Press Release: LodgeNet Entertainment Corporation
April 26, 2001
SIOUX FALLS, SD -- LodgeNet Entertainment Corporation (Nasdaq: LNET), a leading provider of broadband, interactive
television services to the hospitality industry, yesterday announced it has surpassed a milestone by now serving
more than three-quarters of a million guest rooms in the United States, Canada and 13 other countries served by
international licensees.
The company's interactive television services include on-demand digital movies, music and music videos, Nintendo®
video games, high-speed Internet access, time-shifted television programming and other entertainment, information
and marketing services for hoteliers and their guests.
``Breaking through the 750,000 mark is a significant achievement for our company,'' said Scott C. Petersen, President
and CEO for LodgeNet. ``We have grown our company based on the fundamental premise of delivering the highest quality
systems and services to our customers. Surpassing the three-quarters of a million room mark is evidence of our
successful execution of that strategy. We continue to be very optimistic about our future interactive room growth
based on our solid industry reputation for quality and service and the significant demand we are seeing for our
new interactive digital system, which integrates digital technology with the power of the Internet and a satellite
distribution network.''
About LodgeNet
LodgeNet Entertainment Corporation ( http://www.lodgenet.com ) is a broadband,
interactive services provider which specializes in the delivery of interactive television and Internet access services
to the lodging industry throughout the United States and Canada as well as select international markets. These
services include on-demand movies, music and music videos, Nintendo® video games, high-speed Internet access
and other interactive television services designed to serve the needs of the lodging industry and the traveling
public. As one of the largest companies in the industry, LodgeNet provides service to more than 830,000 rooms (including
more than 750,000 interactive guest pay rooms) in more than 5,100 hotel properties. More than 250 million travelers
have access to LodgeNet systems on an annual basis. LodgeNet is listed on Nasdaq and trades under the symbol LNET.
SOURCE: LodgeNet Entertainment Corporation