Krisam Group and GEP Announce New CFO

Peter De Angelo Appointed CFO out of Washington, DC Headquarters

. October 14, 2008

WASHINGTON, DC, October 30, 2007. Krisam Group, the top national sales company representing independent and unique member hotels, and Global Events Partners, (GEP), the leading partnership of destination management companies (DMCs) worldwide, announced that Peter De Angelo has joined the companies as Chief Financial Officer (CFO).

De Angelo brings more than twenty years of senior-level finance and operations management experience, helping companies in diverse industries drive profitable and sustained organizational performance.

"We are delighted to welcome Peter to his new role," said Jim Schultenover, President of Krisam Group. "Peter brings tremendous financial management, business planning and operations credentials. He will make outstanding contributions to the business performance of Krisam Group and GEP, two innovative and growing enterprises."

Chris White, Chairman and CEO of Krisam and Chief Executive Officer of GEP, said, "We are happy to welcome Peter, and take our business management to the next level at a time of unprecedented growth for our two companies." He concluded, "The combination of Krisam and GEP is powerful one, and Peter's efforts will enable us to manage our businesses even more effectively, to serve our customers even better."

De Angelo said, "I am pleased to join Krisam and GEP at this important and promising moment in the worldwide growth of both companies." He concluded, "I look forward to working closely with our corporate staff, as well as Krisam members and DMCs in the GEP partnership, to build business, serve clients and leverage the tremendous growth potential of these dynamic companies."

About Peter De Angelo

Peter De Angelo brings more than twenty years of corporate financial, business management and operations experience to his role at Krisam and GEP. He served most recently in senior financial and management positions in the publishing industry in the Washington, D.C. area, and also brings senior management experience from the media and advertising industries in New York City. He holds a Master's Degree in International Management from the University of Maryland, and a Bachelor of Science Degree in Finance from the Villanova University School of Business.

De Angelo resides in Annapolis, Maryland, with his wife Mary and daughter Nina. He serves as Treasurer of the Phillips Foundation, of Washington, D.C., and is a Member of the Board of Governors for Touchdown Club of Annapolis.

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