Prudential Real Estate and Relocation Services Forms Agreement with NSI Nursing Solutions Inc

Business Wire,  Sept 8, 2003  

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Business Editors/Real Estate Writers

IRVINE, Calif.--(BUSINESS WIRE)--Sept. 8, 2003

Agreement Provides Mobility and Home Ownership Services Through

Prudential Home Connections(SM)

NSI Nursing Solutions Inc. members now have access to the services of Prudential Home Connections(SM) at www.nsinursingsolutions.com thanks to a new agreement between NSI Nursing Solutions Inc. and Prudential Real Estate and Relocation Services, a Prudential Financial (NYSE:PRU) company.

Prudential Home Connections is Prudential Real Estate and Relocation Services' proprietary, Web-based provider of third party mobility and homeownership services. Prudential Home Connections has agreements with a variety of national product and service providers offering a discount to NSI Nursing Solutions members, such as pest control, home inspection, storage and truck rentals, maid services, home warranty, security, lawn and landscaping maintenance, radon mitigation, water delivery service, and senior care.

By enrolling with Prudential Home Connections, NSI Nursing Solutions recruits can access these national service providers and a fully staffed and trained customer service center for assistance with product and service needs. Nursing recruits visiting the NSI Nursing Solutions' Web site can view these service offerings directly from their site.

"This is a great option for an organization such as NSI Nursing Solutions Inc., which due to their business model, could not commit to a traditional corporate-funded relocation program, but wanted to offer home and move-related benefits to recruits and employees," said Joe Cardini, vice president, Global Alliance Management and Product Development, Prudential Real Estate and Relocation Services. "NSI Nursing Solutions Inc. recruits who take advantage of these benefits will have a tremendously effective and efficient mobility and/or home finding experience."

About NSI Nursing Solutions Inc.

NSI Nursing Solutions is the national leader in high-volume, full service registered nurse (RN) recruitment and retention consulting. Located in Lancaster, Pa., NSI Nursing Solutions is dedicated to quickly and efficiently meeting the permanent nurse staffing and retention needs of their client hospitals. They have had the opportunity to match thousands of experienced RNs across the nation with their "IDEAL" employer. For more information, visit NSI Nursing Solutions at www.nsinursingsolutions.com.

About Prudential Real Estate and Relocation Services

Prudential Real Estate and Relocation Services is Prudential Financial's integrated real estate brokerage franchise and relocation services business.

The real estate group markets franchises primarily to existing real estate companies. As of Dec. 31, 2002, there were more than 1,600 franchise offices and over 44,000 sales professionals in the franchise network in the United States and Canada. All franchisees are independently owned and operated. Prudential Financial's real estate group began offering franchises in 1988 and is now one of the largest real estate brokerage franchise networks in North America.

Prudential Financial's relocation group is the second largest provider of comprehensive global relocation services in the United States as of Feb. 22, 2002, according to Relocation Information Services. In 2002, the company completed approximately 188,000 service transactions to 56,250 transferees.

With locations in the United States, Canada, United Kingdom, France, Mexico, Hong Kong, Singapore, Taipei, Tokyo, and Shanghai, Prudential Financial's relocation group has the global capabilities to offer clients a variety of services in connection with the relocation of their employees. These services can include coordination of intra and inter-country relocations, intercultural training, global business consulting, appraisal, inspection and sale of relocating employees' homes, equity advances to relocating employees, assistance in locating a home at the relocating employee's destination, global household goods moving services and client cost-tracking and a variety of relocation policy and group move consulting services. The company has an established client base, ranging from global Fortune 500 companies to U.S. government agencies.

Prudential Financial companies, with approximately $422 billion in total assets under management as of June 30, 2003, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including life insurance, property and casualty insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, banking and trust services, real estate brokerage franchises and relocation services. For more information, visit www.prudential.com.

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