Extends Domin-8's Ability to Manage a Wider Range of Properties and Offers Logicbuilt Customers Access to Integrated Value-Added Services
Cincinnati, Ohio, May 31, 2006 - Domin-8 Enterprise Solutions, a leading provider of advanced property management software and services for the multifamily housing industry, today announced the acquisition of Logicbuilt Inc. of Vista, California. Logicbuilt provides a set of applications for real estate, construction, maintenance and many other service-based industries.
The Logicbuilt family of solutions is designed for a wide variety of property management companies, from small user to industry professional. The acquisition of Logicbuilt marks Domin-8’s third acquisition this year, following the acquisitions of Madison, Wisconsin-based American Computer Software (ACS) announced on January 11, 2006, and Rockville, Maryland-based PMAS announced on March 13, 2006.
The Logicbuilt - Manage-IT product fits well within the Domin-8 portfolio of solutions. Domin-8’s Paradigm™ Residential Property Management (RPM) delivers a breakthrough solution for apartment property management, allowing real estate companies, through the use of advanced Web-based software and services, to achieve the full potential of their property investment. Paradigm RPM provides support for large scale market rate and tax credit multifamily housing.
Domin-8’s RealProperty PLUS, from PMAS, offers a fully integrated front and back office Windows-based solution for the midsize market rate, tax credit and HUD multifamily market. It also includes commercial and retail capabilities and a comprehensive integrated accounting solution. Domin-8’s Management PLUS, from ACS, delivers a comprehensive Windows-based solution for small to midsize market rate, tax credit and HUD housing, as well as student, senior, and military housing.
“We are pleased to announce the acquisition of Logicbuilt, as they offer extensive technology that will continue to enhance the superiority of Domin-8’s property management software solutions,” said Greg McGrath, President of Domin-8. “This third acquisition since the beginning of the year continues to underscore our strategic vision of providing exemplary software products, service and support for property managers around the globe.”
“Domin-8 is the new leader in the property management software industry. Their strategic vision, which is currently being executed with their recent acquisitions, gives the Logicbuilt customers the ability to expand the value of their Manage-IT investment through the integration of Domin-8’s Value-Added Services,” said Bryan Keith, Senior Vice President of Sales and Operation for Logicbuilt. “Domin-8’s Value-Added Services will bring a competitive differentiator, and an ancillary revenue stream, to the current Logicbuilt customer base.”
About Logicbuilt
Logicbuilt Inc. is an industry specific software company that develops applications for Real Estate, Construction, Maintenance and many other service-based industries. The Logicbuilt family of solutions is designed for a wide variety of property management companies, from small user to industry professional. Manage-IT Professional is designed for the owner operator or small management company. Manage-IT Advanced is targeted for the industry professional, while Manage-IT Enterprise extends the software even further, allowing large property management companies to control very large amounts of information. With Manage-IT property management software, as you grow, so does your software. For more information, visit www.logicbuilt.com.
About Domin-8 Enterprise Solutions
Domin-8 Enterprise Solutions is a leading provider of advanced property management software and services for the multifamily housing industry. Domin-8 offers three property management solutions: Paradigm Residential Property Management (RPM), a fully-integrated, web-based solution for large scale market rate and tax credit housing; Management PLUS, a comprehensive Windows-based solution for small to midsize market rate, tax credit and HUD housing, as well as student, senior, and military housing; and RealProperty PLUS, a Windows-based front and back office solution for midsize market rate, tax credit and HUD housing, plus commercial, and retail. Domin-8 also delivers a full suite of tightly integrated Value-Added Services for background screening, renters insurance, and electronic payments, giving property owners and managers a single point of control for every aspect of apartment property management. Domin-8 offers a complete portfolio of training, implementation and support services. Domin-8 is headquartered in Cincinnati, Ohio. For more information, visit www.domin-8.com.
For More Information Contact:
Scott Griffith
Zintel Public Relations
317-569-8888
scott.griffith@zintelpr.com
