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"MICROS continues to execute its strategic development plan for hotel industry e-commerce initiatives and Myfidelio.net is designed to become our hotel industry portal," said Stefan M. Piringer, President & COO of Myfidelio.net at the launch ceremony. "Myfidelio.net will provide a host of on-line services that will be introduced over the coming years, including global product distribution, financial services, education and e-learning, property management services, hosted and managed enterprise solutions."

"MICROS is pleased with the commercial development of our e-business solutions, in particular our product distribution service company," said Mr. Piringer. "Over the past fiscal year we recorded a membership growth of 70% and we are currently providing product distribution services to more than 1,700 hotels in Europe and Asia/Pacific." Mr. Piringer added, "Myfidelio.net incorporates our next generation electronic product offering, and includes on-line interfaces to our suite of MICROS-Fidelio Property Management Systems and Central Reservation Systems.

Our plan is to introduce Myfidelio.net to all of our distribution channels within the coming two years as an integrated and full featured product offering."

MICROS Systems, Inc. provides enterprise applications for the hospitality industry worldwide. Over 135,000 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 15,000 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 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.

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Contact
Louise J. Casamento
Director Of Marketing
United States - Columbia, Email: lcasamento@micros.com

Organization
Oracle Hospitality
https://www.oracle.com/industries/hospitality/index.html
7031 Columbia Gateway Drive
USA - Columbia, MD 21046-2289
Tollfree: (866) 287-4736
Email: oraclehosp_ww@oracle.com

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