Swisscom Eurospot Acquires Core Communications
Becomes a World Leader in Conference Services
APRIL 17, 2006. Swisscom Eurospot will acquire Core Communications Corp, a professional services company specializing in data communications and Internet solutions to the hospitality industry. Core supports over 7,500 events annually in conference centers and business hotels throughout North America, and is recognized as an innovative leader in technology services to the meetings and events industry. Swisscom Eurospot will apply Core's expertise to its portfolio of 2'270 locations in 14 European countries accelerating the development of advanced Internet solutions to hotels, business events and conventions worldwide.
A new company focusing on Conference Services will be created, operating as a subsidiary of Swisscom Eurospot. This global enterprise will combine Core's US operations with Swisscom Eurospot's current conference services team. David Giannini, founder and CEO of Core Communications, will become its CEO. The combined resources of both companies create a global services platform able to organize and deliver consistent, reliable Internet services to hotels and convention centers across multiple continents. Moreover, this new entity is uniquely positioned to directly address the growing Internet requirements of the corporate meetings and events industry, wherever it may occur.
Both companies bring strong relationships with major US, UK, European and International hotel chains, as well as strategic corporate clientele. These complementary assets allow Swisscom Eurospot to further strengthen its service portfolio and to leverage Core's customer base. Core will benefit from Swisscom Eurospot's experience providing HSIA services to 188'000 hotel guestrooms, from its multi-lingual technical support, and its broad IT knowledge and resources.
The acquisition of Core offers corporate customers and hotel chains a complete services portfolio for the provision of high-speed Internet-based services, on a global basis, through a strong integrated partner.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
