Fidelity National Real Estate Solutions' MLS Systems and Solutions Group Announces Its Acquisition of LAMPS(TM) REALTOR(R) Assoc
October 19 2005 - 8:30AM
PR Newswire (US)
JACKSONVILLE, Fla., Oct. 19 /PRNewswire-FirstCall/ -- Fidelity
National Real Estate Solutions' MLS Systems and Solutions group, a
division of Fidelity National Financial, Inc. (NYSE:FNF), a Fortune
500 provider of products, services and technology solutions to the
financial and real estate industries, today announced its
acquisition of LAMPS(TM) REALTOR(R) Association Management Software
from BravePoint, Inc., a leading provider of technology consulting
solutions. LAMPS(TM) is an Internet-based membership management
software specifically designed for REALTOR(R) Associations which
provides real-time integration with the National Association of
REALTORS(R) Database System (NRDS). In addition, LAMPS(TM) provides
comprehensive management tools, which include committee management
and education, convention and meeting management. The software is
member-enabled and provides for online registration and full
billing/invoice detail, as well as credit card billing integration.
"We are proud of this acquisition, as it will give us the ability
to provide LAMPS to our MLS partners as well as REALTOR(R)
associations," said Beverly Faull, SVP and General Manager of
Fidelity National MLS Systems and Solutions. "As a
state-of-the-art, fully Web-based solution, LAMPS provides an
easy-to-use application to streamline and enhance efficiency within
any size MLS or REALTOR(R) organization. It provides Internet
access of membership information to members of the organizations
with more attractive pricing and simpler integration to the Web
than its competitors. LAMPS and other new services are examples of
our continued commitment to provide tomorrow's solutions today."
"We are excited that Fidelity recognizes the value of LAMPS(TM) to
the real estate industry, and we believe that they will provide
additional value to the product and its users as they integrate
LAMPS into their technology offerings," said John Harlow, President
of BravePoint, Inc. "Clareity has watched the LAMPS product grow
and mature over the past couple of years and the customers we have
spoken to really like it," commented Gregg Larson, President of
Clareity Consulting, a leading real estate IT consulting firm.
"LAMPS is a modern, well-designed system, and Association
management software is a logical fit for a company like Fidelity
MLS." LAMPS is easy to integrate and may be utilized by any
association or MLS that is looking for a state-of-the-art
membership management system. For more information, please call
Vice President of Product Development Marty Reed at 913-693-0186.
About Fidelity National Financial Fidelity National Financial,
Inc., number 261 on the Fortune 500, is a provider of products and
outsourced services and solutions to financial institutions and the
real estate industry. FNF had total revenue of nearly $8.3 billion
and earned more than $740 million in 2004, with cash flow from
operations of nearly $1.2 billion for that same period. FNF is the
nation's largest title insurance company, with nearly 31 percent
national market share, and is also a provider of other specialty
insurance products, including flood insurance, homeowners insurance
and home warranty insurance. Through its majority-owned subsidiary
Fidelity National Information Services, Inc. ("FIS"), the Company
is a leading provider of technology solutions, processing services
and information services to the financial services and real estate
industries. FIS' software processes nearly 50 percent of all U.S.
residential mortgages, it has processing and technology
relationships with 45 of the top 50 U.S. banks and more than 2,800
small and mid-sized U.S. financial institutions and it has clients
in more than 50 countries who rely on its processing and
outsourcing products and services. FIS also provides customized
business process outsourcing related to aspects of the origination
and management of mortgage loans to national lenders and servicers.
FIS offers information services, including property data and real
estate-related services that are used by lenders, mortgage
investors and real estate professionals to complete residential
real estate transactions throughout the U.S. More information about
the FNF family of companies can be found at http://www.fnf.com/ and
http://www.fidelityinfoservices.com/ . About BravePoint BravePoint
Inc., headquartered in Norcross, Georgia, is a leading developer of
e-business and enterprise solutions for Global 2000 corporations,
independent software vendors (ISVs) and e-commerce companies. Their
software product, LAMPS(TM), is built to facilitate member
management of REALTOR(R) Associations. Since 1987, BravePoint has
helped more than 1,000 organizations create efficiencies and
increase competitive advantage through application development and
integration, ongoing training and on-site support for the
Progress(R) market as well as the Java(TM)-based and .NET services
sector. BravePoint is included in the information services group of
Chesapeake Utilities Corporation (NYSE:CPK). For more information
about BravePoint, please visit http://www.bravepoint.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 Financial, Inc. CONTACT: Daniel Kennedy Murphy,
Senior Vice President, Finance and Investor Relations,
+1-904-854-8120, or , or Darcy Patch, Senior Vice President of
Marketing, Office of the Enterprise, +1-949-477-1173, or , both of
Fidelity National Financial, Inc. Web site: http://www.fnf.com/
http://www.fidelityinfoservices.com/ http://www.bravepoint.com/
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