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Corrigo Announces First Pilot Customer, BRE Properties, Inc.; Web-based Solution Provider Enhances BRE's Status as Leader in Technological Innovation for the Real Estate Industry.


Business Editors & Real Estate Writers

REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--Jan. 18, 2000

Corrigo, Inc. announced an agreement with BRE (Business Rules Engine) Software that automates policies and procedures within an organization, whether legal, internal or operational. The use of a rules engine (BRE) requires placing the company rules in an external repository that can be easily reviewed rather than  Properties, Inc. to pilot CorrigoNet(TM), a maintenance and customer service solution that uses the Web, wireless devices, and the telephone to connect residents, maintenance technicians, vendors and property management professionals.

CorrigoNet(TM) maintains a sense of community and a one-to-one one-to-one
adj.
1. Allowing the pairing of each member of a class uniquely with a member of another class.

2. Mathematics
 relationship, through each step of the maintenance and customer service processes.

"We are excited to enhance our leadership position in the multifamily industry by using technology-based solutions that make us more efficient and customer-focused," said Lee Carlson Carl·son   , Chester Floyd 1906-1968.

American inventor of the xerographic process for copying documents (first patented in 1940).
, BRE Properties' executive vice president and chief financial officer. "CorrigoNet(TM) is an important innovation in property management -- a technology tool designed to enhance resident satisfaction, staff utilization and asset performance."

CorrigoNet(TM) will allow BRE residents to log onto the Web or simply place a telephone call to obtain detailed information about their service request. "BRE strives to create lasting value in our apartment communities through responsiveness to our residents. CorrigoNet(TM) will enable our property management Associates to take customer service to the next level," said Carlson.

CorrigoNet(TM) will also allow BRE maintenance managers to have real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  information concerning maintenance activity, customer satisfaction, asset performance, and inventory. "CorrigoNet(TM) will give us an up-to-date, accurate picture of our maintenance program," said John Nunn John Denis Martin Nunn (born April 25, 1955 in London) is an English chess player, a Grandmaster, a mathematician, and a chess writer.

John Nunn went up to Oriel College, Oxford, to study mathematics when he was only 15 years of age in 1970.
, BRE Properties' executive vice president of property management. "By understanding and monitoring every aspect of the maintenance process, we can be more effective, productive and responsive to our residents' needs, which will benefit our profitability."

"We are very fortunate to have BRE Properties as our first pilot partner," said Rick Michaux, President of Corrigo, Inc. "With CorrigoNet(TM), BRE will continue to lead through innovative technology while benefiting from improvements in resident satisfaction, staff productivity and asset maintenance costs. Corrigo will benefit by launching CorrigoNet(TM) with a partner who understands the impact that Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 and wireless technologies can have on maintenance and customer service functions, and ultimately on their bottom line."

About Corrigo

Corrigo provides Web-based, maintenance and customer service solutions that drive improvements in tenant satisfaction, staff productivity, and asset maintenance costs for property management companies. Corrigo leases its solutions over the Web, minimizing customers' up-front investment and optimizing opportunities for growth. Corrigo delivers a total solution, including implementation tailored to particular business processes, training of employees and 24 x 7 customer support. Headquartered in Redwood City, Corrigo is backed by property management industry leaders and technology funds. More information on Corrigo is available at www.corrigo.com.

About BRE Properties, Inc.

BRE Properties, Inc. is a real estate investment trust focused on the development, acquisition and management of apartment communities located near business, transportation and employment centers that are essential to its customers. BRE owns and operates 86 apartment communities totaling 22,690 units in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W). , Washington, Oregon Oregon, city, United States
Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products.
, Nevada, New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). , Utah and Colorado. The company currently has eight other apartment communities in various stages of development and construction totaling 2,161 units. In 1999, BRE received the "Best Use of Technology Award" from Multifamily Executive magazine for its use of technology "to increase its efficiency, profitability and effectiveness." Additional information about BRE can be found on the company's web site www.breproperties.com. Information concerning BRE's VelocityHSI(TM) access is available on www.velocityhsi.com.

Note to Editors: Corrigo, and CorrigoNet are trademarks of Corrigo, Inc. BRE is the trademark of BRE Properties, Inc. All other company and product names are trademarks of their respective owners.
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Publication:Business Wire
Date:Jan 18, 2000
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