RealPage Press Release

New Software from RealPage Addresses Student Living Requirements

CARROLLTON, Texas, November 17, 2005—RealPage, Inc., a leading provider of on-demand software and services to the multifamily industry, announced today that it has expanded its product offering with a new product for student housing properties, OneSite Leasing & Rents Student Living, which is now available in general release.

OneSite Leasing & Rents Student Living is equipped with new functionality that will help improve the efficiency of site personnel. The primary focus is to provide bulk processing functionality for the leasing, move-in, move-out and renewal processes.

“Student housing properties will benefit from this product by reducing the amount of time it takes to perform tasks for individual students by performing these tasks in bulk,” said Leslie Turner, vice president of conventional property management for RealPage.

OneSite Leasing & Rents Student Living was introduced in July during the 2005 RealPage User Conference. JPI Companies, an Irving-based property management company, was an integral part of the development and acceptance testing of the product and participated in its debut at the conference.

“RealPage has successfully worked to understand the student living business and develop a product that addresses the fundamental needs of student living owners and managers,” said Woody Stone, assistant vice president of technology services at JPI Companies.

“Ultimately, we believe that the system provides greater visibility into our key metrics, and that the efficiencies will allow us to focus on better servicing our customers," said Stone.

OneSite Leasing & Rents Student Living is part of OneSite, RealPage’s integrated on-demand property management systems that automate the entire process of leasing, renting and managing apartments, including fast and easy applicant screening, simplified purchasing and expense controls, professional accounting and convenient online rent payment.

About RealPage
Located in Carrollton, Texas, a suburb of Dallas, RealPage provides property management products and services to more than 20,000 apartment communities across the United States. It currently has four major product lines: OneSite® on-demand property management systems that automate property management functions while providing real-time access to important data; CrossFire® on-demand property marketing systems that automate and enhance the process of capturing and entering leads; YieldStar™ on-demand asset management systems that help owners and managers optimize asset values through revenue management, portfolio management and market intelligence and Velocity™ utility management and billing services that help accelerate payments for rent, utility charges, late fees and small balances. For more information, please call 1-87-REALPAGE.

Contact:
Andrea Massey
RealPage, Inc.
4000 International Parkway
Carrollton, Texas 75007
(972) 820-3150
e-mail: Press Release