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Date Posted: 8/13/2003

Intuit's MRI Real Estate Solutions Adds Village Green Companies and Mid-America Apartment Communities to Client Roster

 
 
Solutions Leading national apartment owner/managers select MRI as their property management software solution MRI Real Estate Solutions, an Intuit® company (Nasdaq:INTU - News), today announced that Village Green Companies and Mid-America Apartment Communities (NYSE:MAA - News) have selected MRI's Web-based Residential Management solution to streamline and enhance their management efficiencies.

Village Green will utilize MRI's application hosting service, NetSource, to simplify the management of its 27,000 multifamily units.

"MRI's innovative technology will enhance our business efficiencies and ultimately enhance the living experiences our residents have come to expect at Village Green," said George Quay, president/chief operating officer for Village Green. "Outsourcing our IT (Information Technology) needs gives us a competitive advantage. We'll leave the day-to-day maintenance and troubleshooting to the experts at MRI, and keep our focus on our business."

"We want to provide clients with solutions that are right for their business and we are excited to provide both Village Green and Mid-America with the solutions they want," said Bob Lasser, general manager/vice president for MRI. "With MRI's NetSource, Village Green will enjoy instant access to workflow technologies, powerful functionality, and an easy-to-use interface without the demands of supporting an internal solution."

Mid-America has begun extensive pilot testing of MRI, and expects to begin total implementation of the software among it's 34,000 units by year-end 2003.

"Mid-America strives to provide an excellent living experience for our residents and to that end we are constantly looking for opportunities to improve our business processes," said Warren Davis, vice president of budgeting and planning for Mid-America. "That means joining with a leading-edge technology provider like MRI to improve operational efficiencies and ultimately enhance our residents' experience. MRI's Web-based solution, and its intuitive workflow technology will give us more time to focus on our core business -- our residents."

About Village Green Companies

Village Green Companies, headquartered in Farmington Hills, MI, is one of the nation's largest privately held developers and managers of luxury apartment communities. Established in 1919, Village Green operates 27,000 apartments in more than 100 rental communities throughout the Midwest under four distinct brands: Village Park, Village Green, Regents Park and City Apartments. For more information, visit the company's web site at www.villagegreen.com.

About Mid-America Apartment Communities

Mid-America Apartment Communities, Inc. (NYSE:MAA - News) is a leader in the real estate industry, with an award-winning portfolio of multifamily housing stretching across the southeast and south central U.S. markets. Since 1977 Mid-America's combination of extensive acquisition, redevelopment and new development and disposition capabilities has provided a strong foundation to create and capture value through multifamily real estate. Their current portfolio encompasses nearly 34,000 apartment homes in 123 communities owned and managed. For more information, visit the company's web site at www.maac.net.

About MRI Real Estate Solutions

An Intuit company, MRI Real Estate Solutions is a leading provider of business management solutions to the global property management industry, with targeted solutions for the multifamily, commercial and corporate industries. MRI solutions are known for their ease-of-use, robust functionality and advanced workflow technologies. Founded in 1971, MRI provides consulting, implementation, training and support services, and is the industry's oldest and largest ASP offering IT outsourcing and application hosting. MRI supports more than 4,500 software installations on five continents and in 38 countries. For more information visit www.realestate.intuit.com.

About Intuit Inc.

Intuit Inc. (Nasdaq:INTU - News) is a leading provider of business and financial management solutions for small businesses, consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax® software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation software suites for professional accountants.

Founded in 1983, Intuit has annual revenue of more than $1 billion. The company has nearly 7,000 employees with major offices in 13 states across the U.S. and offices in Canada and the United Kingdom. More information can be found at www.Intuit.com.

Intuit, the Intuit logo, MRI, QuickBooks, Quicken and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and in other countries. Other parties' trademarks or service marks are the property of their respective owners and should be treated as such.



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Contact:
MRI Real Estate Solutions
Brendan Hughes, 216-825-6679
Brendan_Hughes@intuit.com



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Source: MRI Real Estate Solutions
 
 


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