COVENTUS Inc. and Smart Traveller Network Ltd. Join Forces; COVENTUS' eServices for Business Travelers to Become Available Through STNL Channels in Europe and Asia.

KANATA, Ontario--(BUSINESS WIRE)--Nov. 29, 1999--

COVENTUS Inc., an eServices Provider (eSP) of secure end-to-end Internet-enabled solutions for business travelers, and Smart Traveller Network Ltd. (STNL), a systems integrator and Internet service provider for the hospitality industry, Monday announced the formation of a business alliance.

STNL will add COVENTUS' eServices to its established service offerings, leveraging its global hotel reservations system -- targeting over 800 independent hotels throughout Europe and Asia -- and giving COVENTUS an international presence.

COVENTUS' unique suite of solutions, called eServices, address the global communications problems of business travelers, while improving profitability at the hospitality properties where they stay and work.

The travel experience is enhanced by eServices through integration of disparate travel activities into a context sensitive, personalized process, which is delivered to and accessed by business travelers via COVENTUS' Web presence.

"COVENTUS' eServices meet the communications requirements of today's business travelers, who are demanding more efficient means of connecting to their corporate networks, as well as access to electronic services, wherever they are on any given day," said Filios Theodorou, chairman and managing director of STNL.

"We look forward to working with our North American colleagues to make COVENTUS a well-known name among hoteliers and business travelers alike. Some of the most seasoned hotel operators we have worked with for over 15 years have expressed confidence in COVENTUS' services and the convenience and productivity these services will afford to their business traveler clientele."

COVENTUS' eServices leverage the ability of hotels to attract and retain customers. The profiling component of these applications allows hotels to track customer preferences and utilize the findings when a guest returns.

"The desires of hoteliers to increase occupancy and of business travelers to have the ability to work effectively while on the road are universal," said Rainer Paduch, COVENTUS' president and chief executive officer. "We appreciate the opportunity to work with an industry leader like STNL to make COVENTUS' eServices available in the European and Asian markets."

Smart Traveller Network Ltd., an integrator of technology and Internet service provider for the hospitality sector, is associated with Smart Traveller (Hotel) Ltd., a primary distribution channel to over 800 independent hotels throughout Europe and Asia.

STNL is currently finalizing: the development of Internet-related services, called Smart Traveller Club, with Mondex International Ltd., a leading Smart Card provider; an IP telephony project for hotels in partnership with Millicom International Cellular (MICC); and a travel trade portal with Asia Travel Inc.

COVENTUS Inc., based in Kanata, offers a unique suite of Internet-based applications that allows hotels and convention properties to provide value-added services to business travelers.

Delivered through high-speed Internet access, COVENTUS' eServices include: eHotel, which enables business travelers to communicate electronically with the hotel via laptop form the guestroom to request room service, check out and view in-room services; eOffice, which, through COVENTUS' unmatched ability to connect to corporate remote access servers (RAS) over the Internet, enables guests to access their corporate networks and e-mail; and eJourney, which, through COVENTUS' Intuitive Process Engine, permits hotels to build guest profiles to ultimately provide personalized services.

COVENTUS' eServices increase the perceived value of the hotel to business travelers, building customer loyalty and improving profitability. For additional information, visit COVENTUS' Web site at www.coventus.com.