SOURCE: NWP Services Corporation

October 12, 2006 09:10 ET

NWP Services Corporation Appoints Richard Little as Vice President and Chief Financial Officer

IRVINE, CA -- (MARKET WIRE) -- October 12, 2006 -- NWP Services Corporation (NWP), the leading provider of resident billing, payment and utility management solutions to the multi-housing industry, today announced that Richard Little has joined the company as vice president and chief financial officer reporting to Michael D. Radice president and CEO.

In addition to his leadership of the company's financial organization, Mr. Little will also be responsible for the company's Human Resources, Legal and Regulatory functions.

"Richard's financial and strategic experience will be a vital asset to NWP as we continue to build on our company's achievements in market share growth and profitability," said Michael D. Radice, president and CEO of NWP. "We are pleased to have a person of Richard's caliber and reputation as a member of our management team."

Mr. Little has extensive corporate finance and transactional experience, including multiple underwritten initial and secondary public offerings, in addition to a broad management background. Prior to joining NWP, he was the Chief Financial Officer and Secretary of Hireright, Inc., a technology-enabled services company providing pre-employment background screening services to Global 2000 companies. He has also held similar positions with Teradata Corp., and Quotron Systems, both being high-growth public technology companies. Mr. Little earned his Bachelor's of Science degree in engineering from UCLA and an MBA in finance from the UCLA Anderson School of Management. He is also a CPA, having gained his experience with KPMG.

About NWP Services Corporation:

Headquartered in Irvine, Calif., NWP Services Corporation (NWP) serves the multi-housing industry as the leading provider of resident billing solutions, including convergent billing and payment services for rent, utilities and other charges from the resident's monthly ledger and utility cost management solutions including utility cost recovery, utility data management, and conservation and irrigation control services. NWP's offerings are available for use as individual services or as a fully integrated solution and are designed to accelerate the financial performance of our customers, allowing them to recover and reduce operating costs, create operational efficiencies, improve property NOI and boost resident satisfaction. NWP also provides the regulatory expertise, technology infrastructure and high quality training and support services which property owners and managers can rely upon to stay competitive and thrive in an ever-changing market. Additional information is available at www.nwpsc.com.

Contact Information