InfoGenesis Press Room
InfoGenesis develops and markets POS, point of sale, application solutions for the hospitality and foodservice industry. Point-of-sale by InfoGenesis combines a functionally rich POS application and comprehensive Point of Sale software with the most advanced point-of-sale technology available. InfoGenesis provides solutions to customers who operate hotels, resorts, casinos, cruise ships, theme parks, restaurants, and managed foodservice venues.

• Agilysys Completes Acquisition of InfoGenesis
  Agilysys, Inc. (NASDAQ: AGYS), a leading provider of innovative IT solutions and hospitality software solutions, today announced it has completed its acquisition of InfoGenesis, a privately held, independent software vendor (ISV) and solution provider to the hospitality market.
  
  At approximately $42 million in annual revenues, InfoGenesis offers enterprise-class point-of-sale (POS) solutions that provide end users a highly intuitive, secure and easy way to process customer transactions across multiple departments or locations, including comprehensive corporate and store reporting. InfoGenesis has a significant presence in casinos, hotels and resorts, cruise lines, stadiums and foodservice. The company will be integrated into Agilysys' existing hospitality solutions business.
  
  The combined portfolio of products from Agilysys and InfoGenesis offers hospitality clients worldwide a single source for all their operational technology needs. The acquisition will also provide Agilysys a competitive advantage with seamless integration between property management, POS, and inventory and procurement, in addition to its golf and spa management applications. Lastly, Agilysys will have the opportunity to develop powerful solutions with the combined resources that will enable its customers to increase guest loyalty and profitability.
  
  Arthur Rhein, chairman, president and chief executive officer of Agilysys, said, "The addition of InfoGenesis is highly complementary to our hospitality solutions offering and keeps with our strategy to acquire companies with differentiated value that will enhance our product and services offerings, broaden our customer base and expand our markets."
  
  The purchase price of $90 million was funded by cash on hand.
  
  Forward-Looking Language
  Portions of this release, particularly the statements made by management and those that are not historical facts, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current assumptions and expectations, and are subject to risks and uncertainties, many of which are beyond the control of Agilysys. Many factors could cause Agilysys' actual results to differ materially from those anticipated by the forward-looking statements. These factors include those referenced in the Annual Report on Form 10-K or as may be described from time to time in Agilysys' subsequent SEC filings.
  
  Potential factors that could cause actual results to differ materially from those expressed or implied by such statements include, but are not limited to, those relating to Agilysys' long-term financial goals, anticipated revenue gains, sales volume, margin improvements, cost savings, capital expenditures, depreciation and amortization, and new product introductions.
  
  Other associated risks include geographic factors, political and economic risks, the actions of Agilysys' competitors, changes in economic or industry conditions or in the markets served by Agilysys, and the ability to appropriately integrate and derive performance from acquisitions, strategic alliances, and joint ventures.
  
  In addition, this release contains time-sensitive information and reflects management's best analysis only as of the date of this release. Agilysys does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Information on the potential factors that could affect Agilysys' actual results of operations is included in its filings with the Securities and Exchange Commission, including, but not limited to, its Annual Report on Form 10-K for the fiscal year ended March 31, 2007. Interested persons can obtain it free at the Securities and Exchange Commission's website,
• The Venetian Macao Resort-Hotel Selects InfoGenesis as Their Point-of-Sale Technology Provider
  InfoGenesis, the leading hospitality technology company in the United States, has been selected as the point-of-sale (POS) technology provider for The Venetian Macao Resort-Hotel. This partnership follows a rigorous selection process and underscores InfoGenesis' commitment to the rapidly growing Macao market.
  
  Opening this summer, The Venetian® Macao will be one of the largest hotels in Asia, featuring 3,000 all-suite rooms, 1.2 million-square-feet of meeting, convention and exhibition space, world-class entertainment in a 15,000-seat arena, and more than one million square feet of premium retail space. The vast scale and diversity of the project requires the implementation of highly integrated and flexible POS technologies.
  
  "We went through a very thorough selection process identifying the technology partners that we will rely on for success," said Blake Rampmaier, Director of Information Technology for The Venetian® Macao. "The InfoGenesis solution fits our needs for ease-of-use, reporting, customer service, and integration with our other software systems. We believe this collaboration will make an immediate impact on our ability to deliver the quality of experience our guests expect."
  
  "We are extremely pleased and excited to be working with The Venetian® Macao on the opening of this tremendously important project," said Mark Tapling, President and CEO of InfoGenesis. "With robust functionality, powerful integration, multi-lingual support, and a proven track record of success at major hotel, resort, and gaming properties worldwide, InfoGenesis is perfectly suited for the unique needs of this incredible new property and the rapidly expanding market in Macao."
• Agilysys Signs Definitive Agreement to Acquire InfoGenesis
  $42 Million Independent Point-of-Sale Software Vendor and Solution Provider
  Further Strengthens Agilysys Hospitality Market Position
  Expands Customer Base and Increases Software Application Offerings
  Reinforces Agilysys Aggressive Long-Term Growth Strategy as a Solution Provider
  
  BOCA RATON, Fla. - June 4, 2007 - Agilysys, Inc. (NASDAQ: AGYS), a leading provider of innovative IT solutions and hospitality software solutions, today announced it has entered a definitive agreement to acquire InfoGenesis, a privately held, independent software vendor (ISV) and solution provider to the hospitality market. Based in Santa Barbara, Calif. and at approximately $42 million in annual revenues, InfoGenesis offers enterprise-class point-of-sale (POS) solutions that provide end users a highly intuitive, secure and easy way to process customer transactions across multiple departments or locations, including comprehensive corporate and store reporting.
  
  
  InfoGenesis has significant presence in casinos, hotels and resorts, cruise lines, stadiums and foodservice. The acquisition will provide Agilysys a complementary offering that will extend its reach into new segments of the hospitality market, broaden its customer base and increase its software application offerings.
  
  "With some of the world's leading properties as customers, the acquisition of InfoGenesis will further strengthen Agilysys' market position in the hospitality industry," said Arthur Rhein, chairman, president and chief executive officer of Agilysys. "The acquisition will also provide us a competitive advantage with enhanced levels of integration between property management, POS, and inventory and procurement systems, as well as our golf course and spa management applications. Over the years, we have worked closely with InfoGenesis at a number of mutual customer locations and together will market a powerful single-source solution that enables properties to increase guest loyalty and overall profitability."
  Over the trailing 12 months ended March 31, 2007, InfoGenesis generated revenues of approximately $42 million and earnings before interest, taxes, depreciation and amortization ("EBITDA") of approximately $7 million.
  
  The purchase price of $90 million will be funded by cash on hand. The transaction is expected to close mid-to-late June, subject to, among other things, the satisfaction of customary closing conditions.
  
  In addition to its California headquarters, InfoGenesis has a customer operations and support center in Las Vegas. The company has approximately 170 employees.
  
  Rhein added that today's announcement continues the company's recent aggressive acquisition activity.
  Over the last six months, this is the second acquisition Agilysys has made in the hospitality IT market and the fourth overall. Recently announced transactions include:
  
  Innovativ Systems Design, an integrator and value-added reseller of servers, enterprise storage management products and professional services, and the largest U.S. commercial reseller of Sun Microsystems servers and storage products;
  
  Stack Computer, a premier technology integrator with a strong focus in high availability storage infrastructure solutions; a