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Propertyware Named 2010 Editors Choice for Best Property Management System

Personal Real Estate Investor Magazine Selects Propertyware for Prestigious Award

(May 12, 2010)—Propertyware, a leading provider of on-demand software services to the single-family real estate market, and a wholly owned subsidiary of RealPage, Inc., announced today it has been chosen as the “2010 Editors Choice for the Best Property Management System” by Personal Real Estate Investor Magazine. This prominent award recognizes Propertyware’s commitment to its customers and innovation in property management technology solutions.

“The choice was easy,” said Andrew J. Waite, publisher of Personal Real Estate Investor Magazine. “Propertyware offers owners (the property manager’s customers) the ability to access real-time data, anytime, anywhere.”

Personal Real Estate Investor Magazine bases the award on careful analysis of industry leadership and customer demand, as well as quality of the product itself. Based on these factors, and formidable growth, Propertyware was selected as the leading property management system in the market today.

“Propertyware delivers a total property management package,” says Waite. “It comes complete with marketing, accounting, profitability analysis, tenant/owner support, work order management and beyond. It offers the tools our readers have been asking for while making the manager more cost effective to ensure their rental investments are successful and profitable. A property manager not using these tools is almost certain to be less efficient and more expensive.”

“We are honored to be the recipient of the 2010 Editors Choice Award for Best Property Management System,” said Sina Shekou, president of Propertyware. “The recognition from the industry and our customers is a testament to our daily commitment to our staff, customers and partners. We are fully dedicated to delivery of high quality solutions and are even more motivated to develop new ideas to better serve our customers with new functionality and tools.”

For more information about Propertyware, visit www.propertyware.com. To schedule an interview with a Propertyware executive, please contact Michelle Peters at michelle.peters@realpage.com or
(972) 820-4856.

About Propertyware
Located in San Francisco, California, Propertyware pioneered property management solutions for single-family and low density rental units through a full suite of on-demand property management tools that are self-provisioning. Propertyware features a full suite of integrated property management services: a real-time customized, hosted website; online payment processing via credit/debit cards and eChecks; work order management; customer portals; and accounting — all in one easy-to-use solution. For more information or a no obligation free trial, visit Propertyware at www.propertyware.com.

About RealPage
Located in Carrollton, Texas, a suburb of Dallas, RealPage provides on-demand software solutions and services to the rental housing industry including a wide range of multifamily property types as well as single-family properties. 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. Through its Propertyware subsidiary, RealPage also provides on-demand software solutions to single-family rentals and low density, centrally-managed multifamily housing. Through its recent acquisition of certain assets of Domin-8 Enterprise Solutions, Inc., RealPage is adding additional property management systems with Tenant Pro, Spectra, i-CAM and other software solutions. Finally, RealPage also offers Infrastructure-as-a-Service to multifamily owners and operators to reduce IT costs and dramatically improve integration performance and reliability. For more information, call 1-87-REALPAGE or visit www.realpage.com.

About Personal Real Estate Investor Magazine
Personal Real Estate Investor Magazine is a national newsstand magazine that serves individual real estate investors by helping them find, make and save money on their real estate investments. Published since 2003 PREI has become the magazine of record for a segment of average Americans that invests around $300 billion a year (2008 The Invaluable Investor Study) in buy and hold rental investments. www.PersonalRealEstateInvestorMag.com

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