HYPHEN SOLUTIONS SELECTED TO ASSIST LENNAR CORPORATION

03-12-03 10:31 AM EST


DALLAS--(BUSINESS WIRE)--Dallas-based Hyphen Solutions (Hyphen) has been selected by Lennar Corporation (NYSE: LEN), one of the nation's largest homebuilders, to roll out Hyphen BuildPro to all of Lennar's operating divisions and Hyphen Supply to divisions' business partners.

The implementation of Hyphen BuildPro and Hyphen Supply is designed to complement the pursuit of operational excellence that Lennar strives to achieve in every aspect of its business. These tools will directly enhance the value Lennar can provide its business partners while allowing homebuilders to build more homes, and complete each home on a more timely basis without adding staff. Additionally, Hyphen BuildPro and Hyphen Supply provide a road map for each construction manager that includes information on the status of each home as well as training for new construction managers.

Jim Messina, Director of Information Services of Lennar, said, "We look forward to working with Hyphen Solutions on this roll-out and are confident that their tools will improve communications between our builders, contractors and suppliers, while providing process improvements and efficiencies for Lennar."

Lennar Corporation is now one of Hyphen's largest customers and will contribute to the momentum of change that has been building within the homebuilding industry. "The fact that Lennar selected Hyphen as its software provider reaffirms Hyphen's position as the industry leader in Internet-based supply chain collaboration tools," said Felix Vasquez, president of Hyphen Solutions. "We look forward to the implementation of Hyphen Build Pro and Hyphen Supply and the lasting value it will provide Lennar and the individuals they work with on a daily basis."

Hyphen BuildPro is the scheduling and collaboration system that allows homebuilders and contractors to reduce the number of days on every home they build. Hyphen BuildPro keeps the superintendents on the job site building homes, instead of in the construction office doing paperwork and chasing contractors and suppliers. This means better quality homes and improved relationships and collaboration between homebuilders and their supply partners.

Hyphen Supply allows contractors, lumber and building material dealers, distributors and manufacturers to eliminate paperwork and entry, coding and selection errors by sending and receiving purchase orders and invoices electronically. Firms using Hyphen Supply can monitor and schedule every construction project assigned to them with real time updates.

Hyphen (www.hyphensolutions.com), based in Dallas, is one of the leading providers of construction management solutions to the homebuilding industry. The company provides e-commerce and specialized Web-based systems to help businesses increase productivity and connect business partners to one common platform.

Lennar Corporation (www.lennar.com), founded in 1954, is headquartered in Miami and is one of the nation's leading builders of quality homes for all generations, building affordable, move-up and retirement homes. Under the Lennar Family of Builders banner, the company includes the following brand names: Lennar Homes, U.S. Home, Greystone Homes, Village Builders, Renaissance Homes, Orrin Thompson Homes, Lundgren Bros., Winncrest Homes, Sunstar Communities, Don Galloway Homes, Patriot Homes, NuHome, Barry Andrews Homes, Concord Homes, Summit Homes, Cambridge Homes, Genesee Company, Rutenberg Homes and Seppala Homes. The company's active adult communities are primarily marketed under the Heritage and Greenbriar brand names. Lennar's Financial Services Division provides residential mortgage services, title and closing services, and its Strategic Technologies Division provides high-speed Internet access, cable television and alarm monitoring services for both Lennar homebuyers and other customers.

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