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CORT News Center

CORT Expands National Rental Relocation Team

FAIRFAX, VA (February 25, 2008) - CORT announces the addition of two industry veterans to its growing Rental Relocation Services team.

August "Augie" Alifante joined CORT in February as a new national relocation account executive for the greater New York City metropolitan area. In December, Gloria Newman joined CORT 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 rental and rental relocation services provider, is providing the nation's first and most comprehensive range of rental relocation services for people and companies in transition.

Alifante brings over 20 years combined experience in the relocation services and airline industries to his position at CORT. Most recently, Alifante was the vice president of Global Business Development for Countrywide Home Loans and Altair Global Relocation. Previously, Alifante was a principal for RW3 LLC, a GMAC Global Relocation Services company. Alifante 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. He is a national speaker, author for corporate relocation, and named in "Who's Who in Corporate Relocation."

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, 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.

About CORT
CORT is a Berkshire Hathaway Inc. company (NYSE: BRK.A and BRK.B) serving more than 80 percent of the Fortune 500 companies. For more than 35 years, CORT has been the leading provider of rental furniture, accessories and related services in the "rent-to-rent" furniture industry. CORT established operations in the United Kingdom in 2008 and has an expanding global network of affiliates in more than 50 countries. CORT provides the nation's most comprehensive range of rental relocation services, including the most robust apartment search services at www.ApartmentSearch.com. In addition, CORT is the nation's leading provider of rental furniture for trade shows and events. For more information about CORT, visit www.cort.com.

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

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Florida Apartment Association
August 20-22, 2008, Orlando
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Nov. 19-21, 2008, Las Vegas, NV
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