PhoCusWright Press Release

PhoCusWright Inc. PRESS RELEASE
FOR IMMEDIATE RELEASE

Contact:
Philip Wolf, PhoCusWright
+1 860 350-4084 x110
email pwolf at phocuswright-dot-com

Mike McCormick, Hudson Crossing
+1 212 845-9893 x802
email mike-dot-mccormick at hudsoncrossing-dot-com

ANNOUNCING HUDSON CROSSING - THE STRATEGIC ADVISORY FIRM FOR THE TRAVEL INDUSTRY
PhoCusWright Inc. and Hudson Crossing join forces to launch first ever advisory practice leveraging industry leading market research and intelligence.

Sherman, Conn. and New York City, NY USA, March 21, 2007 -- Hudson Crossing, a new advisory firm devoted to helping business owners raise the financial performance of their travel, tourism and hospitality assets today launched its brand and business focused on the travel industry. Hudson Crossing will leverage the strength of its deep industry experience to deliver a new level of advisory services in partnership with the unparalleled research and expertise of PhoCusWright.

Hudson Crossing provides strategic advisory services for a specific set of business challenges - including start up, course correction, turnaround and optimization. Unique in the industry, Hudson Crossing's advice is practical, direct and grounded by years of hands-on operational experience in large and small travel industry enterprises. Hudson Crossing's clients will also benefit from PhoCusWright's unique data and research, the most credible source for information in the travel, tourism and hospitality industry.

With proven expertise in strategy, M&A, asset utilization, sales and marketing, product development and technology, Hudson Crossing leverages these integrated capabilities for every client engagement. The firm employs a highly collaborative approach with clients to explore and execute bold ideas. The result enables clients to unlock the full potential of their business model and drive sustainable growth. Hudson Crossing is supported by an extensive global network of experts that deliver the results necessary to achieve the desired business outcome.

"With the ever increasing expectations of ownership, the status quo is no longer acceptable," said Mike McCormick, Hudson Crossing managing partner. "I am proud to announce the formation of this team - and the creation of this groundbreaking partnership with PhoCusWright."

Joining Mr. McCormick are five industry veterans who bring a wealth of industry experience and unique skill sets to the team: Tom Christopoul (chairman), Tom Botts (partner), Andy Hermo (partner), George Roukas (partner), and Ed Silver (partner). For more detailed biographies, please visit www.hudsoncrossing.com/our_team.html

"Companies are re-tooling their strategies at the fastest pace since the Internet wave of the last decade," said Philip Wolf, PhoCusWright's president and CEO. "Hudson Crossing will deliver unmatched strategy and advice for the travel, tourism and hospitality industry."

About Hudson Crossing
Hudson Crossing is a strategic advisory firm devoted to helping business owners improve the financial performance of their travel, tourism and hospitality assets. Through the execution of bold ideas, Hudson Crossing's team of experienced industry executives bridges the gap between plan and performance, helping companies achieve important growth metrics through business assessment, course correction and translating strategy into outcome. More information can be found at www.hudsoncrossing.com.

About PhoCusWright Inc.
PhoCusWright Inc. is an independent travel, tourism and hospitality market research firm specializing in consumer, business and competitive intelligence that improves sales, marketing and product development. PhoCusWright conducts and publishes primary work focused on segmentation, sizing, forecasting, trends and recommendations; its insight and analysis bring the voice of consumers into a company's strategy. PhoCusWright also produces a series of high-profile conferences where savvy executives engage, debate and define new realities. With pioneering roots in revealing the market's notable online sector, clients now emanate from six continents across all facets of the industry's value chain and they use PhoCusWright's information on a daily basis.More information can be found at www.phocuswright.com.

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