SOURCE: Accruent

August 18, 2008 09:00 ET

Mattress Firm Selects Accruent: Proven Implementation Success

Anticipated RPM Efficiencies Will Contribute Significantly to Expense Control

SANTA MONICA, CA--(Marketwire - August 18, 2008) - Accruent, Inc., the leading provider of Real Estate Performance Management (RPM) solutions is pleased to announce that it recently signed an agreement with Mattress Firm for its integrated real estate and facilities management solution.

"We conducted an extensive evaluation and looked at all the major players in the area of real estate and facilities management," said Jim Black, chief financial officer of Mattress Firm. "Accruent was the clear leader and the only company with proven implementation success in retail."

Houston-based Mattress Firm (www.mattressfirm.com) is America's preferred specialty mattress company and the nation's largest specialty retailer of top-of-the-line products from the industry's leading manufacturers including Simmons, Sealy, Tempur-Pedic, and Select Comfort. Founded in 1986, Mattress Firm's knowledgeable sales staff, broad product offering and competitive prices have fueled the company's growth to 500 stores in 38 markets.

"At Mattress Firm, we are dedicated to continuous improvement in every aspect of our operations including leveraging new technologies to streamline business processes and manage expenses," said Black. "We believe that our investment in RPM will make it possible for us to simplify some of our processes and align our real estate operations with our overall corporate strategy and allow us to continue our ongoing rapid growth."

Accruent provides a comprehensive suite of real estate and facilities management solutions that enable organizations to develop, administer and operate their property portfolios as a competitive advantage. Accruent solutions allow business and IT leaders to establish a single 'system of record' for all information related to their locations, replacing the multiple, fragmented sources and systems previously in place. When coupled with process management and advanced business intelligence, Accruent bridges the gap between daily operations and real estate strategy.

"Leading organizations, like Mattress Firm, realize that investing in technology to help manage their real estate and facilities can help them become more efficient," said Mark Friedman, founder and chief executive officer of Accruent. "And partnering with Accruent will mean Mattress Firm benefits from the best practices and lessons learned from over 400 companies, ensuring they quickly realize full value and get the highest return on their investment."

About Accruent:

Founded in 1995, Accruent leads the industry with a comprehensive suite of real estate and facilities management solutions that enable organizations to design and operate their property portfolios as a competitive advantage. Accruent Real Estate Performance Management (RPM) solutions match the location management strategies and objectives of commercial, education and public sector customers. These range from driving retail revenue growth to reducing facilities costs and achieving financial and regulatory compliance. Many of the world's largest companies, including 20 percent of the Fortune 500 and 40 percent of the Top 100 Retailers use Accruent's solutions, as well leading universities and governmental bodies.

In February 2008, Accruent acquired FAMIS Software, a pioneer in Integrated Workplace Management System (IWMS). Combined, these companies benefit from collaboration with more than 400 active customers and an extensive network of solution and service partners to offer unrivaled expertise spanning the entire real estate and facilities management lifecycle. For more information, please visit www.accruent.com.

About Mattress Firm:

Houston-based Mattress Firm (www.mattressfirm.com) is the nation's premier specialty bedding retailer, offering a broad selection of both traditional and specialty mattresses from leading manufacturers including Simmons, Sealy, Tempur-Pedic and Select Comfort. Founded in 1986, Mattress Firm's purpose is to transform lives by leading the way to personalized solutions for better sleep. With more than 500 stores in 38 markets, Mattress Firm offers consumers the benefit of highly-trained, knowledgeable sales professionals, a broad product offering and competitive prices in an attractive and comfortable store environment.

All Accruent brand and product names are trademarks or registered trademarks of Accruent, Inc., in the United States and other countries. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

Contact Information

  • For more information, please contact:
    Kathy Fischer
    Accruent Marketing Communications
    Email Contact
    416-643-1388