Pegasus Solutions Rolls out New PMS Interface Strategy; Creates a New ''Hub'' Method with a Commitment to Offer the Most Advance

Pegasus Solutions, Inc. (Nasdaq:PEGS) today announced
its intention to improve the integration of its central reservation
system (CRS) to the wide range of property management systems (PMSs)
used by hotels. A new interface methodology was introduced and new
interfaces were announced with Multi-Systems, Inc. Pegasus' existing
interface with MSI's WinPM system will be enhanced with full two-way
capabilities, and MSI will assist Pegasus in developing an additional
interface for the RezView(R) CRS that will be compliant with Open
Travel Alliance (OTA) specifications. Dallas-based Pegasus Solutions
is a global leader in providing technology and services to hotels and
travel distributors.
   As part of its new strategy, Pegasus is creating a "PMS hub," in
which the Pegasus CRS will operate in a one-to-many mode. This method
will allow the information in the PMS and CRS to be cross-referenced
for each system and exchanged in both directions. Pegasus already
supports more than 20 interfaces to the RezView CRS for a number of
leading vendors' PMSs.
   Pegasus selected MSI to develop the new interfaces. The enhanced
interface to MSI's WinPM system will include new features such as rate
updates, which enable customers to make changes that are automatically
updated in the other system, and client file data transfer, which lets
PMSs exchange information seamlessly with the CRS.
   "We are combining MSI's expertise in CRS/PMS integration with
Pegasus' strength in providing central reservation services to
customers," said Mark Houser, chief information officer for MSI. "This
interface will offer the widest range of functionality and integration
available today."
   The OTA interface will enable third-party systems that have
adopted the OTA standards to have easier access to the RezView system.
With more interfaces available, more hotel chain customers can choose
Pegasus' CRS because the CRS will be able to interface with the PMSs
used by a hotel chain's properties.
   "In the one-to-many mode of our PMS hub methodology, we will
improve the efficiency, stability and data integration of a multitude
of property management systems and our CRS," said Dennis Law, senior
vice president of product management for Pegasus. "Through the
agreement with MSI to develop completely integrated interfaces, we
will offer hotels a solution that allows flexible control and
management of rates and availability in real time. By developing these
integrated interfaces with MSI for its WinPM product and for OTA
compliance, Pegasus will be able to offer a world-class enterprise
solution that will meet the needs of the hotel."

   Visit Pegasus Solutions at WTM, London at stand #GV3400.

   About MSI

   MSI, founded in 1990, is a leading supplier of hotel technology
and property management systems. With an installed customer base of
more than 3,200 hotels and resorts throughout North America, MSI is
one of the lodging industry's largest providers of fully integrated
property management, sales, marketing & catering, point of sale,
centralized corporate services and wireless PM systems. MSI
specializes in "total system solutions" for management companies and
hotel chains by providing central reservation and property system
integration. MSI's customer support team has been recognized as one of
the best in the industry and is the key to the success of their
products and services. For additional information about Multi-Systems,
Inc. technology solutions, please contact Bridget Oliva at
800-331-7890 or [e-mail]. For more information on MSI,
visit www.msisolutions.com.

   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(TM). The company's representation
services, including Utell by Pegasus(TM) and Unirez by Pegasus(TM),
are used by nearly 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, Scottsdale and Singapore. For more
information, please visit www.pegs.com.