Today we announce exciting news: StayNTouch has been acquired by MCR Investors; a premier hotel management company and the fifth-largest hotel owner-operator in the United States. MCR will retain StayNTouch as a wholly owned subsidiary operating as a separate business, with evaluations for C-level leadership and a board of directors already underway. Moreover, MCR is committing $10M in new investment over the next year to help StayNTouch deliver more value to our customers, better compete in the global marketplace, and tackle the most pressing challenges our industry faces. We know that our success is wholly dependent on the success of our customers and the industry we serve, and we are excited about the future of StayNTouch and what it has to offer. A Distinguished Portfolio of Products and Services – Customers can count on an ambitious product roadmap and a heightened level of service and support. The next phase of our innovation visions the most forward-thinking PMS on the market to meet the needs of independent hotels, mid-market brands, and enterprise companies around the world. Strategic Investments & Partnerships– We will increase investment in product development and technology infrastructure, and establish strategic partnerships to become even more competitive in the