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Inovium and Hocutt join forces to deliver a wide variety of electronic payment options to renters
July 27, 2007


July 27, 2007 – Dallas, TX – Inovium Corporation, a provider of electronic billing and payment services, and Hocutt, Inc., a premier provider of utility billing and sub-metering solutions for over 50 years have partnered to make utility billing and collections easier for residential and commercial property managers.

Following nearly a year of applying a combined metering/electronic payments system with demonstrated and increasing savings for users, Hocutt and Inovium will jointly market the robust and proven solution, with a focus on the Multi Family Housing sector. The system provides residents an easier and more flexible way of paying utilities and rent in one easy step. Property Management companies have the added benefit of receiving their money much faster since the funds are deposited directly into their designated accounts when they clear the banking system.

Howard Gottlieb, Regional Director for Inovium, stated that “we are thrilled that our relationship with Hocutt has grown steadily and together we can meet the needs of the marketplace with a solution that is secure, reliable and cost effective for all parties concerned.” Kevin Hammer, EVP of Hocutt added “we have found Inovium to be such a valued and cooperative partner that we felt the time was right to offer this solution to our clients and their residents. In the long run, we will be able to maintain our efficient operation and expand our capabilities with no distraction from our core business. Additionally, our clients are happy to get the funds mostly within 24 hours, regardless of the payment method selected by the residents - electronic funds, credit cards or checks.”

Inovium Corporation (www.inovium.com) with offices in Las Vegas, Nevada, Orange County, California and Europe, offers electronic billing and payment systems, with options such as integrated Remote Deposit Capture (RDC) under Check 21, and Mobile Payments - essential to today’s businesses. Inovium can be reached at 1-888-INOVIUM (888-466-8486) Hocutt Inc. (www.hocutt.com) has provided sub-metering services for a growing Number of residential and commercial management clients since 1957. Hocutt is a unique sub-metering company that offers a complete and full service program for its clients. Hocutt is located in Dallas, Texas and can be reached at 1-800-486-9991. For Complete Information, please contact: Jules Kaplan at Inovium Corporation 1-888-INOVIUM (888-466-8486), Ext. 2


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