CORT Names New Director of Rental Relocation

FAIRFAX, VA (Nov. 30, 2007) - CORT announces the addition of relocation industry veteran Gloria Newman as the director of Rental Relocation Services.

Since the launch of CORT’s rental relocation services a year ago, the company is providing services for more than 500 companies to support domestic and international employee relocations and temporary assignments, and interest continues to grow rapidly.

CORT, a Berkshire Hathaway company and the nation’s leading furniture provider in the “rent-to-rent” industry for more than 35 years, is providing the nation’s first and most comprehensive range of rental relocation services for people and companies in transition Newman brings a vast amount of experience in the relocation industry to her new role at CORT. During the past four years, she has served as senior vice president of consulting and strategic alliances for GMAC Home Services. Prior to that, she oversaw the relocation program for Sears, and she directed the Central and Western U.S. operations for Cendant Mobility. In her new role at CORT, Newman is applying her strategic and operating experience to enhance CORT’s rental relocation business and expand services to customers.

CORT’s rental relocation services include hotels, apartments, corporate housing, single family home rentals, destination touring services, utility services, renter’s insurance, car rental, identity theft recovery, job search assistance for spouses and much more. CORT relocation consultants can assist with virtually any services needed to help employees and their families begin living in new communities.

CORT has access to more than 70,000 hotel and extended stay units and more than 15,000 corporate housing units. CORT also has access to more than 3.8 million apartments across the nation through its ApartmentSearch.com service, the nation’s most comprehensive online apartment search Web site.

Newman is the recipient of the Meritorious Service Award from the Employee Relocation Council and has earned the organization’s prestigious CRP (Certified Relocation Professional) designation.


About CORT
CORT is a Berkshire Hathaway Inc. company (NYSE: BRK.A and BRK.B). For more than 35 years, CORT has been a leading provider in rental furniture, accessories and related services in the “rent-to-rent” furniture industry for companies and individuals. CORT customers include more than 80 percent of the Fortune 500 companies. CORT’s www.ApartmentSearch.com is the nation’s most comprehensive online apartment search service, and CORT is the nation’s leading provider of rental furniture to trade shows and events. CORT has more than 2,500 employees in 34 states with offices in every major metro market. In addition, CORT has an expanding global presence with affiliates in more than 50 countries. For more information about CORT, visit www.cort.com.

Media Contact
Scott Yates, Largemouth Communications (for CORT)
919-459-6452 or scott@largemouthpr.com