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Visual One Selected for Matfen Hall Hotel, Golf and SpaVisual One Awarded Preferred PMS Status by Boutique Hotels and Resorts of British ColumbiaVisual One win the 'Battle for Hastings"Visual One Systems Purchases GolfPro, Inc.
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Agilysys Completes Acquisition of Visual One Systems BOCA RATON, Fla. – Jan. 25, 2007 – Agilysys, Inc. (NASDAQ: AGYS), a leading provider of innovative IT solutions, today said it has completed the previously announced acquisition of Visual One Systems, Corp., a privately-held company with U.S. headquarters in Frederick, Md., and Europe headquarters in Leatherhead, Surrey, U.K. The acquisition provides Agilysys expertise around the development, marketing and sale of Microsoft® Windows®-based software for the hospitality industry, including additional applications in property management, condominium, golf course, spa, point-of-sale, and sales and catering management. “The addition of Visual One is keeping with our strategy to acquire companies with differentiated value, that will enhance our product and services offerings, broaden our customer base and expand our markets,” said Arthur Rhein, chairman, president and chief executive officer of Agilysys. Agilysys recently announced plans sell its computer systems distribution business for $485 million in cash and to use proceeds from that sale to accelerate its growth as a solution provider, both organically and through acquisition. Focusing solely on its IT solutions business, Agilysys is a leading provider of:
Visual One will be integrated into the company’s existing hospitality solutions business. Forward-Looking Language Portions of this release, particularly the statements made by management and those that are not historical facts, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current assumptions and expectations, and are subject to risks and uncertainties, many of which are beyond the control of Agilysys. Many factors could cause Agilysys actual results to differ materially from those anticipated by the forward-looking statements. These factors include those referenced in the Annual Report on Form 10-K or as may be described from time to time in Agilysys subsequent SEC filings. Potential factors that could cause actual results to differ materially from those expressed or implied by such statements include, but are not limited to, those relating to Agilysys anticipated revenue gains, sales volume, margin improvements, cost savings, and new product introductions. Other associated risks include geographic factors, political and economic risks, the actions of Agilysys competitors, changes in economic or industry conditions or in the markets served by Agilysys, and the ability to appropriately integrate acquisitions, strategic alliances, and joint ventures. In addition, this release contains time-sensitive information and reflects management's best analysis only as of the date of this release. Agilysys does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Information on the potential factors that could affect Agilysys actual results of operations is included in its filings with the Securities and Exchange Commission, including, but not limited to, its Annual Report on Form 10-K for the fiscal year ended March 31, 2006. Interested persons can obtain it free at the Securities and Exchange Commission's website, which is located at www.sec.gov.
About Agilysys, Inc.
Agilysys Signs Definitive Agreement to Acquire Visual One Systems
BOCA RATON, Fla. – Dec. 21, 2006 – Agilysys, Inc. (NASDAQ: AGYS), a leading provider of enterprise computer technology solutions, today announced it has signed a definitive agreement to acquire Visual One Systems, Corp., a privately-held company with U.S. headquarters in Frederick, Md., and Europe headquarters in Leatherhead, Surrey, U.K. Visual One Systems is a leading developer and marketer of Microsoft® Windows®-based software for the hospitality industry with offerings including property management, condominium, golf course, spa, point-of-sale, and sales and catering management applications. Visual One Systems customers include well-known North American and international full-service hotels, resorts, conference centers and condominiums of all sizes. Rhein added, “Agilysys Hospitality Solutions customers will find Visual One’s software can quickly and easily provide automation of the functional areas of hotel and resort environments, including their golf course, spa and catering facilities. Equally important, Visual One customers will have access to the full Agilysys offering. This includes our Materials Management System (MMS) inventory and procurement system, patented DataMagine™ document management solution, hospitality consulting services, as well as a new source for all additional enterprise hardware, software or services needs.” The acquisition will be funded by cash and is expected to close in late January 2007 subject to, among other things, the satisfaction of customary closing conditions. Visual One Systems has annual revenues of approximately $9 million and operating income margins of approximately 15 percent. Forward-Looking Language Portions of this release, particularly the statements made by management and those that are not historical facts, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current assumptions and expectations, and are subject to risks and uncertainties, many of which are beyond the control of Agilysys. Many factors could cause Agilysys actual results to differ materially from those anticipated by the forward-looking statements. These factors include those referenced in the Annual Report on Form 10-K or as may be described from time to time in Agilysys subsequent SEC filings. Potential factors that could cause actual results to differ materially from those expressed or implied by such statements include, but are not limited to, those relating to Agilysys anticipated revenue gains, sales volume, margin improvements, cost savings, and new product introductions. Other associated risks include geographic factors, political and economic risks, the actions of Agilysys competitors, changes in economic or industry conditions or in the markets served by Agilysys, and the ability to appropriately integrate acquisitions, strategic alliances, and joint ventures. In addition, this release contains time-sensitive information and reflects management's best analysis only as of the date of this release. Agilysys does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Information on the potential factors that could affect Agilysys actual results of operations is included in its filings with the Securities and Exchange Commission, including, but not limited to, its Annual Report on Form 10-K for the fiscal year ended March 31, 2006. Interested persons can obtain it free at the Securities and Exchange Commission's website, which is located at www.sec.gov. About Visual One Systems, Corp. Visual One is a privately-held company that has provided software to the hospitality industry since 1977. Visual One provides Property Management, Sales & Catering, Point of Sale, Golf, Spa, Condominium Accounting, Payables, General Ledger, Purchase Order, Central Guest Data Warehouse, Central Reservations systems, Self Check-in/out kiosks, and Interfaces to hundreds of other systems. Visual One is the lodging and golf system at many famous golf resorts such as PGA National, Ocean Reef Club, and Barton Creek. In the U.K., Visual One is installed in many fine establishments including The Strand Palace Hotel, Seymours Group, Whittlebury Hall, and many others.
About Agilysys, Inc. Analysts/Investor Contact: Martin Ellis, Executive Vice President, Treasurer and Chief Financial Officer, Agilysys, Inc. 561-999-8780 martin.ellis@agilysys.com Media Contact: Julie Young, Director, Corporate Communications, Agilysys, Inc. 440-498-6736 julie.young@agilysys.com # # # Visual One Selected for Matfen Hall Hotel, Golf and Spa
Visual One Systems are pleased to announce the signing of a contract for the supply of their Front Office, Sales and Catering, Point of Sale, Golf Management, Spa Management and Web Bookings to Matfen Hall Hotel, Golf and Spa. David Hunter, Director and General Manager commented, “We have been particularly impressed by the helpfulness and flexibility of Visual One, the people are great and we are delighted that we will at last have a fully integrated system which will enable us to provide a much more efficient service for our guests’’. Mike Gadbury, Managing Director of Visual One (Europe) said, “We are honoured to be selected by Matfen Hall and are pleased that the quality of our product and services has been recognised by them. We look forward to a long and successful partnership”. About Matfen Hall As "Large Hotel of the Year 2006" in the "Enjoy England Awards for Excellence" you know you can be assured of the highest level of accommodation, service and attention to detail. Matfen Hall is a magnificent, privately owned, country house hotel set in the beautiful countryside in Northumberland close to Hadrian’s Wall, yet only twelve miles from Newcastle upon Tyne. Sir Hugh and Lady Blackett have carefully restored their family seat into one of the North East’s leading venues for weddings, conferences, golf and leisure breaks. Each of Matfen Hall’s 53 bedrooms have their own charm and character combining modern facilities with traditional opulence. All rooms are en-suite, with satellite TV, direct dial telephone and all the amenities you would expect. The Premier and Executive rooms are particularly spacious with seating areas and luxurious bathrooms. Four Poster bedrooms are also available for that extra special occasion. With top class dining facilities, 18 hole and 9 hole golf course, renowned spa and leisure facilities and more, Matfen Hall offers all you could ask for. About Visual One Since 1977, Visual One Systems has provided software systems to the hospitality industry. Their Windows-based products, using a Microsoft SQL database, include property management, sales & catering, restaurant point-of-sale, back-office accounting, and golf course management. The company has 1650 sites worldwide and has many well-known customers including Sandals, Club Resorts, The Royal Westmoreland, Seymour Hotel Group, Whittlebury Hall, Nigel Mansell’s Woodbury Park, Wyboston Lakes, The Zetter, Strand Palace, Danesfield House, Four Pillar Hotels and Folio Hotels, The Langdale, RAF Club, The US Headquarters are based in Washington and the UK Headquarters are based in Leatherhead, Surrey.
Visual One Awarded Preferred PMS Status by Boutique Hotels and Resorts of British Columbia ![]() October 31, 2006, Frederick, Maryland – Visual One is pleased to announce that Boutique Hotels and Resorts of British Columbia has contracted Visual One as being the preferred vendor for PMS, Accounting, and Condo Management systems for their 7 luxury resort properties. The first installation at The Cove Lakeside Resort in Westbank, BC has been completed where Visual One installed the V1 PMS, V1 Back Office Accounting, V1 Condo Owner Management, V1 Central Guest History and V1 Multi-property Enterprise systems. The next installation will commence at the beginning of 2007 at the Nita Lake Lodge in Whistler, BC where V1 will install the same systems with the addition of also installing the V1 Sales & Catering, V1 Spa, and V1 Restaurant POS systems. David Creasy, Chief Financial Officer of Boutique Hotels and Resorts of BC said, “We are very pleased with our relationship with Visual One, as they bring us best in class applications with an implementation and development approach that is responsive to our needs as an emerging business. As a new hospitality company focusing on upscale properties we determined early on that technology would be a critical element for our future success. Visual One has given us comprehensive, well designed hospitality solutions that bring measurable efficiency and effectiveness to all users. We expect to realize significant competitive advantage by deploying Visual One applications across all our properties due to the strong guest centricity, the powerful integration between modules and the advanced technical architecture”. Dave Burroughs, President and Founder of Visual One Systems Corporation said, “Partnerships with resort companies like Boutique Hotels is what we do best, it has been our innovative software development skills that allows us to work with such magnificent properties as Pinehurst, Crested Butte, and now this beautiful collection of properties that Boutique Hotels and Resorts of British Columbia are operating. Visual One is striving to be the best developer of software for the resort and conference center industry, and with our growing portfolio of well-known properties we must be doing something right”. About Boutique Hotels and Resorts of British Columbia Boutique Hotels & Resorts of British Columbia is a premiere management company specializing in upscale hotels, lodges and resorts including the new Cove Lakeside Resort in Westbank, the upcoming Outback Resort in Vernon, Nita Lake Lodge in Whistler, The Oswego Hotel in Victoria, Black Rock Oceanfront Resort in Ucluelet, L’Hermitage Hotel in Vancouver and The Watermark Beach Resort in Osoyoos. For more information, visit www.bhrbc.com. About Visual One Systems Corporation: V1 is a privately-held company that has provided software to the hospitality industry since 1977. In addition to the software mentioned above, V1 also provides PMS, Sales & Catering, Point of Sale, Golf, Spa, Condominium Accounting, Payables, General Ledger, Purchase Order, Central Guest Data Warehouse, Central Reservations systems, Self Check-in/out kiosks, and Interfaces to hundreds of other systems. Visual One is the lodging and golf system at many famous golf resorts such as PGA National, Ocean Reef Club, and Barton Creek. In the UK Visual One is installed in many fine establishments including The Strand Palace Hotel, Seymours Group, Whittlebury Hall, and many others. ### in the US: Dan Wasser, Senior Vice President, 301-698-9868 or dwasser@v1s.com in the UK: Mike Gadbury, Managing Director, 44(0)1372 371155 or mgadbury@visualone.co.uk
Visual One win the ‘Battle for Hastings’
Visual One are delighted to announce that Hastings Hotels have signed with Visual One Systems for the supply of their Property Management and Sales & Catering systems for their six properties, plus the Visual One Central Reservations system. Hastings Hotels, based in Northern Ireland are an independent, locally owned group, whose hotels include the 5 star Culloden Estate & Spa , the World famous Europa and the contemporary Stormont Hotels in Belfast, as well as the Slieve Donard Resort and Spa in Co Down, the Ballygally Castle on the Antrim Coast Road close to the Giant's Causeway and the 4 star Everglades Hotel in Londonderry. Howard Hastings, Managing Director of the Hastings Hotel Group said, “We carried out an exhaustive search for a replacement for our existing systems and had are very impressed with Visual One. Our needs included central reservation functionality, EZ RMS connectivity, and good distribution interfaces as well as comprehensive training, installation and support, and value for money”. Mike Gadbury, Managing Director of Visual One (Europe) said, “We are delighted the Hastings Group has signed with us. I think the industry is starting to realise that Visual One offers a real alternative to the market with quality product and support services. The Hastings Group has some excellent hotels and we look forward to partnering with them for many years to come”. About Visual One SystemsV1 is a privately-held company that has provided software to the hospitality industry since 1977. In addition to the software mentioned above, V1 also provides PMS, Sales & Catering, Point of Sale, Golf, Spa, Condominium Accounting, Payables, General Ledger, Purchase Order, Central Guest Data Warehouse, Central Reservations systems, Self Check-in/out kiosks, and Interfaces to hundreds of other systems. Visual One is the lodging and golf system at many famous golf resorts such as Pinehurst, PGA National, Ocean Reef Club, Grand View Lodge, Bandon Dunes, and Barton Creek. Visual One is also considered a leader in many other hospitality technology applications and is the PMS of choice for Sandals, Sodexho Conference Centers, Guest Services, Inc., and recently was selected for the 1,250-unit Trump Las Vegas condo hotel and the 1500 bedroomed Rosen Shingle Creek Hotel in Orlando. In the UK Visual One is installed in many fine establishments including The Strand Palace Hotel, Seymours Group, Whittlebury Hall, Four Pillars Group, Folio Hotels Group, The Zetter, Woodbury Park, The Lensbury and many others. Visual One Systems Purchases GolfPro, IncMerger replaces exclusive distributorshipFREDERICK, MD (USA) – October 10, 2006 – Visual One Systems Corporation, a supplier of management software to the hospitality industry since 1977, has acquired the GolfPro company after years of being the exclusive distributor of GolfPro®’s software systems. Many of the top golf courses in the world, including Pinehurst in North Carolina, Bandon Dunes in Oregon, Shingle Creek in Florida, Kapalua in Hawaii, and Doonbeg in Ireland, use the GolfPro® software. "Though we’ve had a great relationship with the developers of GolfPro for many years, it is better that we are now in full control of its development path,” says Dave Burroughs, President of Visual One Systems. “Greater things will come as far as integrating GolfPro with our property management and club management systems. “I think the time was right to merge our company with Visual One Systems,” said Mark Vincent, (former) CEO of GolfPro. “Now, V1’s full programming resources will take GolfPro to a new and better level.” Though GolfPro® can operate as a stand-alone system, much of its power comes from the integration with Visual One’s property management system. For example, a hotel reservationist can book a tee-time for a guest simultaneously with the sleeping room reservation. If the guest cancels the room reservation, V1 PMS can either automatically cancel the tee-time or it can ask the User if they’d like to cancel the tee-time. In addition, when a golf transaction is settled to a guest’s room, V1 PMS automatically knows which of the golf items (tee-time, cart rental, services, retail items, etc.) should be applied to the guest’s package and which should be posted outside of the package plan. No human intervention is required. Future software developments include the ability for guests to build their golf, spa, dining room, and activity itineraries on the hotel’s web site. About Visual One Systems V1 provides software products to meet the needs of any-sized hotel, in any market. Products include property management, sales & catering, restaurant/retail point-of-sale, back-office accounting including condominium and timeshare, spa, golf, and club management, as well as central reservations and interfaces to hundreds of other systems. V1 also offers the V1Net property management system; a browser-based PMS written with the latest internet technology. All of V1’s software, using Microsoft’s SQL Server database, is developed as integrated products by V1’s own, US-based programmers. For more information, please visit www.visualonesystems.com or contact: in the US: Dan Wasser, Senior Vice President, 301-698-9868 or dwasser@v1s.com in the UK: Mike Gadbury, Managing Director, 44(0)1372 371155 or mgadbury@visualone.co.uk
V1Net PMS allows guests to check-in
over the Internet
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