CLINTON TOWNSHIP, Mich., March 14, 2006 (PRIMEZONE) -- ZipForm(r), the leading brand of forms software for the real estate industry, has been chosen for implementation by Fidelity National Real Estate Solutions, a division of Fidelity National Information Services, Inc. (NYSE:FIS) and leading provider of technology, services and solutions to the financial and real estate industries. As part of this new agreement, RE FormsNet(r), LLC, the creator of ZipForm(r), will provide data from ZipForm(r) and WINForms(r) real estate forms applications for integration with Fidelity National Real Estate Solutions' technology offerings.
This integration will allow real estate professionals to transfer data from their ZipForm(r) and WINForms(r) Online transactions 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.
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.
"Partnering with prominent industry leaders like Fidelity National Real Estate Solutions advances our mission to help real estate professionals realize growth," said Robert Bailey, Chairman of the Board of RE FormsNet(r). "Enabling seamless data flow from our applications to Fidelity's transaction management platform will create greater efficiencies for our mutual clients, ultimately resulting in reduced risk, conserved resources, and new opportunities for business expansion."
"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."
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 www.fidelityinfoservices.com.
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(r), is a REALTOR Benefits(sm) partner and the Official Forms Software of the National Association of REALTORS(r). ZipForm(r) 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 www.zipform.com.