PRNewswire-FirstCall DALLAS Dec. 1 :

Pegasus Solutions, Inc. will announce the closing of the Unirez, Inc.
acquisition and its financial outlook for the fourth quarter 2003 and the
full year 2004, after the market closes on Wednesday, December 3, 2003. In
conjunction with these releases, Pegasus will host a conference call,
which will be simultaneously broadcast live over the Internet. John F.
Davis III, president, chief executive officer and chairman, and Susan K.
Cole, executive vice president and chief financial officer, will discuss
the Unirez acquisition, its financial outlook for the fourth quarter 2003
and full year 2004, and related business matters.

Wednesday, December 3, 2003 - 5:00 P.M. Eastern Time   http://www.pegs.com/
  Click on “investor”
Please allow extra time prior to the call to visit the site and download
the streaming media software required to listen to the Internet broadcast.
The online archive of the broadcast will be available two hours after the
call for 30 days.
About Pegasus Solutions, Inc.
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Dallas-based Pegasus Solutions, Inc. is a leading global provider of hotel
reservations-related services and technology. Founded in 1989, Pegasus`
customers include a majority of the world`s travel agencies and more than
50,000 hotel properties around the globe. Pegasus` services include
central reservation systems, electronic distribution services, commission
processing and payment services, property management systems, and
marketing representation services. The company`s Utell representation
service is used by nearly 4,400 Utell member hotels in more than 140
countries, making Pegasus the hotel industry`s largest third-party
marketing and reservations provider. Pegasus has 18 offices in 11
countries, including regional hubs in London, Scottsdale and Singapore.
For more information, please visit http://www.pegs.com/ .

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