Newmarket International unveils the latest version of NetXchange Meeting Broker.

Portsmouth, NH- June 27, 2001 - Newmarket International today announced the scheduled release of Newmarket NetXchange Meeting Broker 2.0. The industry's first Internet-based exchange, NetXchange Meeting Broker, seamlessly integrates hotel booking lead sources, such as eRFP web sites and national sales offices, to a hotel's sales system. The new version of Meeting Broker which is in the final stages of its release, harnesses the power of the Internet to help customers expedite the delivery of leads, improve buyer response time, and capture more business.
New features found in Meeting Broker 2.0 include:
· Bi-directional communication, allowing eLeads and eResponses to be passed back and forth electronically.
· Lead Receiver Business Engine Rules, allowing Meeting Broker publishers and subscribers to automatically distribute leads to sales managers.
· Create Business Wizard, guiding subscribers through the process of assigning the business to the appropriate account or creating a new account if needed.
· Cross Reference Utility, allowing Meeting Broker publishers and subscribers to accept data into fields within Newmarket's NetDelphi products without adding to the already controlled list of values for those products.
"I am very excited about the latest release of Meeting Broker. We have listened to our customers and delivered an increase in the quality and quantity of data passing through the exchange," said Rich Matthes, Meeting Broker Product Manger for Newmarket International. "Meeting Broker now allows for more dynamic communication across the exchange with new two-way functionality and data exchange utilities. The user interface has also matured with the new Incoming eLead Referral page and the Create Business Wizard. These enhancements will improve efficiencies for hospitality sales professionals and give them more time to generate and book more business."
Previously hotels and conference centers have lacked a central source from which to track and maintain leads. Responding to leads was a slow, burdensome process of telephone calls and faxing. Often times, data would be misplaced or transcribed incorrectly. Meeting Broker enables a hotel or convention center to respond immediately to leads, to build a comprehensive database, and to merge letters, proposals, and contracts with account information.
NetXchange is the hub of Newmarket International's award-winning business solution, NetMarketplace. Using NetXchange, NetMarketplace extends an electronic connection from corporations and management companies to their franchise community, delivering the same benefits to the brand's owned or managed hotels. This connection creates the electronic global trading community, allowing branded and flagged hotels to share business opportunities with other hotels and destinations.
Meeting Broker enables hotels, CVBs, and other destination and hospitality industry entities to share information within an e-City network. e-Cities are populated via Newmarket's Meeting Broker site. Comprised of convention & visitors bureaus, hotels, event facilities and other hospitality venues, the e-City utilizes Newmarket's web-based infrastructure to link with one another so that sales leads and RFPs that arrive at a CVB can be processed and booked faster and easier. Through sophisticated sorting capabilities, qualified properties quickly received lead information.
The San Diego Convention & Visitors Bureau and San Diego's Wyndham Emerald Plaza, were the first CVB and hotel to join the e-City. Since joining the e-City, both have seen demonstrated ROI in a short period of time. "Our connection to the NetMarketplace solution allows our members to receive accurate information first and respond appropriately. San Diego has already seen a significant increase in our booking volume potential as a result," stated John Reyes, Vice President of Sales for San Diego Convention and Visitors Bureau.
"Although the Internet has in many ways altered the way business is conducted, customer service remains the most critical component to the success of any business. Meeting Broker gives you the ability to heighten the level of customer service by enabling you to respond quickly and effectively with the information needed," stated Sean O'Neill, President and CEO of Newmarket International. ." " The core of our mission at Newmarket is our customer support. We continually work to provide the solutions essential for maximizing our clients customer service and profitability.
About NetXchange Meeting Broker
Newmarket's NetXchange Meeting Broker product is the industry's first Internet-based exchange that seamlessly integrates hotel booking lead sources such as eRFP web sites and national sales offices to a hotel's sales systems. This subscription service connects buyers and sellers electronically, creating an online trading community for global hospitality.
About the San Diego Convention & Visitors Bureau
The San Diego Convention & Visitors Bureau (San Diego CVB) is a private, non-profit, mutual benefit corporation composed of approximately 1,600 member organizations, businesses, local governments, and individuals seeking a better community through the visitor industry. San Diego CVB members include tourism-related entities in such categories as lodging, dining, arts & attractions, shopping, and transportation, among others, as well as other companies indirectly involved in the visitor industry.
About Newmarket International
Newmarket International is the leader in delivering Internet solutions to the global hospitality marketplace. Because of superior technology, extensive support, domain expertise, and a commitment to the industry, we empower our customers' ability to increase efficiencies to maximize their profits. For more information, visit www.newmarketinc.com
© 2001 Newmarket International, Inc. All rights reserved.
Delphi, Breeze, and CVBreeze are registered trademarks, and NetDelphi, NetMetro, NetXchange, NetData, Delphi Multi-Property Edition, Global SFA, Functions Breeze, and CCBreeze are trademarks, and is a servicemark of Newmarket International, Inc. what about the NetMarketplace sm mark?
Additional company and product names may be registered trademarks or trademarks of their respective companies.
Shawn McDonald
Director of Marketing
(603) 430-7434
