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PropertyBridge Executive to be Featured on Payments Panel at 2007 National Multi Housing Council's Apartment Technology Conference

OAKLAND, CA - October 26, 2007 -- PropertyBridge, Inc., a MoneyGram Company, and the leading provider of electronic payment services to the residential real estate management industry, has announced that Ryan Gilbert, Vice President of PropertyBridge, will be a featured panelist for the session "Automating Rents and Resident Payments — From Wandering to Winning" at the annual National Multi Housing Council (NMHC) Apartment Technology Conference in Dallas, Texas. The session will take place on October 29th from 1:45 to 3pm.

The NMHC Apartment Technology Conference is widely considered the largest and most influential conference focused on technology decision makers, implementers and users in the multifamily industry. PropertyBridge has also been represented on panels at additional events in 2007 including the National Apartment Association’s Educational Conference and PAYMENTS 2007, NACHA's annual conference on electronic payments. These speaking positions recognize the key role played by PropertyBridge in revolutionizing the wide scale implementation of automated payment processes in the multifamily industry.

According to Ryan Gilbert, Vice President of PropertyBridge, “The NMHC Apartment Technology Conference is an important focal point each year for anyone involved with technology in the multifamily industry. Our relationship with the NMHC has always been strong. In addition to our involvement with panels such as ‘Automating Rents and Resident Payments — From Wandering to Winning’, we have jointly developed white papers with NMHC, and exhibit and sponsor NMHC events as a core part of our leadership and outreach initiatives.”

About NMHC

Based in Washington, DC, NMHC is a national association representing the interests of the largest and most prominent apartment firms in the U.S. NMHC's members are the principal officers of firms engaged in all aspects of the apartment industry, including ownership, development, management and financing. NMHC advocates on behalf of rental housing, conducts apartment-related research, encourages the exchange of strategic business information, and promotes the desirability of apartment living. Nearly one-third of Americans rent their housing, and over 14 percent live in a rental apartment. For more information, contact NMHC at 202/974-2300, email the Council at info@nmhc.org, or visit NMHC's web site at www.nmhc.org.

Information on the NMHC Apartment Technology Conference is available at: http://www.nmhc.org/MeetingRegistration/meeting.cfm?MeetingID=113
The session "Automating Rents and Resident Payments — From Wandering to Winning" can be previewed at http://www.nmhc.org/Content/ServeFile.cfm?FileID=6076

About PropertyBridge, Inc.

PropertyBridge, a MoneyGram Company, is the leading electronic payments processor for property managers and real estate owners in the multifamily housing industry. The PropertyBridge Payments Platform enables residents to pay rent and other lease-related transactions using multiple payment types, including credit and debit cards, Automated Clearing House (ACH), check scanning (Check 21) and cash payments at more than 30,000 MoneyGram agent locations. PropertyBridge’s rent payment solutions are fully integrated with the accounting systems and business processes of property management firms. Residents can pay rent online, by phone or in person and set up recurring payments. The company collaborates extensively with financial services leaders including Visa USA, MasterCard, Discover Financial Services, American Express, Wells Fargo Bank and First National Bank of Omaha. MoneyGram, Inc. acquired PropertyBridge in October 2007.

Contacts

Peter Mansfield
Vice President of Marketing
pmansfield@moneygram.com

 

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