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LodgeNet Interactive to Present at the CL King Best Ideas Conference
Date:9/15/2009

e Initiatives:

  • LodgeNet recently passed an industry-leading milestone of providing high-definition television (HDTV) programming to approximately 300,000 rooms, including 200,000 rooms installed with its High-Definition Advanced video on demand platform, allowing hotel guests to enjoy Hollywood movies in high definition clarity.
  • Recently announced collaborative relationships with a variety of technology leaders, among them one for the LodgeNet IPTV+ platform, which incorporates the power of the Apple(R) Mac Mini into the LodgeNet interactive television system.
  • LodgeNet's Healthcare division recently signed its 50th hospital contract. Recent new contracts include prestigious Morgan Stanley Children's, ranked among the top children's hospitals by US News & World Report, and the award-winning Indiana Orthopaedic Hospital.
  • The Hotel Networks is expanding its innovative media programming with the addition of the Japan Broadcasting Corporation's English-speaking NHK World Channel to its SuperBlock offering as well as Luxury Explorer, which offers local interest and customized hotel programming for high-end hotel properties, as one of its Interactive Channels.

"The Third Quarter is generally tracking in-line with our expectations," continued Petersen. "We have seen some improvement in Guest Entertainment during the quarter but softness continues in business travel and capital spending by our hotel customers. September tends to be a difficult month to predict Guest Entertainment revenue because of the seasonal transition from leisure to business travel; however, we currently believe we will report third quarter Revenue and Adjusted Operating Cash Flow at around the low end of our guidance range, while Free Cash Flow will be within our original expectations."

"With our strategic acquisitions in 2007 and the more efficient oper
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SOURCE LodgeNet Interactive Corporation
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