Tell us what you think about the new Article Page. Send us feedback
AWhere's Geo-Analytics Technology Was Chosen to Increase Search Speed and Enable Faster Decision Making for Users of Distressed Real Estate Exchange Platform
GOLDEN, CO--(MARKET WIRE)--Dec 2, 2008 -- AWhere, Inc. (AWI), the provider of geo-analytic solutions for business insight, today announced that Portfolio Matrix Partners, LLC (PMP) has enabled its on-line ReoLynx exchange platform with AWhere's location intelligence functionality.
AWhere enables the real estate exchange platform with substantially reduced search times and the ability to not only dynamically plot the location of individual properties, but also carry and present relevant data on the map, creating a data-rich user experience and enabling faster decision making.
ReoLynx is the first national on-line exchange to facilitate liquidation of the oversupply of foreclosed homes now held by financial institutions. The exchange platform enables affected institutions to anonymously expose inventory of foreclosed real estate to qualified institutional buyers in a transparent and competitive environment. The platform is designed to make transactions quick and cost-effective, and serves the mutual interest of: institutions holding Real Estate Owned, R.E.O., real estate investors, and community-based housing agencies.
"The addition of AWhere to the ReoLynx platform directly supports our commitment to provide, transparency, efficiency, and enhanced service to all participants," explained B. Christopher Wiley, ReoLynx co-founder. "Using geo-analytics, qualified institutional buyers can select from thousands of homes that meet their investment objectives with the click of a mouse."
"The speed at which insight is gained using geo-analytics is unique and we are very pleased to be in adding our technology to ReoLynx's groundbreaking business model," said John D. Corbett, PhD, CEO of AWhere, Inc.
About AWhere, Inc.
AWI develops and provides location intelligence solutions to businesses for users seeking rapid, actionable, quantitative insight from geospatial data analysis. AWhere's collaborative geo-analytic platform empowers all members of an organization to interact with their data, thereby enabling insight at the point of decision making. Headquartered in Golden, Colorado, AWhere has customers worldwide. www.awhere.com
About Portfolio Matrix Partners, LLC
Portfolio Matrix Partners specializes in creating arrangements and relationships that constitute the three pillars of successful trading communities: Liquidity, Transparency and Execution. From concept through engagement, PMP helps organizations assess opportunity, participation and critical dependencies in accordance with strategic objectives. www.portfoliomx.com
Media Contact:
Sara Strebe
Email Contact
Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Marketwire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.