10.01.2005 20:56:00
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SS&C's Release of SKYLINE 2005 Applauded by Real Estate Marketplace
Business Editors/Real Estate Writers/Technology Editors
WINDSOR, Conn.--(BUSINESS WIRE)--Jan. 10, 2005--SS&C Technologies, Inc. (Nasdaq: SSNC) a leading provider of technology solutions to the real estate property management industry, announced the full release of SKYLINE 2005, the Company's comprehensive property management, accounting and reporting system. This latest release includes enhancements for Automated Clearing House processing (ACH), tenant e-billing, Affordable Housing (HUD) reporting and document imaging. Significant enhancements to reporting, which is one of the crowning features in the release, elevates the bar for the entire property management industry.
"I am extremely pleased with the efforts the entire SKYLINE team put into this new release," stated Bill Stone, SS&C's CEO. "SKYLINE is a great example of defining and delivering on complex industry demands. We listened to the market, created a responsive design and development plan, and then efficiently executed the plan. As a result, SKYLINE offers the market a powerful solution, setting new industry standards for ease of use, functionality, operational efficiencies and reporting capabilities."
Mark Ziemba, SS&C's National Director for SKYLINE commented on the rollout of SKYLINE 2005. "We have a tremendous amount of confidence in the new release. Enhancements such as ACH billing, tenant e- billing, and batch reporting all emphasize processing efficiencies which translate into cost-savings for property managers. Existing clients evaluated the intuitive layout and robust enhancements built into the release and have enthusiastically endorsed SKYLINE 2005. New clients are choosing SKYLINE 2005 because of its unparalleled ability to streamline internal operations and provide a sophisticated, yet flexible system that meets their complex needs. SKYLINE is a premier product, backed by an experienced development team and a customer-focused support group. We are eager to continue to engage the marketplace."
The Lund Company in Omaha, Nebraska recently licensed SKYLINE 2005 and Annette Otteman, Director of Accounting and Administration for the Lund Company remarked, "Once we saw the capabilities and efficiencies SKYLINE 2005 offered, we knew we wanted to begin to take advantage of the new features right away. We are confident SKYLINE 2005 will help us take our business to the next level of operating performance."
CB Richard Ellis Sturges LLC, an existing client, updated to SKYLINE 2005. Barb Hiatt from Corporate Finance at CB Richard Ellis Sturges LLC commented, "We are particularly excited about the enhancements to reporting. Having several export options gives us the flexibility we need; the batch reporting feature will save us a tremendous amount of time, and the breadth and depth of standard reports available will give us the real-time information we need to make faster and better business decisions."
About SKYLINE
SKYLINE is a comprehensive property management system for commercial, retail and residential properties. SKYLINE's intuitive technology provides an integrated, end-to-end solution. SKYLINE functions as a prospect management system, lease administration system, historical property/portfolio database, a facilities management tool and a robust accounting and financial reporting system, enabling users to track properties, units and tenants through the entire property management cycle. SKYLINE helps users make decisions, report status, manage cash flows and service accounts, confident that information is accurate, timely and consistent.
About SS&C Technologies
SS&C delivers investment and financial management software and related services focused exclusively on the financial services industry. With a global client base that manages over $4 trillion in assets, each of the products in SS&C's suite of highly specialized solutions is in the top tier of competitive offerings in the marketplace. By leveraging expertise in common investment business functions, SS&C cost-effectively serves clients in the different industry segments, including: 1) commercial lending, 2) financial institutions, 3) hedge funds and family offices, 4) insurance entities and pension funds, 5) institutional asset management, 6) municipal finance and 7) real estate property management. SS&C is publicly traded on Nasdaq under the symbol "SSNC". Additional information is available at www.ssctech.com.
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CONTACT: SS&C Technologies Lese Amato, 860-298-4653 Media Relations investorrelations@sscinc.com
KEYWORD: CONNECTICUT INDUSTRY KEYWORD: REAL ESTATE BUILDING/CONSTRUCTION HARDWARE SOFTWARE PRODUCT SOURCE: SS&C Technologies, Inc.
Copyright Business Wire 2005
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