JDA and Rainmaker Continue Partnership, Expand in Hospitality Market
Rainmaker Gains Worldwide Rights in Non-gaming Hospitality Market
SCOTTSDALE, AZ, October 2, 2007. JDA(R) Software Group, Inc. (NASDAQ: JDAS), the leading provider of hospitality enterprise pricing and revenue management solutions, today announced it has expanded its partnership with The Rainmaker Group, the world leader in automated revenue management software and services to the gaming hospitality industry. The new agreement extends The Rainmaker Group's right to market and sublicense JDA's hospitality revenue management software in the hospitality industry.
JDA Group Vice President Revenue Management Andy Archer said, "We are delighted to announce this extension of our partnership with the Rainmaker Group; it represents important progress towards JDA's strategic vision for the Hospitality Industry."
The Rainmaker Group Principal Tammy Farley said, "The expansion of our ongoing relationship with JDA enables The Rainmaker Group to benefit from JDA's broad reach in the hospitality sector, and enables us to focus on providing specialized revenue management solutions to current and future hospitality clients using JDA Software solutions."
Expanding on the strategic importance of the agreement to JDA, Archer said, "In the last few years, the market for Revenue Management solutions has matured and the requirements in the market are growing more sophisticated and specialized. With unmatched experience working with major hotel chains and extensive cross-industry knowledge, JDA has a clear leadership position in enterprise forecasting and pricing optimization - the central components of our Next Generation Enterprise Revenue Management vision." Archer noted that The Rainmaker Group has unparalleled expertise in the casino gaming segment and in customer value-based hospitality Revenue Management, which gives the company a compelling value proposition for larger and more complex hotels, making them a natural partner to market and implement JDA Revenue Management solutions.
"We are extending our partnership with Rainmaker to sell and sub-license JDA's Hotel Revenue Management software in the non-gaming hospitality segment because we believe it will enable us to capitalize more effectively on the entire market," added Archer.
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