Mr. Jeff Hayward reports

ARGUS ENTERPRISE 10.6 EMPOWERS THE COMMERCIAL REAL ESTATE INDUSTRY TO WORK SMARTER, FASTER

Argus Software Inc., a subsidiary of Altus Group Ltd., and the leading provider of software solutions for the commercial real estate industry, today launched Argus Enterprise (AE) Version 10.6, the most advanced version of its industry-leading commercial real estate (CRE) asset management and investment platform. AE 10.6 delivers streamlined and user-friendly efficiencies that tackle the most challenging productivity requirements facing CRE professionals.

In today's highly competitive market, CRE investment requires speed, flexibility and accuracy. AE 10.6 provides users with a powerful asset management, forecasting and scenario-based solution -- including for investment brokers and those involved with acquisitions, dispositions, originations and underwriting who are now able to spend less time building cash flow models and close deals faster.

"Our clients worldwide are facing rising pressures to be successful amidst a fast-paced and competitive real estate market. AE 10.6 represents the culmination of best-in-class approaches taken across the world, and includes productivity features specifically tailored to those customers previously accustomed to the industry-standard Argus DCF 15 software," said Mike Abramsky, president of Argus Software.

"We are extremely excited about the release of AE 10.6. We have worked with the team at Argus to provide feedback on functionality to be included in this release. The important productivity enhancements will complement the existing reporting flexibility and long-term forecasting capability we've come to rely on from AE," said Yolande LeClerc, senior vice-president of corporate finance and planning with Brixmor Property Group.

AE is the world's most comprehensive CRE asset and portfolio management platform, adopted by over 600 customers and thousands of users around the world. It offers an industry-standard global unified platform capable of handling any assignment regardless of scope or location. Version AE 10.6 includes a number of beneficial enhancements to improve the user experience including:

User productivity

AE 10.6 features a number of ease-of-use improvements aimed to increase productivity including several DCF inspired enhancements such as legacy shortcuts, the ability to copy and paste from Excel and direct edit panes.

New reporting capabilities

Additional new reporting capabilities have been added including report search and report packages options as well as several useful DCF-like outputs such as sources and uses and input assumptions reports, all designed to provide greater visibility, interpretation and ease of use.

Enhanced sensitivity module

AE 10.6 delivers enhanced multidimensional, what-if-style scenario analytics and key performance indicators (KPIs) to create a matrix of potential values, providing an extended evaluation capability to help identify, measure and mitigate risk.

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