David Millili New Pegasus Chief Executive Officer

New York (USA) – 9 June 2012 – Pegasus Solutions has named chief web officer, David Millili, to chief executive officer, effective immediately. Millili will succeed Mike Kistner, who will be leaving the company.

“We are pleased to welcome David as the new leader of Pegasus Solutions, and look forward to the impact his fresh perspective on the hospitality business will bring to this role,” said James L. Fox, chairman of the Board of Directors for Pegasus Solutions. “David has rolled up his sleeves to drive innovation and results for our hotel clients since coming to Pegasus when we acquired Open Hospitality, a hospitality web services company he founded and built through his fortitude, hands-on experience and dedication.”

Previously, Millili served in dual roles as chief web officer of Pegasus Solutions and chief executive officer of Open Hospitality, a division of Pegasus. With more than 20 years of hospitality experience, Millili maintains a practical understanding of all aspects of hotel operations and management, based in part on his time as a hotel general manager.

“I am both honored and eager to serve Pegasus Solutions and its clients as CEO,” added Millili. “This company has been providing innovative solutions that make doing business for hotels easier and more effective for nearly 25 years. The promise that new markets and channels bring – from mobile and social media to China and India – offer us the opportunity to continue in our foundational role facilitating the business of marketing and selling hotels.”

Millili will be based in Pegasus’ Open Hospitality New York office.

About Pegasus Solutions
Pegasus Solutions is the world’s lead provider of technology and services to hotels and travel distributors, serving nearly 100,000 hotels around the globe, and the majority of the world’s travel agencies. Offering award-winning solutions for booking, distribution, and commission processing services, Pegasus also offers a full array of strategic online marketing solutions and accommodation booking options through its Open Hospitality division. The company also delivers hotel marketing representation services through Utell® Hotels & Resorts, and powers the niche consumer website www.hotelbook.com™, which is dedicated to promoting independent and boutique hotels worldwide. Through its widely followed monthly data report The Pegasus View, Pegasus is also recognized as the only hospitality company to report regularly on both business and leisure bookings, for which it was awarded a Stevie Award in 2011.

Media Contact:
Ariel Herr
+1 (214) 890-7912
aherr@fortepr.com