATRATE hotels: Amadeus: Access UI and then SR-GRS Galileo: Access C-L and search for GREATRATE Sabre: Access RC-P and search for GREATRATE Worldspan: Access UI and then PC-PRO When calling reservation centers, travel agents should cite "GREATRATE" when making a booking. The following is a sample listing of hotels offering GREATRATEs(a): -0- *T Participating Property GREATRATE ------------------------------------ --------------------------------- Hesperia Sant Just Hotel, Barcelona from 92 EUR Europa Hotel, Belfast from 70 GBP Strand Palace Hotel, London from 78 GBP Casablanca Hotel on the Ocean, Miami from $89 USD Beach West Side Inn, New York from $56 USD Amarante Champs Elysees, Paris from 190 EUR Marina Palace Hotel, Rio De Janeiro from $120 USD Priscilla Hotel, Rome from 92 EUR Cartwright Hotel on Union Square, from $109 USD San Francisco Park Hotel, Shanghai from CNY115 Royal Hotel, Singapore from 105 SGD (a)Individual hotel participation, as well as hotel rate and availability, are at the discretion of the individual property. Rates are effective as of the date of publication and are subject to change. *T Travel agents can utilize www.UtellAgent.com to see photos of properties, get details on local attractions, and learn other pertinent information. Agents are invited to visit http://www.utell.com/great_rate.cfm to maximize service to their clients and find more information on the GREATRATE program. Company Information Dallas-based Pegasus Solutions, Inc. (Nasdaq:PEGS) is a global leader in providing technology and services to hotels and travel distributors. Founded in 1989, Pegasus' customers include a majority of the world's travel agencies and nearly 60,000 hotel properties around the globe. Pegasus' services include central reservation systems, electronic distribution services, commission processing and payment services, property management systems, and marketing representation services. The company's representation services, including Utell by Pegasus(TM) and Unirez by Pegasus(TM), are used by more than 7,000 member hotels in 140 countries, making Pegasus the hotel industry's largest third-party marketing and reservations provider. Pegasus has 18 offices in 13 countries, including regional hubs in London, Scottsdale and Singapore. For more information, please visit www.pegs.com. Editors Note: Photos of Participating Properties Available upon Request. (C) 2005 Pegasus Solutions, Inc. All rights reserved.