Lodgical Solution PMS and RateBoard completed the implementation of a two-way interface and are pleased to announce that we already have several properties interested in making use of this new interface. Adding the revenue management intelligence offered by RateBoard will help existing Lodgical customers and is sure to provide new interest and sales in both products. RateBoard has provided a few demos to properties in the States, and we already have signed contracts for pilot properties, which are to be onboarded within the next few weeks. The interface not only provides hotels the ability to automatically compare rates between other properties in their area, but our systems will intelligently adjust the properties rates, making sure that they are selling their rooms at the most optimal price point.

The Lodgical Team is also maintaining their proactive approach is providing their users the highest level of data security possible. Lodgical Vault just completed its annual PCI Level One recertification, and Lodgical CRS is currently going through PCI S3 certification. This new certification will provide Lodgical CRS the ability to hold a certificate of compliance for the new standard of PCI Software Security Framework (SSF).