Pegasus to Power German Hotel Reservations Service

Pegasus Solutions, Inc. (Nasdaq: PEGS) announced that it has just completed the implementation of its Electronic Distribution Switch connection to Cologne, Germany-based Hotel Reservation Service (HRS), providing HRS with real-time reservations access to any of Pegasus` 42,000 online distribution hotel customers.

HRS operates the Web sites ( )and ( )for online business and leisure travel bookings and also provides corporate travel management services. Dallas-based Pegasus Solutions is a leading provider of hotel industry transaction processing solutions and electronic commerce services.
HRS provides its corporate clients with password-protected access to the HRS corporate travel management system so that corporations` employees can make their hotel bookings online. Companies can integrate the HRS booking system into their company-wide Intranets and also arrange for company-negotiated hotel rates to be stored in the HRS system. More than 8,500 companies use the HRS system for online hotel bookings, including Electrolux, Unilever and Zeiss. As a result, all of these companies can now have access to Pegasus` technology through HRS for their online hotel bookings.

The agreement between HRS and Pegasus Solutions allows HRS` Web sites` users to select and book accommodations online by providing direct access to the central reservations systems of the hotels represented in Pegasus Solutions` Online Distribution Database that have specifically signed a negotiated rate agreement with HRS. Ranging from luxurious five-star hotels to independent family-run properties, more than 40 percent of the hotels in Pegasus` database are located outside the United States, and more than 1,200 of the hotels are located in Germany.
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