IDS is an Asian software company providing holistic solutions for the hotel and leisure segments of the hospitality industry. IDS has over the years focussed solely on the hotel industry and has been able to improve and fine tune the software as well as the service to meet the stringent demands of the hotel industry, said Stefan Director of IDS.

Fortune V handles total operations like reservation, registration, billing, checkouts, guest history, financial accounting, food and beverage management and point of sales billing, inventory and purchase, payroll and personnel.

Speaking on the occasion, Allen Tuladhar, CEO of USNET said that the new product would be marketed by USNET, and hardware would be supported by Computer Advanced Systems(CAS). Tuladhar also spoke about the objectives and achievements of USNET.

According to Stefan, Fortune V has an in-built Management Information System (MIS) for instant information retrieval. The Fortune V label includes the Windows NT version, the IBM AS/400 version and the Novell Netware version. Natural extensions to Fortune V comprise a central reservation system, history purchase system, central accounting system and central guest history system.