Leading Tour Operator Cites Revenue Potential for Distribution Decision

Pegasus Solutions, Inc. has signed an agreement to provide UltraDirect distribution services to Kuoni Travel Ltd., the largest travel company in Switzerland and one of the world�s leading tour operators. Use of UltraDirect, which was also tapped last year by Kuoni Destination Management, will place Kuoni in a position to grow revenue by offering dynamic packaging to its global portfolio of online shoppers.

Specializing in luxury and tailor-made holidays, Kuoni offers vacations to more than 95 destinations worldwide including escorted tours, safaris, cruises, train journeys, fly-drive, multi-center, group holidays and hotel-based holidays � all of which present opportunities for dynamic packaging, according to Tore Wick, vice president of business development for Pegasus.

�UltraDirect will allow Kuoni to integrate bookings with other services or data sources while also providing complete control of their Web site�s front end,� said Wick. �This means the company can work with any of their hotels or agents to easily and efficiently source and offer the complete experience and add-ons travelers are looking for, breaking through barriers of coordinating access and availability.�

UltraDirect will provide Kuoni�s direct connections to hotel central reservation systems (CRS) through the Pegasus Switch, providing real-time access to CRS information. The technology also enables fast, immediate confirmation of booking and cancellation requests, and secure access to negotiated rates.

�With this offering from Pegasus, we give our customers additional product choices and continue to deliver the quality our customers expect,� said Bojan Jokic, CIO of the Kuoni Group.

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About Kuoni Travel Ltd. Zurich-based Kuoni Travel Holding Ltd. is one of Europe�s leading tourist travel corporations. Since its founding in 1906 by Alfred Kuoni, the company has steadily and systematically developed a strong position in the world travel market, today operating in over 40 countries, and employing more than 10�000 employees. For more information, visit www.kuoni.com.

About Pegasus Pegasus Solutions, Inc. introduced the hotel switch 20 years ago, and has since maintained a solid position as the 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 90,000 hotel properties around the globe. The company provides central reservation systems, electronic distribution services, commission processing and payment services, and marketing representation services, including the consumer Web site, www.hotelbook.com�. Its representation services, including Utell� Hotels & Resorts and Unirez by Pegasus�, are used by nearly 11,000 member hotels in more than 130 countries, making Pegasus the hotel industry�s largest third-party marketing, sales and reservations provider. Pegasus has 18 offices in 11 countries, including regional hubs in London, Singapore and Scottsdale, Arizona. For more information, please visit www.pegs.com or www.utell.com.

For further information, please contact: Mandy Murphy (N�e Zakhour) +44 (0) 20 8490 4877 Mandy.Murphy@pegs.com