eProperty Tax among top five websites

Real Estate Weekly, August 14, 2002

Computerworld has named ePropertyTax, Inc. (www.epropertytax.com), the developer of an e-commerce solution for property tax management, as one of the top five financial, insurance and real estate websites in the world. The 2002 Computerworld Honors 21st Century Achievement Awards recognized the innovation of ePropertyTax in creating a web-enabled software product that provides services to 10 of the 16 largest REITs and manages the property taxes on more than $70 billion in assets.

ePropertyTax is the developer of Property Tax Office(R), the first and only Internet based software system that is revolutionizing the way commercial property owners are managing their property taxes. ePropertyTax clients experience increased tax savings, improved cash management, lower risk of missed deadlines, and lower administrative costs as a result of using Property Tax Office(R).

"ePropertyTax is using information technology to make great strides toward remarkable social achievement in finance, insurance and real estate," said Daniel Morrow, executive director of the Computerworld Honors Program. "The materials submitted on behalf of ePropertyTax will enrich the Program's growing collection on the Information Age, and help build an accurate historic record of the truly outstanding achievements being made in these remarkable times.

"Recipients of the Computerworld Honors 21st-Century Achievement Awards represent those organizations whose use of information technology has been especially noteworthy for the originality of its conception, the breadth of its vision, and the significance of its benefit to society."

"We are honored to have been selected by Computerworld as one of only five companies in the world to receive this award," said Richard D. Nearhood, CEO of ePropertyTax, Inc. "We have always been proud of our technological capabilities and this honor is a tribute to our employees who have dedicated themselves to creating a truly great product."

"We are pleased to see innovative Progress customers receiving this recognition," said Joseph W. Alsop, cofounder and CEO of Progress Software, who nominated the company. "ePropertyTax has combined their extensive domain business expertise with the hallmarks of our own technology -- simplified development, ease of implementation and fast ROI. The result is one of the world's most focused and innovative business applications."

Past F.I.R.E. category winners in the worldwide competition include, Oxford, of Oxford Properties Group, Inc.; PeopleFirst.com; Bank One; Global Information Systems (GIS), of The Sumitoma Bank, Ltd.; Claim Vision, of the Chubb Group of Insurance Companies, and IRS Processing, of Bank of America Corporation - Global Treasury Services. Additional information about the 2002 Collection is available at www.cwheroes.org, where the entire collection is available to scholars, researchers and the general public.

Thomas Falus, president of the Strategic Ventures Group for Cushman & Wakefield, which partners with ePropertyTax, said: "Cushman & Wakefield is proud to be offering our clients what has been clearly recognized as one of the most sophisticated and useful technological tools anywhere. Not just in real estate, but across the business world."

Frank Liantonio, executive managing director for C&W's Advisory Group, said: "ePropertyTax has provided our Valuation Advisory Services a new platform on which to re-enter the property tax servicing arena and provided our Asset Services business line with another benefit for strengthening relationships with building owners. ePropertyTax's comprehensive and easily accessible technology has proven a winner with clients and the technology world alike."