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PropertyBridge CEO Ryan Gilbert to Speak at NACHA’s PAYMENTS 2007 Conference

OAKLAND, CA – April 16, 2006 –  PropertyBridge, Inc., the leading provider of electronic payment processing services to the multifamily industry, today announced that Ryan Gilbert, CEO of PropertyBridge will moderate a session titled “RENT: How Do You Measure Success?” at PAYMENTS 2007, NACHA's annual conference on electronic payments. This year's conference will be held in Chicago from April 15-18, 2007 at the Hyatt Regency Chicago.

The session will feature a case study on the electronic payment system implemented by AIMCO, an $11 billion property investment and management company, and the nation's largest owner and operator of apartment communities. In addition to Mr. Gilbert, the session’s panel will also include Jeff Moran, Vice President of First National Bank of Omaha and Michael Hicks, Project Manager at AIMCO.

Presenters will provide insights on the business problem, selection process, implementation, and business value derived from implementing a comprehensive electronic payment solution. The session entitled “RENT: How Do You Measure Success?” is part of the Corporate Payment Solutions track, scheduled on Wednesday, April 18, from 10:30 a.m. – 11:30 a.m. in Regency B at the Hyatt Regency Chicago.

Complete information about PAYMENTS 2007, including sessions, workshops, speakers, exhibitors and sponsors, is available on NACHA's website at http://www.nacha.org/conferences/Payments2007

About NACHA - The Electronic Payments Association

The Automated Clearing House (ACH) Network facilitates commerce, electronically, by serving as an efficient, reliable and secure payments system. NACHA, led by member depository financial institutions and payments associations, fulfills this purpose by managing the development, administration, and governance of the ACH Network, and by providing superior services and value to its members as the industry association responsible for ACH payments. NACHA represents more than 11,000 financial institutions through direct memberships and a network of regional payments associations, and 650 organizations through its industry councils. Visit NACHA on the Internet at www.nacha.org.

About PropertyBridge, Inc.

PropertyBridge is the leading provider of automated payment processing services to real estate owners and managers. The PropertyBridge Payments Platform enables residents to pay rent and other lease-related transactions using an array of payment types, including credit and debit cards, Automated Clearing House (ACH), check scanning (Check 21/ARC), cash payment services, online bank bill payment and lockbox services. PropertyBridge provides management firms with a previously unattainable level of integration and administrative efficiency in key areas of their business. The company collaborates extensively with financial services leaders including Visa USA, MasterCard, Discover Financial Services, American Express, Western Union, Wells Fargo Bank and First National Bank of Omaha.

Contacts

Peter Mansfield
Vice President of Marketing
pmansfield@propertybridge.com