SANTA MONICA, Calif.--(BUSINESS WIRE)--Aug. 15, 2006--Accruent, Inc., the leading provider of real estate performance management solutions, announced today that it will team with MapInfo Corporation, the leading global provider of location intelligence solutions, to present a webinar entitled "Linking Strategy to Execution." Bart Waldeck, director of product marketing at Accruent and Mark Zygmontowicz, managing director of predictive analytics at MapInfo, will discuss how businesses can make faster, more informed real estate decisions to help them win "the race for space." The webinar will be broadcast at 11:00 a.m. PDT on August 30, 2006 and registration is available at: accruentevents.webex.com/accruentevents/.

"Retailers are under pressure to make faster, better real estate decisions but often lack the concise, comprehensive, and timely information to do the job," said Mark Friedman, CEO of Accruent. "Partnering with MapInfo's location intelligence solutions allows Accruent to offer our clients a proven way to optimize the market potential of their real estate assets and open profitable stores far more rapidly than in the past."

"Location is critical to any successful retail operation, but it is also important to integrate business and operations data into the selection process. Only then can a retailer make an optimal decision," said Mark Zygmontowicz at MapInfo. "Accruent's real estate performance management solutions, combined with MapInfo location intelligence, provide accurate information that create healthy real estate portfolios and accelerate store openings."

Webinar Details

During the '80s and '90's, retailers sought to improve performance through sophisticated POS, merchandising and supply chain solutions. In today's increasingly competitive and regulated marketplace, leaders are now turning to real estate performance management solutions in an effort to drive overall company performance by growing new and same-store sales, reducing occupancy and construction costs, and achieving regulatory compliance.

Mr. Waldeck and Mr. Zygmontowicz will demonstrate for webinar participants how they can better target market opportunities, make more informed real estate decisions, and close deals faster. Among other topics, they will address understanding market optimization, managing the broker community, and standardizing site due diligence activities.

In addition, they will discuss the benefits of implementing real estate performance management solutions, including:

-- Real estate portfolio optimization - Integrate new store development with lease renewal and store relocation and compare actual and pro-forma store performance

-- Effective location selection - Increase the number of potential locations analyzed and compare site alternatives faster than competitors

-- Accelerated store opening - Streamline site approvals and accelerate time to sales

To register for this webinar, visit: accruentevents.webex.com/accruentevents/

About MapInfo Corporation

MapInfo is a global company and the leading provider of location intelligence solutions, integrating software, data and services to provide greater value from location-based information and drive more insightful decisions for businesses and government organizations around the world. MapInfo solutions are available in 20 languages through a network of strategic partners and distribution channels in 60 countries. Headquartered in Troy, NY, MapInfo is on the World Wide Web at www.mapinfo.com.

About Accruent, Inc.

Founded in 1995, Accruent is leading the industry with a new generation of enterprise-class solutions designed to fully leverage Real Estate assets and decisions as a corporate advantage. The Accruent Real Estate Performance Management solutions optimize the impact that real estate locations -- stores, restaurants, bank branches, and corporate offices -- have on company performance by driving revenue growth, reducing costs and achieving financial compliance. Accruent's solutions are used by over 340 of the world's largest companies including 20% of the Fortune 500 and 40 of the Top 100 Retailers. For more information, please visit www.accruent.com.