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Leo Software Shakes Up Real Estate Software Market with Free Version of Stacking Plan...

Publication: Business Wire
Date: Wednesday, June 20 2007

Free:Leo(TM) gives property managers graphic look at tenant data

First in a series of free applications and resources to be available through LeoBlvd.com

ELK GROVE VILLAGE, Ill. -- Eighth graph of release dated June 4, 2007 should read: Commercial real estate professionals may

register to use the Free:Leo Stacking Plan by visiting http://www.leoblvd.com/stackingplan (sted www.LeoBlvd.com/Free:Leo).

The corrected release reads:

LEO SOFTWARE SHAKES UP REAL ESTATE SOFTWARE MARKET WITH FREE VERSION OF STACKING PLAN APPLICATION

Leo Software, a provider of property information management systems for commercial real estate, today began offering a free version of its unique stacking plan application. The new Free:Leo(TM) Stacking Plan is available exclusively through the company's recently launched LeoBlvd.com online portal for the commercial real estate industry.

The Free:Leo Stacking Plan gives users a key component of Leo Software's core technology. Like the version included in the full Leo Software suite, the Free:Leo Stacking Plan graphically portrays the status of vacancies and leases, color-coding each suite within a building to show deadlines and action dates. The stacking plan provides an at-a-glance barometer for property managers, asset managers and owners. Stacking plans created with the Free:Leo application may be emailed or saved as graphic images for use in other documents.

"The Internet economy has created the expectation among users for free functionality," said Leo President Paul Muessig. "Google, MapQuest, even the Weather Channel - they're all giving away a lot of value through their free online applications. So why pay for it, if you can get it for free?"

"Starting with the Stacking Plan, our Free:Leo applications will help commercial real estate companies take a bite out of their IT costs," said Muessig, with a metaphorical nod to the company's "Leo the Dog" mascot. "We have a mission to get people their data. By providing a free application that delivers immediate value to commercial real estate professionals, we're making it easy for people to gain new insights from their data, make better decisions and manage their properties more effectively."

The Free:Leo Stacking Plan is a secure, Web-hosted application that is accessible from any standard Web browser (such as Internet Explorer). Each registered user's data is securely stored on Leo's dedicated servers at Rackspace, the hosting industry leader, for instant access from any browser-equipped, Internet-connected computer.

In creating a distribution strategy for the Free:Leo Stacking Plan and subsequent Free:Leo applications, the company decided to use its LeoBlvd.com site, which it launched recently to serve as a multi-faceted resource for the commercial real estate industry.

LeoBlvd.com offers information, advice, links to relevant resources and organizations, plus an array of engaging content such as contests, user-submitted favorites, a blog and other entertaining features.

Commercial real estate professionals may register to use the Free:Leo Stacking Plan by visiting http://www.leoblvd.com/stackingplan.

For information on the full Leo Software suite for commercial real estate management, call 877-LEO-SOFT (536-7638). Leo is a Web-hosted application suite, accessed via a custom browser.

About Leo Software

Leo Software develops property information management systems to help commercial real estate professionals simplify, visualize, understand and share complex data - providing answers for managing buildings and portfolios, a platform for collaborating across and among organizations, and new efficiencies for achieving a competitive advantage.

Leo Software brings business intelligence to commercial real estate, and it dynamically answers the question, "What do we need to know about our real estate properties today?" Web-based property binders provide instant access to contracts, lease abstracts, and dynamic stacking plans, with full integration of accounting and other key applications. Commercial real estate professionals developed Leo Software to meet their own needs and vision for moving the industry forward.

For more information, visit www.leosoftware.net, or call tollfree 877-LEO-SOFT (536-7638). Leo Software is headquartered in suburban Chicago.

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