Mr. Jeff Hayward reports

ARGUS SOFTWARE SURPASSES PIVOTAL 1,000 CUSTOMER MILESTONE FOR ARGUS ENTERPRISE

Altus Group Ltd. has surpassed a significant 1,000-customer milestone for its flagship Argus Enterprise (AE) platform -- the world's most comprehensive asset and investment management software for commercial real estate (CRE).

Over the past two years the critical mass adoption of AE in the CRE market has been accelerating and expanding globally, solidifying AE as the global standard for commercial real estate asset and portfolio management. Today, more than 1,000 clients and tens of thousands of users across the CRE industry including investors, owner operators, lenders, portfolio managers and eight of the 10 largest real estate service providers, depend on AE to manage, analyze and report on their worldwide real estate assets. Recent enhancements to AE provide 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 customers around the world continue to rely on AE to help them transact and manage commercial real estate assets to deliver results. Whether empowering decision making across their own portfolios and global assets or on behalf of their clients, the AE platform is enabling customers to connect to the market with greater speed, visibility and efficiency," said Mike Abramsky, president of Argus Software.

"We rely on Argus Enterprise to bring a consistently high level of accuracy and operational efficiency to our transactions, and it is instrumental to our capital markets business and the continued delivery of value to our clients," said Romel C. Canete, executive managing director, financial services, at Newmark Grubb Knight Frank, one of the world's leading commercial real estate advisory firms.

"Argus Enterprise's powerful database brings tremendous efficiencies to our valuations team, broadening our capability to support critical decision making on portfolio value across our business. We consider AE a key strategic solution for our organization," said Lawrence Waterfall, vice-president of valuations for Bentall Kennedy, one of North America's largest real estate investment advisers.

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