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

Jan 24, 2013, 07:50 ET from Solidifi

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 3rd 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



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