eRoomSystem Technologies, Inc. (Nasdaq:ERMS), a leading supplier of in-room technologies for the lodging industry, today announced the signing of a purchase agreement in the amount of $804,000 with the new Pechanga Resort & Casino in Temecula, California.
This 522-room luxury property is placing the complete line of eRoomSystem hospitality products in each of its guestrooms, including the fully-automated eRoomServ Refreshment Center, electronic eRoomSafe, eRoomEnergy management system and the recently introduced eRoomTray, an ambient tray solution which allows hoteliers to vend a variety of products outside of the refrigerator in an automated setting.
Located in the wine-country less than one hour from Los Angeles and San Diego, Pechanga Resort & Casino will offer 40,000 square feet of convention and meeting space, a 24,000 square foot grand ballroom, a 125 seat teleconferencing theater, a 1,300 seat performance theatre, seven restaurants and 75,000 square feet of modern casino space.
“We are very impressed with Pechanga`s pervasive vision in the modernization of their new luxury property,” said David S. Harkness, eRoomSystem`s Chairman and Chief Executive Officer. “The implementation of our expanding product line that includes our eRoomServ, eRoomSafe, eRoomTray and eRoomEnergy products will undoubtedly provide substantial cost savings and convenience to their hotel guests.”
“The recent purchase by Pechanga Resort & Casino and the Renaissance Hollywood Hotel together account for nearly $1.7 million under contract over the last ninety days,” said Gregory L. Hrncir, Vice President of Business Affairs. “This is particularly impressive in light of the sharp downturn in the U.S. travel and lodging industry, less than favorable economic conditions and widespread budgetary cuts. We attribute the foregoing purchase agreements to the strength of our product line based upon the profit generation capabilities and labor savings over the competition.”
About eRoomSystem Technologies, Inc.
eRoomSystem Technologies, Inc. is a full service in-room provider for the lodging and travel industry. Its intelligent in-room computer platform and communications network supports eRoomSystem`s line of fully automated and interactive refreshment centers, room safes and other proposed applications. Such applications include, or will include, in-room energy management systems, information management services, credit card/smart card capability for direct billing, network access solutions, remote engineering and maintenance services, and in-room cash advance. eRoomSystem`s products are installed in major hotel chains both domestically and internationally. eRoomSystem is a publicly traded company listed on the NASDAQ SmallCap Market. You can visit eRoomSystem Technologies, Inc. on the worldwide web at www.eroomsystem.com. Certain statements in this press release with respect to future expectations and plans may be regarded as “forward looking statements” within the meaning of Section 27A of Securities Act of 1933, Section 21E of Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements, including, but not limited to, statements with respect to future earnings, and all other forward-looking statements involve risks and uncertainties and are subject to change at any time.