Business Services Industry
Geac Computer Corporation Limited: AMSI and YieldStar Technology Join Forces to Offer Integrated Solutions to Property Management Companies
Business Wire, Jan 15, 2001
Business Editors
CHARLOTTE, N.C.--(BUSINESS WIRE)--Jan. 15, 2001
AMSI, a division of Geac Computer Corporation Limited (TSE:GAC.) and YieldStar(TM) Technology LLC, the market leader in comprehensive online yield management solutions to the multifamily real estate industry, today announced they have entered into a strategic alliance.
Under the agreement, AMSI and YieldStar will integrate their software solutions and offer a comprehensive integrated system to their respective customers aimed to streamline business operations, increase cash flow and maximize overall profitability.
According to Mike Mullin, General Manager of AMSI, "By integrating our EVOLUTION on-site web-based operations system with YieldStar's state-of the-art technology, we can provide a unique and innovative way for our clients to increase funds from operations while managing their properties and accounting systems."
AMSI has more than twenty years of experience delivering feature-rich, mission critical, business applications and services to the property management industry's largest and most demanding organizations. The unique combination of YieldStar's sophisticated yield management system and AMSI's EVOLUTION web-based products not only offers clients an integrated business solution, but provides potential customers with a comprehensive set of tools necessary to succeed in today's complex and competitive marketplace. This alliance, and its solution integration, will allow owners and managers of multifamily properties to increase revenues, control costs and increase return on investment.
"As the market leader in delivering yield management solutions, it is YieldStar's strategy to partner with best-of-breed vendors as we continue to expand our offerings," said Jennifer Nevitt, Chief Executive Officer of YieldStar Technology. "The AMSI system lends itself well to our business model and complements it with additional services for our current and future customers."
About AMSI
Based in Houston, Texas, AMSI is one of the nation's leading providers of property management software and services to the owners and managers of multifamily and commercial properties. AMSI products and services manage more than 13,000 properties throughout the United States. AMSI is dedicated to forging long-term relationships with customers by creating products designed to grow and adapt to new technologies. AMSI is a division of Geac Computer, Inc., a wholly owned subsidiary of Geac Computer Corporation Limited. To learn more about AMSI, visit its website at www.amsi-pm.com.
About Geac Computer Corporation Limited
Geac Computer Corporation Limited is a provider of mission critical software and systems solutions to corporations around the world. Geac solutions include cross-industry enterprise business applications for financial administration and human resources functions, and enterprise resource planning applications for manufacturing, distribution, and supply chain management. Geac also provides industry applications to the hospitality, property and publishing marketplaces, as well as a wide range of applications for libraries and public administrations. Headquartered in Toronto, Canada, Geac ranks as one of the world's largest software companies. Further information is available on the World Wide Web at http://www.geac.com, or through e-mail at info@geac.com.
About YieldStar Technology
YieldStar Technology, a web-based yield management company headquartered in Charlotte, North Carolina, is the market leader in providing comprehensive yield management solutions to the real estate sector. YieldStar's patent-pending technology, combined with deep industry expertise, provides property owners, operators and front line leasing professionals with web-based yield solutions that calculate just-in-time pricing, lease terms and product recommendations, in addition to providing on-site coaching and reporting. Further information is available on the World Wide Web at http://www.yieldstar.com or through email at Info@YieldStar.com.
AMSI 13831 Northwest Freeway, #550 Houston, TX 77040
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