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» VISIT US ONLINE @ DSNEWS.COM 49 SPECIAL ADVERTORIAL SECTION LENDERS & SERVICERS OUTSOURCERS AGENTS & BROKERS ATTORNEYS SERVICE PROVIDER CYPREXX SERVICES, LLC 800.516.6348 Cyprexx.com COMPANY DESCRIPTION: Cyprexx Services, LLC is a leading national field service company providing property preservation, maintenance, repair, inspection, tenant- occupied services, vacant property registrations, and additional services to some of the largest servicers, financial institutions, government-sponsored enterprises, asset management companies, and brokers. Cyprexx's core competency in vendor management coupled with its proprietary technology platform position the company to effectively scale its solutions to each client's needs. KEY PERSONNEL: » » Ed»Mullen,»CEO » » Tony»Maher, Director of Business Development » » Te»Leone, Director of Pre-foreclosure Services » » Mike»Lawler, Director of Repairs » » Adam»Palmer, Director of REO Services NUMBER OF COMPANY EMPLOYEES: 360 GEOGRAPHICAL SCOPE AND COVERAGE AREA: United States, Puerto Rico, Guam COMPANY HISTORY: The owners of Cyprexx were homebuilders prior to entering the field services industry. Because of the founders' knowledge in homebuilding, Cyprexx has a foundation in managing repairs. Cyprexx has grown to offer all aspects of field service and has a reputation for standing behind the work performed. With more than 20 years of experience in the industry, it brings comprehensive solutions and ease of doing business to our clients. REGULATORY COMPLIANCE: Cyprexx monitors changes in regulations through multiple sources and maintains compliance with municipal code changes, property registrations, and other areas affecting the preservation and servicing industry. BUSINESS LINES, SERVICES, AND PRODUCTS: » Inspections » Property preservation » Repairs » Maintenance » REO initial services and maintenance » Utility management » HUD conveyance preparation » VPR » » Invisiboard clear boarding » » RailKit systems » Access management system (coming soon) KEY FEATURES/BENEFITS: » Full-service default provider » More than 20 years of experience » Customer service focused » New product innovator » Proprietary technology–flexible solutions » Ease of doing business WHAT SETS YOU APART FROM YOUR COMPETITORS? In addition to providing excellent service in the property preservation space, Cyprexx is continuously looking and bringing innovative products to market. Invisiboard was introduced in 2014 as an alternative to plywood boarding and its Patented Installation system is flexible to various boarding conditions and not visible from a street view, adding to its impact in helping to reduce neighborhood blight. Railkit is a self-assembly, finished aluminum safety rail introduced in 2015. It is helping to reduce neighborhood blight by offering an attractive alternative to the various, and often unsightly, wooden handmade models currently in the field. New»Product:»Cyprexx has partnered with Prempoint Inc. to bring to market a Bluetooth Lock and Access Management System. Prempoint Inc. is an Internet of Things (IoT) company changing the way people share and access connected technologies. This system solution uses an APP and Bluetooth lock that replaces traditional locks. No more key issues. The App's reporting and tracking capability enables access control of vendors servicing a property. It also eliminates a rekey when the property is sold. The strengths of this technology is it controls who enters a property, when they are there and reports how long they were in the property. The technology will facilitate interaction with vendor background information, ensuring a vendor is in compliance every time they enter a property. The competitive edge in today's marketplace is full access control of property, the elimination of keys, and all of the issues and risks associated with key access. Vendor access can be remotely added and deleted. This product is in field trials and will be available in the summer of 2017. Some of the major pain points in managing property access are: » Not knowing the who, when, what, and how long vendors are at a property. » Lost or copied keys that incur rekey costs and security concerns. » Travel time and costs for agents to allow prospective buyers into a property. The competitive edge Cyprexx and Prempoint bring with this technology is: » All-in-one access: resident, showings, and vendor maintenance » Simple to manage: Prempoint and a Cyprexx smart lock . . . that's it! » Support for smart cards as a secondary access credential » Patent-pending "Social Access Control System"