Aloha Technologies purchases Fabco Systems

Aloha entering the Property Management System (PMS) industry

BEDFORD, TX -- Aloha Technologies, makers of Aloha point-of-sale software and information solutions, announced today that they have acquired Fabco Systems, a leading supplier of property management systems (PMS) in the hotel and lodging industries. Already one of the top point-of-sale (POS) companies in the foodservice market, Alohas purchase of this PMS solution provider is predicted to secure the companys reputation for being the leading solution provider in the hospitality industry.

This is a very exciting development for Fabco Systems," said company president Chuck Fabian. Aloha has a reputation for excellence and we are pleased to be joining such an outstanding organization."

We are confident that the acquisition of this prominent, successful PMS solution provider is another step in broadening the areas of the hospitality industry that we serve," said Aloha president and CEO Manny Negreiro. Aloha Technologies is now positioned to become a total solutions provider for the industry, which is the next step in the evolution of Aloha as a technology industry leader. We are looking forward to meeting this challenge and exceeding expectations."

Based in California, Fabco Systems is a leader in PC-based property management software for the hospitality industry. The company specializes in systems for hotels, resorts, condominium and timeshare properties, with a focus on providing service to end-users of their products, and developing custom applications for property management companies. In partnership with NASA engineers, Fabco Systems developed the first version of the solution in 1979. Since then, the product has developed into a powerful, richly featured property management product line.

Fabco software can currently be found across the globe in hotels, motels, bed & breakfasts, timeshares, condominiums, dormitories and more, with clients ranging from four-star hotels to the Royal Air Force. Fabco PMS software offerings include: LodgemasterPMTM, CondomasterPMTM, and SharemasterPM TM, as well as a wide variety of add-on modules and standard hotel interfaces.

About Aloha: Aloha Technologies, based in Bedford, Texas, is a privately held software and information solutions company that provides a comprehensive suite of point-of-sale solutions to the foodservice and hospitality industries. The Aloha family of software and services includes Aloha TableService, Aloha QuickService, Aloha Back Office Solutions, Aloha Enterprise.com and others. For additional information, call (800) 79-ALOHA, or visit www.alohapos.com.

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For more information, Please contact
Aloha Technologies' PR Manager
Amanda Foster at 817.252.9499 x3317