NWP Services Corporation and Spherexx.com® Form Strategic Alliance to Increase Yield Per Unit for Apartment Communities

COSTA MESA, Calif., June 26, 2012 /PRNewswire/ -- NWP Services Corporation (NWP), a leading provider of utility management, resident and property operation services, and Spherexx.com®, an established leader in apartment industry website, Internet marketing and software development services, today announced a strategic alliance to provide improved rent yield options and payment services to apartment communities nationwide that will generate increased revenue for property owners and managers.

Through this alliance, Speherexx.com will now offer NWP's payment services, called Resident ePay. NWP will now offer Spherexx.com's RentPush.com™, an online, science-driven service that analyzes market data to identify the optimum per unit pricing by unit type, occupancy date and lease term.  

"By incorporating Spherexx.com's RentPush.com services into NWP's suite of solutions, our clients are better able to assimilate all current and competitive pricing, weigh external, economic influences and determine the best price per unit," said Mike Radice, president and CEO, NWP. "Ultimately, this enables properties to maximize their asset's value and improve its revenue."

"We are taking business intelligence in the multifamily industry to a new level, enabling our clients to streamline sales and administration at a heretofore unrealized potential for profitability," commented Becca Wilson, president and CEO of Spherexx.com. "We are pleased to join NWP in this shared mission of providing marketing, management and now electronic payment systems that enable our clients to focus on results and cash flow, rather than reactions, in a challenging economic landscape."

These services are available to multifamily companies, regardless of size or choice of property management software.

About NWP Services Corporation

Headquartered in Costa Mesa, Calif., NWP Services Corporation (NWP) NWP Services Corporation (NWP) is a leading provider of utility management, resident and property operation services that enable multi-housing properties to drive down their costs and create new revenue opportunities. NWP services include utility expense recovery, energy management, invoice processing automation; online payments and spend management; resident billing and submetering services; and facility management and online supply procurement solutions. NWP offers regulatory consulting services and multifamily industry benchmarking analytics and extensive reporting technologies, as well as comprehensive services and solutions to optimize back office systems. NWP is the industry's premier provider of nationwide submetering installation and maintenance services. Additional information is available at www.nwpsc.com.

About www.Spherexx.com ®—Ad Agency | Software Development | Data Centers

Established in 2000, Spherexx.com is recognized as an established leader in the apartment industry web site, Internet marketing and software development services. With offices located in Tulsa, Dallas and Houston, the company has been distinguished as one of INC5000's fastest growing companies. Spherexx.com offers a wide selection of professional services including web design and development, touch-screen kiosks, Internet lead generation tools, online advertising, apartment leasing consulting, advanced mobile technology, apartment lease-up marketing consulting, software as a service, and search engine performance.

SOURCE NWP Services Corporation