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ACQUIRED COMPANY
 
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WorldRes  (Stock symbol: WRES ) Acquired by Web Reservations International (2005)

1510 Fashion Blvd #100
San Mateo, CA 94404
USA
(650)-372-1700
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Steve Eskenazi (Walden Venture Capital) Peter Gardner (Technology Funding) Dwight Morita (Synopsys VP);  Douglas Stern (United Media)
Company

Business description: WorldRes provides online, real-time confirmed reservations for member hotels through a broad range of distribution partners. The system offers more than 30,000 member properties to 2,000 Web distribution partners and 600,000 worldwide travel agents through relationships with leading global distribution systems, Galileo, Sabre and Worldspan. Member hotels post rich content - including detailed information and photos - distributed to partners or through their own Web site using the WorldRes network and technology. All partners receive a portion of the revenues generated by reservations booked online. Flexible and customizable partner options - from a simple link to full technical integration.
Partners include: LastminuteMapquestSideStep;  Best Western;  Concirge.com;  Earls Court;  Groupe Lucien Barrière;  Internet Travel Network;  SAS;  USDM.net;  Worldview Technology Partners Systems;  Zuji
Capital

Rounds: 5
Recent Fundings:    Apr 2001
Capital raised: 78.3M
Ownership: Acquired by Web Reservations International (2005)
Stock Symbol: WRES
Corporate investors: Times Mirror;  XeroxSightLine PartnersAccor

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Overview
Record updated: Mar 2005
Sector: Internet
Year Founded: 1995
Headcount: 151-200 as of Apr 2000
Rounds: 5
Recent Fundings:    Apr 2001
Capital Raised: 78.3M
Ownership: Acquired by Web Reservations International (2005)
Stock Symbol: WRES