SentriLock Patent 2006

SENTRILOCK AWARDED U.S. PATENT FOR
ELECTRONIC LOCKBOX TECHNOLOGY

CHICAGO (February 21, 2006) – SentriLock, LLC, the manufacturer of REALTOR® Lockboxes, has received a U.S. patent for its unique electronic lockbox technology. The new patent ensures that SentriLock’s lockbox technology investment is secure for a period of 20 years.

SentriLock presently has six other patents pending on its lockbox technologies. As SentriLock continues to invest in research and development driven by input from REALTORS®, the innovative and essential features created through these efforts will be protected.

“SentriLock is your lockbox company. There are exciting innovations underway that NAR members have asked for and those innovations will be protected,” said Scott Fisher, president, SentriLock LLC. “These patents will help ensure that REALTORS® always have the latest technology at the best price,” added Fisher.

SentriSecure™ software and REALTOR® Lockboxes are sold through REALTOR® Associations and MLSs under contract with SentriLock. Associations and MLSs interested in more information should contact a SentriLock representative at 1-866-736-2322.

SentriLock, LLC, which is majority owned by the NATIONAL ASSOCIATION OF REALTORS®, was founded in August of 2003. “After a successful beta test in early 2004, SentriLock's first lockbox installation was on June 14th, 2004. Currently, SentriLock has approximately 140,000 lockboxes in use by 50,000 agents in more than 80 different Associations around the country.” said Bob Goldberg, NAR senior vice president of Marketing and Business Development and head of the REALTOR
Benefits(sm) Program.

SentriLock is a REALTOR Benefits(sm) Program partner. The REALTOR Benefits(sm) Program offers members practical solutions for their business and personal lives on the publications, products and services that they use every day. The program includes offerings from more than 25 companies recognized as leaders in their respective industries and more than 100 publications and products designed to educate real estate professionals and their clients on topics ranging from legal issues and risk management to business development and marketing. In addition, use of the REALTOR Benefits(sm) Program results in revenue to NAR which helps keep NAR membership dues low.

The NATIONAL ASSOCIATION OF REALTORS®, “The Voice for Real Estate,” is America’s largest trade association, representing more than 1,000,000 members involved in all aspects of the residential and commercial real estate industries.