A Message from Lisa Benson and Ellipse Communications Inc.

Happy 2006 - May it be a prosperous year for us all!

Seven years ago we started as a technology service provider for the Multifamily Industry. Because of our continued communications through email, snail mail, trade shows, countless panel discussions, and most importantly, rich client conversations, we heard what is important to you and responded. Thanks to all of you for your professional input and product guidance, as we continue evolving as the leading technology service provider for our industry. If you missed our road shows in 2005 then unfortunately you missed many of our exciting announcements. We announced our acquisition of MultiMark, an Intranet applications provider for Multifamily, and Relate 24/7sm, a unique outbound resident communications program.

So in previewing 2006, I ask you to please spend just a few minutes with the following details:

2006 Products and Services
Continuing with announcements, last year we announced the expansions and enhancements of the Apartment Toolbox®. Ellipse now offers three versions: the Apartment Toolbox® Gold for those management companies with 5K to 25K units within their portfolio; and the Apartment Toolbox® Platinum for those with 25K+ units within their portfolio. Please visit us online at www.ellipseinc.com and see our Apartment Toolbox® demonstrations located on the top right-hand corner of the home page where it says “TOOLBOX.” We encourage you to learn more about what we can do for your specific needs.

2006 Fee Structure
We assess our pricing structure and web services agreements once a year to determine if we are accurate in our approach. With that understanding, we made some adjustments to our fees and want to highlight the key points.

The following changes are effective March 1, 2006 unless noted otherwise:

  • Hourly rate for maintenance changes that do not constitute provisions within the web services agreement are $105.00 per hour (effective January 1, 2006).
  • All accounts payable balances are due in full within 45 days of receipt with a 1.5% monthly interest rate accrued for all balances after 60 days.
  • Any and all past due balances are subject to disconnection per the web services agreement with an associated $35.00 reconnect fee.

Things to Come in 2006
In addition to our product upgrades, our tradeshow giveaway this year will prove to “outdo” the cows from last year! Please make it a point to come by our booth at many of the usual places: NAA, TAA, Brainstorming East and West and most important, Multihousing World. This year I have the honor of being a co-chair for the technology track for MHW in Chicago.

Before the end of March we will complete a program designed specifically for our clients to show our appreciation for your business. The program will offer incentives to all of our clients, based on the length of account duration. There are so many new products and services developed over the past few years, that we want to make it irresistible for existing clients not to obtain them. We believe this new program will improve your leasing, marketing, and resident retention, while making your current website(s) result in a better investment.

On behalf of everyone here at Ellipse Communications Inc., thanks for being a part of our continued success, as we couldn’t do it without your participation. As technology continues to grow, becoming a necessary part of the Multifamily Industry, we want to continue to shine as your partner.



If you would like additional information regarding any of our new products and services, please contact someone in our sales department.
Susan Wilson
swilson@ellipseinc.com
Josh Bennett
josh@ellipseinc.com

Sincerely,

Lisa Benson, President, CEO

decline newsletter want individual training?