Sequentra Solutions LLC Inks Deal with United Technologies to Provide 
Integrated Real Estate Technology Platform

Stamford, Conn. – February 2003 – Sequentra Solutions LLC, provider of Web-based software applications developed for the corporate real estate industry, was awarded a contract by United Technologies Realty (UT Realty) to provide a comprehensive real estate technology solution including its key product, SEQUENTRA®. The SEQUENTRA® solution will be deployed by UT Realty to manage and track all locations and activities related to its global real estate portfolio as UT Realty pursues its goal of $50 million in occupancy cost savings. UT Realty is the real estate management arm of United Technologies Corp. (NYSE: UTX), and is currently responsible for approximately 5,000 properties covering over 200 countries/territories, making it the largest ever single corporate portfolio to be managed on a integrated, global, web-based platform.

The SEQUENTRA® system provides a centralized real time technology platform for managing location information, transactions, and other real estate projects. Information is fully integrated and delivered via a user-customized interface. SEQUENTRA® is the only real estate software that allows clients to track real estate savings that are unique by company, division, peer group or space type. Its “flexible savings quantification feature” automates performance measurement and provides key decision makers with information to make real estate a strategic asset supporting core business operations.

UT Realty will use SEQUENTRA® to measure its financial performance, occupancy cost savings and customer satisfaction through built-in metrics and on-line surveys. The company anticipates that hundreds of employees, vendors and contractors worldwide will use SEQUENTRA® daily.

“We needed a system that was scalable for the global UTC portfolio and at the same time offered us the flexibility to track all types of real estate including retail stores, manufacturing, warehouse, lab and traditional office space. After doing an exhaustive study of various systems in the marketplace UT Realty selected SEQUENTRA® because it’s designed specifically for corporate real estate departments and most closely met our needs,” states Taylor Henderson, UT Realty Financial Manager. “In addition, SEQUENTRA® has a unique flexible savings quantification feature that will help calculate our occupancy cost reductions and savings on a monthly, quarterly or annual basis.”

“Having one common global database allows all United Technologies business units to access information on their respective locations; our service providers to input data on their respective projects; and our real estate department to access standard reports regardless of location, space type or service provider”, states Ron Zappile, President of UT Realty. “SEQUENTRA’s activity management and workflow module will allow us to execute and measure performance through consistent processes across the globe. SEQUENTRA® allows self-service access for our key business personnel around the world, eliminating the need for the UT Realty personnel to constantly field ad-hoc requests for information. This will allow our group to focus on more strategic activities.”

“It is important to UT Realty to have a single solution provider capable of addressing all their technology needs including software, services, training and systems integration with legacy products such as general ledger and accounts payable”, says Garrett Cannon, Senior Vice President and CIO of Sequentra Solutions. “UT Realty clearly sees the benefit of one system that integrates the management of property and lease data, transactions, performance measurement and reporting into an easy to use system with a fully customized user interface.”

SEQUENTRA® is the first real estate management software that can seamlessly integrate transaction and portfolio related information. The flexible and configurable system allows each client and project team member to tailor the portal to the system to his or her unique needs.

SEQUENTRA® is installed as an ASP (Application Service Provider) or hosted internally on a corporate Intranet. The system is database independent and works with any corporate database such as Oracle, Microsoft SQL Server and IBM DB2. 

About Sequentra Solutions LLC

Sequentra Solutions LLC is a wholly owned subsidiary of United Systems Integrators Corporation, the fastest growing global corporate and institutional real estate services firm. Founded in 1999, Sequentra Solutions LLC provides technology solutions and services focused on the corporate real estate industry. Select Sequentra Solutions’ clients include Computer Sciences Corporation, Manpower, Delta Air Lines, Avaya, GMAC, Farmers Insurance, Northern Trust, SkyChefs, and Royal Bank of Canada /Dain Rauscher. To request a demonstration of SEQUENTRA® please visit www.sequentra.com.