Realm Introduces Business Intelligence for the Real Estate Industry; L&B Realty Advisors and Other Industry Leaders Seize First Mover's Advantage

Business Wire, June 3, 2004

Business Editors/Real Estate Writers/High-Tech Writers

DALLAS--(BUSINESS WIRE)--June 3, 2004

Realm Business Solutions today announced the upcoming availability of the first comprehensive Business Intelligence solution focused on the Commercial Real Estate industry. Realm's INSIGHT suite, which currently leverages the INSIGHT Reporting and INSIGHT Warehouse modules, enables access and management of the vital information that spans across the real estate enterprise -- from high-volume transactions and costs to complex valuations and budget items.

Executives, employees, clients and business partners are provided with relevant and timely information from across a company's business applications without having to access those core applications, enabling business decisions that are based on current information, rather than outdated and error-prone spreadsheets.

"INSIGHT presents the data based on the needs of each individual user, whether they are analysts or executives," commented John Gerdes, Vice President for L&B Realty Advisors, one of six beta clients using the INSIGHT suite. "This makes it a toolset that circumvents the traditional multi-step reporting process, saving valuable time and putting information directly into the hands that need it, when they need it."

INSIGHT Reporting 2.0, generally available in mid- June, provides a flexible reporting environment for transactional and management reports that are easily accessible from one central website. Leveraging a comprehensive library of sample reports, designed specifically to meet the needs of commercial real estate companies, users can easily build boardroom-quality corporate reports and execute business intelligence analysis. An optional Excel plug-in tool brings the power and ease of use of INSIGHT Reporting data access to your Excel users.

Generally available in July, the INSIGHT Warehouse creates a single high-capacity, high-performance data warehouse across all Realm products, as well as other third-party business systems, including various property management applications providing a superior blended data center for reporting and analysis across the real estate enterprise. The INSIGHT suite is built on industry-leading technology from Business Objects customized for commercial real estate users by Realm.

"Data visibility across the organization has become mission-critical for our clients both public and private, driven by today's enhanced compliance and audit requirements," noted Bryan Mileger, President of Realm. "By consolidating this information into a single platform for analysis and decision support, real estate companies can achieve true business intelligence across the enterprise for improved decision making and operational efficiency."

Realm will broaden the INSIGHT suite later this year with the introduction of the INSIGHT Analytics module, which provides customizable executive dashboards including key performance indicators, metrics and alerts based on individual roles within a commercial real estate company.

About Realm

Realm Business Solutions, Inc. provides software and services that enable its customers to better manage the financial and operational performance of their real estate portfolio. More than 6,000 of the industry's leading owners, managers, financial institutions and REITs trust Realm solutions to improve the visibility and flow of information throughout their critical business processes. Realm is the developer of such industry standard products as ARGUS, DYNA, CTI, BUDGET, COLLECT and PAY -- the industry's first fully automated rent collection and invoice processing solutions. Visit Realm's website to learn more about these solutions, as well as reXML, the open source language for exchanging data between Realm and other applications: www.realm.com.