Tuesday 26th February 2008
Quotable Value Ltd and RP Data Ltd Announce Joint Venture
Quotable Value Limited and RP Data Limited (ASX:RPX) today announced a joint venture, which will enable them to develop and deliver advanced property information solutions to their clients.
In announcing the joint venture, QV chief executive Bill Osborne emphasised the current global demand for more advanced financial and property information.
“The property and banking market will continue to change in the global internet economy and it is important that we are able to meet the changing needs of our customers.”
“The combination of both firms expertise provides leading edge technology solutions that surpass anything currently available in the New Zealand market.”
RP Data chief executive Graham Mirabito said the company was excited to have the opportunity to work with QV Limited.
“RP Data has been providing comprehensive information solutions to the Australian and New Zealand property industry since 1991. QV is the leading valuation and online property information provider in New Zealand and we see the joint venture, which includes the benefit of RP’s partner First American Core Logic, as delivering benefit to all our customers”
About Quotable Value
Quotable Value Limited (QV) is New Zealand's largest valuation and property information company. QV operates from 22 offices throughout New Zealand and with subsidiary companies operating in three states of Australia.
QV was formed in July 1998. The establishment of the company has led to three unique areas of operation: Valuations, Online Services and Rating and Taxation, each dedicated to meeting and exceeding the needs of customers in specific markets. For more information visit www.qv.co.nz.
About RP Data
Established in 1991, ASX-listed RP Data (ASX: RPX) is the largest supplier of property information services throughout Australia and New Zealand. RP Data’s Consumer site is the leading property reports site in Australia. RP Data provides property information services to over 8,000 real estate agencies in Australia and over 800 in New Zealand.
For more information visit www.rpdata.com.
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