Libra Hospitality LLC, the authorized distributor of Hotel Information Systems, Inc. for Central and Eastern Europe, Russia and the CIS would like to inform its clients of the announcement made earlier today that MAI Systems Corporation has entered into a definitive agreement to be acquired by SoftBrands, Inc. MAI operates principally through its Hotel Information Systems (HIS) subsidiary. SoftBrands indicated that it will merge the HIS personnel, products and services into its hospitality operations.
Please follow the links below to view the relevant press releases from HIS and Softbrands:
SoftBrands Press Release
«We view this event as positive news for our clients and the product lines that we represent. The combined strength of two leading hospitality software suppliers and Softbrands' established presence in Europe will benefit our clients and open new opportunities for further growth of HIS Core and epitome Solutions», — commented Nikolai Balba, Libra Hospitality Managing Director.
About MAI Systems Corporation
MAI Systems is a worldwide provider of total information system solutions to the hospitality, resort and destination market. Headquartered in Lake Forest, California, MAI has worldwide offices for sales and service. For information on the Company's innovative hospitality solutions visit www.hotelinfosys.com or www.maisystems.com.
About Hotel Information Systems
Hotel Information Systems delivers solutions developed using the only tools available today for flexible enterprise computing, Java and .NET. The corporate consolidation and on-property management solutions enable hoteliers to focus on relationships, support sales and marketing goals, and implement decisions in a rapid change environment. The Company's highly skilled, customer-focused staff provide expert assistance to clients when integrating their business processes with their partners, suppliers and customers, leveraging existing IT investments and implementing a solid technology foundation to add functionality at their own pace. With years of hospitality experience, open standards development methodology, scalable architecture, and best business practices, Hotel Information Systems provides clients with solutions for sustainable competitive advantage. For additional information about Hotel Information Systems' core and epitome Solutions, please visit the Hotel Information Systems Web site www.hotelinfosys.com.
About SoftBrands
SoftBrands, Inc. is a global leader in providing solutions for small- to medium-sized businesses in the manufacturing and hospitality industries worldwide. With approximately 4,000 customers in more than 60 countries now actively using its manufacturing and hospitality products, SoftBrands has established a global infrastructure for distribution, development, and support of enterprise software. The company, headquartered in Minneapolis, Minnesota, has 600 employees with branch offices in Europe, India, Asia, Australia, and Africa. Additional information can be found at www.softbrands.com.
About Libra Hospitality
Libra Hospitality provides a complete range of information technology solutions to hotels in Central and Eastern Europe, Russia and the CIS. Libra Hospitality is the official distributor of epitome® Solutions and Hotel Information Systems® core, developed by Hotel Information Systems. Libra Hospitality has been operating in the CEE region directly and through its subsidiaries since 1998, with main offices and support centers located in Prague and in Moscow. Libra Hospitality is currently servicing more then 140 customers across the region. The product line includes Corporate and Property Management Systems, Point of Sales and Food & Beverange Management Systems, Business Intelligence solutions, Channel Management tools and Central and Web reservations applications. http://www.librahospitality.com.
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