Ohana Enterprises and RestauranTech Combine to Form Hospitality Tech Inc.

Ohana Enterprises, Inc. today announced that the company plans to change its name to Hospitality Tech Inc. (HTI). Ohana recently completed the acquisition of RestauranTech, a leading provider of service-enhancing technologies to the hospitality sector. The name change is subject to shareholder approval and the completion of regulatory filings.

HTI creates customized solutions for clients utilizing industry best-in-breed software and hardware, and the company's own proprietary technology and services. The company has extensive experience designing, implementing and supporting a wide range to hospitality-focused technology solutions including Wireless Fidelity "Wi-Fi." From web site design and guest loyalty programs to technical support and HR management, HTI offers a cohesive offering that allows for rapid implementation, improved customer service and significant cost savings.

"We are pleased to have completed the acquisition of RestauranTech and re-brand ourselves as Hospitality Tech Inc.," said Brett Martin, HTI's chief executive officer. "We are actively pursuing additional strategic acquisitions that will complement our current technology and service offerings and supplement our organic growth with an immediate, impactful revenue stream."

The name HTI will reflect branding towards a broader market encompassing, in addition to restaurants, but the entire travel and tourism industry, including hotels and casinos. With the number of "Wi-Fi" users rising from 1.6 million last year to 4.7 million this year and an estimated 17.5 million by 2005, the hospitality sector will be required to adopt these new technologies to enhance customer service and to gain competitive advantage.

Hospitality Tech Inc. (HTI) is a leading provider of service-enhancing technologies to the hospitality sector. The company provides a cohesive offering that allows for best-of-breed implementation, improved customer service and significant cost savings. HTI's suite of solutions includes Hardware & Software Support, Wireless or Wired Internet Services, Web Site Hosting & Design, Gift Card Programs, Guest Loyalty & CRM Programs, POS Systems & Support and Communication Systems.