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RealPage to Offer Hilgraeve’s DropChute

(June 7, 1999) – RealPage, Inc., the leading provider of multifamily property management software and services, has announced that it has closed a joint marketing deal with Hilgraeve, Inc. to offer its workflow automation software, DropChute Enterprise, to its real estate customers. DropChute Enterprise will allow customers to transfer files securely and easily using the Internet, intranets, or modem-to-modem connections.

“We see DropChute Enterprise as an important offering for our customers, allowing them to more easily and efficiently exchange data between home offices and property sites,” said Jim Melson, president and chief executive officer of RealPage.

Hilgraeve Inc. is a leading solution provider and strategic ally in meeting mission-critical communication needs of businesses.

RealPage, Inc. offers products and services to handle the entire management process for both affordable and conventional properties, including applicant screening, accounting, budgeting, property management, facilities, marketing, and compliance reporting. Its DOS and Windows products operate on a range of standard platforms, including Windows 95 and Windows NT. The company also develops and delivers proprietary Web-based applications that enhance client information management capabilities.

RealPage is headquartered in Carrollton, Texas. The company was formed from the December 1998 merger of Rent Roll, Inc., a Dallas-based company offering multifamily management software, and RealPage Communications, Inc., the leading provider of Internet solutions to the real estate industry.

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