Agreement Will Provide Camden Residents Computer Purchase Discounts
HOUSTON, Oct. 28 /PRNewswire/ -- Camden Property Trust (NYSE: CPT)
announced today that it has entered into a nationwide marketing alliance with
Compaq Computer Corporation (NYSE: CPQ). Upon implementation, Camden
residents will be able to purchase Compaq computers and equipment at
discounted prices. This unique arrangement provides an additional amenity for
Camden residents while providing Compaq with a direct marketing link for
selling computers and equipment within Camden's broadly diversified portfolio
of 159 communities in 18 cities in 9 states.
Camden residents will be able to purchase computer products under a
specifically designed program from Compaq. Camden intends to transition the
computer equipment in its various resident business centers and offices to
Compaq equipment under the program as well. "Combining Camden's marketing
network and expertise with Compaq's outstanding product reputation should be
beneficial to both Houston-based companies and provide a nice service for our
residents as well," said Keith Oden, President and Chief Operating Officer of
Camden.
Camden Property Trust is a real estate company engaged in the ownership,
development, acquisition, management, and disposition of multifamily apartment
communities. Camden owns interests in and operates 151 properties containing
52,215 apartment homes in the Sunbelt and Midwestern markets from Florida to
California. Upon completion of 8 properties under development, the Company's
portfolio will increase to 55,785 apartment homes in 159 properties.
For more information, please contact Richard J. Campo or D. Keith Oden at
1-800-9Camden, or 713/354-2500, or access Camden's web site at
http://www.camdenprop.com.
SOURCE Camden Property Trust
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Related links: http://www.camdenprop.com
CONTACT: Richard J. Campo or D. Keith Oden, both of Camden Property Trust, 800-9Camden or 713-354-2500
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