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Top Industry Leaders Join Realm Business Solutions to Continue Expansion into the Global Markets

Realm Significantly Strengthens Management Team

HOUSTON—February 5, 2007— Realm Business Solutions, the global leader in software solutions for the commercial real estate industry, announced today that it has significantly strengthened its management team with the addition of five top executives drawn from both the commercial real estate and software industries. Bruce Kellogg, the former president of the Appraisal Institute; Pius Leung, the former president of CCIM; and Robert Gray, a real estate consultant formerly affiliated with Torto Wheaton Research have each joined Realm. This team of industry leaders will help guide the growing company as it continues its expansion into global markets. From the software industry, seasoned veterans Doug Skogman and Paul Throldahl will lead Realm’s development and global sales teams respectively.

Kellogg will advance Realm’s industry relations and business development initiatives. Kellogg comes to Realm after having served as the 2005 president of the US-based Appraisal Institute and is arguably one of the most notable figures in the US appraisal industry today. His lengthy career has included posts at top firms such as Cushman & Wakefield and CB Richard Ellis. Bruce has traveled the world speaking on topics related to standards and the appraisal profession and regularly participates in global standards organizations, including OSCRE and PISCES.

"Having worked with a major global full-service real estate firm for the past decade, Cushman & Wakefield, and having been in leadership of a pre-eminent global professional valuation association over the past four years, the Appraisal Institute, the move to Realm Business Solutions is a natural. Their progressive strategies and global presence in the real estate marketplace blend nicely with my background and skills, and I am excited about the future as a result," says Kellogg.

Leung will head up Realm’s education division and oversee the public and private training programs and curriculum. In 2005, Leung served as the 39th president of the CCIM Institute and the first ever president born outside the US. He has also served as a faculty member of the CCIM Institute, NAR CIPS Network, Institute of Real Estate Management and the Realtors Land Institute. He is currently a visiting professor at the School of International Economic and Trade at the University ofInternational Business and Economics in Beijing, China. He has trained real estate professionals around the world in countries such as the Czech Republic, Poland, Japan, Russia, Mexico, Korea and China.

Gray will guide product management for Realm’s revolutionary RealPulse.net product, which is the commercial real estate industry’s first global data exchange. Gray’s background includes over 15 years of consulting for some of the world’s top real estate firms in portfolio analysis and information systems. Prior to consulting, Gray had various senior level positions with firms such as AEW Inc., and Decisionex.

As Realm’s chief technology officer, Skogman directs all of the software development, testing and information technology needs of the Company. His charge is to maintain and further develop Realm’s role as a cutting-edge, next generation technological solutions provider to the commercial real estate industry. Prior to Realm, Doug held top development positions at companies like AspenTech, BMC Software, Object Reservoir, Kinesix and Scientific Software-Intercomp.

Realm’s sales organization will be headed by Throldahl, a talented sales executive with over 12 years of direct sales and management experience in the technology industry. Throldahl has built numerous inside and enterprise sales teams from the ground up for companies such as VoiceGenie Technology, TrailBlazer Systems, Tidal Software and Platinum Technologies.


Media Contact
Jennifer Brenner Andrade
Vice President of Marketing
Realm Business Solutions
Tel: 1-713-341-3630
Cell: 1-713-409-5627
jandrade@realm.com


About Realm Business Solutions

Realm Business Solutions, Inc. provides software and services that enable its customers to better manage the financial and operational performance of their real estate portfolios. More than 8,000 of the industry's leading owners, managers, financial institutions and REITs trust Realm solutions to improve the visibility and flow of information throughout their critical business processes. Realm is the developer of such industry standard products as ARGUS, BUDGET, CTI, DYNA, INSIGHT and LEASE. Visit Realm's website to learn more about these solutions, as well as reXML, the open source language for exchanging data between Realm and other applications: www.realm.com.