Equity Residential Selects RealPage as Its Military Software Platform


(January 28, 2010) — RealPage, Inc., (www.realpage.com), a leading provider of on-demand software and services to the real estate industry, and Equity Residential (NYSE: EQR) today announced that OneSite® Military Housing from RealPage has been selected by Equity Residential as the software platform for the Joint Base Lewis-McChord located in Washington state.

Beginning February 1, 2010, OneSite will become the system of record for Lewis-McChord Communities LLC, managed by Equity Residential. RealPage won the contract following an intense, month-long evaluation between OneSite Military Housing and the current platform.

“We were impressed with the rigor and scope of the evaluation,” said Dave McKenna, director for military markets at RealPage. “The structured trial exercised all of the features and integration points of our software system. It put us all to the test and we are proud of our accomplishment.”

Joint Base Lewis-McChord, located 60 miles south of Seattle, maintains 4,700 units of family housing in 16 residential neighborhoods. The Lewis-McChord RCI family housing project is the recipient of numerous awards, including the 2007 Excellence in Home Design Award from the National Association of Home Builders, and is a three-year recipient of the Energy Star Award.

For more information about OneSite Military Housing software, visit www.realpage.com/military. To schedule an interview with a RealPage executive, please contact Linda Graham at linda.graham@realpage.com or (972) 820-3518.

About RealPage
Located in Carrollton, Texas, a suburb of Dallas, RealPage provides Software-as-a-Service products and services to more than 30,000 apartment communities across the United States. Its six on-demand product lines include OneSite® property management systems that automate the leasing, renting, management, and accounting of conventional, affordable, tax credit, student housing, and military properties; CrossFire® sales and marketing systems that boost occupancy and build retention; YieldStar® asset optimization systems that maximize asset valuation and investment return; Velocity utility management systems that accelerate payments for resident charges; LeasingDesk® risk mitigation systems that reduce a community’s exposure to risk and liability; and OpsTechnology spend management systems that help owners manage and reduce operating expenses. For more information, call 1-87-REALPAGE, or visit www.realpage.com.

About Equity Residential
Equity Residential is an S&P 500 company focused on the acquisition, development and management of high quality apartment properties in top U.S. growth markets. Equity Residential owns or has investments in 496 properties located in 23 states and the District of Columbia, consisting of 137,489 apartment units. For more information on Equity Residential, please visit our website at www.equityresidential.com.