SOURCE: NWP Services Corporation

June 17, 2008 09:05 ET

NWP Services Corporation CEO to Lead Session at the 2008 National Apartment Association Education Conference

IRVINE, CA--(Marketwire - June 17, 2008) - NWP Services Corporation (NWP), the leading provider of financial transaction processing solutions for the multifamily housing industry, today announced that president and CEO Michael Radice will lead the educational session titled "Multi-Faceted Utility Management Equates to a Bigger Bottom Line" at the 2008 National Apartment Association (NAA) Conference. The NAA Conference will be held at the Gaylord Palms Resort & Convention Center in Orlando, Florida from June 26-28, 2008.

Taking place on Thursday, June 26 at 8:45am, this session will explore how multifamily owners and managers who rely on outsourced utility bill processing save time, reduce payment errors, gather critical usage information and, most importantly, increase their portfolio's profitability. Mr. Radice will share real-world cost savings and benefits derived from a comprehensive utility management program.

"NWP has been a long-term supporter of the National Apartment Association and I am pleased to lead this session and contribute to the conference's educational programs," said Michael Radice, president and CEO of NWP. "As the industry braces for surging utility costs and the increase in operating expenses that will result, I look forward to demonstrating how today's outsourced utility bill processing solutions can increase the bottom line for multifamily business operators," added Radice.

To learn more about the National Apartment Association, its annual Education Conference and session details, visit

About NWP Services Corporation:

Headquartered in Irvine, California, NWP Services Corporation (NWP) serves the multifamily housing industry as its leading financial transaction processing provider. NWP is known for its industry expertise delivering proven results and exceptional quality in resident billing, resident payment processing and utility management.

Resident billing by NWP helps property owners offset their utility expenses. The company's utility cost recovery team allocates utility charges to residents and prints and sends the bill; NWP's billing options now include convergent- or "rent-inclusive"-billing through its Resident OneBill service. Complementing its billing services, the company's electronic resident payment processing service, called Resident ePay, enables residents to pay their rent, utilities and other monthly charges online or at the rental office with funds transferred to the property's bank account electronically. Resident ePay gives residents convenience and choice and enables owners to access cash faster. In addition, with its UtilityPay Manager program, NWP processes and pays invoices sent to customers' properties by utility companies. UtilityPay Manager helps customers reduce time spent on administrative bill payment work and provides them with valuable utility data and additional cost management opportunities, including recovering expenses from residents when they fail to transfer utilities into their own name.

NWP's offerings are available 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 NOI and FFO and boost resident satisfaction. Additional information is available at

About NAA:

NAA, based in Arlington, Va., is the leading advocate for quality rental housing. NAA is a federation of nearly 200 state and local affiliated associations representing approximately 51,000 members responsible for more than 6.3 million apartment homes nationwide. It is the largest broad-based organization dedicated solely to rental housing. NAA members include apartment owners, management executives, developers, builders, investors, property managers, leasing consultants, maintenance personnel, suppliers and related business professionals throughout the United States and Canada. NAA provides information through advocacy, research, technology, education and strategic partnerships. NAA offers six national designation programs, publishes UNITS magazine and other industry publications; holds an annual Education Conference and Exposition; and promotes industry professionalism. For information, call 703/518-6141, e-mail, or visit Nearly 80 million people, or one-third of the U.S. population, live in renter households.

Contact Information

  • Contact for NWP Services Corporation:
    David Collins
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