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RSI Signs Contract with The Siegel Group Nevada, Inc.

Posted on: 17-Jan-2008 12:00AM
(North Vancouver, BC) – January 17, 2008, 9:00am PST – RSI International Systems Inc. (“RSI”) (TSX Venture Exchange: RSY), today announced that it has signed an agreement with The Siegel Group Nevada, Inc., to become their exclusive property management software provider. Thirteen (13) Siegel Suites properties will begin implementation of RoomKey© PMS, RSI’s web based property management solution, in the first quarter of 2008. Additional locations are expected to begin using RoomKey PMS before the end of this year.

Siegel Suites™, a Registered Trademark of The Siegel Group Nevada, Inc., is a growing chain of extended stay properties and has chosen RSI’s RoomKey web based PMS for its ease of use and multi-property functionality.

“Siegel Suites is excited about our decision to go with RoomKey PMS and we are looking forward to establishing a long and mutually beneficial relationship with RSI” said Stephen Siegel, President of The Siegel Group Nevada, “RoomKey PMS offers a number of benefits that address our key operating challenges. The software provides a flexible, easy to use property management solution that facilitates efficiency and offers simple scalability for future growth.”

Mr Charles Ku, President & CEO of RSI states “We are very excited about our new partnership with Siegel Suites. This is yet another great opportunity for us to showcase our services, features, & benefits of our RoomKey PMS in a multi-property environment. We welcome them to our growing family of international clients.”

About The Siegel Group Nevada, Inc.

The Siegel Group Nevada, Inc., a Commercial Real Estate & Business Development Company with offices located in Las Vegas, Nevada, and Studio City, California, is a full-service real estate investment and development company founded by Stephen Siegel with expertise in acquisitions, financing and development, and property management, leasing and rehabilitation. The Company’s Real Estate Division manages the firm’s acquisition, disposition, and development of commercial real estate, a portfolio comprised of multi-family and Flexible-Stay units, commercial shopping centers, office buildings, and hotel developments. For more information on The Siegel Group Nevada, Inc., and its affiliates, visit the Company’s website at www.siegelcompanies.com.

About Siegel Suites

Siegel Suites, a registered trademark of The Siegel Group Nevada, Inc., was formed by Stephen Siegel to manage and brand his multi-residential holdings. With a portfolio of traditional apartment units and Flexible-Stay residences, Siegel Suites is able to provide quality accommodations with a host of amenities to customers seeking short and long-term accommodations with a number of properties offering fully furnished units and complimentary utilities. With thousands of units throughout Nevada, Siegel Suites is quickly becoming the largest provider of multi-family accommodations in Las Vegas.

On behalf of the board, Charles Ku, President, CEO

For further information call: Mr. Ron Baldwin, Director/Officer, 1-604-880-6865

This Media Release may contain forward-looking statements, which reflect the Corporation’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual events could differ from those projected herein and depend on a number of factors including the success of the Corporation’s sales strategies.

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