July 20,  2005.

After more than a year of research, investigation and deliberation, Greystone Communities has selected CARDWATCH as its recommended Meal Plan Management and POS application for its planned, new and existing client communities.

Given the unique nature of every client community's meal plan offering, Greystone needed a solution that could offer immense flexibility, the ability to scale from small to large environments and a robust feature set to satisfy even the most demanding client requirements. It was important that their recommended Meal Plan & POS solution be able to tie in to their AAOD accounting systems to post charge transactions automatically at month end.

CARDWATCH's first install at a Greystone Community will be at the newly opened Kahala Nui in beautiful Honolulu Hawaii, with many more to follow in 2005.  

Greystone (recently acquired by Sunrise Senior Living) is the 18th largest senior housing manager in the United States and offers a broad range of services to its senior living community clients including corporate strategic planning, project planning, development, resident marketing, capital acquisition and pre-opening and operations management services. Greystone hasbeen engaged to develop or expand approximately 75 senior living communities involving more than $3.5 billion in tax-exempt revenue bond financings across the country. Greystone also has worked with a number of clients to re-develop older communities and to improve the financial performance of existing communities. For more information on Greystone Communities, visit their website .