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JV Announcement with Asia E-Business Solutions

Announcement of Winn Enterprise, LLC. Master Franchise of Coldwell Banker® Vietnam, entering a Joint Venture Partnership Agreement with Asia E-Business Solutions, LTD Singapore

SARATOGA, CALIFORNIA USA (June 25, 2008) – Winn Enterprise, LLC (WINN) is pleased to announce that it has entering a joint venture partnership agreement with Asia E-Business Solutions, LTD (AES) of Singapore for the development of two fully integrated, state-of-the-art commercial software database systems - Commercial Building Management System (CBMS) and Shopping Center Management System (SCMS). 

Both database systems, CBMS and SCMS will be offered exclusively by Coldwell Banker Vietnam to service the needs and requirement for Commercial Real Estate Property & Assets Management in Vietnam.

The joint venture is to be named “IRES Global Pte Ltd”. WINN and AES hold an equal share of equity participation.

“It is a privilege for us to introduce the Coldwell Banker brand to the Vietnamese market,” said Kim Nguyen, President, Winn Enterprises, LLC. “With the market potential that exists, we are aggressively ramping up our portfolio of value-added products. Entering into this agreement with AES is a positive step in Coldwell Banker Vietnam to emerge as a market leader in the real estate sector. We are thrilled to work with Henry Tan, CEO of AES and his team to further strengthen the global network that Coldwell Banker Vietnam has become a part of."

 

Media Inquiries:   
Danny Nguyen                                                 MaiVan Lu
Coldwell Banker Vietnam                                 Winn Enterprises, LLC.     
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About Coldwell Banker®

Since 1906, the Coldwell Banker® organization has been a premier full-service real estate provider. In 2007, Franchise Times magazine’s prestigious Top 200 issue ranked the Coldwell Banker system No. 1 in real estate for the eighth straight year and 12th among franchisors in all industries. The Coldwell Banker System has approximately 3,800 residential real estate offices and nearly 117,000 sales associates in 47 countries and territories. The Coldwell Banker System is a leader in the industry in residential and commercial real estate, and in niche markets such as resort, new home and luxury property through its Coldwell Banker Previews International® division. It is a pioneer in consumer services with its Coldwell Banker Concierge® Service Program and award-winning Web site, www.coldwellbanker.com. Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. Each office is independently owned and operated.

 
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© 2008 Coldwell Banker® Vietnam All Rights Reserved. Coldwell Banker® Vietnam is a registered trademark licensed to Coldwell Banker Vietnam. An Equal Opportunity Company. Each office Is Independently Owned And Operated.