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Lead Actor Takes Reprieve From RENT

By Anonymous

FOR IMMEDIATE RELEASE
New York, NY -- November 22, 2003

Lead Actor Takes Reprieve From RENT

Actor/singer Ryan Link, who has been playing "Roger Davis" in the Broadway company of the hit rock musical RENT since September, announced today he is taking a medical leave from the show.

Citing vocal health issues, including “recurrent laryngitis, hoarseness and pre-nodular edema”, Link has reached an agreement with the production team to “suspend and extend” his contract, and will resume performances on January 4, 2004. He has not performed since November 10.

In a “rock opera” notorious for inflicting vocal strain upon many of its actors, leaves of absence are common, particularly for this role.

“RENT is a tough show to sing 8 times a week, twice a day on weekends,” says Link. “It requires a larynx of steel. Classical opera singers get triple-cast and have a couple of days to rest between shows -- and they’re not rocking out like we are.”

Link is working with a vocal coach to strengthen his technique, and is confident he will return with renewed vigor and endurance when he concludes his rest period. He joined the cast of RENT just two months ago; this is his first starring role, as well as his Broadway debut.

In his absence, fellow performer Jeremy Kushnier has been called in to substitute. Kushnier has played “Roger” previously, most recently on the 2nd national tour of RENT, and is also known for originating the role of “Ren” in Footloose on Broadway.

Link recently understudied Kushnier in the role of “Radames” on the national tour of Elton John and Tim Rice’s Aida, which closed in August in Milwaukee.

Link's contract with the Tony-winning RENT, originally through February 1, will be extended through April 1, 2004, once he returns to work. For more information, please contact What Kinda PR at (212) 979-0704, email pr@ryanlink.com, or visit Link's website: ryanlink.com.



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Rent Collection via ClearNow is More Cost Effective Than Credit Cards for Rental Property Owners

By Anonymous

Durham, NC, April 24, 2002 – In her article, “Visa Aiming Rent-Pay Service at Landlords,” published on April 11, 2002, AmericanBanker.com writer, Lavonne Kuykendall, writes that although Visa USA is trying to introduce credit cards to the apartment rental industry, property owners may want to think again before agreeing to accept them for rent payments. With Visa USA charging on a percentage basis, their merchant fees can be quite high (around 2.5% to 3% of rent amounts) thus making credit cards a less attractive means to collect rent. Compared to credit cards, ClearNow, Inc.’s automatic rent collection service is a cost-effective tool that saves landlords and property managers time and money. ClearNow automatically debits resident rents on a specific day each month and directly deposits these rents to the property’s checking account.

Because of the high merchant fees associated with credit cards, Visa USA’s strategy is to sell the concept to large properties that control thousands of apartments. However, according to the US Census, individuals own the majority of residential rental property - with the average ownership of rental property being one to five units. ClearNow enables all landlords and property managers to save time and money regardless of size. ClearNow eliminates trips to the bank, provides owners and managers faster access to funds, and relays prompt notification of residents who have paid.

Most importantly, ClearNow offers reasonable flat fee “pay-for-usage” pricing. “The ACH payment network is by far the most cost-effective and trusted way to electronically transfer rent from a resident’s checking account to his/her property’s checking account,” said Justin Yung, Vice President of ClearNow, Inc. “Compared to credit cards which bill on a percentage basis, ACH payments are significantly less expensive and are billed on a flat-fee basis.” ClearNow starts at just $14.95 for the first resident. Each subsequent resident is just an additional $1.80 per month. In comparison, a 3% credit card fee on a single $1,000 rent would be $30.00.

Robert Cain is publisher of Rental Property Reporter, a newsletter for apartment managers who own and manage less than 10 units. He does not believe credit cards will catch on in the small owner market. In addition to the high merchant fees, he believes landlords may face difficulty in qualifying for merchant status to accept credit cards.



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Rental Properties can Collect Rent Automatically from Tenants with ClearNow

By Anonymous

FOR IMMEDIATE RELEASE:

CONTACT:
Ryowon Kim
ClearNow, Inc.
Tel: (919) 620-6674
Fax: (919) 620-6675
Ryowon@ClearNow.com
www.ClearNow.com


Durham, NC, August 27, 2001 – ClearNow, Inc. announced today the general availability of its automatic rent collection service. It simplifies the process of electronically debiting rents from tenants’ bank accounts. Based in Durham, North Carolina, ClearNow, Inc. is a pioneer in easy-to-administer Web-based Automated Clearing House (ACH) payment solutions for the rental housing market.

With ClearNow, property managers and owners can achieve all the benefits of automatic rent collection – (1) increased tenant convenience, (2) a reduction in late payments, and (3) time savings – without the administrative and technical complexities involved when dealing with the ACH payment network.

“The ACH payment network is by far the most cost-effective and trusted way to electronically transfer rent from a tenant’s checking account to his/her property company’s checking account,” said Justin Yung, Vice President of ClearNow, Inc. “Compared to credit cards which bill on a percentage basis, ACH payments are significantly less expensive and are billed on a flat-fee basis.”

“Until now, using the ACH payment network has required the extensive set-up and learning of ACH software. Today with ClearNow, the whole process has been dramatically simplified. With ClearNow, there is no complicated software for the property manager to install and learn. And, property managers do not have to remember to transmit files back and forth with a bank every month. Using ClearNow, the property manager simply inputs the rent amount and lease expiration date for an enrolled tenant in the property manager’s online ClearNow account. Each month, ClearNow automatically handles the fund transfer.”




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