Chicago (July 10, 2002) -- TravelCLICK, the leading provider of enabling tools that help hotels maximize revenue from electronic channels, today announced RateVIEW, a new product to be released in the fall of this year.  

RateVIEW will provide individual hotels and hotel chains with a close-in competitive rate monitoring capability for both the GDS and Internet electronic distribution channels.  This information can then be used in concert with TravelCLICK's existing PHASER product, which provides highly detailed rate comparison data over a longer time horizon. 

"TravelCLICK was the first to recognize and then pioneer the creation of actionable market intelligence tools for hotels back in 1995," said Ray Cohen, president and co-CEO of TravelCLICK.  "Today, some seven years later, over 5,000 hotels around the world use these tools and take advantage of support and advice from our local sales consultants." 

"With the dramatic growth of consumer online hotel bookings, as well as the continuing importance of Travel Agent bookings made through the GDS, more tools are needed to help our clients optimize revenue in the electronic marketplace," added Cohen.  "To this end, RateVIEW is one of several such new tools that we will be introducing during the coming months." 

TravelCLICK has been co-developing its RateVIEW technology with AgentWare, the creator of Travel ConsoleTM, the leading web fare search tool for travel agents.  "AgentWare is pleased to be working with TravelCLICK, the industry leader serving the competitive intelligence needs of the hospitality industry, to provide this valuable service.  AgentWare's technology will provide RateVIEW with a superior way to dynamically access and aggregate close-in rate information from numerous sources in a cost effective manner," said Les Ottolenghi, president and CEO of AgentWare.  

Technology available through TravelCLICK's new Electronic Marketing Centre ("EMC") for hotel properties will then enable this rate information to be manipulated, viewed in a variety of formats, and archived for historical purposes.

Among the key features of RateVIEW:

• Subscribers will be able to access and view rates on all major electronic distribution channels. 
• Subscribers will be able to dynamically compare wholesaler Internet rates with a hotel's own rate (CRS) on a site-by-site basis. 
• Web-enabled, reports can be generated on demand. 
• The TravelCLICK sales consultant team will provide full support for RateVIEW, working with subscribers to maximize the use of the product.

• Request data by multiple lengths of stay.
• Isolate rates for a specific number of guests.
• Pick a specific period of interest as the start date of the reporting period.
• Search by rate category.

Hotels that currently subscribe to TravelCLICK's PHASER product will have preferred pricing and availability for the introduction of RateVIEW.  For more information, call TravelCLICK toll-free at 866-674-4553 or visit www.travelclick.net to connect with your local TravelCLICK expert.

About TravelCLICK

TravelCLICK (www.travelclick.net) is the leading provider of digital media and data solutions to the worldwide travel industry. The company's products and consultants help hotels and other travel industry suppliers improve profits through electronic distribution channels. TravelCLICK's exclusive electronic marketing networks allow hotels and other travel related suppliers to target promotional messages to specific travel agents, consumers, and group meeting planners when they are booking travel. The company's competitive benchmarking reports provide hotels with price and booking performance information unavailable through any other source. Established in 1996 and headquartered in the Chicago area, TravelCLICK operates in more than 140 countries around the world. The company has over 6,000 clients, including national and international companies such as Accor, Air France, Avis, Best Western International, British Airways, Choice Hotels, Fairmont Hotels & Resorts, Four Seasons Hotels & Resorts, Hilton Hotels Corporation, Hyatt Hotels & Resorts, Kempinski Hotels & Resorts, Leading Hotels of the World, Loews Hotels, Lufthansa, Marriott International, The Peninsula Group, Radisson, The Ritz-Carlton Hotel Company, SAS, The Savoy Group, Shangri-La Hotels, Sol Melia, Starwood Hotels & Resorts, Thistle Hotels, USAirways, Virgin Atlantic and Wyndham Hotels & Resorts.

About AgentWare

Based in Atlanta, GA, AgentWare is a privately held software company that provides products and solutions to the travel and hospitality industries. AgentWare delivers unique applications by applying patent-pending technology framework, AgentWare Syndicator(tm), to various industry problems. AgentWare's Travel Console(tm) demonstrates the composite application capabilities of Syndicator technology by integrating HTML with XML and Web services to deliver a comprehensive view of Internet-based information and data to travel retailers. For more information on AgentWare, visit www.agentware.net <http://www.agentware.net/>.