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To: stephen allen who wrote (3888)	5/29/1998 1:32:00 PM
From: stephen allen	Respond to of 21143

Friday May 29, 8:00 am Eastern Time Company Press Release SOURCE: On Command Corporation On Command Corporation and Loews Hotels Sign Agreements for New In-Room Entertainment Systems SAN JOSE, Calif., May 29 /PRNewswire/ -- Strengthening its position as the world's leading provider of in-room entertainment and information services to the lodging industry, On Command Corporation (Nasdaq: ONCO - news) and Loews Hotels announced today that the companies recently agreed to a series of seven-year contract extensions. The agreements affect those properties served by On Command resulting from the SpectraVision acquisition in October 1996. On Command will convert these hotels to its flagship on-demand technology and, as a result, will continue to serve all of the existing Loews Hotels in the United States and Canada. ''We are delighted that these Loews Hotels will remain members of our family of distinguished hotel customers,'' said Bob Kavner, President and Chief Executive Officer of On Command Corporation. ''These agreements provide On Command with service extensions from recognized hotels in the lodging industry's upper tier, and fortify our reputation as the industry's preferred partner for in-room entertainment.'' Loews Hotels currently owns and/or operates 14 hotels and resorts in the U.S., Canada and the Principality of Monaco. In the midst of the largest expansion campaign in its history, the chain has a total of six hotels under development. These include, the 800-room Loews Miami Beach Hotel (October 1998); the 368-room House of Blues, a Loews Hotel in Chicago (September 1998); the conversion of the landmark PSFS building in Philadelphia into the 585-room Loews Philadelphia Hotel (Spring 1999); and three hotels at Universal Florida in Orlando. These include the 750-room Portofino Bay Hotel, a Loews Hotel (Spring 1999); a 650-room Hard Rock Hotel (Fall 2000); and a third 1,000-room hotel opening in 2001. On Command Corporation is the world's leading provider of 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