Internet Travel Network Appoints Gadi Maier President and CEO

Maier, a 20-year high technology business veteran, will join the company on January 12, 1999. ITN's present CEO, Richard D.C. Whilden, will continue as chairman of the board, a role he has held since May 1996, serving as an active member of ITN's executive management.

As president and CEO, Maier will oversee worldwide operations for ITN's online travel technology business, including corporate strategy and execution, financial management, engineering and product development, marketing and sales, corporate communications and human resources. Working closely with Whilden, the ITN board of directors and ITN's senior management team that includes the company's three co-founders, Al Whaley, Dan Whaley and Bruce Yoxsimer, Maier will lead ITN's business efforts for the company's corporate travel, airline and travel supplier, consumer online travel, and travel agency market segments.

"Following an exhaustive search, we believe that Gadi's experience and expertise, which includes building and managing high growth businesses in enterprise software, Internet products and services and large corporate services, is ideal for ITN as we continue building the world's leading Internet travel technology and services company," said Whilden. "Moving forward, Gadi's operational knowledge and proven record of strong performance will help position ITN for substantial growth and success."

"ITN's focus on business-to-business e-commerce in the Web-based travel reservations category presented me with an exciting and dynamic opportunity," said Maier. "I am pleased by the confidence placed in me by the ITN Board and look forward to helping the company continue its impressive track record of growth and technological innovation."

Maier joins ITN from Redwood City, Calif.-based Memco Software, where he served as CEO. While at Memco, Maier developed the business strategy credited with tripling the company's sales and public valuation. Acquired by Platinum Technology in late 1998, Memco is a leading provider of security technology and Unix and NT operating system security software.

Prior to Memco, Maier served as vice president and general manager for Cisco Systems, heading the company's 350-person, $100+ million Internet Business Unit. Prior to this, Maier for eight years worked with Oracle Corporation, initially as founder of Oracle Japan, later as vice president and general manager of Oracle's New Technologies Group and, in his most recent role at the company, vice president of Oracle's Worldwide Sales for the Network Computer Division.

About ITN

Internet Travel Network brings travel-booking capabilities to more than 150 separate companies around the world, including United Airlines, Texas Instruments, NationsBank, Verifone, The World Bank, Silicon Graphics, Procter & Gamble, Rough Guides, CNN Interactive and Rand McNally.

ITN's consumer, corporate and leisure travel booking solutions are the most widely used on the Internet, with the vast majority of online travel sites utilizing Internet Travel Network services for superior performance, ease of use, and flexible implementation of travel reservation services. Listed as one of ten electronic commerce companies named "Investors' Choice" at the Technologic Partners Internet Outlook Conference in San Francisco in September 1998, Internet Travel Network provides complete travel reservations capabilities, including flight schedules and fares, car rentals, hotels and vacation tours to corporate and leisure travelers via the Internet. For information, check in at ITN's Web site, www.itn.net/.