MDA DataQuick Partners with Digital Map Products for Mapping Real Estate Data

Advanced geospatial technology allows mapping of nationwide real estate information

SAN DIEGO — (BUSINESS WIRE) — May 18, 2010MDA DataQuick®, a division of MDA Lending Solutions and the nation’s largest independent provider of property data to real estate and mortgage professionals, announced a multi-year agreement with Digital Map Products (DMP) to combine DMP’s geospatial mapping technology and DataQuick’s real estate data.

“Partnering with DMP will help our customers better visualize the rich real estate data we provide to them by combining data and mapping,” said John Walsh, president of MDA DataQuick. “With DataQuick’s caliber of quality data coupled with Digital Map Products’ advanced geospatial technology, we will be able to equip our customers to make better informed business decisions.”

MDA DataQuick PropertyFinder® 2G gives real estate professionals access to a nationwide database of detailed property and ownership information, which includes property profiles, property history, demographic information and nearby schools and businesses. DMP makes its mapping technology available through its development platform, SpatialStream™. SpatialStream offers access to comprehensive mapping technology, key data sets and precision geocoding services, so companies can spatially enable their data and applications.

Real estate professionals working with MDA DataQuick and DMP are now able to visualize data through a combination of neighborhood-level property history and information and geospatial technology coverage for metropolitan statistical areas across the United States.

“We see our partnership with MDA DataQuick as the ideal combination of advanced information solutions and innovative mapping technologies,” says DMP CEO, Jim Skurzynski. “With our spatial platform, MDA DataQuick can capitalize on spatial technology and advance their offerings without needing to be GIS experts. Both our companies contribute what we do best and the result is a more powerful and intuitive way to access and analyze data.”

“Our partnership empowers the real estate professional,” said Walsh. “Being able to absorb data visually aids comprehension and analysis and ultimately helps real estate professionals reduce risk. By integrating our data with DMP’s spatial technology we are providing the ultimate resource for anyone working in the volatile contemporary real estate market.”

About Digital Map Products

Digital Map Products is a leading provider of Web-enabled spatial solutions that bring the power of spatial technology to mainstream business, government and consumer applications. SpatialStream™, the company’s SaaS spatial platform, enables the rapid development of spatial applications. Its ParcelStream™ Web service is powering national real estate websites with millions of hits per hour. LandVision™ and CityGIS™ are embedded GIS solutions for real estate and local government. To learn more, visit http://www.digitalmapproducts.com.

About MDA Lending Solutions

Wilmington, Del.-based MDA Lending Solutions provides advanced information solutions that can improve the decision-making and operational performance of customers by reducing the time, cost and risks involved in real estate transactions. The company offerings include MDA DataQuick®, MDA MindBox® and traditional settlement services, such as collateral valuation, title and property search, flood compliance, residential credit and closing/settlement products. For more information, visit http://www.mdasolutions.com/ or call (888) 299-8787.

MDA DataQuick® offers a wide range of information including property history and characteristics, sales and loan information, market valuation and neighborhood information. For more information, visit http://www.dataquick.com/ or call (888) 604-DATA.

MDA MindBox® is a leading provider of advanced decisioning solutions featuring automated rules-based decision technology that optimizes customer interactions and streamlines back-end workflow and business operations for the mortgage lending community. For more information, visit http://www.mindbox.com/ or call (877) 650-MIND.



Contact:

For MDA DataQuick
Elizabeth McMillan, APR, 678-781-7224
or
For Digital Map Products
Mary Jo Draper, 816-753-4429




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