News Details

HOUSTON--(BUSINESS WIRE)-- Camden Property Trust (NYSE:CPT) today announced the launch of a resident portal designed for users of iPhone, Droid, Palm Pre and other mobile devices. This new feature allows residents of Camden apartment communities to pay rent and submit or check the status of service requests from their handheld devices.

"Our residents no longer need to visit the leasing office or even be at a computer to make payments or service requests," said John Selindh, Camden's Vice President of Marketing. "The mobile portal offers Camden's residents a quick and easy way to conduct business when it's convenient for them."

"During the first quarter of 2010, we processed over 165,000 transactions through our resident portal," said Kristy Simonette, Camden's Senior Vice President of Strategic Services and CIO. "We are pleased to now offer on-the-go access to our portal, allowing even more flexibility for our residents."

In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which Camden operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict.

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 183 properties containing 63,286 apartment homes across the United States. Upon completion of two properties under development, the Company's portfolio will increase to 63,658 apartment homes in 185 properties. Camden was recently named by FORTUNE(R) Magazine for the third consecutive year as one of the "100 Best Companies to Work For" in America, placing 10^th on the list.

For additional information, please visit our website at camdenliving.com or contact Camden's Investor Relations Department at 800-922-6336 or 713-354-2787.

    Source: Camden Property Trust