Utell Appoints Christine Tan New Vice President in Asia-Pacific

Utell Ltd. announced the appointment of Christine Tan to the position of vice president of hotel services for the Asia-Pacific (ASPAC) region. Tan will be based in Utell's Singapore office. Headquartered in London, Utell is the world's largest hotel representation company(1) and is a subsidiary of Dallas-based Pegasus Solutions, Inc. (Nasdaq: PEGS), a leading provider of hotel reservations-related services and technology.

Tan brings more than 14 years of experience in central reservation operations, sales and marketing, e-channels distribution and revenue management. Tan is charged with overseeing the hotel services division for ASPAC and building the company's presence in the region, as well as working to ensure Utell's 500 member hotels in the ASPAC region obtain maximum value from Utell's services.

Tan recently served as director of member development in Utell's Los Angeles office, where she was responsible for attracting, qualifying and acquiring new hotel members in North America. Prior to joining Utell, Tan was the founder and managing director of Hospitality Consulting, an independent consulting network that focuses on e-business, revenue management, sales and marketing research, education and advisory services for the hospitality industry. Tan was formerly a senior vice president and partner at The HEMS Group, a hospitality consulting company focused on a proprietary revenue management process. She also served as director of international reservation systems for ANA Hotels International, a division of All Nippon Airways Co. Ltd.

"We are proud to promote Christine Tan to our most senior executive position in the Asia-Pacific region," said Kass Kassum, senior vice president of hotel services for Utell. "Christine's background in marketing and electronic distribution, as well as her skills with revenue and yield management, will greatly assist her in continuing to strengthen Utell's relationships with its hotel members in Asia-Pacific."

"Asia Pacific is an important high growth region for Utell," said Tan. "We need to work closely with our member hotels to ensure they understand and practice good business and revenue management processes during these tough economic times. Accordingly, over the next few months, we intend to launch new training programs, a new hotel rate strategy and revenue maximization initiatives that will help drive more revenues to our hotels. With our 'same hotel sales' reservations numbers in Asia during the third quarter of 2002 up 10 percent over the same period last year, Utell remains a leader in the Asian travel industry, and I look forward to helping the Company continue to achieve success in this region."