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| Release Date: Wednesday, September 27, 2006 | | | | MAGI Real Estate Chooses Nexus Systems | | | | Arlington, VA (September 27, 2006) MAGI Real Estate Services, a San Antonio-based commercial real estate firm, selected Nexus Systems as their e-invoicing software provider. MAGI evaluated the e-invoicing solutions available in the real estate industry and selected Nexus' PayablesNexus application. MAGI felt that PayablesNexus had the most robust functionality, dynamic workflow, and deepest integration with their Yardi GL package of the options they researched. "MAGI is growing rapidly and we identified the AP process as an area in which automation can definitely facilitate our growth. Using a system like PayablesNexus that fully integrates with our Yardi will be a big benefit. Automated workflow will dramatically improve our approval process as well. We are excited to implement PayablesNexus and begin reaping the rewards of e-invoicing," said Kelly Bishop, Comptroller. "MAGI is another company that realized the need to implement e-invoicing and the fact that Nexus Systems offers the best solution to do so in PayablesNexus. MAGI recognized that with sudden growth in their property management area they would need an application to handle the sizeable increase in paper invoice volume. This foresight is but one reason why they will continue to grow and be a leader in the San Antonio market. We are pleased to work with MAGI and know that PayablesNexus will help them achieve more AP efficiencies," said Thomas Runyon, Senior Director of Sales at Nexus Systems. About MAGI
MAGI Real Estate Services manages over 2.3 million square feet of commercial office properties in San Antonio, Texas and Longmont, Colorado. www.magirealestate.com About Nexus Systems, Inc.
Nexus Systems, located in Arlington, Virginia, is a leading business process software company specializing in payables management solutions that automate the payables process through scanning, electronic approval routing and PO/invoice management. Nexus Systems solutions are in use by companies who seek the efficiency, flexibility and cost savings associated with the automation of business management processes. More information on Nexus Systems products can be found at www.nexussystems.com. For Immediate Release
Contact: Thomas Runyon
trunyon@nexussystems.com
703-524-9101
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