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LPS Real Estate Group Licenses Maponics Neighborhood and ZIP Code Boundary Data for its Platforms


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LPS Real Estate Group Licenses Maponics Neighborhood and ZIP Code Boundary Data for its Platforms

NORWICH, Vt. (February 16, 2010) – Maponics announced today that the Real Estate Division of Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, has chosen Maponics for the boundary data required to enable local searching of its property databases. Through this agreement, all ZIP Code and neighborhood-based searches, maps and analytics provided through LPS Real Estate Group’s desktop and web-based information distribution networks will use Maponics neighborhood and ZIP Code boundary data definitions.

“We’re excited about this new partnership with Maponics, because it helps our users pull accurate, community-level information from our database of millions of properties nationwide,” said John Hensley, Chief Product and Technology Officer for LPS Real Estate Group. “Choosing the best local map data provider was important to us, because real estate professionals know their neighborhoods like the back of their hand.”

“LPS Real Estate Group is a central player in the real estate industry and Maponics is very proud to be its partner,” said Darrin Clement, Chief Executive Officer of Maponics. “Our commitment to quarterly updates and the continual expansion of features accompanying each of our datasets have made us the top provider of local map data to the real estate industry.”

About Lender Processing Services

LPS is a leading provider of integrated technology and services to the mortgage and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, workflow automation (Desktop) portfolio retention and default, augmented by the company’s award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages by dollar volume are serviced using LPS’ Mortgage Servicing Package (MSP). In fact, many of the nation's top servicers rely on MSP, including 8 of the top 10 and 14 of the top 20. LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, please visit www.lpsvcs.com.

The LPS Real Estate Group has relationships with more than 300 MLS organizations, 250 broker companies, settlement services companies, and more than 350,000 real estate professionals. The technology applications include innovative tools such as Paragon; the reInsight collection; rDesk® Broker & Agent Suite of products; TransactionPoint®; DocCentral; Cyberhomes; the Real Estate & Living Media Network that generates revenue for its publishers; as well as a robust real estate property and tax database that includes 285 million residential and commercial property, ownership, sales, assessment and mortgage records. This represents detailed information on at least 92 percent of U.S. property ownership records in more than 2,000 counties with over 648,000 new ownership records added monthly. To learn more, visit www.lpsreg.com.

About Maponics

Maponics specializes in location-based data and information for businesses, including neighborhood, carrier route and ZIP Code boundary data. Local search, real estate, mobile, social media and marketing firms rely on Maponics to power ultra-local interactive search, mapping, and ad targeting platforms, including Google ®, Trulia ®, Citysearch ®, Yellow Book USA ®, infoUSA ® , D&B, Dominion Enterprises ® (eNeighborhoods ®, Homes.com ® and ForRent.com ®), AccuData ®, Zvents ®, HelloMetro, CitySquares ®, Loopt ®, Monster.com ®, Zillow ®, Lowe’s ® and many others. The Maponics Online Store, powered by Maponics data, is the only place USPS.com refers to for postal maps. The company is located in Norwich, Vermont. Additional information can be found at http://www.maponics.com

Maponics and/or other noted Maponics related products contained herein are registered trademarks or trademarks of Maponics, LLC. All other registered and unregistered trademarks herein are the sole property of their respective owners. © 2010 Maponics, LLC. All rights reserved.




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