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Tuesday May 26, 1:09 pm Eastern Time
Company Press Release
SOURCE: On Command Corporation
On Command Corporation Wins New Contract for Six Sheraton
Hotel Installations
Seven-Year Exclusive Agreement With Kyo-ya Company Adds Hotel Properties In
Key Markets
SAN JOSE, Calif., May 20 /PRNewswire/ -- On Command Corporation (Nasdaq: ONCO - news) and Kyo-ya
Company announced today that the companies have signed a definitive agreement for On Command to provide in-room
entertainment and information services exclusively to the Kyo-ya Company. The Kyo-ya Company includes six hotels
and 5,243 rooms operated by Sheraton in Honolulu, Maui and San Francisco. Four of the six hotels covered in the
agreement involve properties served by On Command resulting from the SpectraVision acquisition in October 1996.
The agreement will bring On Command services to the Kyo-ya properties for a term of seven years.
''Serving these Kyo-ya hotels is an important addition to our select group of major hotel customers, and we are pleased
to recognize the associated increase in our overall count of Sheraton properties served,'' said Bob Kavner, President
and Chief Executive Officer of On Command Corporation. ''The Honolulu, Maui and San Francisco markets have
proven to be winners for On Command in the past, and we believe that with On Command technology these premier
properties give us the opportunity to even strengthen that performance.''
''Kyo-ya Company is excited about this agreement as another measure of our commitment to delivering the best in
service and amenities to our valued guests,'' said Gene Burk, Kyo-ya Company's Director of Support Services. ''On
Command's dedication to service and excellence in technology will serve our properties and their guests well for years
to come.''
The Kyo-ya Company owned hotels covered by this agreement includes the Sheraton Maui in Maui, Hawaii, the
Sheraton Waikiki, Royal Hawaiian Hotel, Sheraton Moana Surfrider, and Sheraton Princess Kaiulani in Honolulu,
Hawaii, and the Palace Hotel in San Francisco, California.
On Command Corporation is the world's leading provider in-room entertainment, information and business services to
the lodging industry. The Company is based in San Jose, California with offices located across the United States and
around the world in Bangkok, Hong Kong, London, Madrid, Mexico City, Singapore, Sydney, and Toronto. In
January 1998, Deloitte & Touche named On Command Corporation one of the nation's ''Technology Fast 500.'' This
honor recognized On Command as one of the fastest growing technology companies in the United States. The
Company annually serves more than 200 million guests worldwide, covering approximately 3,100 hotel properties and
902,000 guest rooms. On Command Corporation is listed on The Nasdaq Stock Market under the symbol ONCO and
its warrants are traded under the symbols ONCOW and ONCOZ.
SOURCE: On Command Corporation
More Quotes and News:
On Command Corp (Nasdaq:ONCO - news)
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