Upromise Expands Relationship With Rewards Network

14th Jan 2004

Upromise, the company that helps families save for college, announced
today the launch of Upromise Hotels by Rewards Network. Through this new
program, members now can earn from three to eight percent of their total
room rate when they stay at one of over 6,900 participating hotel
locations nationwide.

Upromise Hotels by Rewards Network is simple for members to use. Members
must have at least one credit card registered with Upromise and search for
a hotel room through Upromise.com. Members select a hotel and book a
reservation directly through Upromise.com or by calling 1-888-434-9111.
Members earn college savings as long as they reserve and pay for the hotel
room with a registered credit card.

“The Upromise Hotels program by Rewards Network is a natural complement to
the current opportunities for college savings at Upromise and one more way
that we are helping America`s families to meet the challenge of paying for
college,” said George Bell, CEO of Upromise.

The Upromise Hotels by Rewards Network service marks an expansion of the
current relationship between Upromise and Rewards Network Inc. (formerly
known as iDine Rewards Network), which allows members to receive up to 10
percent of their dining expenditure as college savings at more than 9,000
restaurants nationwide participating in the Upromise Dining program.
Members can search a listing of participating restaurants by visiting the
Upromise site at http://www.upromise.com/.

Commenting on the expansion of the company`s relationship with Upromise to
offer rewards on both dining and hotel stays, Rewards Network Inc.
President and CEO George S. Wiedemann said, “Rewards Network now offers a
complete benefit for traveling families, rewarding them for both their
hotel and dining purchases through Upromise. Our partnership also provides
additional merchant benefits of matching motivated members with their


Upromise is a service that helps families save for college. Members can
automatically earn money for college while making everyday purchases at
more than 18,000 grocery and drug stores, 200 online shopping sites, and
9,000 restaurants nationwide, as well as tens of thousands of retail
locations. Since its launch in April 2001, Upromise has grown to over four
million members and its network of leading companies has increased
fourfold. Its grocery service has grown from 12 to over 30 manufacturers,
and from 2,000 to more than 6,000 items. Upromise`s contributing companies
include America Online, Citi(R), Coca-Cola, ExxonMobil, Kellogg`s,
McDonald`s, The Sharper Image and hundreds of others. Upromise makes it
easy for families to invest their savings in tax-advantaged 529 college
savings plans or use savings to pay off student loans. Brokerage services
are provided through Upromise Investments, Inc., member NASD/SIPC and a
wholly-owned subsidiary of Upromise,
Inc. Upromise is headquartered in Needham, Mass. For additional
information, visit http://www.upromise.com/ or call 781/707-8400.

Rewards Network headquartered in Chicago, Illinois, provides loyalty and
rewards programs for restaurants and hotels via its registered credit card
platform. Incentives are offered through the Rewards Network branded
program, airline frequent flyer dining programs, club memberships and
other affinity organizations. Rewards Network has 3.2 million active
members, and approximately 17,800 restaurants and hotels participating in
its rewards programs. Rewards Network`s common stock trades on the
American Stock Exchange under the symbol IRN and is listed in newspapers
as REWARDS. Additional details about Rewards Network can be found at
http://www.rewardsnetwork.com/ or calling Rewards Network at



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