Press Release: MICROS Systems, Inc.
March 7, 2001
COLUMBIA, MD -- OPUS 2 Revenue Technologies, a wholly owned subsidiary of MICROS Systems, Inc. (Nasdaq: MCRS),
has completed the development of a new Enterprise Revenue Management System which will be installed on a global
basis for Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT). Starwood properties include the Sheraton,
Westin, St. Regis, The Luxury Collection, W and Four Points by Sheraton brands. The TopLine PROPHET Enterprise
Revenue Management System, a major module of the OPERA Enterprise Solution, has been beta-tested at several of
Starwood's North American properties and is scheduled for a company-wide rollout starting immediately. Among the
first properties to utilize the new system will be the W San Francisco, the Sheraton Bal Harbour, The Westin Peachtree
Plaza in Atlanta and The Westin Horton Plaza in San Diego.
OPUS 2's TopLine PROPHET Enterprise Management System represents the highest level of technology in today's hospitality
marketplace. Its client- server system provides centralized yield management over the Internet, Local Area Networks
(LANs) and Wide Area Networks (WANs), allowing data for multiple hotels to exist in a single database. All updates
are automatically distributed from the central server, minimizing the support needed for client workstations.
``When we began working with Starwood on the development of TopLine PROPHET Enterprise, we had an ambitious vision
of what this system could do for a global hotel company,'' said Charles R. Clack, CEO of OPUS 2. ``By working closely
with executives at Starwood, we have gone far beyond our original concept and now have a system that provides an
outstanding centralized solution for maximizing revenues from both transient and group travel markets.''
Eric Orkin, President and co-founder of OPUS 2, explained, ``This system is based on a sophisticated scalable architecture
that gives our product tremendous flexibility and power. TopLine PROPHET Enterprise runs on any platform that supports
Java(TM), including Windows®, MacOS, Linux and Sun Solaris(TM). This system also automatically distributes
updates to client software, effortlessly keeping all workstations within Starwood's worldwide operations up-to-date
on the latest release. TopLine PROPHET Enterprise can grow right along with Starwood's global expansion.''
Ed Netzhammer, Starwood's vice president of global revenue management stated, ``Starwood has always been committed
to providing the best operations' systems for all of our properties around the world. We had many sophisticated
requirements for our new revenue management system, and we worked in conjunction with OPUS 2 to develop an excellent
product. We look forward to having TopLine PROPHET Enterprise installed in more than 200 of our properties by year's
end.''
About Starwood Hotels & Resorts
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) is one of the leading hotel and leisure companies in
the world with more than 725 properties in 80 countries and 120,000 employees at its owned and managed properties.
With internationally renowned brands, Starwood is a fully integrated owner, operator and franchiser of hotels and
resorts including: St. Regis, The Luxury Collection, Sheraton, Westin, Four Points by Sheraton, W brands, as well
as Starwood Vacation Ownership, Inc., one of the premier developers and operators of high-quality vacation interval
ownership resorts.
About OPUS 2 Revenue Technologies
OPUS 2 Revenue Technologies, a subsidiary of MICROS Systems, Inc., is the world's leading developer of sophisticated
yield management systems for the hospitality industry. The company's software products achieve significantly higher
revenue from existing demand in hotel properties of all sizes. Bringing together the most advanced tools for forecasting,
analysis, and rate quotation, OPUS 2's systems maximize revenue for both transient and group business in a variety
of hotel and resort settings. These products are currently installed in over 250 hotel properties around the world.
About MICROS Systems
MICROS Systems, Inc. provides enterprise applications for the hospitality industry worldwide. Over 120,000 MICROS
systems are currently installed in table and quick service restaurants, hotels, motels, casinos, and leisure and
entertainment operations in more than 130 countries. MICROS provides property management systems and central reservation
and customer information solutions under the brand MICROS-Fidelio for more than 10,000 hotels worldwide. MICROS
stock is traded through Nasdaq under the symbol MCRS.
For more information on MICROS and its advanced information technology solutions for the hospitality industry,
please contact Louise Casamento, Director of Marketing at 443-285-8144 or 800-638-0985. You can also visit the
MICROS website at http://www.micros.com or send an email to info@micros.com.
The MICROS logo is a registered trademark of MICROS Systems, Inc. All other product and brand names are the property
of their respective owners.
SOURCE: MICROS Systems, Inc.