CoachQuote.com
is pleased to announce the appointment of David Sullivan
as Chairman of its Board of Directors. Sullivan, who has 35 years of
experience in the hospitality industry, will focus on building long-term
value for the company and provide the strong, veteran leadership necessary
as the company moves into a new phase with its cutting-edge
second-generation technology. The new technology completely automates the
entire group-booking process and enables tour operators and group leaders
to not only book their group trips online, but also manage every aspect of
them up until the time they take the trip.

“We are honored to have David Sullivan join our company as Board
Chairman,” says Scott Harness, President and CEO, CoachQuote.com(R). “His
extensive knowledge of the industry and firm understanding of Internet
travel companies will be a tremendous asset to our company, especially as
we enter our most aggressive growth phase yet. We are very excited about
our new technology and are elated to have a man of David’s caliber on
board who has the vision and experience to help us realize our full market
potential.”

Sullivan’s career in the hospitality industry began with American Express
Company where he eventually served as Vice President and General Manager
for Europe and later Mexico. He then spent 15 years with Holiday Inns,
Inc., where as Senior Vice President, Administration, he had
responsibility for reservations, marketing, worldwide sales, and
franchising. As Executive Vice President & Chief Operating Officer for the
Promus Hotel Company, he was responsible for the day-to-day operations of
over 1,000 Hampton Inns, Homewood Suites and Embassy Suites hotels.

In 1997, Sullivan co-founded ResortQuest International, the first brand-
name and online booking service in vacation rentals, property management
and resort real estate sales in premier resort destinations in North
America. Sullivan, who served as the first Chairman and Chief Executive
Officer, led ResortQuest International in acquiring a resort management
software company and 33 operating companies, which represented over 17,000
units in 40 resort locations and a successful IPO in 1998 where the
company was listed on the NYSE. In November 2003, ResortQuest
International was acquired by Gaylord Entertainment. At the time of its
acquisition, the company held the leading market position in the vacation
rental property management industry, with an approximate market share of
4% of a market, which in the United States is estimated to be worth $10
billion.

“This is an opportunity for me to assist with the advancement of
technology within a unique travel market segment,” says Sullivan.
“CoachQuote.com(R) has used its technology to shape and change an industry
that has historically been slow to keep up with technological advances.
The company has matched suppliers’ needs with the needs of tour operators
and group leaders and created technology that meets the needs of both
groups. CoachQuote.com(R) is uniquely positioned to dominate an entire
segment of the travel industry. It is an exciting company and I am very
happy to be a part of it.”
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