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Abstract
(Marketwired - Dec. 1, 2015) - Altus Group Limited ("Altus Group" or "the Company") (TSX:AIF) announced today that it has acquired Integrated Real Estate Resources, Inc. ("INTRER"), a firm providing software implementation, business process improvement and customized solutions globally to the commercial real estate industry. The acquisition of INTRER significantly enhances the Company's application services capabilities of its ARGUS Software ("ARGUS") subsidiary, providing for a one-stop solution for implementing ARGUS' products.
"INTRER's strong reputation and extensive knowledge of ARGUS' suite of products will drive deeper value for our clients who will benefit from a seamless implementation team," said Mike Abramsky, President of ARGUS. "The addition of the INTRER team and its proprietary software tools enhance our application services capabilities, providing more robust technical offerings while strengthening our team with a unique combination of real estate and software expertise."
Certain information in this press release may constitute "forward-looking information" within the meaning of applicable securities legislation. All information contained in this press release, other than statements of current and historical fact, is forward-looking information. Forward-looking information includes, but is not limited to, the acquisition of INTRER and the operational and financial prospects related thereto; Altus Group's business and operating initiatives; and its expectations of future performance for its various business units. Generally, forward-looking information can be identified by use of words such as "may", "will", "expect", "believe", "plan", "would", "could" and other similar terminology. All of the forward-looking information in this press release is qualified by this cautionary statement.