Cary-based technology company to serve thousands of residents in Riverstone communities nationwide.
Cary, North Carolina, March 17, 2010 – Connexion Technologies today announced its partnership with Riverstone Communities, a leading owner and manager of 51 mobile home parks throughout the eastern United States. Connexion will create a customized network solution for the delivery of services such as television, high-speed Internet, and telephone.
Connexion Technologies’ will work with all 51 of Riverstone’s communities across the country. The Michigan-headquartered company owns approximately 9000 home sites nationwide.
“Our unique business model enables us to deliver a customized technology solution that best fits the needs of each property,” said Carter Teague, executive vice-president of Connexion Technologies. “By welcoming and managing a wide variety of leading service providers on our infrastructure, we can enable the delivery of a robust selection of service offerings at a significant savings.”
“We are very pleased to be partnered with Connexion Technologies,” said Gary Dabkowski, Chief Financial Officer of Riverstone Communities. “As the largest privately held investment company of their kind in the country, Connexion Technologies is able to immediately increase the value of our portfolio across the board without risk or a capital contribution on our end.”
“We see this partnership creating not only increased revenues and valuation for our company, but also a distinct market advantage. We are excited by Connexion Technologies’ ability to enable services all of our properties in 2010.”
For more information about Riverstone Communities, please visit, www.rivstone.com.
About Connexion Technologies
Connexion Technologies customizes and manages state of the art communications networks in single-family, multi-family, high-rise, resort and hospitality properties nationwide. Its award-winning networks optimize the communication experience and value of properties for residents and property owners, creating A Better Connection. SM Connexion Technologies is not a service provider, rather it selects and manages a portfolio of providers that offer entertainment and communication applications, including the best in enhanced television, telephone, Internet, and other services over Connexion’s provider-neutral networks. The company is based in Cary, North Carolina. It was established in 2002 and serves properties in 40 states. Visit www.connexiontechnologies.net.
MEDIA CONTACT:
Susan Knowles
Media Relations Coordinator
Connexion Technologies
919.535.7342
susan.knowles@cnxntech.com
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