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 11 December 2002
Optims and eRevMax.Inc Sign A Partnership Agreement For The Distribution Of The Market Intelligence Web Tool 'Rate Tiger'.
 Optims S.A. (Evry, France), the European leader in Revenue Management and IT enabling solutions dedicated to the hospitality, catering, tourism and transport industries announces an alliance with eRevmax.Inc. the providers of Rate Tiger.
Rate Tiger is a market intelligence web tool, which allows users to compare their competitors pricing strategies, sourced from numerous and disparate web sites. Some sites providing seamless GDS rate data, some representing CRS rate data and some that represent the multitude of wholesale web channels. Managing and controlling various source of business has become increasingly difficult and time consuming in the hospitality and tourism industries. "We have been looking for a suitable product, which meets our client needs and, with Rate Tiger (the only online real time internet shopping tool), we have found a quality well made product, which provides accurate competitive data from various sales channels fast and on a consistent basis," explains Bruno des Fontaines, Vice-President Sales & Marketing RMS of Optims.
Already operating in 10 countries around the world, Rate Tiger provides a level of market intelligence not seen before. Revenue Managers drive the product that is totally geared towards the most efficient use of this market data. Reports are presented to the user in an easy to understand format, which provides the users with significant strategic information for their revenue maximization and other operational planning. "It's a perfect tool to save time and make money. That's why it compliments the Optims range of products and meets the needs of the hospitality industry", adds Bruno des Fontaines.
"We are extremely happy to be working with Optims, as we see a tremendous synergy between our two companies corporate objectives," explains Andrew Morsi, Co-CEO of eRevmax,Inc.
The synergies between the two companies include Rate Tiger being able to use Optims well established network and international distribution channels. Optims also now has the ability to integrate the industries most accurate and reliable rate tool in their Yield Management system, City.View, to provide unparalleled and ground breaking options to their Yield Management consumer base.
About eRevmax,Inc. - The company eRevmax,Inc. has been founded in 2001 by Mr. Andrew Morsi and Mr. Reuel Ghosh to meet a growing demand within the field of Revenue Management for corporate systems, control and better manage the variables that will increase their revenue per available room (RevPAR). In a short period of time, eRevMax, Inc. has created an industry leading rate tool in-terms of the performance and quality of rate information, as well as the levels of customer support. Rate Tiger is a market intelligence web tool, which allows the subscribers to compare their competitive market pricing strategies in real time and from a different sources of buiness. For any further information, please visit : www.ratetiger.com.
About Optims - Optims develops and implements Information Technology solutions dedicated to optimising management methods and revenues. For the past decade, Optims has been serving the Hospitality, Tourism, Catering, Transport and Travel industries with three complementary technologies. These include Property Management Systems (PMS) ; Yield Management Solutions known as Revenue Management Systems ; and Central Reservation Systems (CRS). Optims is now the leading European developer of IT solutions for the Hospitality market. The Company has over 5,500 customers in more than 70 countries, with over 400 installations of its Revenue Management Solutions worldwide. Among Optims' prestigious clients are Accor, Le Meridien, Thistle, Boscolo, Fram, Nouvelles Frontieres, Radisson SAS and Savoy Group. Optims issued its Initial Public Offering (IPO) on the Nouveau Marché in the Paris Stock Exchange in June 2000 (SICOVAM code: 7652). For any further information, please visit : www.optims.com.
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Laurence Schirato
Phone: + 33 (0) 1 69 47 62 22
Email: lschirato@optims.com
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