CB Richard Ellis Signs Strategic Alliance With inBuilding Systems Corp.LOS ANGELES--(BUSINESS WIRE)--Oct. 12, 1999-- Alliance Offers Customized High-Speed Internet See broadband. Connections and Touch-Screen Lobby Portals to Tenants in 2,000 Buildings Nationwide CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. (NYSE NYSE See: New York Stock Exchange :CBG CBG corticosteroid-binding globulin. ), the world's leading commercial real estate services firm, announced today that it has entered into a strategic alliance with inBuilding Systems Corp. to offer building owners and tenants leading-edge, Internet-based services including enhanced high-speed Internet access and a revolutionary, interactive, Web-enabled building directory and information system. Owners and tenants in 2,000 CB Richard Ellis-managed buildings nationwide will benefit from the alliance. "High-speed Internet access isn't a luxury anymore, it's a necessity in today's competitive business environment," said Craig Stevens Craig Stevens is the name of several people including:
"By partnering with inBuilding Systems, we're not only simplifying and streamlining the process, we're also making our facilities significantly more attractive to tenants. By retaining and attracting more tenants, we're doing a better job of managing facilities on behalf of the building owners." inBuilding Systems' Internet access program An internet access program is a software program, generally included as part of the operating system, to access the Internet. There are two main ways to access the Net.
Tenants are then connected using existing copper phone wires and Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) technology. A DSL "modem" is then placed in the tenant's suite, providing a direct, high-speed connection to the office Local Area Network (LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. ). Once installed, tenants have fast, always-on, unlimited high-speed access from their desktops. In addition to installing and maintaining the communications equipment, inBuilding customers can also obtain other web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. , including e-mail, Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. , network management and customer support. Also being offered is inBuilding's revolutionary Web-enabled Lobby Portal. The Lobby Portal is a real-time, interactive directory that not only lists the occupants of a building, but also provides an Internet-based streaming video display that includes building-specific information for tenants and prospective tenants as well as real-time news, traffic, weather and sports information, local restaurants and other attractions. The Lobby Portal's bright, easy-to-use touch-screen display and inviting graphics create a dynamic focal point focal point n. See focus. in a building's lobby and identifies the building as "Internet ready." "We're proud that CB Richard Ellis has chosen inBuilding Systems as a preferred provider of broadband Internet services to their properties across the country," said Joe E. Russell, the company's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We've built a complete telecommunications package that starts with broadband access and includes services which have become essential for small- and medium-sized businesses to compete in today's wired business environment. It's a tremendous benefit for both building owners and tenants, and we're looking forward to providing the service to tenants nationwide." Under the strategic alliance agreement between CB Richard Ellis and inBuilding Systems, both companies will participate in introducing inBuilding's products and services to building owners and tenants in all U.S. facilities managed by CB Richard Ellis. About CB Richard Ellis CB Richard Ellis (NYSE:CBG) is the world's leading real estate services company. Headquartered in Los Angeles with 10,000 employees worldwide, the company serves real estate owners, investors and occupiers through nearly 250 principal offices in 35 countries. Services include property sales and leasing, property management, corporate services and facilities management, mortgage banking, investment management, capital markets, appraisal/valuation, research and consulting. CB Richard Ellis had 1998 revenues of over $1 billion. Additional information about the company is available at www.cbrichardellis.com. About inBuilding Systems Based in San Diego, Calif., inBuilding Systems Corp. is a leading provider of broadband Internet services to small- and medium-sized businesses in multi-tenant commercial office buildings. Enhancing this package is a broad range of value-added services and solutions focused on enabling companies to better use the Internet as a business tool. Additional information is available at the company's Web site, www.inbuilding.com, or by calling 858/658-0600. Note to Editors: The proper spelling of all inBuilding references is with a lower case, italicized "in" and a capital "B." |
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