Stratacon Group “Utility Management and Sub-Metering Experts” join PM ONLINE as Supplier Member

For Immediate Release, June 5th, 2001

Toronto, Ont., June 5th, 2001 - PM ONLINE, a provider of technology, internet, marketing solutions and information to the Property Management industry, today announced that Stratacon Group a full service utility management performance-contracting corporation that delivers comprehensive programs to the multi-residential and commercial markets throughout Ontario and Canada, has joined PM ONLINE as a supplier member.  Through the agreement, PM ONLINE will provide Stratacon Group with continuous brand identification on www.pmonline.com where Stratacon Group’s name and logo and link to its website www.stratacongroup.com will appear.

PM ONLINE’s supply chain information database includes products and services which add efficiencies, streamline demand, and synchronize information exchanges among different links in the Multi-Family property management supply chain.  PM ONLINE’s solutions aim to reduce costs and delivery lead times, and increase supplier speed-to-market in the Multi-Family Property Management industry.

"Stratacon Group has delivered utility cost savings solutions to building owners for years, reducing their overall building operating costs and adding value to their portfolio of properties.  Their team approach provides a complete turnkey service including all up front analysis, installation, project financing, and post project monitoring and verification, and we're pleased to have them join PM ONLINE," said David Bloomstone, Co-Founder & Vice President of Sales, for PM ONLINE.  "Our agreement should benefit Stratacon Group by allowing PM ONLINE’s user community to view and procure their products over the Internet."

"Our customers are eager to embrace technology that helps maintain their buildings and facilities," said Peter Mills, Vice President for Stratacon Group.  "We believe PM ONLINE will help us to provide dynamic real-time information about our products and services via the Internet to the Multi-Family Property Management industry, ultimately improving the local service we are able to offer our customers.  In an era that will be defined by high utility prices, Stratacon Group is uniquely positioned to work together with building owners and management companies to eliminate costly inefficiencies wherever possible.” 

About Stratacon Group

Stratacon Group was formed to deliver focused utility management initiatives to the multi-residential, commercial, residential and utility markets.  By marrying the state of the art technology with proactive project management, Stratacon has secured the confidence from Canada's largest and most proactive Property Management and Property Development companies.

For more information on Stratacon Group, visit www.stratacongroup.com.