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Accruent to Present in Microsoft's Theater at the National Retail Federation's 96th Annual Convention and Expo

Business Wire, Jan 15, 2007

Company Will Showcase Best Practices for Managing Real Estate Performance in Retail Organizations

NEW YORK -- Accruent, Inc., the leading provider of Real Estate Performance Management solutions, today announced that it will be featured in the Microsoft Theater at the National Retail Federation's (NRF) 96th Annual Convention and Expo held at the Jacob K. Javitz Center in New York City from January 14-17, 2007. Accruent will educate attendees about best practices in achieving improved performance from their strategic real estate assets in an exclusive, 20-minute session starting at 10:40 a.m. on Tuesday, January 16. The Microsoft Theater will be staged in Booth 818. Accruent will also demonstrate its Real Estate Performance Management solution at Booth 1855.

Accruent's solution allows enterprises with extensive property holdings - such as retail organizations - to manage the full real estate lifecycle, from market planning and site selection to design, construction, lease administration, and on-going facilities management, on a single Web-based platform. By providing greater visibility and supporting increased cross-enterprise collaboration, Accruent enables retail companies to make decisions that drive revenue, reduce development and occupancy costs, and deliver sustainable financial compliance. Forty percent of the Top 100 Retailers currently use Accruent solutions.

"Every new retail location, renewal, or remodel represents an opportunity to drive revenue and profit," said Bart Waldeck, director of product strategy and marketing at Accruent. "However, in today's accelerated business environment, where hundreds or thousands of critical decisions surrounding these opportunities occur annually - retailers rarely have the resources to conduct a thorough analysis of each option. Visitors to NRF will see how Accruent's approach to Real Estate Performance Management replaces the fragmented, ad-hoc tools in place today with an integrated, end-to-end solution for the real estate lifecycle. They will see how we are applying Microsoft technologies, including Windows Vista, to synthesize the information needed for faster, more intelligent decision making through a highly visual, data-rich experience."

"We're pleased to have Accruent showcase its technologies, built upon the Microsoft platform, in our theater at the show," said David Gruehn, industry solutions director for Microsoft's U.S. Retail and Hospitality Group. "Together, we can help people throughout a retail organization make more proactive and accurate real estate management decisions."

About the National Retail Federation

The National Retail Federation is the world's largest retail trade association, with membership that comprises all retail formats and channels of distribution including department, specialty, discount, catalog, Internet, independent stores, chain restaurants, drug stores and grocery stores as well as the industry's key trading partners of retail goods and services. NRF represents an industry with more than 1.6 million U.S. retail establishments, more than 24 million employees - about one in five American workers - and 2005 sales of $4.4 trillion. As the industry umbrella group, NRF also represents more than 100 state, national and international retail associations.

About Accruent, Inc.

Founded in 1995, Accruent is leading the industry with a new generation of enterprise-class solutions designed to fully leverage real estate assets and decisions as a corporate advantage. The Accruent Real Estate Performance Management solutions optimize the impact that real estate locations - stores, restaurants, bank branches, and corporate offices - have on company performance by driving revenue growth, reducing costs and achieving financial compliance. Accruent's solutions are used by over 340 of the world's largest companies including 20 percent of the Fortune 500 and more than 40 percent of the Top 100 Retailers. For more information, please visit www.accruent.com.

Editor's Note: All Accruent brand and product names are trademarks or registered trademarks of Accruent, Inc., in the United States and other countries. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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