Trading Places International Extends Partnership with TimeShareWare to facilitate Unprecedented Growth

8/3/2009

Laguna Niguel, California – Trading Places International (TPI) and TimeShareWare (TSW) are pleased to announce that TPI has extended their contract with TSW for an additional five years. This renewed and enhanced agreement will provide the crucial technology platform TPI will need to support their ongoing growth.

Mike Kizerian, TPI’s CFO, said of the new agreement, “We have had a long-standing relationship with TSW for the past nine years. This new agreement will strengthen our partnership by enhancing our growth options and flexibility in overall costs and efficiencies. TSW has shown their commitment and willingness to be a proactive technology partner with TPI. As our company approaches unprecedented growth, this strategic partnership will play an even greater significance in our overall success.”

Kraig Woodrow, TPI’s CIO, commented, “Our technology partners play a big role in how we develop cost effective systems and business strategies. TSW showed us they have the financial strength to weather these challenging economic times with sound, cost effective products while delivering high quality business development ideas. Trading Places reached out and TSW responded with more than just software. Their willingness to stand beside us with a shared business mind-set will only mature as we grow our successful businesses together.

Woodrow continued, “We look forward to our renewed and focused relationship, giving Trading Places a software foundation that will enforce our entrepreneurial business model while leveraging this technology as a strategic business tool.”

Jerry Sandorf, COO of TSW, praised the new agreement. “We’re excited to move ahead with our TPI relationship in a positive, forward-looking manner. With the significant growth we both expect over the next several years, this opportunity to link arms with TPI in more significant technology projects has invigorated our already long-standing relationship.”

With the extension agreement in place, TPI will be upgrading to TSW Professional 2009, TSW’s latest software release for mid to large-sized clients.

About Trading Places International

Trading Places International is an independent resort management firm providing a full spectrum of vacation services to over 100,000 vacation interval owners, as well as resort associations and resort developers. The Company professionally manages 22 resorts and associations, and offers vacation exchanges and rentals to over 500 resorts. TPI also houses a full-service travel agency.

TPI established a presence in South America with its 2006 addition of the Trading Places Latin America (TPILA) office in Mar del Plata, Argentina. The company continues on its path toward global expansion, making it a truly international entity. Visit their website at: www.tradingplaces.com

About TimeShareWare:

TimeShareWare is the industry standard software platform for shared-membership, mixed use resorts. Since 1993, TimeShareWare has served all sizes and types of vacation membership associations, fractional membership properties, condo-hotel, and timeshare resorts including multi-site, single-site, and points-based clubs. The TimeShareWare software platform includes solutions for lead management, sales and marketing, member accounting, property management, reservations, and web-based member servicing. Visit their website at: www.timeshareware.com

Contact: Candace Vigil
Business Development Manager
sales@timeshareware.com
(801) 444-5204

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