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The Benenson Capital Company Selects AMTdirect for Web-Based Lease Administration and Document Management


CHARLOTTE, N.C.--(BUSINESS WIRE)--March 26, 2002--The Benenson Capital Company, one of the nation's oldest and most active privately-held real estate investment, development, ownership and management companies has selected AMTdirect as their lease administration and document management platform for their portfolio of owned and managed property.

Asset Management Technologies, the developer of AMTdirect, who also provides complete implementation services including lease abstraction, lease auditing, scanning and data conversion services, had Benenson completely implemented in less than three weeks.

``The Benenson Capital Company is quality-minded, with a keen focus on working with the newest technology and the finest service providers to create the most value from its assets,'' said Richard A. Kessler, Benenson Capital Company's Chief Operating Officer. ``AMT and AMTdirect are both examples of our meticulous audit process.''

This was the third in a series of AMTdirect client wins in January 2002; demonstrating that companies are realizing the efficiencies and bottom-line savings that web-based lease administration technology is providing. Companies from all facets of real estate are starting to see the immediate benefits of this technology. Return on investment usually occurs immediately as clients begin to use the system.

``The technology in AMTdirect is truly state-of-the-art. It's the first system we've seen that actually takes a proactive stance toward managing our critical information. We don't have to rely on our users to run reports to get information; AMTdirect actually notifies our users as soon as the information is input into the system for all of their critical events.'' said Anthony Margiotta, Benenson Capital's Assistant Controller.

AMTdirect offers complete web-based property management capabilities; including 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 55 Standard reports, user defined data Import and Export capabilities, custom Field Labeling, advanced User Security module, Co-branding, and multiple user defined groupings such as portfolio, project, region, national tenant, 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 digital lease administration and advanced document management capabilities available to all, regardless of size, because it requires no in-house IT staff to operate and no upfront 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 Jason Solomonson at 704.896.3118, x 24, or by e-mail at jsolomonson@amtdirect.com.

The Benenson Capital Company, founded in 1905 by Benjamin Benenson, is known as a long-term, opportunistic real estate owner, investor, manager and developer of real estate throughout the United States, Canada and Europe. The Benenson Capital Company's holdings include retail sites, shopping centers, office buildings, corporate headquarters, research and development facilities, warehouse and distribution facilities, light industrial space, hotels, residential and senior housing facilities. The 200-plus-asset portfolio has been enhanced through the integration of active development and redevelopment programs. The Benenson Capital Company has joint ventured with many of the leaders in the real estate field and has tenants comprised of numerous Fortune 500 companies.

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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