29 August 2007

HotelsValued.com has implemented Multimap's industry-leading Location Map service to help boost the conversion ratio of lookers to bookers

Multimap, one of the world's leading online mapping and location-based services providers, today unveils the implementation of its Location Map service for HotelsValued.com, a popular online booking website for discount hotels, at TDS Shanghai (29th and 30th August, 2007). Multimap was selected as HotelsValued.com's mapping partner on the basis of the quality and breadth of its street-level coverage worldwide, the top-notch customer service for which it is world-famous, and the transparency of its pricing model. The site enhancement is expected to significantly boost the conversion ratio of looker to bookers, by giving prospects the location information they need to make a decision about the suitability of a hotel.

Commenting on the implementation, John Liu, Director, Hotelsvalued.com, said: "We decided to join forces with Multimap on the basis of its proven record with successful implementations of online mapping solutions for many high-profile global sites, on time and to budget. Thanks to its partnership with the highest-quality mapping data providers by geography and by region around the world, its coverage is second to none. And we are delighted with our choice! Feedback from our customers is that they find the service extremely useful."

In addition to the most recent implementation of Multimap's Location Map service for a Chinese company, Multimap will be showcasing its recently-launched API and other industry-leading services, at booth 3 at the Travel Distribution Conference in the Hilton Hotel, Shanghai, China, on the 29th and 30th August, 2007. Chris Warrick, Managing Director of Multimap Australasia, will be participating in a panel discussion entitled, 'E-Commerce in the Chinese Market', from 2:30 to 3:30pm in the International Track, on Wednesday, 29th August. Focusing on the challenges associated with the management and integration of multilingual data in an online environment, Chris will be joined by the Managing Director of Multimap's Chinese data partner and reseller, MapABC, Michael Tang.

In order to view a detailed, interactive map, pinpointing the exact location of a hotel of interest, visitors to www.hotelsvalued.com enter a location or postcode, choose a hotel of interest from the list delivered, and click on the Location Map link. The map delivered also marks nearby points of interest, such as shopping centers, hotels and train stations, to facilitate the decision-making process.

Chris Warrick, Managing Director of Multimap Australasia, commented "In the travel industry, location is key when people are researching a trip. They expect to be able to see exactly where a hotel or resort is as well as the key attractions around it, e.g., the beach or city center. Our maps deliver this information quickly and in a visually-appealing, easy-to-digest way, to make it as easy as possible for people to make a well-informed decision without having to rely just on text written by the hotel. We are pleased to offer such a useful and time-saving service to Hotelsvalued.com's customers worldwide and we are delighted to have such an innovative and fast-growing company as a client".

About Multimap

Multimap is one of the world's leading providers of mapping and location-based services. The company delivers more online maps, point-to-point driving directions and geo-spatial ("where's my nearest?") searches to more companies than any other supplier in Europe. All services are offered on multiple platforms including mobile, PDA, and now via our highly-functional API (Application Programming Interface).

The public website, www.multimap.com, provides a range of free, useful services to assist with everyday life. Key features include street-level maps of Europe, USA, Canada, New Zealand, Australia and countries in Asia; road maps of the world; door-to-door travel directions; aerial photographs; links to location information; and services such as hotel, restaurant and entertainment booking. The public site attracts over 10 million unique users globally.

About HotelsValued.com

Hotelsvalued.com aims to be the leading online hotel booking website. In cooperation with Pegasus Solutions, Inc. (Nasdaq: PEGS), the hotel industry's largest global provider of hotel reservations-related services and technology, hotelsvalued.com is able to give travellers a fast, easy way to reserve quality hotel rooms at heavily discounted rates. Hotelsvalued.com provides access to 55,000 hotels worldwide, giving real time information and instant confirmation following a successful booking.

Hotelsvalued.com is dedicated to providing all the necessary information for customers to plan their leisure or business trips and their customer service department is dedicated to giving them the best service and a timely reply to any questions or enquiries.