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Tad Walden
Corporate
Communications
On
Command Corporation
(720)
873-3321
twalden@ocv.com
Chuck
Ence
Investor
Relations
On
Command Corporation
(720)
873-3356
David Goldstone will head
sales group
DENVER, CO, January 9, 2003 – On Command Corporation (NASDAQ: ONCO), the leading provider of in-room interactive services, business information and guest services for the lodging industry, today announced that David Goldstone will join the company as vice president of sales effective January 20, 2003.
Mr. Goldstone brings extensive experience in sales negotiations and account management from his hospitality background to On Command. He will oversee the management of all sales functions for On Command. Most recently he held the position of national sales manager with Panasonic where sales increased ten-fold during is tenure. Prior to joining Panasonic, David held positions with Tango, USA and Gerber Goldschmidt Group.
“David’s sales, management and customer service expertise will be a great asset for
On Command,” said Chris Sophinos, president and chief executive officer of On Command.
“David’s appointment to lead a very talented sales team shows our desire to be the best service provider in the business!”
About On Command
On Command Corporation (www.oncommand.com)
is the world’s leading provider of
in-room entertainment technology to the lodging and
cruise ship industries. On Command is a majority-owned subsidiary of Liberty
Satellite and Technology, Inc. (OTCBB:LSTTA, LSTTB).
On Command entertainment services include: on-demand
movies; television Internet services using high-speed broadband connectivity;
television email; short form television features covering drama, comedy, news
and sports; PlayStation video games; and music-on-demand services through
Instant Media Network, a majority-owned subsidiary of On Command Corporation
and the leading provider of digital on-demand music services to the hotel
industry. All On Command products are connected to guest rooms and managed by
leading edge video-on-demand navigational controls and a state-of-the art guest
user interface system. The guest menu system can be customized by hotel
property to create a robust platform that services the needs of On Command
hotel partners and the traveling public. On Command and its distribution
network services more than 1,000,000 guest rooms, which touch more than 300
million guests annually.
On Command’s direct served
hotel properties are located in the United States, Canada, Mexico, Spain, and
Argentina. On Command distributors serve cruise ships operating under the Royal
Caribbean, Costa and Carnival flags. On Command hotel properties include more
than 100 of the most prestigious hotel chains and operators in the lodging industry:
Accor, Adam's Mark Hotels & Resorts, Fairmont, Four Seasons, Hilton Hotels
Corporation, Hyatt, Loews, Marriott (Courtyard, Renaissance, Fairfield Inn and
Residence Inn), Radisson, Ramada, Six Continents Hotels (Inter-Continental,
Crowne Plaza and Holiday Inn), Starwood Hotels & Resorts (Westin, Sheraton,
W Hotels and Four Points), and Wyndham Hotels & Resorts.
Certain of the above statements, other than statements relating to the
historical performance of On Command, constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements involve known and unknown risks, uncertainties,
and other important factors that could cause the actual results, performance,
or achievements of On Command, or industry results, to differ materially from
future results, performance, or achievements expressed or implied by such
forward-looking statements. Such risks, uncertainties and other factors
include, among others: general economic and business conditions and industry
trends; the regulatory and competitive environment of the industry in which On
Command operates; uncertainties inherent in new business strategies; new
product launches and development plans, including the future profitability of
such added services and the large capital expenditures involved; rapid
technological changes; the acquisition, development and/or financing of
telecommunications networks and services; the development and provision of new
services, including the customer acceptance and use rates; future financial
performance, including availability, terms and deployment of capital; the
ability of vendors to deliver required equipment, software and services;
availability of qualified personnel; changes in the nature of key strategic
relationships with hotel chains and their franchises, including the renewal of
existing agreements on favorable terms; and competitor responses to On
Command's products and services, and the overall market acceptance of such
products and services. These factors are also discussed in On Command’s filings
with the Securities and Exchange Commission, including its recent filings on
Form 10-K and Form 10-Q. These forward-looking statements (and such risks,
uncertainties and other factors) speak only as of the date hereof, and On
Command expressly disclaims any obligation or undertaking to disseminate any
updates or revisions to any forward-looking statement contained herein, to
reflect any change in On Command's expectations with regard thereto, or any
other changes in events, conditions, or circumstances on which any such
statement is based.
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