[an error occurred while processing this directive] Vodavi / Cendant Agreement - Communications Diversified, Inc. - Albuquerque New Mexico
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Communications Diversified, Inc.

Albuquerque, New Mexico

Recent News

February 21, 2006

Vodavi Signs Exclusive Agreement With Cendant Real Estate Franchise Group
Vodavi Technology, Inc. (NASDAQ: VTEK), a provider of traditional and next generation business communications solutions, today announced that it has entered into an agreement with the Cendant Real Estate Franchise Group as a preferred vendor of communications solutions through January 2009.

Under the terms of the agreement, Vodavi will be the exclusive vendor of certain voice-over IP communications products available to real estate broker/owners affiliated with Cendant’s Century 21®, Coldwell Banker®, Coldwell Banker Commercial® and ERA® networks. The exclusivity provision encompasses Vodavi’s XTS-IP, XTSc-IP and Telenium communications platforms as well as the TalkPath and PathFinder messaging platforms. Other Vodavi products will be marketed on a non-exclusive basis.

Gregory Roeper, Vodavi president and CEO stated: “Vodavi has worked closely with Cendant to develop market-specific communications solutions that meet the critical business needs of its franchised real estate brokers. In this highly competitive and swift-moving market, technology can provide an edge brokers need to succeed. Vodavi is proud to offer these customized solutions to the Cendant real estate brands, and we look forward to helping their franchised real estate professionals realize the best available results from their return on investment in communications solutions.”
 
“Embracing technology has always proved beneficial to my realty firm,” stated Art Estavillo, broker/owner of ERA The Realty Group in the Phoenix area and a member of the ERA® Technology Council. “Vodavi has been very responsive and successful at developing ‘outside the box’ solutions to help me improve my business communications. The XTS-IP phone system will allow me to shape my business needs accordingly, and I can choose the necessary mix of digital and IP applications needed now and in the future. In addition, the ability to integrate phone calls into the Direct Access: Powered by ERA LeadRouterSM software platform will allow me to better manage my business.”

“This agreement will enable our franchised real estate brokers to more easily implement communications solutions to meet the changing needs of their businesses,” said Paul Novick, vice president of business development for the Cendant Real Estate Franchise Group, which represents approximately 15,000 residential and commercial franchised real estate offices and 313,500 sales associates affiliated with the Century 21®, Coldwell Banker®, Coldwell Banker Commercial®, ERA and Sotheby’s International Realty® brand names. “We are excited to welcome Vodavi to our affiliate program.”

About Vodavi:

Vodavi Technology Inc. is an advanced communications solutions provider delivering innovative business communications solutions that help small to large enterprises increase productivity and reduce costs. Vodavi’s full range of communications solutions include traditional telephone systems, Voice-over-IP (VoIP) technology and converged communications solutions that allow enterprises to deploy traditional digital or VoIP communications simultaneously, providing a flexible and cost-effective migration path to new technology. The company is headquartered in Phoenix, Arizona. For more information on Vodavi, visit www.vodavi.com [an error occurred while processing this directive]

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