Press Release: On Command Corporation
September 12, 2002
DENVER, CO -- On Command Corporation (Nasdaq: ONCO) announced yesterday that four movies grossed more than $1 million
each in June, July, and August in On Command hotels. The summer's top movies were "Monsters, Inc.," "Lord
of the Rings," "Black Hawk Down," and "Spider-Man." The performance of "Spider-Man,"
which premiered August 1, set a new record for a summer feature in one month.
"On Command has a unique distribution method that allows us to have content in place and ready on exhibition
date," said Tad Walden, vice president of programming and marketing for On Command. "We were able to
offer 'Spider-Man' to virtually all of our hotel rooms on August 1. Clearly, getting fresh content out there quickly
is the key to achieving record-breaking results."
Rounding out the top ten summer movies were, in order, "Ice Age," "Panic Room," "Shallow
Hall," "Showtime," "Blade II," and "A Beautiful Mind."
About On Command
On Command Corporation ( www.oncommand.com ) annually serves more than 230
million guests through 916,000 rooms in approximately 3,440 hotel properties. These hotel properties include more
than 100 of the most prestigious hotel chains and operators in the lodging industry: Adam's Mark Hotels & Resorts,
Fairmont, Four Seasons, Hilton Hotels Corporation, Hyatt, Loews, Marriott (Courtyard, Renaissance, Fairfield Inn
and Residence Inn), Radisson, Ramada, Six Continents Hotels (Inter-Continental, Crowne Plaza and Holiday Inn),
Starwood Hotels & Resorts (Westin, Sheraton, W Hotels and Four Points), and Wyndham Hotels & Resorts. On
Command is listed on the NASDAQ Stock Market under the symbol ONCO, and its warrants are traded under the symbols
ONCOW and ONCOZ.
Certain of the above statements, other than statements relating to the historical performance of On Command, constitute
forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties, and other important factors that could cause the actual
results, performance, or achievements of On Command, or industry results, to differ materially from future results,
performance, or achievements expressed or implied by such forward-looking statements. Such risks, uncertainties
and other factors include, among others: general economic and business conditions and industry trends; the regulatory
and competitive environment of the industry in which On Command operates; uncertainties inherent in new business
strategies; new product launches and development plans, including the future profitability of such added services
and the large capital expenditures involved; rapid technological changes; the acquisition, development and/or financing
of telecommunications networks and services; the development and provision of new services, including the customer
acceptance and use rates; future financial performance, including availability, terms and deployment of capital;
the ability of vendors to deliver required equipment, software and services; availability of qualified personnel;
changes in the nature of key strategic relationships with hotel chains and their franchises, including the renewal
of existing agreements on favorable terms; and competitor responses to On Command's products and services, and
the overall market acceptance of such products and services. These factors are also discussed in On Command's filings
with the Securities and Exchange Commission, including its recent filings on Form 10-K and Form 10-Q. These forward-looking
statements (and such risks, uncertainties and other factors) speak only as of the date hereof, and On Command expressly
disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement
contained herein, to reflect any change in On Command's expectations with regard thereto, or any other changes
in events, conditions, or circumstances on which any such statement is based.
Source: On Command Corporation