Technology >> CEO Interviews >> October 9, 2000

John Davis Iii – Pegasus Solutions Inc (pegs)

JOHN F. DAVIS, lll serves as President and Chief Executive Officer of Dallas-based Pegasus Solutions, Inc., a leading worldwide provider of electronic hotel distribution technology and representation solutions. In 1989 Mr. Davis led the launch of the Pegasus Electronic Distribution switch technology. Mr. Davis also led the formation of Pegasus Commission Processing in 1992. In 1994 he launched TravelWeb.com, one of the Web's largest hotel information and booking sites. In 1998 he created Pegasus Business Intelligence, a hotel industry data-warehousing and database-marketing service. In 2000 he led Pegasus' acquisition of REZsolutions, Inc., the hotel industry's largest third-party marketing and reservation provider. With this transaction, Pegasus grew to 2,000 employees located in 39 countries. Earlier in his career, Mr. Davis co- Founded a toll-free ordering company, 800-FLOWERS, for the floral industry. After selling this company, he founded a telemarketing company, ATC Communications. Prior to these entrepreneurial successes, Mr. Davis was President of Mid-South Drilling Company as well as the campaign Director and Treasurer for Senator John G. Tower's re-election campaign in 1978. Business Travel News named Mr. Davis to its 'Travel Industry Hall of Fame' in 1999, recognizing Mr. Davis as one of the elite in the industry. Additionally, Business Travel News named him one of the business travel industry's 25 Most Influential Executives in 1994, 1995, 1997, 1998 and 1999. Lodging magazine named Mr. Davis to its 1999 list of the top 75 executives in the hotel industry. Interactive Travel Report named Mr. Davis the 'Person of the Year in Interactive Travel' in 1998. In 1997 Mr. Davis was named one of the '25 Most Influential People in the Meetings Industry' by Meeting News. In 1991 Mr. Davis was named as one of the Travel Agent magazine's 'People of the Year' for 'solving problems for hoteliers and agents.' Computerworld named Mr. Davis an 'Agent of change' in 1995. Mr. Davis resides on the Boards of Pegasus Solutions, the Dallas Vistors and Conventions Bureau and TRX, Inc. He received an Bachelor of Business Administration degree from Texas Christian University in Fort Worth, Texas. Profile
TWST: Could we start out with a quick update on Pegasus and what has

happened to the company over the last six to nine months?

Mr. Davis: Obviously, the biggest event was the closing on