Vienna, VA - SettlementRoom Systems, Inc. announced today that it has entered into an alliance agreement with the Real Estate Cyberspace Society. Through this agreement, REcyber.com will provide its 4000+ members with full and unlimited use of SettlementRoom's SR Express on-line transaction management software. With SR Express, real estate agents and brokers can manage multiple closings, with numerous participants, even across multiple locations, all in real time.

According to Dr. Jonathan Cutler, President of SettlementRoom The alliance with REcyber.com is a perfect fit for us since the Society shares our vision for using technology as a tool to maximize efficiency and organize the hundreds of communications and documents that bog down every real estate transaction. REcyber.com and its thousands of Society members clearly understand the technology and marketing needs of real estate professionals. We are very proud that REcyber.com has chosen our system for their members.

John M. Peckham III, Executive Director of the Real Estate Cyberspace Society, explained, "It is imperative that real estate professionals adapt to the power of technology. By adopting technologies such as a powerful transaction management platform they can compete by reducing the amount of time they spend managing their workflow by up to 25%. In addition clients now expect their real estate representatives to provide them with information such as transaction status pages on the web. SettlementRoom provides the most elegant and complete solution we've seen. We are pleased to bring this significant tool to the Society's highly techno-savvy members as an additional membership benefit."

Published: March 25, 2003

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