IRVINE, CA, July 21 / MARKET WIRE/ --
     NWP Services Corporation (NWP), the leading
provider of proven financial transaction processing solutions for the
multifamily housing industry, today announced that it has introduced a new
and improved format for the bills it sends to apartment residents.
     The enhanced bills feature an updated design including new colors, an
easy-to-read layout and improved arrangement of resident account
information. Other new features include additional space for resident
messages and additional information printed on bills to assist
Spanish-speaking residents, the latter representing an advance in the
company's
Spanish-speaking support initiative that began early this year.
     Michael Radice, president and CEO of NWP remarked, "The launch of NWP's
improved resident billing statement demonstrates our commitment to
excellence in every detail of the services we provide both to our customers
and to the residents they serve." Radice added, "The combination of the
enhanced bills with our just-released electronic bill delivery option will
not only help increase overall resident satisfaction but will improve
payment accuracy and speed for the property owners and managers we serve."
     About NWP Services Corporation:
     Headquartered in Irvine, California, NWP Services Corporation (NWP) serves
the multifamily housing industry as its leading financial transaction
processing provider. NWP is known for its industry expertise delivering
proven results and exceptional quality in resident billing, resident
payment processing and utility management.
     Resident billing by NWP helps property owners offset their utility
expenses. The company's utility cost recovery team allocates utility
charges to residents and prints and sends the bill; NWP's billing options
now include convergent-or "rent-inclusive"-billing through its Resident
OneBill service. Complementing its billing services, the company's
electronic resident payment processing service; called Resident ePay;
enables residents to pay their rent, utilities and other monthly charges
online or at the rental office with funds transferred to the property's
bank account electronically. Resident ePay gives residents convenience and
choice and enables owners to access cash faster. In addition, with its
UtilityPay Manager program, NWP processes and pays invoices sent to
customers' properties by utility companies. UtilityPay Manager helps
customers reduce time spent on administrative bill payment work and
provides them with valuable utility data and additional cost management
opportunities, including recovering expenses from residents when they fail
to transfer utilities into their own name.
     NWP's offerings are available as individual services or as a fully
integrated solution and are designed to accelerate the financial
performance of our customers, allowing them to recover and reduce operating
costs, create operational efficiencies, improve NOI and FFO and boost
resident satisfaction. Additional information is available at
www.nwpsc.com.
     
     Contact for NWP Services Corporation:
David Collins
949-253-2589Email Contact
      


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