Solidifi's parent company appoints Robert Courteau to its Board of Directors

 Solidifi's parent company 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

PR Newswire

BUFFALO, N.Y., Jan. 24, 2013

BUFFALO, N.Y., Jan. 24, 2013 /PRNewswire/ --Solidifi, the third largest
independent provider of residential real estate appraisals in the U.S.,
announced today that its parent company, Real Matters has appointed Robert
Courteau to its Board of Directors. Solidifi is a trusted, well-capitalized
alternative to traditional appraisal management companies servicing more than
50% of the nation's top lenders. An industry thought leader, Solidifi is
helping evolve the appraisal management business through its technology and
analytics platform.

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 Solidifi. "His
experience and expertise is the right fit for Solidifi as we move into our
next stage of growth."

That next stage of growth is well underway. In 2012, Solidifi's parent
company, Real Matters, successfully completed a $22 million round of growth
financing and this month Solidifi, acquired Kirchmeyer & Associates
strengthening its position in the U.S. market. It is using technology to build
efficiency throughout the appraisal process, increase quality, drive costs out
and improve the client experience. Solidifi's technology identifies the right
appraiser for each assignment who will deliver high-quality comprehensive
appraisals to the lender.

"It's an important time for Solidifi 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. "Solidifi's 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 Solidifi 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 Solidifi
Solidifi is the 3^rd largest independent provider of residential real estate
appraisals in the US. Today Solidifi is the appraisal service provider of
choice for 50% of the top 50 lenders. The organization offers a flexible
technology platform for procuring collateral valuations from an elite network
of over 23,000 high quality appraisers who openly compete for business based
on quality, speed and price. Solidifi`s parent company Real Matters is ranked
21st on Deloitte's Technology Fast 500.Solidifi is located in Buffalo,
NY.Additional information about Solidifi is available at www.solidifi.com.

SOURCE Solidifi

Website: http://www.solidifi.com
Contact: Jaime Lea Foss, Vice President, Marketing & Communications, Solidifi,
+1-905-695-3969, jfoss@solidifi.com
 
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