Altus Group Limited
TSX : AIF

Altus Group Limited

January 26, 2012 08:52 ET

Altus Group Limited Announces a Personnel Change in Asia Pacific

TORONTO, ONTARIO--(Marketwire - Jan. 26, 2012) - Altus Group Limited ("Altus Group") (TSX:AIF) today announced that Shane D'Arcy, Global President, Cost Consulting & Project Management ("Cost") is no longer with Altus.

Michelle Tessaro, VP Operations, Altus Group, will work alongside the local team to support future business initiatives in China and Hong Kong, which remain key areas of opportunity for Altus.

About Altus Group Limited

Altus Group leads the global real estate industry in delivering data and information 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 70 offices in 14 countries worldwide, including Canada, UK, Australia, Asia and the United States. We operate five interrelated Business Units, bringing years 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.

Forward Looking Statements

Certain statements in this press release may constitute "forward-looking" statements, which involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Altus and its subsidiary entities to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. These risks and uncertainties are described in Altus' publicly filed documents, including the Annual Information Form (which are available on SEDAR at www.sedar.com). Although the forward-looking statements contained in this press release are based upon what Altus believes to be reasonable assumptions, Altus cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release and, except in accordance with applicable laws, Altus will not update or revise them to reflect new events or circumstances. Additionally, Altus undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Altus, its financial or operating results, or its securities.

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