Peracon Releases Version 10.0

MCLEAN, VA -- (MARKET WIRE) -- October 23, 2006 -- Peracon, the company increasing returns throughout the real estate investment lifecycle, today enhanced its offerings with the release of Version 10.0 of the Peracon Framework™.

This new version seamlessly supports institutional real estate investors and brokers across the complete buy-hold-sell phases of the investment lifecycle. Peracon enables clients to securely connect to 100,000 participants across 50,000 organizations, streamlining the flow of transaction information. Participants include investment property brokers, pension funds, REITs, opportunity funds, family offices, hedge funds, mortgage bankers, TIC sponsors, operating partners and intermediaries.

Growth Spurs Innovation

"We've seen tremendous growth among investor clients and, in response, have invested in extensive development and technical infrastructure to meet this growing market need," said Brian McGowan, CEO of Peracon. "Peracon will continue to invest considerable resources in research and development as part of our ongoing effort to lead the industry and provide our clients with reliable, efficient services that increase the speed of institutional real estate transactions."

Consistent with this new version, Peracon has invested heavily in upgrading its IT hardware infrastructure, ensuring secure, redundant, world-class data systems. Peracon also continues to make considerable investments in application development and in expansions to its management team.

Peracon Now Accelerates Every Step of the Buy-Hold-Sell Investment Lifecycle

Peracon's new capabilities seamlessly address the entire buy-hold-sell investment lifecycle:

--  Team Pipeline displays a roll-up of all the offerings that your firm
    is being invited to view.
    
--  My Pipeline displays a roll-up of all the offerings that you are being
    invited to view.
    
--  Active Deals provides secure, on-demand "war rooms" to accelerate
    transaction time on assets that you are actively pursuing.
    
--  Portfolio provides a centralized location for assets that you own,
    enabling better corporate governance, reporting transparency and risk
    management.
    

In development for the past year, nearly all the new features and enhancements in Version 10.0 of the Peracon Framework™ have come as a direct result of client feedback.

New Enhancements of Version 10.0 include:

--  New User Interface offering easier navigation and a friendlier work
    environment all based on Microsoft standards and protocols.
    
--  Enhanced Image Management where clients can crop, edit and resize
    images.
    
--  Permissions that can be set at the folder level in the Document
    Center.  As clients set up assets, they can also simultaneously set folder-
    level permissions.
    
--  Contextual Help.  Help examples have been added, along with
    interactive presentations to provide step-by-step demonstrations.
    
--  HTML email and scheduled email delivery capability.  Clients can set
    up an asset HTML email and schedule when they want the offering to be
    broadcast.
    
--  Enhanced Reports.  Clients now have access to a comprehensive suite of
    19 reports providing intelligence at the user, asset and account level.
    
--  Choice of Document Center Views enabling clients to view the Document
    Center in either Explorer View (similar to Microsoft Windows Explorer) or
    Full View.
    

Peracon is the standard, On-Demand Transaction Network™ that streamlines the secure flow of information among 100,000 investment real estate participants across 50,000 organizations. These organizations include investment sales brokers, pension funds, REITs, opportunity funds, mortgage bankers, TIC sponsors, family offices, hedge funds, operating partners, and a host of intermediaries and advisors. Peracon enables these participants to seamlessly connect and securely exchange offering materials, due diligence information, and closing documents during a range of transaction processes including asset acquisition, equity syndication, due diligence, asset disposition and investor relations. Collectively, Peracon's participants are connected to a Secure, On-Demand Transaction Network™ that reduces market friction, enhances capital deployment and improves asset liquidity. Founded in 1999, Peracon is headquartered in Washington, DC.

Contact Information: Contact Information: Matt Langan 202-298-7600 x.219 Email Contact