Pegasus to Power Hotel Reservations for Germany`s National Rail Company

Pegasus Solutions, Inc. (Nasdaq: PEGS) today announced it has signed an agreement with Frankfurt, Germany-based Deutsche Bahn (Germany`s National Rail Company) to provide hotel reservations capabilities for the system used by Deutsche Bahn`s reservations agents to make employee travel arrangements.

Dallas-based Pegasus Solutions is a leading provider of hotel industry transaction processing solutions and electronic commerce services.

Deutsche Bahn`s reservations agents in its call center in Frankfurt will use the system to make hotel reservations for its employee business travel. Deutsche Bahn, which offers 30,600 passenger trains transporting 4.7 million customers each day, employs more than 223,000 people who book in excess of 400,000 room nights per year for business travel.

Once the technology interface to Pegasus` Electronic Distribution Switch is implemented, Deutsche Bahn`s reservations agents will be able to query room availability, book hotel reservations and receive a confirmation in seconds 24 hours a day at more than 41,000 hotels around the world, including 48 of the 50 largest hotel brands in the world based on total number of guest rooms(1).

Pegasus Solutions will be replacing the hotel reservations functionality currently being provided to Deutsche Bahn by a global distribution system (GDS). Deutsche Bahn is scheduled to go live with Pegasus` technology during the first quarter of 2002.


“Pegasus Solutions` technology provides us with a quicker and easier method for booking hotels,” said Kai Schmidt, travel manager for Deutsche Bahn. “We will be able to gain direct access to the hotels` central reservations systems rather than going through a third-party database.”

As a result of the agreement with Pegasus, Deutsche Bahn`s reservations agents will be able to view detailed property information, rates and photos, allowing the agents to provide a more informed sell. Ranging from luxurious five-star hotels to independent family-run properties, more than 40 percent of the hotels available through Pegasus` system are located outside the United States, with more than 1,200 hotels in Germany.

Kevin Short, Pegasus` senior vice president of operations and reservation services, said, “This is the first national railway to sign with Pegasus to use our technology as a viable alternative for accessing aggregated hotel supplier inventory, and we look forward to expanding our relationship with Deutsche Bahn to become involved in more of their hotel reservations channels.”

Deutsche Bahn will be among the first of Pegasus` clients to access multilingual property content in Pegasus` Online Distribution Database. Hotels in Pegasus` database will have the opportunity to upload their hotel property information in German and French during the fourth quarter of 2001. Deutsche Bahn will then be able to access the hotel property information that has been translated into German.