OpenTable Inc (fka OPEN)

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OpenTable Seats 10 Millionth Diner via Mobile
Open Solutions (NASDAQ:OPEN)
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Today : Tuesday 24 May 2011
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OpenTable, Inc. (NASDAQ: OPEN; www.opentable.com), a leading provider of free online reservations for diners and guest management systems for restaurants, today announced that last month it seated its 10 millionth cumulative diner via OpenTable mobile products. Diners seated through OpenTable mobile products have now spent an estimated $400 million at partner restaurants.

Since the company introduced its first mobile offering in May 2008, OpenTable mobile products have expanded to include seven apps and a mobile-optimized website, all of which accounted for 11.5 percent of all diners seated via OpenTable in North America during the first quarter of 2011.

"OpenTable mobile is perfectly suited to help match diners on-the-go to nearby restaurants with available tables," said Scott Jampol, OpenTable Senior Director of Consumer Marketing. "OpenTable mobile products enable restaurants to attract diners who are already out on the town, traveling, exploring a new neighborhood, or simply looking to secure a great dining spot on-the-fly. Diners get the convenience of online reservations in the palm of their hand while restaurants can grow their business by filling empty seats."

"In addition to providing our guests with the convenience of booking reservations from almost anywhere, OpenTable mobile products are a key ingredient of our overall marketing strategy," said Aytac Nural, General Manager of critically acclaimed AYZA Wine & Chocolate Bar in New York City. "People have come to expect to be able do everything on their mobile devices, and the breadth of OpenTable mobile products ensures that we're accessible to diners on just about every mobile platform. Plus, mobile is critical to attracting leisure and business travelers as well as last minute diners. And even when we're booked solid, OpenTable mobile reservations are perfectly suited to help us fill those last minute cancellations."

OpenTable allows diners to find and book reservations at more than 20,000 different restaurants in multiple countries from the Web, a smartphone or an iPad. By using any of the company's mobile applications, diners can quickly and easily find available tables at nearby restaurants and make free reservations right from their phones. Diners can use the geo-location feature of their mobile device to identify restaurants near them that can accommodate their party, making it easier than ever for people who are away from their computers to enjoy the convenience of booking their restaurant reservations online.

Currently, OpenTable mobile applications (www.opentable.com/mobile) are available for Android, BlackBerry, iPad, iPhone, Nokia, Palm, and Windows. Mobile users can also book reservations via the OpenTable mobile site (http://mobile.opentable.com).

About OpenTable, Inc.

OpenTable is a leading provider of free, real-time online restaurant reservations for diners and reservation and guest management solutions for restaurants. The OpenTable network delivers the convenience of online restaurant reservations to diners and the operational benefits of a computerized reservation book to restaurants. OpenTable has more than 20,000 restaurant customers, and, since its inception in 1998, has seated more than 200 million diners around the world. The Company is headquartered in San Francisco, California, and the OpenTable service is available throughout the United States, as well as in Canada, Germany, Japan, Mexico, and the United Kingdom. OpenTable also owns and operates toptable.com, a leading restaurant reservation site in the United Kingdom.

OpenTable, OpenTable.com, OpenTable logos, toptable and other service names are the trademarks of OpenTable, Inc. and/or its affiliates

SOURCE OpenTable, Inc.