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Reis, Inc. Expands Office Property Coverage by 58 Additional Markets, Raising Total to 190

Reis, Inc. Expands Office Property Coverage by 58 Additional Markets, Raising
Total to 190

New Market Reports Translate Into Additional Growth Opportunities for the Firm

NEW YORK, Sept. 11, 2012 (GLOBE NEWSWIRE) -- Reis, Inc. (Nasdaq:REIS) ("Reis"
or the "Company"), a leading provider of commercial real estate market
information and analytical tools, today announced the expansion of office
property coverage by 58 additional U.S. cities, raising to 190 its
industry-leading roster of available office markets. Commercial real estate
professionals operating in these markets can now turn to Reis for the most
reliable rent comparables, sales comparables, submarket analyses, and
valuation and credit analytics, for use in making superior investment

Reis's Chief Executive Officer, Lloyd Lynford, said, "To be clear, no other
provider of commercial real estate market information maintains building-level
databases or publishes reports on as many geographic markets or property types
as does Reis. No one else comes close. This widening competitive advantage has
and will continue to support our acquisition of new customers and our
relentless pursuit of revenue growth."

Reis's Chief Operating Officer, Bill Sander, added, "For Reis, the regular
addition of new markets has become routine. This is our eleventh expansion of
coverage since 2007, and follows on the heels of last week's launch of our
industry-first Self Storage coverage in thirty leading metropolitan markets.
Along with this broadening of our geographic footprint and property type
coverage, we have continued to add new analytical capabilities to Reis
Subscriber Edition, empowering our subscribers to make the fullest use of the
information we provide."

This expansion follows the Company's earlier expansion of retail coverage by
50 U.S. cities in September 2011, and the recent release of Reis Subscriber
Edition version 2.0. Reis said it intends to continue its expansion efforts
with the addition of new apartment markets in 2013.

About Reis

Reis, founded in 1980, provides commercial real estate market information and
analytical tools for its subscribers. Reis maintains a proprietary database
containing detailed information on commercial properties in metropolitan
markets and neighborhoods throughout the U.S. The database contains
information on apartment, office, retail, warehouse/distribution and
flex/research & development properties and is used by real estate investors,
lenders and other professionals to make informed buying, selling and financing
decisions. In addition, Reis data is used by debt and equity investors to
assess, quantify and manage the risks of default and loss associated with
individual mortgages, properties, portfolios and real estate backed
securities. Reis currently provides its information services to many of the
nation's leading lending institutions, equity investors, brokers and

Reis, through its flagship institutional product, Reis SE, and through its
small business product, ReisReports, provides online access to a proprietary
database of commercial real estate information and analytical tools designed
to facilitate debt and equity transactions as well as ongoing evaluations.
Depending on the product, users have access to trend and forecast analysis at
metropolitan and neighborhood levels throughout the U.S. and/or detailed
building-specific information such as rents, vacancy rates, lease terms,
property sales, new construction listings and property valuation estimates.
Reis's products are designed to meet the demand for timely and accurate
information to support the decision-making of property owners, developers,
builders, banks and non-bank lenders, and equity investors. These real estate
professionals require access to timely information on both the performance and
pricing of assets, including detailed data on market transactions, supply,
absorption, rents and sale prices. This information is critical to all aspects
of valuing assets and financing their acquisition, development and

For more information regarding Reis's products and services, visit and

The Reis, Inc. logo is available at

Cautionary Statement Regarding Forward-Looking Statements

This press release, together with other statements and information publicly
disseminated by Reis, Inc., may contain certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements
of Reis or industry results to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Please refer to Reis's annual, quarterly and
current reports on file with the SEC for a more detailed discussion of various
risks that could cause results to differ materially.

CONTACT: Press Contact:
         Michael J. Richardson
         Senior Vice President, Sales & Marketing
         Investor Relations:
         Mark P. Cantaluppi
         Vice President, Chief Financial Officer
         Reis, Inc.
         (212) 921-1122

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