(American Hungarian Technologies Inc.)

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Presentation transcript:

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) The Electronic Realty Transaction System (ERTS) is a Patent Pending web enabled automated system that that permits parties to a transaction to process and ratify their business forms and contracts online and with electronic signatures. Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) The Summary of our System is as follows: ERTS system / features Electronic Contract Generator Property (data) Search Listings or forms (data) Contract or Form Information Business Views Addendum Process Final Agreements Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) The purpose of the ERTS system: Is to provide a “one stop shop” for business forms and contractual transactions with detailed tracking and history for both parties to the transactions Change, correct, and track financial data for multiple transactions Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Electronic Contract Generator (ECG): The system automatically pulls information from multiple sources and automatically identifies end-user requests for services and ultimately enables the request to be develooped by using auto-populating techniques. Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Electronic Contract Generator: (Other features) The system automatically pulls information from multiple sources and automatically identifies end-user requests for services and ultimately enables auto-populating techniques for business forms and contracts. Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Property (data) Search: Telecommunications based accessibility (web, telecom) to many sources Private Commercial Government Foreign Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Contract Generation: A method of generating on line contracts for electronic transactions is selecting appropriate information for the contract and/or the form placing that string into the body of the contract itself Changes and specific dates can be altered by editing the contract and inserting specific information such as settlement date, place, etc Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) ERTS Features: The contract or the form can be modified or validated on line by each party pending on proper credentials All changes to the web based contract are tracked and change management is logged for the purpose of maintaining contract history ERTS utilizes XML-tagged fields which permits the utilization of previous captured data Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) ERTS Features: (Cont.) The Automatic Notification system alerts users of offers, counter offers, and any other changes to the contract. Triggers may be customized for any event On-line Ratification Utilizing binding electronic signatures economizes time constraints so that parties have access to transactions 24 hours a day, 365 days a year Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Listings or Forms (data): Searches on a Database of over One Million listings Clients can find properties (information) they wish to purchase Attaches to multiple data sources Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Simple Process: Click the “Buy it Now” symbol and the system brings you the home that you have been looking for One “click” operation to activate a business or contractual process and transaction Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Contract or Form Information: The entire contract creates itself from the selected listing from the database Users may add or modify additional data Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Contract or Form Information: (Cont.) Addendums can be electronically created for business forms and contracts Client can electronically sign their contract or form online Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Business Views: Signed contract Online If price, closing date, and terms are acceptable to the seller, then the seller electronically signs and the contract is ratified Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Business Views: (Cont.) If seller does not accept the contract but instead counter offers, than an addendum can be generated Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Addendum Process: System generates an addendum Counter offers are done by addendums until a contract or form is ratified and accepted Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Final Agreements: When addendums are accepted by all parties then the contract is fully ratified and electronically stored Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)

(American Hungarian Technologies Inc.) ERTS (US Patent 7,818,219) Presented by AHT Inc. (American Hungarian Technologies Inc.) Use of Contract or Form : The system has multiple roles for each contract and business form process and different security access rights: Individual Group Enterprise Both sides of a transaction Presentation By: Eva Klivington 3709 Center Way, Fairfax, VA 20033 703-201-5132 (C)