Marriott Selected by CIO Magazine As One of Top 100 Companies to Excel in the 21st Century

WASHINGTON, Aug. 26 / CIO magazine has named Marriott International, Inc. MAR as a recipient of the 1999 CIO-100 award. Now in its twelfth year, the CIO-100 award program recognizes organizations around the world that, according to CIO magazine, exemplify the highest level of operational and strategic excellence. The magazine says that this year's CIO- 100 awards focus on survival and success in the new millennium, and that the winners have the strategy, ability and drive to prosper well into the next century.

"Marriott is honored to be among the distinguished companies recognized by

the CIO-100," said William J. Shaw, Marriott's president and chief operating officer. "This recognition by experts affirms that Marriott International is using technology effectively and in innovative ways to gain competitive advantage in the hospitality industry."

The winners of this year's CIO-100 award were selected through a three- step process. First, a panel of 18 distinguished academicians, consultants and analysts nominated the companies they felt best fit their criteria for being well positioned to succeed beyond 2000. Then, CIO magazine staff conducted extensive research on the 151 nominees via the Web and other sources. Finally, a team of CIO editors and writers voted on the 100 companies they felt best met the requirements.

Complete coverage of the 1999 CIO-100 awards is featured in the August 15 issue of CIO and at .

MARRIOTT INTERNATIONAL, INC. is a leading worldwide hospitality company with over 1,900 operating units in the United States and 55 other countries and territories. Marriott Lodging operates and franchises hotels under the Marriott, Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership (timeshare) resorts under the Marriott and Horizons brands, and provides furnished corporate housing through its ExecuStay by Marriott division. Other Marriott businesses include senior living communities and services, wholesale food distribution, and procurement services. The company is headquartered in Washington, D.C. and has approximately 140,000 employees. In fiscal year 1998, Marriott International reported total sales of $8.0 billion.

Tom Marder
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