FIU, Hotelworks.com Launch 'Hotelworks Institute'
New program with FIU's renowned School of Hospitality Management
to provide easy access to valuable industry information online


MIAMI, Fla. (April 11, 2001) - Florida International University's School of Hospitality Management, one of the most highly-acclaimed hospitality schools in the world, and Hotelworks.com, the largest independent hotel procurement company in the world, have teamed up to launch the Hotelworks Institute.

The chief goal of the Hotelworks Institute is to enrich the global hospitality industry through a broad range of information services, all provided free of charge. These include educational seminars, informative talks and up-to-date information on trends and other pertinent issues from throughout the industry, all through an easily accessed web site (within Hotelworks.com) at www.hotelworks.com/Institute.

"There were a number of compelling reasons to launch the Institute," said Douglas Parker, president and CEO of Hotelworks.com. "As our company functions on a global scale, we see the value of maximizing the information and resources of an organization such as FIU's School of Hospitality Management. Our involvement with FIU allows us to provide access to information from some of the best minds in hospitality, through what we call a 'clicks and mortar' initiative. The Institute will participate in select industry activities, while at the same time providing valuable information through an online venue."

The site will ultimately include:
- Highlights of recent lectures by renowned FIU professors
- Online version of FIU's highly acclaimed Hospitality Journals
- Research information
- Internship opportunities
- Information on featured professors, and more.

We are working to ensure that the Institute is a valuable resource," said Joseph West, dean of the FIU School of Hospitality Management. "It will provide a number of benefits, among them information from our professors that has never been offered online and an interactive component to secure answers to important questions from anywhere in the globe.

"The Institute is sure to provide individuals and students of the global hospitality industry access to a major reservoir of knowledge. We are always looking for ways to maximize the dissemination of valuable information. We also hope the Institute will help pique the interest of individuals from throughout the world to further explore the possibilities available to them within the ever-growing field of hospitality."

"This initiative is an example of melding the resources of a major learning institution with the know-how of a company that has been a major player in the hospitality industry for more than 30 years," said Parker. "It is a privilege to be part of such a worthwhile endeavor."

To access the Hotelworks Institute, log on to www.hotelworks.com, and click on the Institute icon. While the information is provided free-of-charge, the materials are copyrighted and may not be reproduced without the expressed, written consent of FIU and Hotelworks.com

FIU'S School of Hospitality Management offers bachelor's and master's degrees and certificate programs that combine practical experience with classroom theory to assist the student to gain the understanding, skills, and techniques needed to qualify for job opportunities, or to achieve his or her career goals in the hospitality industry. An Industry Advisory Board - which includes outstanding executives in the hotel, food and travel industries - works regularly with the faculty, staff, and students of the School to formulate and update a curriculum that is current, flexible, and related to the needs of the hospitality industry.

Hotelworks.com (AMEX: HWS) through its wholly-owned subsidiaries; Leonard Parker Company, Parker Reorder Online, and Bekins Distribution Services, is the world's largest independent provider of hotel procurement services. The company has leveraged its 30-plus years of servicing the procurement needs of the hospitality industry through a vertical e-commerce solution that has established it as a global business-to-business leader in hospitality procurement and fulfillment. For more information on Hotelworks.com, please visit our web-site at www.hotelworks.com

Media contacts:

Media contacts: Todd Martinez-Padilla Simmons (305) 348-2716 or 2232 David Umansky (202) 357-2627, ext. 106.