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For Immediate Release March 2003

Real Estate Cyberspace Society Teams With Settlementroom


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REcyber.com 4,000 Members to Get Transaction Management Platform

Vienna, VA - SettlementRoom Systems, Inc., the industry's leading provider of transaction management software, announced today that it has entered into an alliance agreement with the Real Estate Cyberspace Society (REcyber.com). Through this agreement, REcyber.com will provide its 4000+ members with full and unlimited use of SettlementRoom's SR Express online transaction management software. With SR Express, real estate agents and brokers can manage multiple closings, with numerous participants, even across multiple locations, all in real time.

According to Dr. Jonathan Cutler, President of SettlementRoom "The alliance with REcyber.com is a perfect fit for us since the Society shares our vision for using technology as a tool to maximize efficiency and organize the hundreds of communications and documents that bog down every real estate transaction. REcyber.com and its thousands of Society members clearly understand the technology and marketing needs of real estate professionals. We are very proud that REcyber.com has chosen our system for their members."

John M. Peckham III, Executive Director of the Real Estate Cyberspace Society, explained, "It is imperative that real estate professionals adapt to the power of technology. By adopting technologies such as a powerful transaction management platform they can compete by reducing the amount of time they spend managing their workflow by up to 25%. In addition clients now expect their real estate representatives to provide them with information such as transaction status pages on the web. SettlementRoom provides the most elegant and complete solution we've seen. We are pleased to bring this significant tool to the Society's highly techno-savvy members as an additional membership benefit."

SettlementRoom is an established software company serving the real estate industry nationwide. For more information about SettlementRoom, to schedule a demo or an interview, please call 888-881-6600 x88 or feel free to visit www.settlementroom.com. Please direct emails to cstarchild@settlementroom.com.

The Real Estate Cyberspace Society ( www.REcyber.com ) with over 4,000 members in 110 Chapters, provides real estate agents with the latest real estate technology and services to leverage their effectiveness, visibility and professionalism. The Society is the producer of the National Real Estate On-Line Convention and Exposition and is headquartered in Boston (617-523-4441).



For Further information or interviews:

John M. Peckham III
Executive Director
Real Estate CyberSpace Society
Four Longfellow Place, Suite 2408
Boston, MA 02114
Phone: 617-523-4440 Fax: 617-523-4736
E-mail: bostonjack@earthlink.net
Web: www.REcyber.com