AUM Unveils Performance Dashboard and Convergent eStatement at Annual NAA Conference and Exposition

Company celebrating 20 years of Multifamily energy management and resident billing.

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| Source: American Utility Management

LOMBARD, Ill., June 16, 2014 (GLOBE NEWSWIRE) -- American Utility Management (AUM), celebrating its 20th anniversary of providing integrated energy management and resident billing programs for Multifamily, today announced two new tools to its service offerings with the unveiling of its Performance Dashboard and Convergent eStatement solutions.

"The ability to manage multifamily energy and utility expenses and resident billing programs is critical to maximizing NOI and asset value," states AUM President Joe Stackhouse. "Our new Performance Dashboard allows property owners to view their program performance at a single glance for their entire portfolio or an individual property, and drill down to actionable opportunities for improved performance using AUM decision support technology. The AUM Team uses these same tools to identify opportunities for increased NOI for our clients, allowing them to make decisions without having to crunch the numbers."

The Company will also be introducing its new Convergent eStatement program that allows residents to receive and pay all of their resident expenses electronically on any device, on any payment portal used by their Community.

"Residents continue to flock to online solutions, including online billing and payments," says Neal Taylor, Executive Vice President, Sales and Marketing at AUM. "Our new Convergent eStatement brings the most advanced electronic billing and payment capabilities to Multifamily. Convergent eStatements will result in high participation of residents in electronic billing and payments, increasing resident satisfaction while accelerating property cash flow, increasing NOI, and reducing administrative workload."

About American Utility Management

Founded in 1994, American Utility Management (AUM) is celebrating its 20th year of providing integrated energy management and resident billing programs for Multifamily. The company provides integrated energy management, invoice processing and resident billing programs that maximize NOI, asset value, and resident satisfaction. AUM is growing rapidly, currently serving over 600,000 Multifamily units across the U.S.
 
For more information on AUM, please visit www.aum-inc.com or call 800-418-5393.

Jim Kenneally
Vice President, Marketing 
American Utility Management
Main: 630-218-1458