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Altus Group Ltd
Symbol AIF
Shares Issued 28,974,693
Close 2014-04-07 C$ 19.40
Market Cap C$ 562,109,044
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Altus unit provides ARGUS Enterprise to 200th customer

2014-04-08 11:21 ET - News Release

Mr. Mike Abramsky reports

ARGUS SOFTWARE SURPASSES 200 CUSTOMER MILESTONE FOR ARGUS ENTERPRISE

ARGUS Software Inc., a subsidiary of Altus Group Ltd., has surpassed the 200-customer milestone for its ARGUS Enterprise (AE) platform.

The strong adoption of AE continues to expand ARGUS's client base around the world where more than 200 clients and 3,000 enterprise users have made it their choice for commercial real estate market asset and portfolio management. Clients are compelled by the comprehensive offering that provides them with a clear understanding of their portfolios and enhanced decision-making ability.

"Our robust growth comes from the fact we have developed a commercial real estate software platform that addresses a wide range of customer's business needs," said Mike Abramsky, president, ARGUS Software. "Whether they are in New York, London or Singapore, our customers are looking for an integrated solution that provides them with exceptional valuation capabilities and robust budgeting functionality to give them greater investment visibility."

ARGUS Enterprise

The ARGUS Enterprise platform brings significant value to a client's asset and investment management process, offering the following business benefits:

  • Integrated platform: Valuation, asset management and budgeting in a single platform allowing for greater scalability, data integration and transparency while providing proven integration with popular client infrastructure;
  • Better investment visibility: Ability to produce stronger forecasts and projected returns by creating scenarios based on market conditions;
  • Superior performance and accuracy: Faster and more accurate cash flow models and valuations, improved user experience, and ease of use for budget tasks.

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