MICROS Acquires TIG Global
Expanding Web Services Portfolio for Hospitality Industry
January 6, 2010 - MICROS Systems, Inc. (NASDAQ:MCRS), a leading provider of information technology solutions for the hospitality and retail industries, is pleased to announce the acquisition of TIG Global, one of the leading interactive marketing companies for the hospitality and travel industries worldwide. TIG Global is headquartered in the Washington, DC metro area, and serves the online needs of a diverse portfolio of clients located around the world.
'TIG Global is known for providing superior interactive practices and online results through a suite of products and solutions that include website design and management, search engine optimization, social media, and mobile marketing,' stated Tom Giannopoulos, Chairman and Chief Executive Officer, MICROS Systems, Inc. 'TIG Global's leading technology and focus on the hospitality and travel industries make TIG Global the ideal partner to provide best-in-breed solutions to our clients worldwide.'
'We are excited to combine forces with MICROS,' stated Frederic W. Malek, CEO and Co-Founder of TIG Global. 'With travel being the most widely consummated transaction on the Internet today, and with most consumers conducting their own travel purchases, our products and solutions have become critical to the hospitality industry. With MICROS's worldwide platform and presence, and our deep understanding of the Internet consumer, we can accelerate our growth globally and together provide a superior value proposition with a comprehensive end-to-end solution with increased localized service for our clients.'
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 
