Article: Pegasus Solutions Realigns Businesses; Bill Nicholson Named President and Chief Operating Officer, Pegasus Solutions.

DALLAS, Jan. 30 /PRNewswire/ --

Pegasus Solutions, Inc. (Nasdaq: PEGS), a leading provider of transaction processing and electronic commerce solutions to the hotel industry worldwide, today announced a reorganization of the Company, and the promotion of Joseph (Bill) Nicholson to president and chief operating officer of Pegasus Solutions.

As part of the reorganization, Pegasus is realigning into two distinct operating units. The Company's technology services, including Financial Services (hotel commission processing), TravelWeb.com, Electronic Distribution, Application Service Processing, Business Intelligence, and Property Systems & Services, will ...

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