Contact: Carolyn Russell, 316-932-9000, trendfx@crussellandco.com
C. Russell & Company Public Relations

Trend FX, Statability announce strategic alliance for
hotel revenue management solutions

WICHITA, Kan., Sept. 5, 2002 - Trend FX Solutions and Statability today announce that they will jointly market and support automated revenue tools for the hotel industry: Revenue Management Information System (RMIS) and RateAgent, a hotel rate shopping tool.
"Statability offers excellent web-based reporting technology for our solutions and is a proven provider in the hospitality sector," says Trend FX Chairman and co-founder Jon A. Wohlfert.
"In addition, we wanted an alliance partnership with a company that has a strong customer-friendly background," says Wohlfert. "Statability has a great reputation for this."
"Our two companies complement each other's strengths very well," says Statability co-founder Michael Goldenberg. "We share an expertise in hospitality and can offer our customers the best in revenue reporting that is easy to access and simple to interpret. We're also excited about bringing Trend FX's consulting expertise to our customers."
RMIS and RateAgent are truly affordable tools that help hotel and management companies of any size boost occupancy and revenues.
RMIS automatically compares and consolidates client hotel information from their property management system or central reservation service with local competitive information, industry trends and much more.
RateAgent incorporates rate information from the client hotel with multiple sources, including competitor hotel web sites, Global Distribution System (GDS) and non-GDS travel web sites, as well as integrates the local manual process of calling for rates.

Key benefits of the two products include:
• Easy analysis of historical occupancy and rate trends
• Knowledge of current competitive rates
• Customized extended stay components
• Integration of daily market share data
• Regional and executive consolidated reports
• Web and e-mail delivery of all reports

Under the agreement, Trend FX will provide product design, consulting and user support. Statability will provide product development, web-based reporting and technology support.
"Trend FX will continue to focus on the unique expertise we bring to each client and we will look to our partners for many of our technology tools," Wohlfert says. "This way, we can continue developing and enhancing products and relationships that best serve our customers."
Trend FX's product line includes RateAgent, RMIS, and Call Center Performance System, as well as consulting services. The company has offices in Wichita, Kan., and Memphis, Tenn. For more information about Trend FX, call (866) 487-3633, e-mail Info@trendfx.net, or visit the company's website at www.trendfx.net.
Statability provides customized web-based reporting packages for multi-unit hospitality companies. These reporting tools enable all levels of management to quickly and easily tap into their company's business results, allowing for more informed decisions to improve operations. The company has offices in Atlanta, Minneapolis and Sydney, Australia. For more information about Statability, call (952) 322-5865, e-mail Info@Statability.com, or visit the company's website at www.statability.com.

Back to News