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Real Matters appoints Robert Courteau to its Board of Directors


A well-respected business leader who has an extensive track record helping businesses set and execute strategy

TORONTO, Jan. 24, 2013 /CNW/ - Real Matters, a leading provider of property insights to the North American mortgage and property and­ casualty (P&C) insurance industries announced today it has appointed Robert Courteau to its Board of Directors. Recently ranked the third fastest growing Canadian Technology Company by Deloitte Technology Fast 50 and 21st on the North American Fast 500, Real Matters has differentiated itself with its thought leadership and is in rapid growth mode.

Mr. Courteau has held senior executive positions at leading technology companies, most recently at SAP where he served as President, North America. He is currently the Chief Executive Officer of Altus Group Limited, a global leader in professional consulting, software and data solutions for the real estate industry.

"Mr. Courteau is a well-respected business leader who has an extensive track record helping businesses set and execute strategy and grow profitably by providing high value solutions to clients. We are excited to have him join our board of directors," says Jason Smith, president and CEO of Real Matters. "His experience and expertise is the right fit for Real Matters as we move into our next stage of growth."

That next stage of growth is well underway. In 2012, the company successfully completed a $22 million round of growth financing and this month Real Matters' U.S.-based subsidiary, Solidifi, acquired Kirchmeyer & Associates to become the third largest independent provider of residential real estate appraisals in the U.S. Solidifi is a trusted, well-capitalized alternative to traditional appraisal management companies servicing more than 50% of the nation's top lenders.

"It's an important time for Real Matters and I am excited to help it build on its strengths to grow market share and further secure its leadership position in the industry," says Mr. Courteau. "Real Matters' management is entrepreneurial, focused and knows what it takes to grow. I look forward to working with this high performing team and my fellow board members and sharing my knowledge to help Real Matters achieve its objectives."

About Altus Group Limited Altus leads the global real estate industry in offering professional real estate advisory services, data solutions and intelligence about an organization's assets, generating a wealth of knowledge and insight. With a staff of over 1,700, Altus has a network of over 50 offices in a number of countries worldwide, including Canada, the United Kingdom, the United States, Australia and China. We operate five interrelated Business Units, bringing years of experience and a broad range of expertise together into one comprehensive platform: Research, Valuation and Advisory; Cost Consulting and Project Management; Realty Tax Consulting, Geomatics and ARGUS Software. Altus' clients include banks, financial institutions, governments, pension funds, asset and fund managers, developers and landlords and companies engaged in the oil and gas industry.

About Real Matters Serving the North American mortgage industry through its Solidifi offering and the property and casualty (P&C) insurance industry through its iv3CUS business, Real Matters creates powerful insights into residential and commercial properties. Leveraging its cloud-based technology platform, redihive™, the organization provides its customers with subject matter expertise gathered through partnerships with more than 24,500 field agents. Established in 2004, Real Matters has its Canadian head office in Markham, Ontario and U.S. office in Buffalo, New York. Additional information about Real Matters is available at www.realmatters.com.

Jaime Lea Foss, Vice President, Marketing & Communications, Real Matters, 905-695-3969, jfoss@realmatters.com

http://www.realmatters.com

SOURCE: Real Matters

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/January2013/24/c8325.html

CO: Real Matters NI: FIN INS REL 2575 WNEWS

-0- Jan/24/2013 12:50 GMT

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