Appraisal Management Firm Fulfills Commitment to Create Hundreds of New Jobs

INDIANAPOLIS, May 18 /PRNewswire/ -- In February of 2009, Governor Mitch Daniels joined executives from StreetLinks National Appraisal Services to announce the company's plans to expand operations in Indianapolis and to create 320 jobs in three years.

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Just after the one year anniversary of the announcement, Steve Haslam, StreetLinks CEO, provided an update on the company's growth.

"We are proud to have exceeded our commitment to the state of Indiana in our first year in the new facility; we hired 338 people in 2009 generating over $7 million in wages," said Haslam.  "StreetLinks is the fastest growing independent appraisal management company in the country.  In less than one year our employee base has grown over 1200% and our appraisal order volume has grown almost 2000%.  We appreciate the support of the IEDC and we are proud to be maximizing the economic credits and grants they have provided us and we look forward to a long term mutually beneficial relationship with the state of Indiana."

"The employee base in and around Indianapolis is the very best I have had the privilege to work with anywhere in the country.  I have never observed the level of enthusiasm and loyalty that we have here – I am glad we chose Indianapolis to grow our operations," added Paul Bradley, StreetLinks' Operations V.P.

As an incentive for StreetLinks to choose their central Indiana location, the Indiana Economic Development Corporation (IEDC) offered StreetLinks up to $310,000 in performance-based tax credits and up to $100,000 in training grants based on the company's job creation plans.

"StreetLinks' unprecedented growth last year is indicative of the strength of central Indiana's workforce and business climate," said Mitch Roob, Secretary of Commerce and Chief Executive Officer of the Indiana Economic Development Corporation.  "We are always thrilled to see companies outperform their own expectations and create new opportunities for Indiana workers."

Additional information is available at www.streetlinks.com or by calling 1(800) 778-4788.

About StreetLinks

StreetLinks National Appraisal Services is a real estate appraisal procurement and management company that provides nationwide real estate valuation services to lenders and other mortgage origination firms.  The company specializes in providing comprehensive valuation solutions that provide its clients the ability to engage StreetLinks for all real estate appraisal-related procurement, management, accounting, tracking and reporting functions.  StreetLinks operates under a "Non-Influence" methodology which maintains the anonymity of the appraiser from the originating firm, providing StreetLinks clients the assurance of compliance with FHA, HVCC and all other existing and proposed regulation/legislation surrounding the collateral valuation process as well as promoting enhanced portfolio performance as a result of appraiser independence and impartiality.

SOURCE StreetLinks National Appraisal Services