COLUMBIA, Md., Oct. 12 / The Grand Hyatt Shanghai, owned by China Jin Mao Group Company Limited, became the first hotel in the world to deploy the jointly developed Credit Card Processing System-Payment Gateway (PG), known as Bank of China's Bank Merchant POS (BMP). MICROS-Fidelio Asia/Pacific, a subsidiary of MICROS Systems, Inc. MCRS, formed an alliance with Bank of China, headquartered in Beijing, People's Republic of China, earlier this year to enhance credit card processing in China.

The newly-formed strategic alliance will provide value-added service to hotels and merchants through a B2B, e-commerce environment. PG/BMP enhances guests' check-in and check-out times and dramatically streamlines hotels and merchant operations, thus resulting in significant cost savings.

Mr. Wang Bao Chen, Chairman and President of the China Jin Mao Group Co. Ltd., said: "China Jin Mao Group Company Limited has traditionally been on the forefront of setting new standards in many areas, including hospitality. With the construction of the Grand Hyatt Shanghai, we set new standards for five- star hospitality, not only in China but the whole of Asia/Pacific. Introducing Bank of China's PG/BMP solution creates another first for Asia/Pacific's hospitality industry. It enhances guest service and credit card administration resulting in a substantially more efficient operation and an improved turn around for remittance of credit card revenue to the organization. It confirms our choice of MICROS-Fidelio as technology vendor and Bank of China as credit card processing vendor. China Jin Mao Group Company Limited is proud to be the first hotel in the world to introduce such an advanced credit card processing system, which also confirms that the People's Republic of China is now on the forefront of technology deployment in the hospitality industry."

Edward Tai, General Manager of The Grand Hyatt Shanghai, added: "Hyatt International has developed the Grand Hyatt Shanghai as the premier luxury hotel of the People's Republic of China with the backing of China Jin Mao Group Company Limited. We have been one of the first Hyatt International Corporate properties in Asia/Pacific to introduce the full suite of MICROS- Fidelio products and the addition of PG/BMP solution has not only a very positive impact on guest service but also on our back-of-house operations. Workload for credit card processing was reduced dramatically while remittances from Bank of China are now made substantially faster due to the automated processing. This is clearly a win-win situation for our own company, the Grand Hyatt Shanghai, our valued customers, and our employees. Hyatt International has always been on the forefront of product enhancement and we are very pleased to be the inaugural PG/BMP site for Bank of China and MICROS-Fidelio."

Peter Zhang, General Manager, Bank of China, Retail Banking Department stated, "Bank of China, the pioneer in the credit card industry in China, has been creating a customer-driven corporate culture which is in conformity with our mission statement to meet the needs of our clients. In line with this, Bank of China and MICROS-Fidelio have worked together and developed a BMP System, which integrates the MICROS-Fidelio system into the credit card processing system of Bank of China. BMP System, a technological enhancement of the hotel's system and the bank's credit card processing system, will increase the usage rate of the previous EDC system, streamline the hotel's current procedure of accepting credit cards, and greatly simplify the check-out time for customers, which embodies our customer-driven corporate culture. This effort between Bank of China and MICROS-Fidelio, a cooperation between two leaders in different industries, will be of great significance in promoting the development of credit card business in China. China Jin Mao Group Company Limited and Bank of China traditionally have had a very good relationship and we are grateful that we had the opportunity to launch the BMP system with the prestigious Grand Hyatt Shanghai. We would like to thank and congratulate China Jin Mao Group Company Limited and Hyatt International Corporate on this significant achievement."

Stefan M. Piringer, President, MICROS-Fidelio Asia/Pacific added, "MICROS- Fidelio Asia/Pacific is very pleased that the jointly-developed BMP system achieved and exceeded all targets and expectations by all stakeholders in this venture: the owner, China Jin Mao Group Company Limited, the hotel operator, Hyatt International Corporate, the customers and staff of the Grand Hyatt Shanghai, and our partner in this development, Bank of China. On behalf of MICROS, I would like to take this opportunity to thank all of the team members of the BMP project and in particular our lead customer – The Grand Hyatt Shanghai and China Jin Mao Group Company Limited-for supporting the BMP project and becoming the first hotel in the world to introduce this e-business solution for credit card processing. We strongly believe that this event will become a significant milestone for the People's Republic of China's credit card business development."

About China Jin Mao Group Company Limited

China Jin Mao Group Company Limited is comprised of trading companies from Shanghai and Beijing. Jin Mao means "much gold" in Chinese. As the owners of the Jin Mao Building, the goal was to bring the latest in intelligent building systems to China. The skyscraper is one of the largest buildings ever to use vertical and horizontal copper and fiber-optic cable highway to integrate computer controlled building automation system, fire and life safety systems and communications. The design of the building synthesized contemporary building technology and Chinese culture. The design was based on architecture of Chinese pagodas, which were regarded as gathering places, as well as designed around the number eight, which the Chinese consider fortuitous. Jin Mao Tower is a first of its kind for China, providing high comfort and low energy use. The Jin Mao Tower follows a multi-use paradigm, offering retail at its base, offices above, and the Grand Hyatt's World's Highest Hotel occupying the upper 38 floors.

About Hyatt International Corporate

There are 198 Hyatt Hotels and Resorts around the world. Hyatt International, through its subsidiaries, operates 59 hotels and 21 resorts in 37 countries with an additional 23 hotels under development. Hyatt Corporation, a separate company, operates 118 hotels and resorts in the United States, Canada and the Caribbean. Reservations or information for any Hyatt Hotel worldwide can be obtained by calling your local Hyatt Hotel, Worldwide Sales Office or your travel planner. Hyatt is accessible on the Internet at www.hyatt.com . For the latest news on Hyatt Hotels & Resorts, visit our Press Room at .

About Bank of China

Bank of China, one of Fortune magazine's global 500 enterprises for 11 years, with 88 years of history, has been playing an important role in China's economic, financial and social development, in particular in the growth of China's foreign trade and the exchanges with international financial circle. Bank of China is the first bank in China to introduce credit cards. Great Wall Credit Card, the first credit card issued in China by Bank of China, now has more than 17.7 million cardholders, more than 71,900 merchants and with more than RMB10.4 billion annual direct-consuming volumes. Bank of China is the only bank in China that has the Green Grade treatment for both Visa® International and MasterCard® International as well as the only bank in China that can provide cash withdrawal service for all cardholders of Cirrus®, Maestro®, Plus®, American Express® and JCB® cards from the Bank of China's ATM machines.

For more information about Bank of China and its services, please visit the Bank of China's website at .

About MICROS Systems MICROS Systems, Inc. provides enterprise applications for the hospitality industry worldwide. Over 120,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos, and leisure and entertainment operations in more than 130 countries. MICROS provides property management systems and central reservation and customer information solutions under the brand MICROS-Fidelio for more than 10,000 hotels worldwide. MICROS stock is traded through NASDAQ under the symbol MCRS.

For more information on MICROS and its advanced information technology solutions for the hospitality industry, please contact Louise J. Casamento, Manager, Marketing Communications at 443-285-8144 or 800-638-0985 (US and Canada only), Kevin King, Country Manager, China, at 86-21-6354-5838. You can also visit the MICROS website at www.micros.com or send an email to [email protected].

The MICROS logo is a registered trademark of MICROS Systems, Inc. All other product and brand names are the property of their respective owners.

Louise J. Casamento
Director Of Marketing
Oracle Hospitality