Pegasus Solutions to Webcast Conference Call for Third Quarter Results

Pegasus Solutions, Inc. (Nasdaq:PEGS) will release its
third quarter 2005 results after the market closes on Tuesday,
November 8, 2005. In conjunction with this release, 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-Conner, executive vice president and
chief financial officer, will review the company's financial results
for the third quarter 2005 and discuss the company's financial outlook
and other related business matters.
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                       Tuesday, November 8, 2005
                        5:00 P.M. Eastern Time
                             www.pegs.com
                        Click "Investor Center"
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   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 approximately 30 days.

   About Pegasus Solutions, Inc.

   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.

   The conference call webcast may include forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements include statements regarding future
events, financial projections, estimated transaction volumes and
expected average daily room rates, as well as management's
expectations, beliefs, hopes, intentions or strategies regarding the
future. Because such statements deal with future events, they are
subject to various risks and uncertainties, and actual results could
differ materially from current expectations. Factors that could cause
or contribute to such difference include, but are not limited to,
terrorist acts or war, global health epidemics, variation in demand
for and acceptance of the company's products and services, the level
of product and price competition from existing and new competitors,
delays in developing, marketing and deploying new products and
services, as well as other risks identified in the company's
Securities and Exchange Commission filings, including those appearing
under the caption Risk Factors in the company's Annual Report on Form
10-K for the year ended December 31, 2004.