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BirchStreet Signs Interstate Hotels And Resorts

BirchStreet Systems Announces the Signing of a Multi-Year Software License and Hosting Agreement with Interstate Hotels and Resorts

Newport Beach, Calif., April 15, 2003 - BirchStreet Systems, provider of leading electronic procurement solutions and Interstate Hotels and Resorts, one of the largest hotel companies in the US, has entered into a software license and hosting agreement to utilize BirchStreet's v7 e-procurement system for all Interstate hotel properties. In addition to providing the software, BirchStreet will provide hosting services, support, training and integration services.

About Interstate Hotels and Resorts, Inc.

Interstate Hotels & Resorts is the nation's largest independent hotel management company. It was formed in August 2002 as a result of the merger of MeriStar Hotels & Resorts and Interstate Hotels Corporation. The company is headquartered in Arlington, VA.

About BirchStreet Systems, Inc.

BirchStreet Systems provides leading e-procurement solutions. The company's v7 e-procurement solution provides unheard of flexibility and customization capabilities specially designed for large, distributed organizations.

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Karin Wacaser
BirchStreet Systems
214.215.8605

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