American Utility Management Upgrades Data Security and Productivity Through Partnerships with UbiStor and OPEX

OAK BROOK, Ill.--(BUSINESS WIRE)--American Utility Management (AUM), the premier energy services and utility management partner to the multifamily industry, today announced significant upgrades to its data security and productivity through partnerships with UbiStor for access to its SafeStor^SM data backup services, and with OPEX Corporation’s AS7200i Mail automation and digital scanning equipment.

“At AUM, we collect more energy data for our clients than any other energy management vendor in the multifamily industry”

“At AUM, we collect more energy data for our clients than any other energy management vendor in the multifamily industry,” stated Bob Malpasuto, Chief Financial Officer. “The safety and reliability of our data is paramount to our client’s energy management operations. UbiStor’s SafeStor^SM product and its Tier 4 Security Centers offer six levels of data encryption and security. Data is backed up to a high-security data center and then replicated to a second high-security data center. This gives our clients peace of mind knowing that their data is automatically backed up, and can be restored quickly. Not only does this data center give us infinite storage capacity, but we have flexibility and confidence for any data restoration needs.”

Additionally, AUM has partnered with OPEX Corporation for AS7200i Document Capture Platform with Integrated Mail Extraction to increase efficiency within its Bill Processing Unit. This technology combines mail opening and extraction with image capture and classification. The in-line processing allows for printing an audit trail and sorting mail contents without a separate prep process. This allows for significantly less paper handling, fewer labor intensive tasks, lower operational costs, and improved quality.

Michael Miller, Chief Executive Officer of AUM comments, “First and foremost, we are an energy and utility management company. Any technology we employ is used for increasing productivity in our already sound SAS70 Type II certification controls. The implementation of the AS7200i technology increased our bill processing efficiency by 53%. We are proud to employ this cutting edge technology to our current process on behalf of our clients.”

About AUM

Founded in 1994, American Utility Management (AUM) is the premier Energy Services and Utility Management partner to the multifamily industry. Through energy management, bill processing, and resident utility billing, the company provides invaluable expertise to its partners by finding lost revenue, identifying areas for cost savings, and providing technology and innovation in managing utility and energy expenses.

Using a single, powerful and infinitely expandable MITS-compliant Oracle platform, AUM works closely with property owners and managers to design the best possible solutions for Bill Payment, Management Reporting, System/Data Integration, Vacant Cost Recovery, and Energy Management Solutions such as Cost-Consumption Variance Analysis, Benchmarking, and Energy Sustainability Compliance.

About UbiStor

UbiStor, Inc. is a privately-held, SAS 70 Type II certified, vendor-independent information technology services company offering data protection, virtual disaster recovery and hosting services. The company supports a full complementary portfolio that includes managed offsite, online data backup and recovery scaling to private vaulting solutions, virtual disaster recovery, hosting, email archiving/journaling, consulting, and many other IT support services. Founded in 2001 and led by Fortune 500-seasoned executives, UbiStor is dedicated to helping its customers achieve affordable data and systems assurance. Whatever the challenge, UbiStor solutions satisfy HIPAA, Sarbanes-Oxley, SEC and other compliancy requirements.

Press Inquiries: Frank Shannon, Executive Vice President of Client Services & Marketing, fshannon@ubistor.com or 847-585-1471.

About OPEX Corporation

OPEX Corporation is a recognized global technology leader in document imaging and high-speed mailroom automation. Since 1973, OPEX systems have provided performance enhancing workflow solutions and cost-effective results to thousands of organizations worldwide. Today, OPEX systems are installed in financial services, healthcare, government, non-profit, utility, service bureau, insurance, telecommunications, and university/educational marketplaces around the world. For more information visit, www.opex.com.