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FOR RELEASE DECEMBER 2, 2004

AssetEye Introduces Support for ARGUS™ Real Estate Analysis and Forecasting Tool

NEW YORK, December, 2004 – AssetEye Inc., a leading provider of portfolio management tools for commercial real estate, today announced the introduction of integrated support for ARGUS™ in its flagship portfolio management product.  ARGUS™, from ARGUS Software Development Inc., is the de facto industry standard for commercial real estate analysis, valuation, and forecasting.

AssetEye users are now able to import and export rent rolls and cash flow forecasts using ARGUS' reXML integration capability.  reXML is ARGUS' proprietary XML schema that permits seamless transfer of data between ARGUS and other systems.

"ARGUS is used by a large percentage of our customer base," said Greg Sherman, AssetEye's President.  "Moving data automatically between ARGUS and AssetEye makes perfect sense because the time saved by our users is significant, not to mention the improved accuracy and convenience."

Sherman continued, "We've always supported data standards, whether driven by the industry or proprietary to a vendor.  In this case, it was easy to realize immediate benefits for our customers."

About AssetEye Inc.

AssetEye (www.asseteye.com) is a provider of award-winning advanced software solutions for commercial real estate owners, advisors, asset managers, and other investors.  Its flagship portfolio management solution has gained industry recognition for its ease-of-use, flexibility, and commitment to industry standards.

For information, reporters may contact:
Lawrence Prager
AssetEye Inc.
212/904-1166
E-mail: lprager@asseteye.com
Web: www.asseteye.com

 

 

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