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SANTA BARBARA, Calif., Aug 6, 2003 /PRNewswire-FirstCall via COMTEX/ --
FNIS (Nasdaq: FNIS), the nation's most comprehensive source for real estate-related data and valuations, technology solutions and services, and RE/MAX International, a leading real estate organization in the United States and Canada, today jointly announced the renaming and re-branding initiative for two market-leading products -- RE/MAX Agent 2000(TM) and RE/MAX Office 2000(TM).
The collaborative re-introduction of RE/MAX Agent 2000 as AgentOffice for RE/MAX, and RE/MAX Office 2000 as Broker BackOffice Pro for RE/MAX provides an excellent opportunity to achieve new brand awareness and enrich the successful FNIS -- RE/MAX relationship. Under the new name, both products will continue to be offered to RE/MAX affiliates as powerful solutions to automate office management processes. Our commitment of integrating solutions designed to make brokers and their agents more productive and profitable on every transaction has not changed. What is new is the name of each product -- AgentOffice for RE/MAX and Broker BackOffice Pro for RE/MAX.
"While these brands have become synonymous with agent and broker productivity tools for RE/MAX associates, referencing the year 2000 in the product name is inappropriate today and going forward," said FNIS Chief Executive Officer Patrick F. Stone. "With more than 12,000 RE/MAX associates currently using the product, RE/MAX Agent 2000 has gained broad brand acceptance since its introduction and with more than 1,500 RE/MAX broker associates currently using RE/MAX Office 2000, this significant market presence will enable the renaming to occur with minimal disruption and confusion," Stone said.
Simultaneous to the renaming of both of these products, FNIS is launching its new 32-bit Broker BackOffice Pro for RE/MAX, and positioning it as the most cost-effective back office product available for RE/MAX broker/owners. The new 32-bit version will enable interfacing to the Internet and email capabilities.
"As technology advances are made, it is important that our members have the newest products available," said Kristi Graning, RE/MAX vice president of Web Services and Technology Marketing. "These updates, including the more appropriate names, will provide RE/MAX offices and agents the most efficient tools available for their office and personal real estate business operations."
New logo designs will be incorporated in all future FNIS and RE/MAX promotional material, including Web sites, brochures, data sheets, forms and packaging material. Additionally, all product marketing for Broker BackOffice Pro for RE/MAX will combine communications for the new name and branding with the launch of the new 32-bit version of the product.
During the past six years, FNIS has enjoyed a successful relationship with RE/MAX International, offering RE/MAX associates and brokers private branded technology tools. AgentOffice for RE/MAX, formerly known as Agent 2000 and Broker BackOffice Pro for RE/MAX, formerly known as Office 2000, were designed exclusively for RE/MAX International to provide solutions to help RE/MAX brokers manage their business effectively.
ABOUT FNIS
Fidelity National Information Solutions, Inc. provides technology, data, valuations, solutions and services to lenders, real estate professionals, settlement companies, vendors and other real estate industry participants. The data segment targets the information needs of lenders, originators, real estate professionals and residential loan servicers and provides the data solutions that these mortgage professionals require in selling homes and underwriting mortgage loans. The solutions division provides technology products and services. FNIS is the nation's largest provider of Multiple Listing Services (MLS) systems and supplies tools that allow real estate professionals to improve efficiency, lower costs, reduce risks and better manage and operate their businesses. The services segment adds value by combining manual intervention, outsourcing or process improvement with one or more of our technology, data, solutions or service offerings. FNIS was ranked 12th by Bloomberg on their Top 100 Hot Stocks in 2002 list.
FNIS is a majority-owned subsidiary of Fidelity National Financial, Inc. (NYSE: FNF), a Fortune 500 Company and the nation's largest title insurance and diversified real estate-related services company. FNF's title insurance underwriters -- Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title -- together issue approximately 30 percent of all title insurance policies nationally. The company provides title insurance in 49 states, the District of Columbia, Guam, Mexico, Puerto Rico, the U.S. Virgin Islands and Canada.
ABOUT RE/MAX
The RE/MAX franchise network, now in its 30th year of consecutive growth, is a global real estate system operating in 43 countries. More than 4,500 independently owned offices engage 83,000 member sales associates who lead the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, relocation, and asset management. For more information visit www.remax.com .
SOURCE FNIS
Darcy Patch, Vice President of Corporate Marketing, +1-949-477-1173, dpatch@fnis.com; or Kristi Graning, Vice President, Web Services and Technology Marketing, +1-303-770-5531, kgraning@remax.net (FNIS)
Copyright (C) 2003 PR Newswire. All rights reserved.
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