Commercial Real Estate ISV RE3W Announces Continuation of Development Contract with SoftServe, Inc.

Contract Strengthens Ties with Internationally Known Software Development Company

Santa Ana, CA (PRWEB) January 15, 2005 -- RE3W (www.RE3W.com) the developers of the international commercial real estate application which promises to dramatically accelerate the transaction process from origination to close, and SoftServe, Inc. (www.softservecom.com), the largest software development firm in Ukraine, jointly announced today the continuation of the development contract between the two technology companies.

According to veteran real estate broker and RE3W Founder Richard Frost, Over two years ago, we selected SoftServe because theyre a company accustomed to creative challenges. The RE3W application integrates the latest, most robust, emerging Microsoft Internet technologies (including Web Services)," Frost continued, and SoftServe had the expertise to address that integration. We needed a company familiar with cutting edge technology, confident of their project management skills, and the ability to develop the RE3W application on time, on strategy and on budget. And the fact were continuing our relationship speaks to their performance," Frost said.

RE3W is an Internet-based, commercial real estate application that incorporates proprietary search and mapping technology to seamlessly integrate with universal Microsoft® business applications. RE3W accelerates a transaction process from origination, to negotiation to close, allowing subscribers to monitor deal flow while communicating and sharing selected data with clients, staff, service providers and investors.

Responding to Frosts remarks was Wilfried Voge, SoftServes Senior Vice President (Western US), who commented, Ive been fortunate to have been involved with Dick Frost and RE3W since we were selected to become part of their team. Our development practices range from corporate information systems through specific solutions for vertical markets to the Internet, so developing a revolutionary commercial real estate application was a challenge we enthusiastically accepted. Were looking forward to a long, mutually rewarding relationship with RE3W," Voge concluded.

The announcement from RE3W and SoftServe follows the recent news of RE3Ws proprietary S3 Technology, and the securing of additional funding from The First American Corporation (NYSE: FAF).

About RE3W

Founded in 2000, RE3W has recently launched its charter portion of RE3Ws application focusing on deal origination using proprietary search techniques, data storage and file sharing. The First American Corporation (NYSE: FAF), a Fortune 500 company and the nations largest data provider, is a principal investor in RE3W. Further information can be found on their website: www.RE3W.com, or by contacting them directly at: 714-565-7359.

About SoftServe

SoftServe was founded in 1993 to provide custom software development and consulting services to clients in the US. SoftServes first client was General Electric Corp. Almost doubling in size each year and having completed over 200 projects for its clients, today SoftServe is an established, highly successful and growing corporation with highly skilled software engineers, project managers, analysts and consultants. All development personnel hold advanced degrees in Computer Science or Applied Mathematics, and a number of senior technical managers hold Ph.D. degrees in IT. For more information please visit www.softservecom.com or call 714-565-7372.

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