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AMTdirect Continues Its Leading Role In Web-Based Lease Administration With Banner 2003 Results


CHARLOTTE, N.C.-- January 20, 2004 -- AMTdirect, the leader in web-based lease administration and document management solutions for the commercial real estate industry, recently announced results for calendar year 2003 with revenue growth exceeding 400% over 2002 and the addition of many new signature clients. Companies implemented in 2003 include Enterprise Rent-A-Car, Branch Bank and Trust (BB&T), Lowe's Companies, Inc. (LOW), Rack Room Shoes, Inc., Novacare/Select Medical, CNL Retirement and others.

Asset Management Technologies, the developer of AMTdirect, also provides complete turnkey implementation services including lease abstraction, lease auditing, and scanning and data conversion services.

"Enterprise-Rent-A-Car is quality-minded, with a keen focus on working with the newest technology and the top service providers to create the most value from its assets,'' said Jeff Barrett, Operations Manager. "What really set AMT apart, aside from leading technology in AMTdirect, was their experience in the industry and the ability to provide a truly turnkey solution. From the initial system setup to imaging and abstraction, the implementation went very smoothly."

"2003 is an example of how lease administration technology is enabling companies to realize the efficiencies and bottom-line savings that web-based lease administration technology provides. Companies from all facets of real estate are starting to see the immediate benefits of this technology. Return on investment occurs immediately as clients begin to use the system," said Scott Schubert, President and CEO of Asset Management Technologies.

AMTdirect offers complete web-based property administration capabilities, including full Lease Administration, Operating Expense Reconciliations, Automated Rental Payments, Accounts Receivables, CPI Calculations, the first truly "proactive" approach to Critical Date Management, Critical Date Calendaring, advanced Document Management with user-defined Foldering, user-defined SQL Queries, Ad Hoc Reporting, over 80 Standard Reports, custom Field Labeling, Co-branding, and multiple user-defined property groupings such as portfolio, project, region, national tenant, concept, property type, broker, NAICS designations, and more.

Clients may give access to as many users as they like at no additional charge. This approach makes sophisticated lease administration and document management capabilities available to all, regardless of size, because it requires no in-house IT staff to operate and no investment in software licenses.

When combining this technology with complete implementation services, you get the industry leader in turnkey lease administration solutions. For more information on Asset Management Technologies' services and solutions, visit our web site at http://www.amtdirect.com or contact AMT's sales department at 704.896.3118, or by e-mail at sales@amtdirect.com.


About AMTdirect

Asset Management Technologies, Inc. was established in 1996. AMT is a leading provider of 100% web-based technology solutions to the corporate and commercial real estate markets. AMT offers a full range of commercial real estate consulting services including lease abstraction, due diligence, data imaging and data conversion, making it a leader in turnkey lease administration solutions. Companies who have turned to AMT include Lincoln Property Company, BB&T, Rack Room Shoes, Dow Chemical, HCA Healthcare, Enterprise Rent-A-Car, Lowe's Companies, Johns Hopkins University and many others.

For more information, visit us on the web at www.amtdirect.com, email us sales@amtdirect.com, or call our Sales Team at (888) 551-4268.


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