Connexion Technologies Partners with Riverstone Communities

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Cary-based technology company to serve thousands of residents in Riverstone communities nationwide.

By welcoming and managing a wide variety of leading service providers on our infrastructure, we can enable the delivery of a robust selection of service offerings at a significant savings.

Connexion Technologies today announced its partnership with Riverstone Communities, a leading owner and manager of 51 mobile home parks throughout the eastern United States. Connexion will create a customized network solution for the delivery of services such as television, high-speed Internet, and telephone.

Connexion Technologies’ will work with all 51 of Riverstone’s communities across the country. The Michigan-headquartered company owns approximately 9000 home sites nationwide.

“Our unique business model enables us to deliver a customized technology solution that best fits the needs of each property,” said Carter Teague, executive vice-president of Connexion Technologies. “By welcoming and managing a wide variety of leading service providers on our infrastructure, we can enable the delivery of a robust selection of service offerings at a significant savings.”

“We are very pleased to be partnered with Connexion Technologies,” said Gary Dabkowski, Chief Financial Officer of Riverstone Communities. “As the largest privately held investment company of their kind in the country, Connexion Technologies is able to immediately increase the value of our portfolio across the board without risk or a capital contribution on our end.”

“We see this partnership creating not only increased revenues and valuation for our company, but also a distinct market advantage. We are excited by Connexion Technologies’ ability to enable services for all of our properties in 2010.”

For more information about Riverstone Communities, please visit, http://www.rivstone.com.

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Susan Knowles
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