PHOENIX — (BUSINESS WIRE) — September 19, 2011 — One of the Northern Ireland’s leading software firms, geopii, has this morning launched a significant addition to its spatialest® product suite. The announcement comes at the start of the two-day International Association of Assessing Officers’ (IAAO) conference in Phoenix, Arizona.

geopii’s spatialest® product is the only GIS-based assessment toolset on the market and with the release of the new spatialest 2 product it’s now faster and more cost-effective, in addition to boasting a wealth of new analytical functionalities and extensions.

Speaking following the announcement, geopii’s CEO, Ashley Moore said: “We’re delighted to launch spatialest 2 at this year’s IAAO conference. It’s one of the leading conferences of its kind and the ideal opportunity to showcase a product we consider to be a true market-leader in property assessment & valuation.

“Property tax assessment is a multi-billion dollar industry in the US and we have no doubt spatialest 2 will be a game-changer in how this industry operates going-forward. This new product is truly next generation. We’ve made it faster, with new functions but at a new, lower price. Not only that but it is unlike any other generic statistical or GIS software packages currently on the market in that it has been developed specifically for the property tax appraisal industry.

“We have already valued over 3.5m properties with a combined value exceeding $100bn. We expect spatialest 2 will help take us beyond this mark and make us the go-to software provider for the US Property Tax Appraisal industry.

“Finally, representatives from geopii will be in attendance at this week’s IAAO conference and we invite any individuals or organisations attending to talk to the geopii team about spatialest 2.”

Notes to Editors:

1. geopii is a Northern Ireland-based software firm offering solutions designed to assist with the management, assessment, evaluation and viability of land portfolios. In particular, Geopii focuses on land and property in distressed market conditions.

2. For further background and comment on geopii & spatialest 2 please visit: www.geopii.com/spatialest

3. For further background and information on the IAAO Conference please visit: http://www.iaao.org/events/AnnualConference.cfm

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