Otedis Selects Lexington Services to Drive Business Worldwide

According to the three-year agreement, Otedis plans to provide its members with centrally hosted reservations technology, support, and exposure through the global distribution systems (GDS) and Internet distribution systems (IDS) via Lexington's extensive and expanding Online Distribution Network. In addition, all Lexington Services' member hotels will be added to the Otedis distribution network.

"We have been looking for a solid partner in order to provide our customers with GDS access," said Pierre Matuchet, CEO of Otedis. "We believe that we have found that in Lexington Services and are convinced that our combined service offering will help strengthen Otedis' visibility among international travel agents."

"This agreement with Otedis is an important move for us as we expand our presence in the European market," stated Stuart Hill, vice president of international development at Lexington. "Our system is particularly well suited for European independents and chain hotels who are looking to reach the global consumer. We are fully prepared to support Otedis in every possible way to ensure a mutually beneficial relationship."

Shawn Heaton, President of Lexington Services added, "The great opportunity that represents the Otedis' database of hotels is a huge added value to Lexington's portfolio in the European market." He added, "This decision is yet further confirmation of Lexington's status as a key player in Europe. We are delighted with this partnership and we are convinced that it will be of enormous mutual benefit and will significantly complement our existing offering".

About Lexington Services - Lexington Services is the largest provider of reservations and centrally hosted technology services to hotels in North America. Lexington capitalizes on the power of the travel agent global distribution systems (GDS), Internet travel portals, marketing alliances and its own call center strengths to manage and process hotel reservations electronically. Servicing more than 3,500 hotels, encompassing 28 brands in 81 countries worldwide, Lexington has corporate offices in Dallas/Las Colinas, Miami, Indianapolis, and London, and has development representative offices in Germany, the United Kingdom, Mexico, Australia, France, Spain, Italy, North Africa, and the Middle East. More information about Lexington Services is available at www.lexres.com.

About Optims/Otedis - With 5,500 customers in more than 70 countries, Optims is the European leader in Information Technology solutions dedicated to the optimisation of management methods and revenue in Hospitality, Catering and Tourism. For the past decade, Optims has been serving its clients with three complementary technologies. These include Property Management Systems (PMS), Yield Management Solutions known as Revenue Management Systems and Central Reservation Systems (CRS). Otedis, Optims' subsidiary dedicated to e-business for the Hospitality industry, is in charge of the CRS offer. This solution is made of three products : Otedis.Webres (the real time/online booking engine for web sites), Otedis.Call Center (the electronic central reservation system) and Otedis.Switch (the electronic distribution of hotel rooms on the Internet).

Initially created as an online catalogue for hotels in France, Italy and Spain, Otedis is today a virtual hotel chain made of 4,000 hotels (1,300 using the real time reservation technology). Chateaux & Hotels de France, Agil Hotels, Sofibra, Barcelo Hotels & Resorts and many independent properties are already using the Otedis technology. Otedis today proposes a unique e-distribution network. Optims issued its Initial Public Offering (IPO) on the Nouveau Marche in the Paris Stock Exchange in June 2000 (SICOVAM code: 7652). More information about Optims/Otedis is available at www.optims.com.