AMTdirect Announces Significant Product Enhancements and New Corporate Web Site
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[May 21, 2004]

AMTdirect Announces Significant Product Enhancements and New Corporate Web Site

CHARLOTTE, N.C. --(Business Wire)-- May 21, 2004 -- AMTdirect, the leader in web-based lease administration and document management solutions for the commercial real estate industry, today announced significant enhancements to AMTdirect and a new refreshed corporate web site.



Striving to deliver the best technology to drive competitive advantage for our clients, AMTdirect adds industry leading new features including AR Manager, OPEX Manager, Project Manager, Rent Tax Manager and CPI Manager. "These new features are a direct result of AMT listening to its client requests and executing on its technical strategies," said Scott Schubert, President and CEO of AMT.

The new corporate website, www.amtdirect.com, demonstrates a completely new look and feel and is a direct reflection of the advancements being made by the company and the AMTdirect software. "The new website really is a big leap from the old site, it's more targeted and relevant to what AMT has become and demonstrates more clearly what we have to offer companies when looking for information on real estate administration systems," commented Daniel Schubert, COO of AMT.



Some specific features of the new AMTdirect modules include:

AR Manager - Automatically calculate and bill rental payments, quickly track and bill recoverable operating expenses, perform manual billing adjustments for NSF checks, misc. billings and credits, enter and post all cash receipts against tenant balances, maintain transactional history for all billings, full reporting for Aged Delinquencies, Tenant History, Cash Receipts, Invoices and Statements

OPEX Manager - Track all reconciliation activity by facility/ lease, by year, over entire lifecycle of each location, determine percentages instantly for comparison of year over year charges, enter detailed landlord expense invoices by facility/ lease, track expenses by unlimited user defined billing types (CAM, tax, insurance, landscaping, janitorial, etc.), enter annual landlord statements by facility/ lease, billing type and year, user defined expense inclusion pools, AMTdirect calculates the reconciliation charge and compares that to the landlord statement and notifies user of any discrepancies by individual expense inclusion

Project Manager - Create unlimited Projects associated with Properties and Leases, proactive Email Notifications for Projects and associated Activities, assign Project Managers, Assistant Managers and Team Members, unlimited Project note tracking, store documents at the Project and Activities levels, Track Budget, P/L and other requirements by Project

Rent Tax Manager - If you have properties in Florida, Arizona and other areas which require tax payments on rental income, AMTdirect automates the calculations and incorporates the charges into AP Manager

CPI Manager - Completely automates the calculation of CPI increases on any charge type selected, easy to use and setup, interacts directly with the U.S. Department of Labor Bureau of Labor Statistics for automatic updating from the web.

When combining this technology with complete implementation services, you get the industry leader in turnkey lease administration solutions. For more information on Asset Management Technologies' services and solutions, visit our web site at http://www.amtdirect.com or contact AMT's sales department at 704.896.3118, or by e-mail at sales@amtdirect.com.

About AMT

Asset Management Technologies, Inc. was established in 1996. AMT is a leading provider of 100% web-based technology solutions to the corporate and commercial real estate markets. AMT offers a full range of commercial real estate consulting services including lease abstraction, due diligence, data imaging and data conversion, making it a leader in turnkey lease administration solutions. Companies who have turned to AMT include Lincoln Property Company, BB&T, Rack Room Shoes, Dow Chemical, HCA Healthcare, Enterprise Rent-A-Car, Lowe's Companies, Johns Hopkins University and many others. For more information on Asset Management Technologies' software and services, visit our web site at http://www.amtdirect.com.

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