Optims Announces A Major Contract With Le Méridien For The Supply Of City.Optims

Optims UK Ltd, .a wholly owned subsidiary of Optims SA, has signed a contract to supply City.Optims, a multi property revenue management system, to Le Méridien Hotels & Resorts. Initially the system will be installed in the 32 Le Méridien owned hotels and then will be rolled out to managed properties within the group.

City.Optims is the only true multi property revenue management system available today that includes global reporting, multi currency handling and multi property revenue forecasting and optimisation. City.Optims will be integrated with the Newmarket Delphi Sales and Catering system and the Opera Property Management System.

Bruno des Fontaines, VP Sales and Marketing Optims RMS said: "We are delighted to have been chosen for this project and we have had to fight off fierce competition for the contract. We truly believe City.Optims will provide Le Méridien with a modern business tool that will deliver high quality business information to enable managers to make better strategic rate decisions and ultimately deliver more profit".

Jim Lamb, Le Méridien CIO, said: "We have spent over a year analysing the various RMS options available and are confident in our selection of Optims as the company whose products and services best meet the needs of Le Méridien".

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 (RMS) ; and Central Reservation Systems (CRS). Optims is now the leading European developer of IT solutions for the Hospitality market. The Company has over 6000 customers in more than 55 countries, with over 600 installations of its Revenue Management Solutions worldwide. Among Optims' prestigious clients are Accor, Le Méridien, 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).

About Le Méridien - London-based Le Méridien is a global hotel group with a portfolio of over 135 luxury and upscale hotels (36,000 rooms) in 56 countries worldwide. The majority of its properties are located in the world's top cities and resorts throughout Europe, the Americas, Asia Pacific, Africa and the Middle East. The company also enjoys a strategic alliance with JALowned Nikko Hotels, providing loyal guests access to an additional 45 properties around the world.