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Altus Group Appoints Mike Abramsky as Chief Technology Officer

TORONTO, ONTARIO -- (Marketwire) -- 12/13/12 -- Altus Group Limited ("Altus") (TSX:AIF), a leader in independent professional advisory and consulting, technology and data offerings for the global commercial real estate industry, today announced that Mike Abramsky, a seasoned technology and capital markets executive, will join the company as Chief Technology Officer.

Prior to joining Altus Group, Mike held senior operational roles at several well-known companies, including software maker, Delrina Corp, and Rogers Communications. For the past 10 years, Mike has been a top-ranked Wall Street technology equity analyst for RBC Capital Markets (Managing Director), broadly recognized for his insights into key trends in software and services, covering Apple and Open Text, among others.

Reporting to CEO Bob Courteau, Mike will play a key role in helping shape Altus Group's new service initiatives, product roadmaps and strategic plans to drive future growth. His mandate will also include better alignment of the technology strategy across the business. Leveraging his capital markets experience, as a key member of Altus' corporate team, Mike will also provide insight on M&A and Investor Relations activities. Mike holds a Bachelor and Master of Science in Engineering from MIT (Boston), and an MBA from Harvard.

"Mike brings a unique blend of technology and business expertise to Altus Group and we are very excited to have him as a part of our team," said Bob Courteau, CEO, Altus Group. "His breadth of expertise in strategic positioning, software development, and its targeted delivery, will help advance our objective of combining our consulting, solutions and data to become a global powerhouse to the real estate industry."

"I'm delighted to be joining Altus Group," said Mike Abramsky. "With the evolution of global markets, commercial real estate has become a hugely important asset class to the influential stakeholders we advise - developers, investors, banks and property managers who are demanding the best possible business decisions to maximize value. With its blend of offerings, I see Altus Group as extremely well-positioned to take advantage of incredible opportunity."

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.

Contacts:
Altus Group Limited
Sayla Nordin
VP, Investor Relations and Corporate Communications
(416) 557-0939
www.altusgrouplimited.com

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