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Knoxville-based Courthouse Retrieval System Acquires Competitor
Thursday, August 07, 2008

KNOXVILLE, Tenn., Aug. 7 /PRNewswire/-- Courthouse Retrieval System, Inc. (CRS) a leading provider of web-based property tax data for realtors, investors, appraisers and retail businesses in the US, announced today that it has acquired 100% of Realty EYES, a division of InfoCode.

Based in Nashville, TN, Realty EYES provided property tax records and tax maps for customers in Tennessee. This acquisition strengthens CRS's position as a leading tax record information provider by increasing our customer base in Tennessee.

According to Courthouse Retrieval System President, John Lutz, "This acquisition will benefit CRS customers as well as Realty EYES customers as we integrate Realty EYES components into the CRS Real Estate PowerTool to give our customers a superior product."

Jim McLeod, CEO of InfoCode says, "This will be very beneficial to Realty EYES customers. The combination of our products and staff will bring a higher level of service. InfoCode is excited about the enhanced customer care CRS brings with a fully staffed technical support staff and training department."

The acquisition is effective immediately. The company will be headquartered at 341 Troy Circle in Knoxville, TN. Employees at both businesses will be retained.

About Courthouse Retrieval System, Inc

Courthouse Retrieval System, Inc. was founded in 1989 to provide a property information service for the real estate community which has now expanded to include: investors, attorneys, appraisers and retail businesses. CRS now offers more than 2000 corporations access to public tax records, sales and mortgage histories, warranty deeds, comparative market analyses, maps, area demographics and property analyses.

About InfoCode Corporation

InfoCode Corporation provides data management software development and GIS implementations related to public safety, public works and utilities, local government and related real estate industries. InfoCode has been delivering property information to the real estate industry through Realty EYES since 1992.

For further information, please see our website at http://www.crsdata.com

SOURCE Courthouse Retrieval System, Inc.



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