OpenGrid Offers Hotel Brands Free Presence on the Wireless Internet

Press Release: OpenGrid, Inc.
May 15, 2001
SAN JOSE, CA -- OpenGrid, Inc., the leading provider of mobile solutions to the travel and conference industries, announces an offer to launch a wireless presence for hotel brands. While working with travel industry leaders, OpenGrid market study shows that most hotels have yet to expand their brands to wireless. When a customer tries accessing a hotel web site that has not been enabled for wireless access, the typical result is a ``Content-Type Error''. OpenGrid is offering to develop and host one wireless page for each hotel brand that will welcome customers and direct them to visit the hotel's web-based url. This will eliminate the unfavorable user experience.

OpenGrid will provide this service free to any hotel that visits OpenGrid at the HEDNA or HITEC trade shows or contacts OpenGrid directly at 408-792-1647 or www.opengrid.com/freeoffer during May or June 2001. The next logical step in having a true wireless presence with booking capability is to implement a complete wireless reservation and customer relationship management (CRM) solution. OpenGrid's Fastbook enables hotels to offer wireless reservation capabilities to customers via wireless devices. During this time OpenGrid offers a 15% discount for any hotel that signs up for FastBook.

About OpenGrid

OpenGrid was founded in 1999 to become the leader in mobile business solutions. As the first wireless company to focus on the travel industry, OpenGrid leverages years of experience with the large and fast-growing opportunity of the wireless communications market. OpenGrid's executives have proven expertise in wireless transactions and mobile technologies and have established strategic partnerships with leading technology, transaction and travel companies. OpenGrid technologies feature superior user interaction, advanced scalability and tools that provide partners and customers information that is easy to grasp and act upon.

Headquartered in San Jose, Calif., OpenGrid has a board of industry luminaries including the founder of Starfish Philippe Kahn, and advisors including former Apple CEO Gil Amelio and MIT Media Lab guru Nicholas Negroponte. OpenGrid has a strong intellectual property position and is backed by a group of distinguished investors including: Motorola, Labrador Ventures, Advanced Technology Ventures of Palo Alto, Applied Technology Investors of Menlo Park, and Draper Fisher Group of Palo Alto. For more information visit www.opengrid.com.

SOURCE: OpenGrid, Inc.