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16 April 2002

PGI Selects Passkey

QUINCY, Mass -- Passkey, the largest processor of group reservations in North America, announced that PGI, Inc., the event and communications agency, will be adding the Passkey group reservations management and distribution system to its technology portfolio. With the selection of Passkey, PGI has significantly expanded its clients' options in Housing, Registration and Travel (PGI-HRT) services.

Greg Pesik, CEO and president of Passkey, explains, "Because Passkey is considered by our clients as the preferred industry solution - and the open standard - in providing automated group housing technology, we are confident that our inclusion in the PGI service portfolio will help them to achieve their most important goalŠoptimal customer satisfaction."

Pesik continues, "Additionally, this is a terrific strategic opportunity for Passkey, as we not only extend our expertise in the group housing arena, but also offer our full suite of leisure booking and registration tools."

PGI-HRT, a "one-stop shopping" experience for the tradeshow, convention and meetings industry, as well as for the leisure traveler, offers users access to state-of-the-art Internet-based hotel, event and travel services, as well as traditional fax, phone and mail options, 24 hours a day, 7 days a week. This 'behind-the-scenes' addition of Passkey further provides PGI event attendees with quick and efficient booking of their hotel reservations, activities, tours and conference workshops.

As the demand for greater functionality and enhanced capabilities continues to grow in all aspects relating to the meeting and convention planning process, the choice of Passkey provides PGI clients optimum internal processes, and therefore, delivers to their end users the ideal streamlined client experience.

Passkey Executive Vice President, Tim Durant, comments, "Like PGI, Passkey is committed to flexibility and enhancing the client experience. We designed our web-based housing platform to seamlessly integrate with any customer's registration, travel management or membership database system to provide a consistent, easy-to-use process that saves all parties involved time and money."

PGI Chairman and CEO, Darryl Hartley-Leonard explains, "Client satisfaction is the number one priority at PGI. Having multiple technologies to draw from allows PGI and our clients to truly customize HRT services to meet their specific needs. Now that we belong to the Passkey-enabled(SM) network, planners and CVBs currently operating on this advanced cross-platform protocol, as well as their event attendees, can enjoy PGI¹s world-class service while maintaining continuity."

Rick Dobson, senior vice president of PGI, observes, "The needs of this industry are constantly changing. PGI, as a result, continually researches and evaluates available technology solutions in order to meet, anticipate and exceed our users¹ demand for flawless service." He concludes, "Passkey¹s solid standing in the industry appealed to us from the start. By adding their technology to our service portfolio we further affirm our position as a cutting-edge leader."

About Passkey

Passkey (www.passkey.com), the industry leading ASP solution for group reservations management and distribution, provides all channels of this industry¹s planning process with better, more efficient ways to manage events. The Quincy, Massachusetts-based provider empowers users with web-based applications that provide all parties with real-time reports and updates on every facet of the planning process. Industries served include Convention and Visitors Bureaus (CVBs), Global Distribution Systems (GDS), hotels, travel agencies, associations, corporations, meetings RFP engines and registration vendors. Travel providers who are Passkey-enabled(SM) can also leverage Passkey technology to manage group housing for both city-wide and single property meetings. Passkey investors include: Lazard Technology Partners; Sabre [NYSE: TSG] (www.sabre.com); Galileo [NYSE: GLC] (www.galileo.com); Worldspan (www.worldspan.com); TravelCLICK (www.travelclick.net); DRV and McCord Group Travel Services (www.mccord.com).

About PGI

PGI, Inc. ­ the event and communications agency­ (www.pgi.com) is the only global agency offering a full host of services for destination management and event logistics, exhibition and conference management and production and communication services. The company creates more than 2,500 events annually, translating client objectives and strategic messages into qualitative experiences. Founded in 1990, the Arlington, Virginia-based company employs over 500 full-time and 2,600 on-call event and communications professionals in 32 cities worldwide.

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