innRoad Adds New Features to innCenter SaaS Property Management System

Enhancements to Web-based innCenter PMS solution make it robust enough to meet the needs of all type

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. October 14, 2008

SAG HARBOR, NY, June 16, 2008. innRoadTM, a leading software as a service (SaaS) technology company featuring innCenterTM, the first fully featured, Web-based PMS solution for the hospitality industry, today announced that new features have been added to its innCenter solution. These new features include a Night Audit functionality, Condo/Hotel module, Housekeeping & Maintenance scheduling, and customized Confirmation Messaging.

"Adding these features has taken SaaS PMS systems to the next level," stated Murat Ozsu, president of innRoad. "Over the past year we've seen the large-scale acceptance of the SaaS model and now, with these functionality enhancements, we can say that we can offer all the functionality of expensive, stand-alone systems with none of the drawbacks, such as expensive licensing contracts, upgrades, training and hardware costs."

innCenter's new Night Audit function includes an audit control dashboard that allows the hotelier to customize and control the criteria determining how the daily transactions are settled and balanced. These transactions are maintained with two status levels "Pending," "Posted," and "Locked" providing the hotelier with the flexibility to choose a specified time and day to complete the night audit process. These allow hoteliers to run audit reports whenever convenient and to ensure the security of the reports.

The innCenter Condo/Hotel module was designed to quickly and easily manage owner revenues, expenses, and profit-sharing between Condo Owners and the Management Company. This is accomplished by generating various daily and monthly statements for owners to track charges that are accumulated during a stay, as well as other expenses related to owning the condo unit.

Another feature of the Condo/Hotel Module is to automatically calculate the appropriate commission percentage(s) for the management company for the appropriate revenue post types being shared. These numbers are automatically calculated during the end of day transaction audit along with the day's activity. Along with this automatic breakout of commissioned revenues, both the owner and the management company can quickly analyze the profitability of each condo.

The Housekeeping & Maintenance scheduling features a communication and tasking tool that increases guest satisfaction by empowering housekeeping and maintenance to field and fulfill guest service requests on a real-time basis, thereby reducing response time and follow-up. The task management module also provides instant monitoring of services and tasks that are completed by service personnel.

Utilizing the data in the property management system, personalized and customized Confirmation Messaging creates the ability to send branded reservation and reminder responses to the guest.

"At first, people may have thought the SaaS model couldn't support or handle all types of properties," stated Ozsu. "The way we are progressing and the strides we've made illustrate that this model can work and is the most beneficial for hoteliers worldwide."

innRoad will be demonstrating its technology at Booth #1947 at HITEC 2008, taking place in Austin, Texas, from June 16 to June 19. For more information, directions and a map of booth locations, please visit www.hitec.org.

About innRoad, Inc.

innRoad, Inc., based in Sag Harbor, N.Y., is the provider of the hospitality industry's first fully featured, On-Demand Property Management System, innCenterTM. innCenter helps hotel operators and management companies lower costs, increase operational efficiencies and grow revenues by managing their reservations and financial data online. The online management system, which requires no installation at the properties, reduces IT staff time and cuts costs across the organization by eliminating manual labor and double work, as well as significantly improving customer service. For more information, call 866.504.0632, visit www.innroad.com or e-mail [email protected].