Mumbai, Dubai, January 2007

ResAvenue, the online hospitality solution announced today that it has added a new member to the ResAvenue family - Coral International LLC. Coral International Hotels, Resorts & Spas has grown rapidly since its creation in September 2003, and now has six beautiful properties under its umbrella. Coral International, which was officially, launched by His Excellency Sheikh Mohammed bin Faisal Al Qassimi, Chairman and CEO, Manafa and Vice-Chairman, Coral International Hotels, Resorts & Spas.

ResAvenue is a complete online hospitality solution that will plug directly into The Coral International’s website, and will provide them with access to the following features:

• Free connectivity to major Global Distribution Systems like Amadeus, Galileo, Sabre, and Worldspan and thousands of Internet Distribution Systems
• Administrative and Backend Management tools
• Search Engine Marketing Services
• Global Agent Commission Payment System
• Voice Reservation Services – Private Label and General
• Internet Booking Engine - with built-in multi-currency payment gateway
• Widest range of Credit Card and net banking payment options 
• Free ResAvenue training
• 24 x 7 Online Chat Support

Mr. Vishal Ajwani, Manager, Marketing of ResAvenue said, “We are pleased that Coral International has chosen ResAvenue as their complete hospitality provider. We hope our wide range of services will lead to a long and mutually profitable relationship with them.”

About Coral International

Founded in 2003, Coral International LLC follows a targeted course of expansion, with a product mix made up of hotels, boutique hotel apartments, and resort properties across the Middle East. Coral International continues to lead luxury hospitality with innovative enhancements and an accent on being elegantly unusual in a market that is crowded with the common place.

Dubai Coral International Hotels, Resorts & Spas brought together three extraordinary men: His Excellency Sheikh Faisal bin Sultan Al Qassimi, His Excellency Sheikh Mohammed bin Faisal Al Qassimi and Michel P.J. Noblet. For more information, log on to: www.coral-international.com

About Avenues

Avenues’ the Holding Company for a number of e-Ventures aims at providing end-to-end solutions for a variety of industry verticals. It is the largest eCommerce solutions provider in South Asia. It has offices in India, Singapore, Hong Kong – China and USA, including a support and development center based in Mumbai, India.

Its e-Venture ‘ResAvenue’ provides an advanced hotel industry transaction processing solution and e-commerce services in a single cost-effective package. This will help Hoteliers achieve better profitability, market their hotel on the Internet more easily and allow them to focus on their core competency - delivering a superb guest experience. The Solution is scalable and works equally well for both small bed-and-breakfast property and a large chain of properties. With ResAvenue, Hoteliers can stay ahead of the competitors and capture new market share with an effective Online Distribution Strategy. For more information, log on to: www.resavenue.com