January 31 2009

22.01.2010 - Important Announcement from MRI Software

Press Release from MRI Software...........

Last week Vista Equity Partners, a leading enterprise software private equity firm, completed the purchase of Intuit Real Estate Solutions. As a result of this transaction, we have taken this opportunity to reclaim the original name of our company along with the pride and recognition that accompanies it. IRES will now be known as MRI Software, LLC (MRI).

As a company we have a long and storied history, and today we begin a new and exciting chapter for the future. We want to reinforce the commitment MRI has to you, our client, to continue to provide a superior customer experience while delivering innovative technology solutions that enable you to successfully manage and optimize your business.

As is often the case when a company evolves, we will be experiencing changes in our senior leadership team. Jeff Thompson has chosen to pursue other career opportunities. In addition, Kelly Greene, Director of Client Services, and Tim Gallagher, Director of Finance, have decided to pursue opportunities outside of MRI.

The MRI team will be led by its new Chief Executive Officer, David Post. David brings with him not only a proven leadership record, but extensive experience in all aspects of the technology industry. David will be transitioning into his role as CEO during the month of February. In addition, Bill Roselli has joined the MRI leadership team as Chief Financial Officer effective immediately. Bill has an extensive finance background in the enterprise software space, and we are pleased to have an individual with his experience and knowledge on the leadership team.

Shane Trigg, Vice President of Sales and Marketing, Pat Ghilani, Vice President of Global Professional Services, Zhen Tao, Chief Technology Officer, and Stephen Wilson, Managing Director, APAC will continue in their existing leadership roles reporting to David.

We look forward to sharing with you our passion, integrity and commitment to excellence. The MRI team wants to thank you for your partnership and support as we build the MRI of the future.

Welcome to MRI Software!

If you have any queries about the change, please don't hesitate to contact us at info@locisolutions.com