Pegasus Solutions Hires Industry Veteran Robert S. Bennett Bennett Named to HFTP International Hall of Fame

Pegasus Solutions, Inc. (Nasdaq: PEGS) today announced Robert S. Bennett has joined the company as senior vice president of hotel transaction services and will be based in Pegasus’ headquarters in Dallas. Bringing with him more than 25 years of experience in the technology arena within the domestic and international hospitality communities, Bennett is charged with developing, directing and launching Pegasus’ Web-based property technology ASP initiatives. Pegasus Solutions is a leading worldwide provider of hotel industry reservations transaction processing and electronic commerce services and will now be expanding these transaction services to include a full suite of hotel property management applications.

Bennett’s significant contribution to the field of hospitality technology is being recognized by the hotel industry on June 21 at the Hospitality Industry Technology Exposition and Conference (HITEC) 2000 in Dallas. Bennett will be honored as the newest inductee into the Hospitality Financial and Technology Professionals (HFTP) International Hospitality Hall of Fame, the hospitality industry’s highest level of recognition in the area of technology.

“For years, I have consulted with hoteliers on selecting the right technological fit and helped technology providers, including Pegasus, with shaping their offerings. Joining Pegasus is a prime opportunity for me to take my skill sets and knowledge and apply them to the fullest at a world-renowned organization,” Bennett said. “The hotel industry is ripe for Web-based property-level technology and software, and Pegasus has the technology backbone, market penetration and industry knowledge to bring the hotel industry to this next level. Needless to say, I am very pleased to be a part of the team that will contribute to Pegasus’ expansion and ultimately impact the industry’s technological environment.”

Most recently, Bennett worked at PricewaterhouseCoopers in Falls Church, Va., where he directed the company’s hospitality and leisure management consulting services. His group was responsible for advising hospitality owners, managers and technology vendors on strategic planning, technology trends, IT organizational management, application product selection and program office procedures.

“I’ve had the privilege of working with Bob for more than a decade. Bob was involved in the original conceptual design of The Hotel Industry Switch Company (THISCO), which served as the foundation of Pegasus,” said Bill Nicholson, executive vice president of Pegasus Solutions and chief operating officer of the Pegasus Technology Group. “Bob is held in high esteem by the industry, and it is a coup for Pegasus and our customers to have him as a full-time member of our team.”

Bennett’s career also includes serving in senior management positions in the area of technology with MICROS-Fidelio Inc.; Marriott International, Inc.; and Hilton International Co.

Bennett is a founding member and currently vice-chairman of the American Hotel and Motel Association Technology Committee. He also is a frequent speaker and member of the advisory board for the HITEC conference, which is presented by the Hospitality Financial and Technology Professionals (HFTP) organization. He has contributed to several industry publications’ editorial focused on the use of technology and served on editorial advisory boards for trade journals.

Bennett received a bachelor of science degree in hotel administration from Cornell University in Ithaca, New York. He also completed the Marriott Executive Management Seminars, developed by the University of Maryland Business School.

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This statement contains references to future events and results, including anticipated transactions involving and services to be offered by Pegasus Solutions. These statements are forward-looking statements regarding future events and the future financial performance of the company and no assurances can be made regarding their eventual occurrence. Actual occurrences and results may differ substantially and materially from those projected as a result of risks and uncertainties detailed in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 1999, and its Registration Statement Form S-4 (File No.333-92685) filed on December 14, 1999, as amended.

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1 Travel Management Convention Daily, “Top 25 U.S. Agencies,” July 18, 1999

2 Business Travel News, May 31, 1999