Enhanced credit card module provides decreased transaction processing time and heightened security access

Orlando, FL – May 15, 2007
Software Answers, Inc., the industry leader in corporate housing property management solutions today announced the release of there enhanced credit card module for the Oscar 4™ application. The companies’ persistence to continually satisfy its clients with improved efficiency and functionality now provides a 100% integrated internet based credit card processing solution. The Oscar 4™ program now manages all credit card operations internally eliminating the need for additional hardware or a separate credit card server application.

The new credit card module helps businesses streamline labor intensive and time consuming tasks by supplanting the traditional credit card entry methods by way of a terminal and external printer with true process automation. The company, which stays in close contact with its customer base, was keenly aware of the challenges that organizations were facing. A clearly defined need to reduce A/R operations in card processing was needed. The latest version meets all of the current VISA/MasterCard requirements and most importantly the unique billing needs of the customers.

The Oscar 4™ credit card module dramatically reduces processing time by providing batch processing for hundreds of transactions with a single click reducing the end of month posting time normally found by using a credit card terminal from days to just a few minutes. Oscar 4™ can then automatically post the payments to resident ledgers. The Software Answers, Inc. development team seeking to optimize the popular batch transaction feature in the latest release was able to reduce the per transaction time from 5-6 seconds down to as little as 1.5 seconds.

In the latest release of the module, users can now get the benefit of batch credit card e-mailing as well. The user can now select a specific batch and send all of their invoices marked paid to their customers by e-mail in just one step. This results in a significant time and postage savings from sending each invoice one by one.

Because of the detailed reservation criteria sent to the credit card processors by Oscar 4™, users can directly reduce their overall processing costs. The specific arrival and departure information sent by Oscar 4™ to processors like VISA/MasterCard actually allows the merchant to receive a discounted rate.


With the scrutiny of credit card handling and processing at a peek Oscar 4™ ’s credit card module now gives the user the ability set security access in each area of the component including operations, reports and setup. The continuous improvement and added features of Oscar 4™ are natural progression for the company that features one of the industries best database encryption technologies that protects the card holder as well as the company who uses it.

Pricing and Availability
The Oscar 4™ credit card module and additional solutions are available now at www.softwareanswers.com The product is priced on monthly subscription basis of $150.00 per merchant account plus any processing fees.

Background

Furnished Dwellings has recently entered the furnished corporate housing market in New York City. The company provides it’s customers with high quality corporate housing, furnished apartments, and short term rentals. In addition to their corporate clientele, residents between a property sale and a close are also offered accommodations. In what seems like a New York minute, Furnished Dwellings is quickly emerging as one of the most trusted housing companies in the city. The companies’ visionaries Abraham Kassin and Morris Sabbagh, President and Vice President respectively, both have extensive backgrounds in asset acquisition and management. The formation of the company has also fueled and provided ownership with a natural progression into brokering.

Challenge: Managing Vendor Relationships and Rapid Growth

Maintaining accurate and timely payment and receivable schedules during a period of accelerated growth can be demanding. This is particularly challenging when one of the primary objectives is to acquire additional housing units while demand is at a peek. In the early stages of the company Abraham and Morris were using a variety of ad-hoc methods from Excel sheets, scribbles and mental notes to capture the operations aspects of their hectic day to day operations. The company needed a comprehensive but easy to navigate accounting and reservation system that would free up time to locate and acquire additional properties to match consumer demand.

Solution: Consolidation of Business Processes

Abraham had previewed Oscar 4 while working for another management company and remembered that “it could be fined tuned to fit every need.” Now, with an ownership perspective and the acquisition of apartments moving quickly, obtaining unit profitability reports and invoicing became paramount. The ability to customize most every option of the reservations, units and tasks in Oscar 4 was pivotal in Abraham’s decision to implement the software. The company was also able to eliminate the manual and tedious AP/AR processes that often consume valuable company resources.

Benefits: Time Savings to Pursue Business Development

While Furnished Dwellings is continually seeking ways to grow and improve efficiencies one of their most valuable assets is time. Oscar 4 allows them to focus on acquiring units and properties to position themselves as an industry leader in one of the most competitive markets in the country. New York is one of the fastest moving cities in the world and meeting customers temporary house needs was significantly streamlined with Oscar 4. With phones ringing constantly the Furnished Dwellings team can more readily focus on developing their brand and exceeding customer expectations. For information about Furnished Dwellings visit www.furnisheddwellings.com

Software Leader for Corporate Housing Market to Provide Solutions to Timeshare Industry
Orlando, Fla., Aug. 26, 2004 - Software Answers Inc., the dominant software solutions provider in the corporate housing industry, is expanding its reach to timeshare. The company’s newly released TED software was developed specifically to address the unique needs of the timeshare industry.
The TED program allows timeshare resorts to provide high levels of service to their owners while maximizing revenue from excess inventory. Modules include reservations, owner services, contact management, yield management, and full general ledger accounting. In addition, Software Answers works with its clients to create custom features. “We customize the software to meet our clients’ needs,” says Stuart Kirban, president of Software Answers. “We don’t expect our clients to change their operations for our software.”
The thoroughly tested system has been implemented successfully at Royal Aloha Vacation Club’s corporate headquarters. Jack Corteway, RRP, Royal’s president and CEO, worked with Software Answers to develop the robust functionality needed to service the club’s members, who hail from all 50 states and 22 other countries. “This is the first program I’ve seen that provides ease-of-use along with high levels of customization,” he says. “Software Answers has worked hard to understand our operations and to provide software with functionality that addresses our unique business needs. We’re confident that the TED system from Software Answers will provide us a competitive advantage.”

Software Answers Enters Timeshare Market/Add one
TED is an SQL Server application and uses the latest Microsoft technology to integrate all aspects of timeshare resort management including reservations, scheduling, maintenance fee billing, accounting, contact management, and statistical analysis. By integrating with Microsoft Word, Excel, and Outlook, TED users can create merged documents, e-mail, and fax directly from the program.

AMLI Corporate Homes, a division of Amli Residential (NYSE: AML), has installed new software from Software Answers, which specializes in software for the extended-stay housing industry.

Orlando, FL (PRWEB) April 28, 2004 -- Amli Corporate Homes, a division of AMLI Residential Properties Trust (NYSE: AML), has purchased the newest software package from Software Answers Inc., the leading provider of technology solutions for corporate housing rentals. Orlando, Florida-based Software Answers will install its Oscar 4.6 Enterprise Property Management and Accounting System in all of Amli Corporate Homes’ regional offices. AMLI has used Software Answers’ products for more than seven years.

“After researching the other products available to our industry, it seemed natural for us to continue our relationship with Software Answers,” says Julie Stanley, senior regional director for AMLI Corporate Homes. “The new program is extremely user-friendly and offers a wide variety of new features and options to enhance our business. We’re excited about the change and look forward to continuing our relationship with Software Answers.”

With the new software, AMLI can customize its national booking capability for individual accounts, as determined by their corporate needs. AMLI management can now limit users to specific markets allowing for a true central reservations system. “By using Oscar 4.6E, Amli will have the ability to manage all of their markets through one central database allowing for individual or consolidated reporting per market or client,” says Michael Kirban, executive vice president of Software Answers.

About Amli Corporate Homes
AMLI Corporate Homes, a division of Amli Residential (NYSE: AML), provides corporate travelers with the comforts of home for less than the price of a hotel. To assure the highest caliber of accommodations, AMLI owns all of the communities in which it places corporate residents. Whether it’s an extended business assignment or a relocation, AMLI provides a full range of services and options. It offers short-term and long-term fully furnished accommodations at most AMLI communities. AMLI Corporate Homes will manage all details and custom tailor an apartment home to meet individual needs.
AMLI’s portfolio includes 73 apartment communities containing 27,905 apartment homes, and an additional 1,817 apartment homes are under development. AMLI is focused on the development, acquisition and management of institutional-quality multifamily communities in the Southeast, Southwest, Midwest, and Mountain regions of the United States. For more information, visit www.amli.com

Orlando, Fla., Apr. 7, 2004—Milford Management, one of New York City’s largest managers of premier residential real estate, has picked Software Answers Inc., the leading provider of technology solutions for the extended-stay hospitality market, to provide property management and accounting software. Orlando, Fla.-based Software Answers will install its Oscar 4.6 Enterprise Property Management and Accounting System at Milford’s Bristol Plaza and Liberty View projects in Manhattan.

“We’re thrilled to have been chosen by Milford, the leader in Manhattan’s luxury apartment-style hotel market,” says Michael Kirban, executive vice president of Software Answers. “Our Oscar 4.6 Enterprise system provides capabilities such as corporate billing for extended-stays that a standard hotel package doesn’t provide. There’s a host of benefits for luxury apartment hotels.”

Both projects cater to high-level business executives and individuals on assignment or just spending an extended period of time in New York City.

Bristol Plaza, 210 East 65th Street on Manhattan’s fashionable Upper East Side, is a 167-suite apartment-style hotel. The accommodations include 24-hour concierge, doormen, and parking garage attendants, as well as complementary membership in the rooftop health club, which offers a 50-foot pool and large sun terrace, sauna, steam room, and massage facilities.

Liberty View at Battery Park City’s furnished suites range from oversized studios to spacious two-bedroom apartments with spectacular views of the New York Harbor, the Statue of Liberty, and the Hudson River. Amenities include 24-hour concierge, parking garage, health club, and laundry and valet services.

Software Answers serves luxury apartment rental market/add one

About Milford Management
Milford Management, one of the largest managing agents of premier residential real estate in New York City, is a full-service organization offering clients over 75 years of experience and talent in property management, development, and marketing. Milford Management, the management arm of Milstein Properties, operates seven Manhattan properties, including Bristol Plaza and Liberty View at Battery Place.

Paul Milstein, chairman of Milstein Properties, has built an impressive portfolio of residential, hotel, and office properties in New York City in his 40-year career. Milstein’s large-scale developments have sparked revivals in New York City’s Upper West Side and in the theater district, which benefited from the Milsteins’ purchase of the Milford Plaza Hotel, now a highly successful tourist hotel.

Orlando, Fla., Sept. 3, 2003—Marriott Execustay, a leading provider of corporate housing, has picked Software Answers Inc., the leading provider of technology solutions for corporate housing, to provide property management and accounting software for its Insurance Housing Solutions division. Orlando, Fla.-based Software Answers has customized its Oscar 4.6 Property Management and Accounting System to provide functionality specific to the insurance housing market.

“Oscar 4.6’s customized features will help us deliver the outstanding customer service that Marriott is known for,” says Joe Novia, ExecuStay’s vice president of insurance housing. “The unique features developed by Software Answers will allow us to provide our clients with increased control on the local level while reducing the paperwork needed to process claims.”

Although ExecuStay is in the process of implementing the Oscar 4.6 system in its corporate housing offices, the company had identified unique concerns for insurance housing clients, who often need access to account information on several levels of the organization. “By customizing the Oscar 4.6 software, we have given local account managers significantly more control over account management,” says Michael Kirban, executive vice president of Software Answers. “They will be able to provide services not needed for standard corporate housing accounts, such as the ability to see all management reports, including statistics for each insurance adjuster individually.”

Marriott ExecuStay Implements Customized Software for Insurance Housing/add one

Other new functions developed for ExecuStay include:

researching accounts, billing and processing payments by claim number;

handling Additional Living Expenses (A.L.E.), the component of a
      homeowners policy that allows for living expenses should the dwelling be
      unfit for living such as after a disaster; and

specialized statements for adjusters.
      ExecuStay will begin installation of the new software in August 2003.

Marriott ExecuStay Implements Customized Software for Insurance Housing/add two

About Marriott Execustay: Marriott ExecuStay is one of many renowned Marriott hospitality brands. Founded in 1986 and backed by 70 years of Marriott experience and resources, ExecuStay sets the standard in corporate housing nationwide, providing corporate housing solutions for stays of 30 days or longer. It offers one-stop-shopping access to thousands of fully furnished corporate apartments in over 200 cities in the United States, eastern Canada, and England. For more information, visit the company’s Web site at www.execustay.com

Orlando, Fla. – Aug. 15, 2002 – Marriott ExecuStay, the corporate housing division of Marriott International, Inc. (NYSE:MAR), has selected Software Answers Inc., the leading provider of technology solutions for the corporate housing industry, to provide Oscar 4.0 accommodations and reservations property management software to all of ExecuStay’s U.S. offices.

Under the agreement, which includes an extensive consulting contract, Software Answers will assist Marriott ExecuStay in implementing new policies and processes along with the software. The Oscar 4.0 implementation will begin during the second quarter of 2003, and preparations are currently underway to ensure a successful debut.

Joe Lavin, executive vice president and managing director of Marriott ExecuStay, said, “Oscar will benefit our guests by increasing efficiencies in ExecuStay’s day-to-day operations, and will enable us to move toward full integration with Marriott International systems.” He added, “Marriott ExecuStay recently announced a new franchising program for the corporate housing industry, and the fact that some 70% of the nation’s providers already use Oscar will enable us to be technologically aligned with our potential franchisees.”

Michael Kirban, executive vice president of Software Answers, said, “We are very excited to be working with Marriott, one of the most prominent names in the hospitality industry. We are confident that the ease-of-use of the Oscar 4.0 system will allow Marriott ExecuStay to provide superior service to its corporate housing clients, while keeping training and manpower costs low.”

About Marriott ExecuStay In the U.S., corporate housing is a $2 billion industry that has become increasingly popular as a lodging option for business travelers on extended assignments. Marriott ExecuStay (www.execustay.com; 1-888-840-7829) provides approximately 6,000 temporary housing New Property Management System apartments in approximately 200 U.S. locations for travelers who require stays of 30 days or more. All Marriott ExecuStay apartments are fully furnished and accessorized, with monthly rates that include basic utilities, phone service and cable television.

Marriott ExecuStay is part of Marriott International’s extended-stay lodging portfolio, which also includes Residence Inn, TownePlace Suites and Marriott Executive Apartments.

MARRIOTT INTERNATIONAL, INC. (NYSE:MAR), a leading worldwide hospitality company celebrating its 75th Anniversary in 2002, has over 2,600 operating units in the United States and 64 other countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club International, Horizons, The Ritz-Carlton Club and Marriott Grand Residence Club brands; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. Other Marriott businesses include senior living communities and services, and wholesale food distribution. The company is headquartered in Washington, D.C., and has approximately 145,000 employees. In fiscal year 2001, Marriott International reported systemwide sales of $20 billion. For more information or reservations, please visit the web site at www.marriott.com

Orlando, Fla., Sept. 5, 2002 BridgeStreet Corporate Housing Worldwide, the leading global provider of corporate housing for business travelers, has expanded its agreement with Software Answers Inc., the leading provider of technology solutions to the corporate housing industry, to include its operations in the United States and Canada.

Under the agreement, Orlando, Fla.-based Software Answers will implement its new Oscar 4.6 Enterprise Property Management and Accounting System at BridgeStreet’s 18 regional offices on this side of the Atlantic Ocean. Bridgestreet, a division of Interstate Hotels & Resorts Inc. (NYSE: IHR), has been operating the software in its European offices for the past year, following its successful beta test there. The new agreement represents the remaining 80 percent of BridgeStreet’s worldwide operations.

BridgeStreet North America will be implementing the new Oscar 4.6 Enterprise modules including reservations, contact management, call accounting, and full general ledger accounting. In addition, Bridgestreet will make a significant investment with Software Answers to create numerous custom features. BridgeStreet, Software Answers Expand Pact/Add one

“This new software will expedite our aggressive national and international growth strategy,” says Thomas Vincent, president of BridgeStreet Corporate Housing Worldwide. “We have been extremely pleased with both the service from Software Answers and Oscar 4’s ease of use in our European operations. I’m looking forward to seeing the efficiencies that this program will bring to our North American Operation.”

Brian Garavuso, chief technology officer of Interstate Hotels, agrees, “Software Answers has worked hard to understand our operations and to provide version 4.6 Enterprise with even more functionality to address our unique business needs. We’re confident that Oscar’s deployment will provide us a competitive advantage,” he says.

Software Answers will begin implementing the software by year-end. “After working with BridgeStreet for a year in London and Paris, we are very excited to have the opportunity to convert their U.S. and Canadian operations to Oscar,” says Michael Kirban, executive vice president of the firm.

About BridgeStreet Corporate Housing Worldwide:
A leader in the global corporate housing industry, BridgeStreet Corporate Housing Worldwide provides a flexible solution to temporary housing needs. Its corporate housing choices range from studio, one, two, and three-bedroom fully furnished apartments to condominiums and townhomes, which can be rented by the week, month, or longer.

Every year BridgeStreet welcome thousands of travelers to corporate apartments throughout the United States, Canada, United Kingdom, France, and 40 countries around the world. All BridgeStreet properties meet its uncompromising standards for quality, comfort, and service.

BridgeStreet is a division of Interstate Hotels & Resorts Inc. (NYSE: IHR), the nation's largest independent hotel management company, which was formed July 31, 2002, following the merger of MeriStar Hotels & Resorts and Interstate Hotels Corp.

New Easy-to-Use Software System to Streamline Operations

Software Answers, Inc. the leading provider of technology solutions to the corporate housing industry has completed the first implementation of their much anticipated Oscar 4.0 Property management and Accounting System. The implementation took place at BridgeStreet Europe’s headquarters in London, England. After two months of Beta testing, BridgeStreet “went live” on October 1. “This systemwill significantly streamline our operations and provide great efficiencies.” stated Thomas Vincent, president of BridgeStreet Corporate Housing Worldwide.

BridgeStreet is among three of the world’s largest corporate housing companies that will be implementing Oscar 4.0 this quarter.

Michael Kirban, executive vice president of Software Answers, Inc stated, “BridgeStreet has been the ideal location for us to Beta test Oscar 4.0. With a large amount of properties, a host of specific needs and a very sophisticated management team, we have had the ability to perfect all aspects of the program. We are very pleased with the outcome of the new product. It addresses all of the needs of any industry provider.”

“Software Answers has worked hard to understand our business needs and has added necessary functionality to version 4.0 to make this a superior product that will benefit all of their customers,” said Brian Garavuso, MeriStar’s chief technology officer.

Vincent added, “We are extremely pleased with the ease of use and the detailed reporting functions of version 4.0. The new system has been vital to the reorganization of our London office and quest for growth in 2002.”

About BridgeStreet Corporate Housing Worldwide
BridgeStreet is a wholly owned subsidiary of MeriStar Hotels & Resorts. Headquartered in Washington D.C., Bridgestreet has 17 regional offices across the United States, in Toronto, London and Paris. The company offers upscale, fully furnished corporate housing to most of America's top corporations when their employees are on an assignment, relocating or attending training program. BridgeStreet also offers corporate housing properties in 39 additional countries through its network partners. For more information, visit the company’s Web site: www.meristar.com