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PHOENIX,
(February 21, 2006) — Vodavi Technology, Inc. (NASDAQ:
VTEK), a provider of traditional and next generation
business communications solutions, today announced that
it has entered into an agreement with the Cendant Real
Estate Franchise Group as a preferred vendor of
communications solutions through January 2009.
Under the terms of the agreement, Vodavi will be the
exclusive vendor of certain voice-over IP communications
products available to real estate broker/owners
affiliated with Cendant’s
Century 21®,
Coldwell Banker®,
Coldwell Banker
Commercial® and
ERA®
networks. The exclusivity provision encompasses Vodavi’s
XTS-IP, XTSc-IP and Telenium communications platforms as
well as the TalkPath and PathFinder messaging platforms.
Other Vodavi products will be marketed on a
non-exclusive basis.
Gregory Roeper, Vodavi president and CEO stated: “Vodavi
has worked closely with Cendant to develop
market-specific communications solutions that meet the
critical business needs of its franchised real estate
brokers. In this highly competitive and swift-moving
market, technology can provide an edge brokers need to
succeed. Vodavi is proud to offer these customized
solutions to the Cendant real estate brands, and we look
forward to helping their franchised real estate
professionals realize the best available results from
their return on investment in communications solutions.”
“Embracing technology has always proved beneficial to my
realty firm,” stated Art Estavillo, broker/owner of ERA
The Realty Group in the Phoenix area and a member of the
ERA®
Technology Council. “Vodavi has been very responsive and
successful at developing ‘outside the box’ solutions to
help me improve my business communications. The XTS-IP
phone system will allow me to shape my business needs
accordingly, and I can choose the necessary mix of
digital and IP applications needed now and in the
future. In addition, the ability to integrate phone
calls into the Direct Access: Powered by
ERA
LeadRouterSM software platform will allow me to better
manage my business.”
“This agreement will enable our franchised real estate
brokers to more easily implement communications
solutions to meet the changing needs of their
businesses,” said Paul Novick, vice president of
business development for the Cendant Real Estate
Franchise Group, which represents approximately 15,000
residential and commercial franchised real estate
offices and 313,500 sales associates affiliated with the
Century 21®,
Coldwell Banker®,
Coldwell Banker
Commercial®,
ERA and
Sotheby’s
International Realty® brand names. “We
are excited to welcome Vodavi to our affiliate program.” |
