Pegasus Solutions Offers Hotels a Unique Technology for Managing Today's High Volume of Reservation System Queries

Pegasus Solutions, Inc. (Nasdaq:PEGS) announced today
that RAVE, its exclusive Rate and Availability Engine, will be offered
to hotels to help manage the alarmingly high volume of shopping
queries generated daily from travel agents, travel distributors and
travel Web sites. Dallas-based Pegasus is a global leader in providing
technology and services to hotels and travel distributors.
   RAVE, which was developed by Pegasus to enable its own CRSs to
cope with the increasing number of shopping inquiries, is the only
system available that can help hotels deal with the ever-increasing
number of queries that are threatening to overwhelm hotel CRSs.
   "CRSs are being inundated with rate and availability inquiries as
consumers and travel agents shop for just the right room at just the
right price," Bob Boles, Pegasus chief operating officer, noted. "With
Next Generation Seamless (NGS) technology giving travel agents direct
access to hotel CRSs and online travel sites making it easy for
consumers to comparison shop, reservation systems that were designed
for a look-to-book ratio of four queries to one booking are now faced
with ratios in the thousands-to-one range. And the ratio is
increasing."
   Although some hotels are responding by adding additional
processing capacity, "they can't just keep adding servers to solve the
problem," Bole noted. "Now, they can take advantage of RAVE, which
processed 78 million shopping transactions in January 2006 for hotels
using our CRS, to alleviate the stress on their CRSs."
   The company said it would release specifications in April for an
OTA (Open Travel Alliance) compliant interface into RAVE so that
hoteliers can make the necessary preparations to start the
implementation process with RAVE in the 3Q this year.
   "RAVE is definitely an added value to Rezview customers," said
Riko van Santen, director of distribution and information technology
for the Golden Tulip Hospitality Group. "The explosive growth in NGS
connectivity on GDS, the growing number of 3rd party sites, Web rate
crawlers and meta search engines would all add substantial burden to a
CRS environment if not for RAVE."
   RAVE stores and maintains a property's rate and availability data
taking the additional processing burden generated by the Global
Distribution System (GDS) and online travel sites off the central
reservation system. The hotel's rate and availability information is
updated within RAVE on an ongoing basis to ensure that the information
is in sync with the hotel's CRS. This process enables travel agents
and online consumers to identify hotels that meet their travel needs
more quickly and more efficiently, knowing that the information they
see while shopping will not change as the booking process continues.
   "RAVE gives hotels the opportunity to be represented across
multiple distribution channels," explained Boles, "while keeping its
CRS from being overwhelmed by the ever-increasing volume of shopping
requests."
   The RAVE engine went live on November 24, 2003, when hotels
represented by the Utell by Pegasus(TM) service became the first hotel
"chain" to have availability inquiries fulfilled by the RAVE engine.
   Since then, Pegasus has successfully implemented the RAVE engine
for many customers, including Preferred Hotels and Resorts, Summit
Hotels and Resorts, Sterling Hotels and Resorts, Golden Tulip Hotels,
Top International, ANA Hotels, Camino Real, Charming Hotels, Jurys
Doyle, Marco Polo, Meritus, Registry Hotels, Taj Hotels, Warwick
International, Prince Hotels and Leading Hotels of the World.
   Learn more about Pegasus' electronic distribution services during
ITB. Pegasus is exhibiting in hall 8.1, stand 111.

   About Pegasus

   Dallas-based Pegasus Solutions, Inc. (Nasdaq:PEGS) is a global
leader in providing technology and services to hotels and travel
distributors. Founded in 1989, Pegasus' customers include a majority
of the world's travel agencies and more than 60,000 hotel properties
around the globe. Pegasus' services include central reservation
systems, electronic distribution services, commission processing and
payment services, and marketing representation services, including the
consumer Web site, www.hotelbook.com. The company's representation
services, including Utell by Pegasus(TM) and Unirez by Pegasus(TM),
are used by more than 7,000 member hotels in 140 countries, making
Pegasus the hotel industry's largest third-party marketing and
reservations provider. Pegasus has 18 offices in 13 countries,
including regional hubs in London, Singapore and Scottsdale, Arizona.
For more information, please visit www.pegs.com.