Article: Pegasus Solutions to Power Online Hotel Bookings for European Corporate Travel Management System.

Business Editors

DALLAS & PARIS--(BUSINESS WIRE)--May 16, 2001

Users of KDS' Web-Based Corporate Travel Management Solution to Gain

Online Access to Corporate Negotiated Rates

Pegasus Solutions, Inc. (Nasdaq:PEGS) today announced it has signed an agreement with Paris-based KDS to provide online hotel booking capabilities to KDS' corporate clients beginning in the third quarter of 2001. KDS is a corporate travel management solutions provider and has offices in the United States, the United Kingdom and Germany. Dallas-based Pegasus Solutions is a leading provider of hotel industry transaction processing solutions and electronic commerce ...

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