Apex - It's Not Just Sketching Anymore; Apex Unveils New Generation Products

September 01, 2006

SAN ANTONIO--(BUSINESS WIRE)--Aug. 31, 2006--Apex Software, the standard in sketching in the real estate appraisal market, unveiled today new products and services -- its fourth generation desktop software, Medina, its companion fourth generation mobility product, named Nexus, and an annual maintenance program to support them. The announcement was made in conjunction with its new product website. Medina offers a simpler user interface, more flexible licensing options, and numerous usability features. It does not, however, contain any changes to its core integration code. "Our customers have come to expect innovative product releases. We've delivered," stated Robert Smoote, Apex Software's Vice President of Product Management. "But they also count on us to ensure smooth integration with other appraisal packages. Medina uses the exact same integration tools as our previous version and is designed to be a drop-in replacement for integration with their other software." Medina not only addresses many of the major desires of current users, but is also a link to Nexus, an appraisal field solution that runs on Ultra Mobile PCs and Tablet PCs. "Nexus will take our customers to the next level of field appraising. Its revolutionary design to address work flow, sketching and data gathering renders the use of pencil and paper obsolete," adds Smoote. "Couple that with our coming GIS capabilities and the mobile devices available today and our users have the perfect field solution. Nexus is truly revolutionary and will have a huge impact on the mobile industry." "Additionally, our new maintenance program provides more than live technical support, unlike most companies. It also puts our customers on track to receive discounts for our Continuing Education Seminars, Training and other value added services such as free updates and versions to the software they purchase and a free Webinar. Medina will be released in November of this year to the fee appraisal market. Nexus will be released to Australian valuers in September, to the U.S. mass appraisal market in October, and to the fee appraiser market in January.

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