Press Releases

S-J Management LLC Deploys OpsTechnology’s OpsBuyer™

Seattle based real estate company streamlines business policies and procedures by coordinating their buying with suppliers to realize better compliance across their portfolio.

San Francisco, Calif - October 15, 2003 S-J Management and OpsTechnology, the Real Estate Industry’s leading provider of specialized software solutions for property operations, today announced an agreement to license the latest release of OpsTechnology’s spend management solution, OpsBuyer™.

OpsBuyer™ is a spend management solution specifically designed for the multifamily industry, encompassing electronic budget control, invoice and purchase order management, customized spending controls and access to a fully integrated network of suppliers capable of receiving electronic purchase orders and submitting electronic invoices.

Sandy Gordon, a principal of S-J Management, says, "We’ve had a smooth implementation of OpsBuyer™ and we’re already seeing savings due to increased compliance within our purchasing program. We are consolidating many of our smaller vendors and focusing our purchasing efforts with those vendors where larger volumes will bring us better pricing.” Mr. Gordon also feels OpsBuyer™ contributes significantly to S-J Management’s business process by providing, "better visibility of spending and budgeting information."

Rajiv Naidu, CEO of OpsTechnology, says that this deal demonstrates how, “ we are successfully deploying OpsBuyer™ to a wide range of property management companies ranging from those with small, growing portfolios to those that those that manage hundreds of thousands of units. The needs of all of our customers are critical to the development of our organization.

About S-J Management LLC

S-J Management is a privately held Seattle real estate investment and property management company with holdings in Washington and Arizona. S-J Management, along with its predecesor company Jones & Murphy Incorporated, has secured approximately $73 million in capital to purchase 28 multifamily properties through its various affiliated Limited Liability Companies (LLCs). S-J invests primarily in upscale apartment complexes between 100 to 500 units in size. S-J is headed by principals Michael J. Sauter, CEO and Warren M. “Sandy” Gordon. Currently, S-J has more than $53 million in equity capital and a growing portfolio with over 2,500 units under management.

About OpsTechnology

OpsTechnology enables the deployment of Private Trading Networks for buyers and suppliers across the Real Estate Industry. OpsTechnology licenses its OpsBuyer™ software solution to Real Estate Owners and Operators to better manage purchases across their portfolios. Real Estate Industry Suppliers license the OpsMerchant™ Supplier Solution to integrate seamlessly with all the OpsBuyer™ Licensees. For more information, visit www.OpsTechnology.com.

Media Contact:
OpsTechnology, Inc.
Sukhi Singh, 415.222.6992
Email: ssingh@opstechnology.com
Web site: www.Opstechnology.com