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Lane Selects RealPage’s OneSite© Web-Based Property Management System

(January 13, 2003)—RealPage, Inc., a leading provider of products and services to the multifamily industry, today announced that Lane Company has signed a five-year contract to implement RealPage’s OneSite© web-based property management system throughout its portfolio of apartment communities.

“Lane Company selected OneSite after an exhaustive analysis of the industry’s web-based property management providers,” said Bill Donges, Lane’s chief operating officer. “Given the scale of our operations at Lane, we felt that we needed a large, stable company with experience in managing mission-critical applications, and RealPage fit that requirement.”

“We will first deploy RealPage’s OneSite Screening, a comprehensive statistical outcome—based scoring system that helps filter out poor credit risks before they lease apartments,” said Donges. “The system also accesses a proprietary database of over 30 million criminal records and has extensive eviction database coverage in the Southeast.”

“In addition, OneSite Screening is tightly integrated with OneSite Leasing & Rents, the core product of the OneSite suite, which automates the leasing process from electronic guest card through execution of the final lease documents,” he added. “This integration allows prospect information to flow seamlessly from screening into the resident management process.”

Donges noted that other OneSite product centers and resources will be implemented after OneSite Screening, including OneSite Leasing & Rents, OneSite Property, OneSite Facilities with mobile work orders, OneSite Portfolio, OneSite Call Genie and OneSite Rent Genie with ACH transactions.

“We have also been testing a new Windows CE work order system that will be incorporated into OneSite Facilities,” Donges went on to say. “This system enables our maintenance technicians to pick up work orders on affordable wireless Windows CE phones that are connected to the Internet. The device supports both English and Spanish, which is very important in many of our communities. We use the system to balance both productivity and utilization of maintenance technicians and have documented improvements in efficiency in the 18—20 percent range.”

Lane Company is a fully integrated real estate company engaged in the ownership, development, acquisition, management, construction and rehabilitation of multifamily communities. It manages almost 30,000 conventional, affordable and public housing units, primarily in the Southeast.

RealPage is located in Carrollton, Texas, a suburb of Dallas. More than 21,000 apartment communities across the United States use RealPage’s products and services, which are offered in three major areas. Enterprise systems automate back-office accounting, portfolio management and revenue management of large and mid-size property owners and managers. Property management systems automate site-based business processes such as screening, leasing, rent management, maintenance and purchasing. Sales and marketing systems help capture and close more leads, thereby stimulating demand for vacant apartment units.

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