NWP Services Corporation Continues in Its Support of the South Coast Apartment Association

Market Wire, April, 2008

NWP Services Corporation (NWP), the leading provider of financial transaction processing solutions for the multifamily housing industry, today announced that it continues in its support of the South Coast Apartment Association (SCAA) through sponsorship of the association's Greater Excellence in Management and Maintenance (GEMM) awards program.

A program developed by the SCAA to promote and honor excellence in the multifamily housing industry, the GEMM awards are conferred across forty-one categories to multifamily communities as well as to property management executives, leasing professionals, maintenance staff and industry suppliers. Earlier this month at its corporate office in Irvine, CA, NWP hosted a panel of independent judges and award nominees who gathered to evaluate and choose the winners that will be announced at the GEMM Awards banquet on April 10th, 2008.

"NWP is a proud, long-term member and corporate sponsor of the South Coast Apartment Association," said Michael Radice, president and CEO of NWP. "We are delighted to recognize the SCAA and their commitment to the GEMM Award program for our third consecutive year and we extend our congratulations to this year's winners," added Radice.

The 8th Annual GEMM awards will honor excellence on Thursday, April 10, 2008 at the Anaheim Hilton & Towers located at 777 Convention Way in Anaheim, CA; festivities begin at 5pm. For more information about the SCAA or to register for the awards banquet visit www.scaainfo.com or email scaaevents@aol.com . The South Coast Apartment Association is the California Apartment Association chapter representing rental housing owners and managers throughout Orange and Southern Los Angeles Counties and is also affiliated with the National Apartment Association.

About NWP Services Corporation:

Headquartered in Irvine, California, NWP Services Corporation (NWP) serves the multifamily housing industry as its leading financial transaction processing provider. NWP is known for its industry expertise delivering proven results and exceptional quality in resident billing, resident payment processing and utility management.

Resident billing by NWP helps property owners offset their utility expenses. The company's utility cost recovery team allocates utility charges to residents and prints and sends the bill; NWP's billing options now include convergent-or "rent-inclusive"-billing through its Resident OneBill service. Complementing its billing services, the company's electronic resident payment processing service; called Resident ePay; enables residents to pay their rent, utilities and other monthly charges online or at the rental office with funds transferred to the property's bank account electronically. Resident ePay gives residents convenience and choice and enables owners to access cash faster. In addition, with its UtilityPay Manager program, NWP processes and pays invoices sent to customers' properties by utility companies. UtilityPay Manager helps customers reduce time spent on administrative bill payment work and provides them with valuable utility data and additional cost management opportunities, including recovering expenses from residents when they fail to transfer utilities into their own name.

NWP's offerings are available as individual services or as a fully integrated solution and are designed to accelerate the financial performance of our customers, allowing them to recover and reduce operating costs, create operational efficiencies, improve NOI and FFO and boost resident satisfaction. Additional information is available at www.nwpsc.com .

Contact for NWP Services Corporation: David Collins 949-253-2589 Email Contact