Alliance Welcomes 15 New Members in the Initiative to Develop Open Technology Standards; More Companies Join in the Drive to Streamline e-Real Estate Transactions.Business/Technology Editors INDIANAPOLIS--(BUSINESS WIRE)--Jan. 15, 2001 The Alliance for Advanced Real Estate Transaction Technology (AARTT) today announced an additional 15 companies have pledged their commitment to the organization's initiative to create open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced for data exchange within the real estate industry. The newest members have joined since mid-November, and bring the Alliance membership to 37. They are: AutoRealty, Bid Trac, ClosingGuard.com, Efluity, Go Home Networks, GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. Software, LandAmerica Financial Group LandAmerica Financial Group, Inc. (NYSE: LFG) is the third largest title insurance group in the US. It was incorporated in 1991 and is headquartered in Glen Allen, Virginia. , Middle Tennessee Regional MLS See multilevel security. , Open Systems Associates, PlanetRE, RealFast, RealXchange, Re/Max Central Realty, Stewart (SISCO SISCO Self Insured Services Company (Dubuque, IA) SISCO Saudi Industrial Services Company SISCO System Integration Specialists Company SISCO Somuah Information Systems Co. ), and Visual Information, Inc. AARTT is developing CRTML CRTML Comprehensive Real Estate Transaction Markup Language (comprehensive real estate transaction markup language), which will significantly speed the development of seamless data exchange among the companies involved in online real estate transactions. "The speed at which companies are joining in the Alliance absolutely validates our initiative," said Ari Vidali, AARTT co-founder and chief technology officer of iProperty. "Our members are eager to develop and embrace the standards, and their commitment of resources demonstrates that we have struck a common concern that needs to be addressed if e-real estate is to flourish." Each AARTT member has agreed to incorporate the CRTML standards into its products as soon as possible after release of the specification. For additional information about AARTT and each new member company, please visit http://www.aartt.org/newmembers.html |
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