PEGS Pegasus Solutions (MM)

Pegasus Solutions, Inc. (Nasdaq:PEGS) today announced that QualityVision is now actively processing reservations through Pegasus' PegsTour(R) service which automates bookings between hotels and wholesale travel distributors. QualityVision Technologies Inc. provides travel technology and visa application services for travelers to Saudi Arabia. Dallas-based Pegasus Solutions is a global leader in providing technology and services to hotels and travel distributors. The PegsTour system enables automation of bookings for both contracted allocations and extra-allocation requests between hotels and tour operators or wholesalers, linking each component of the wholesale model. Real-time electronic delivery of bookings direct to a hotel's central reservation system and property management system helps reduce booking errors and enables hotels to better manage their tour/wholesale business. Tour operators and wholesalers benefit from the efficiency of PegsTour's single-system interface - just one online connection provides access to multiple PegsTour-connected hotel suppliers so tour operators can view and manage their contracted room blocks and rates. New PegsTour hotel customers include Golden Tulip Hotels, Inns and Resorts, Hyatt Hotels Corp., and Relais and Chateaux. They join Charming Hotels, Hilton International, Le Meridien Hotels, Marriott International, Sol Melia and Thistle Hotels. Pegasus has recently announced tour operator Chan Brothers Group's selection of PegsTour, along with CTrip, Flairview Travel and Hotelbeds. QualityVision is dedicated to offering automated travel arrangements for Muslim festivals. Acting in this instance as a hotel wholesaler, QualityVision works with over 100 contracted hotels in Saudi Arabia to distribute their rooms through PegsTour. QualityVision's travel agent customers, based in 15 destinations across the Middle East, use PegsTour to book their allocated rooms, while also booking travelers' flights and ground transportation - necessary arrangements before a visa can be issued. As one of only four companies appointed by the Saudi government to process visa applications online, QualityVision is in a strong position to combine the visa application, travel and hotel reservation processes together and capture increased bookings to Saudi Arabia - a market it estimates is worth $25 billion a year. "PegsTour provides the technology for us to easily and efficiently facilitate bookings between our network of contracted hotels and pilgrims booking through our travel agents," said Dr. Osama Atabani, president of QualityVision. "We have been working closely with Pegasus on the implementation of PegsTour and are very happy with the efficiency and ease-of-use of the system." Peter Fitzgerald, vice president of international sales for Pegasus said: "We are really pleased that QualityVision selected us to automate their bookings, and this relationship opens a new market to us. Pegasus is a leader in electronic distribution solutions, with solutions for the tour operator market even in the Middle East which is dominated by tour business." Visit Pegasus Solutions at WTM, London at stand #GV3400. About Pegasus 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 more than 60,000 hotel properties around the globe. Pegasus' services include central reservation systems, electronic distribution services, commission processing and payment services, and marketing representation services, including the consumer Web site, www.hotelbook.com(TM). The company's representation services, including Utell by Pegasus(TM) and Unirez by Pegasus(TM), are used by nearly 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.