Fidelity National Real Estate Solutions Announces Agreement to Integrate ZipForm(R) and WINForms(R) Real Estate Forms Applicati
March 14 2006 - 6:30AM
PR Newswire (US)
JACKSONVILLE, Fla., March 14 /PRNewswire-FirstCall/ -- Fidelity
National Real Estate Solutions, a division of Fidelity National
Information Services, Inc. (NYSE:FIS), today announced a strategic
agreement with RE FormsNet(R), LLC, a joint venture between the
National Association of REALTORS(R) and Real Estate Business
Services, Inc. (REBS), a subsidiary of the California Association
of REALTORS(R) (C.A.R.). As part of this new agreement, direct
integrations between Fidelity National Real Estate Solutions'
transaction management technology offerings and RE FormsNet's(R)
ZipForm(R) and WINForms(R) real estate forms applications will be
facilitated. This integration will allow real estate professionals
to minimize key strokes by transferring or copying data from their
ZipForm(R) and WINForms(R) listing or sales contract form to
Fidelity's TransactionPoint(R) transaction management platform,
where key events, service orders and documents related to a real
estate transaction may be created, viewed and tracked. MLS and
forms integration facilitates the seamless flow of information,
which reduces transaction cycle time, as well as the possibility of
errors associated with re-keying data between different systems.
Customer service levels and communication are also enhanced,
benefiting all real estate transaction participants by allowing the
forms to be stored electronically for all parties in the
transaction to access. Both Fidelity National Real Estate Solutions
and RE FormsNet(R) believe the integration with TransactionPoint(R)
and the ZipForm(R) and WINForms(R) applications will create a more
efficient workflow for their mutual clients. "We are excited about
teaming up with Fidelity National Real Estate Solutions and our
plans to enable seamless data flow from our applications to
Fidelity's transaction management platform," said Robert Bailey,
Chairman of the Board of RE FormsNet(R). "This data flow will
surely create greater efficiencies for our mutual clients,
ultimately resulting in reduced risk and expenses." "Our bottom
line vision is to create value for our customers and help them to
strengthen their businesses by streamlining processes, reducing
risk and minimizing expenses," said Walt Clark, Sr. Vice President
of Transaction Management Solutions for Fidelity National Real
Estate Solutions. "With extensive resources and products that
support the real estate industry, Fidelity is uniquely positioned
to form alliances with strong industry partners like RE FormsNet(R)
that result in solutions that support our ongoing commitment to our
customers." About Fidelity National Information Services Fidelity
National Information Services, Inc. (NYSE:FIS) is a leading
provider of core processing for financial institutions; card issuer
and transaction processing services; mortgage loan processing and
mortgage-related information products; and outsourcing services to
financial institutions, retailers, mortgage lenders and real estate
professionals. FIS has processing and technology relationships with
35 of the top 50 global banks, including nine of the top ten.
Nearly 50 percent of all U.S. residential mortgages are processed
using FIS software. Headquartered in Jacksonville, Florida, FIS
maintains a strong global presence, serving over 7,800 financial
institutions and over 100,000 retailers in more than 60 countries
worldwide. For more information on Fidelity National Information
Services, please visit http://www.fidelityinfoservices.com/ . FIS
is a majority-owned subsidiary of Fidelity National Financial Inc.
(NYSE:FNF), number 261 on the Fortune 500 and a provider of
outsourced products and services to a variety of industries. More
information about FNF can be found at http://www.fnf.com/ . About
Real Estate Business Services Inc. Real Estate Business Services
Inc. (REBS) is a subsidiary of the California Association of
REALTORS(R) (C.A.R.) and the leading provider of real estate
products and services to practitioners in California. About RE
FormsNet ZipForm's(R) family of tech-savvy products has become the
recognized industry standard for electronic real estate forms and
is currently used by more real estate professionals than any other
real estate software program. RE FormsNet(R), the creator of
ZipForm, is a REALTOR Benefits(SM) partner and the Official Forms
Software of the National Association of REALTORS(R). ZipForm is
available to more than 1,020,000 REALTOR(R) members in the U.S. For
more information on ZipForm's(R) solutions for today's real estate
industry please visit ZipForm's(R) Web site at
http://www.zipform.com/ . This press release contains statements
related to future events and expectations and, as such, constitutes
forward-looking statements. These forward-looking statements are
subject to known and unknown risks, uncertainties and other factors
that may cause actual results, performance or achievements of the
Company to be different from those expressed or implied above. The
Company expressly disclaims any duty to update or revise forward-
looking statements. The risks and uncertainties which
forward-looking statements are subject to include, but are not
limited to, the effect of governmental regulations, the economy,
competition and other risks detailed from time to time in the
"Management's Discussion and Analysis" section of the Company's
Form 10-K and other reports and filings with the Securities and
Exchange Commission. DATASOURCE: Fidelity National Information
Services CONTACT: Mary Waggoner, Senior Vice President, Investor
Relations, +1-904-854-3282, or , or Darcy Patch, Senior Vice
President of Marketing, Office of the Enterprise, +1-949-477-1173,
or , both of Fidelity National Information Services, Inc. Web site:
http://www.fidelityinfoservices.com/ http://www.fnf.com/
http://www.zipform.com/
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