news release

PropertyBridge Demonstrates Payments Platform at Multifamily Pro Brainstorming West Conference

OAKLAND, CA - November 13, 2006 - PropertyBridge, Inc., the leading provider of automated payment services for the multifamily housing and property management industries, announced that it will demonstrate its Payments Platform at Multifamily Pro's Brainstorming West Conference, November 14-17, 2006 in Booth #B14. The conference will be held at the Green Valley Ranch Resort and Spa in Las Vegas, Nevada.

Brainstorming West is a national event for multifamily professionals, designed exclusively for our industry’s senior-most decision-makers to network with their peers, explore new opportunities, and brainstorm ideas and solutions to their toughest challenges.

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), online bank bill payment, person-to-person 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, Wells Fargo Bank and First National Bank of Omaha.

Contacts

Peter Mansfield
Vice President of Marketing
pmansfield@propertybridge.com