JACKSONVILLE, Fla., and SAN LUIS OBISPO, Calif. – Fidelity National Real Estate Solutions (FNRES) a division of Fidelity National Information Services, Inc. (NYSE:FIS), and VREO, Inc. (www.vreo.com), a leading real estate software company, today announced that they have launched a joint initiative to increase the utilization of electronic signatures by real estate brokers and agents.
The centerpiece of the effort is bundling VREO's Real Estate Dashboard® e-signature software for Tablet PCs and FNRES' TransactionPoint® transaction and document management platform.
"Electronic signatures are the last piece of the paperless real estate puzzle,” said Walt Clark, senior vice president of product management for FNRES. "Thousands of TransactionPoint users are already managing transactions online, and we are excited that we are now able to deliver an industry-leading solution for signing as well.”
"TransactionPoint is a perfect complement to Real Estate Dashboard” said Brian Boero, VREO's Chief Executive. "Together these products represent a paperless solution that starts with the signature and extends through the entire transaction process.”
Real Estate Dashboard software lets real estate professionals and their clients electronically sign documents as easily as one signs for an overnight package or credit card purchase. TransactionPoint is a Web-based platform for managing all aspects of the real estate transaction process. Documents are easily moved between the two products.
About VREO, Inc.
VREO, Inc. (www.vreo.com) is a privately held company that provides software solutions to real estate brokers, agents and franchise organizations. In April 2005, VREO acquired REDtablet, a company that sold tablet PCs to the real estate industry. VREO is a Premiere member of Microsoft's Tablet PC Partner Program and won the 2004 Inman Innovator Award for real estate brokerage software. VREO, Inc. is based in San Luis Obispo, Calif.
About Fidelity National Information Services, Inc.
Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top ten. Nearly 50 percent of all U.S. residential mortgages are processed using FIS software. Headquartered in Jacksonville, Florida, FIS maintains a strong global presence, serving over 7,800 financial institutions in more than 60 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the "Statement Regarding Forward-Looking Information,” "Risk Factors” and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.