TRANSPACIFIC MANAGEMENT SERVICE JOINS OTHER INDUSTRY LEADERS TO CREATE THE MANAGEMENT TRUST

SANTA ANA, CA - Transpacific Management Service one of Southern California's largest and most respected community association management firms, has joined five other community management companies in Washington, Oregon, and California to form a 100% employee-owned holding company called The Management Trust.

The Management Trust currently serves 1500 community associations from its 18 offices, throughout the West Coast. The Management Trust is one of the largest community management firms in America, and is the nation's only community management company to be fully owned by its employees.

"Joining forces with other top performing community management firms not only allows Transpacific and Monarch to continue to provide superior local service, but also allows us to leverage the resources, systems, and the developer relationships of The Management Trust, ensuring the best solutions and services for our clients," said William Sasser, Chief Executive Officer of The Management Trust and President of Transpacific Management Service. "Also, joining The Management Trust and its Employee Stock Ownership Plan gives our employees new opportunities for financial growth through sophisticated training and operational systems and through the sharing of best practices among the various divisions. This "best of breed" approach assures our clients that they will continue to receive the best service the industry can offer."

"What all the divisions of The Management Trust share is a passion for providing excellent community management services and for building a supportive, energetic, and growth-oriented work place for our employee owners," said Sasser. "The Management Trust is well on its way to being known as the leader in community management. I am confident that The Management Trust will have a positive impact on the industry, our clients, and our employees for years to come."

The Management Trust is comprised of six community management subsidiaries: Transpacific Management Service (Southern CA), The Monarch Group (Palm Desert, CA), Kocal Management Group (Sacramento, CA), Goetz & Associates (Santa Maria, CA), Northwest Community Management (Portland, OR), and CDC Management (Seattle, WA).

About Transpacific Management Service
Transpacific Management Service is a community association management firm headquartered in Santa Ana, California. Transpacific was founded in 1966, and has sustained steady growth throughout its history. Today, the firm represents 250 community associations from its offices in Thousand Oaks, Culver City, Cerritos, Corona, Temecula, San Clemente, San Diego and Santa ana. Transpacific and its officers are actively involved with the California Association of Community Managers (CACM), where is has achieved the prestigious "Certified Management Firm" designation. Earning the CMF designation assures Transpacific clients that the firm operates to the highest ethical and performance standards. Transpacific enjoys strong working relationships with every major home builder in Southern California and is an active member of multiple chapters of the Building Industry Association. For more information about Transpacific, please contact William Sasser at (714) 285-2626, or browse this website.

About The Management Trust
Headquartered in Santa Ana, California, The Management Trust is a Certified Management Firm comprised of six subsidiaries in California, Washington and Oregon, and serves more than 1500 community associations. The Management Trust is the only employee-owned community management firm in the United States. For more information, please contact William Sasser at (714) 619-5711.

Mike McAllister Joins Transpacific's Builder Services Team

The employee owners of Transpacific Management Service are very pleased to announce the addition of Mr. Mike McAllister, Vice President of Forward Planning, to our staff. Mike's addition to our builder services department expands our service offerings to now include DRE budget processing and other forward planning and consulting services.

Mike is an 18 year veteran in the real estate development and management industry, and has the distinction of having been a budget reviewer for the California Department of Real Estate for ten years. This experience allows Mike a keen and unique understanding of the nuances of the department and the budget review protocol not otherwise readily available. As a result of his vast professional experience, Mike has expertise in virtually every complex budget matter, including mixed use, phased airspace envelopes, multi-builder, master/sub communities and timeshares. It is our hope that we can utilize Mike's expertise is assisting our homebuilder clients with budget processing or other forward planning needs.

Transpacific Management Service is a division of the Management Trust, and as such is the only 100% employee owned management firm in the nation. One of the hallmarks of employee ownership is a dedicated and well trained staff whose success is defined simply by out clients' success. Each of our staff members has a vested interest in building solid, long lasting client relationships. The addition of Mike to our staff furthers that notion and adds to the breadth of the services we offer.