Reis, Inc. to Announce First Quarter 2012 Results on Thursday, May 3, 2012

Published on Tuesday, 01 May 2012 11:37 Written by TradersHuddle Staff

NEW YORK, May 1, 2012 (GLOBE NEWSWIRE) -- Reis, Inc. (Nasdaq:REIS) ("Reis" or the "Company"), a leading provider of commercial real estate market information and analytical tools, announced that it will release its first quarter 2012 results on the morning of Thursday, May 3, 2012. The complete release will also be available directly at either of the following web pages:

http://www.reis.com/investors

http://www.reis.com/pressreleases

The Company will host a conference call. This call is for the benefit of existing and prospective stockholders, stock analysts, and other interested parties to discuss the first quarter results and other matters.

A replay of the conference call will be available from shortly after the conference call through midnight (ET) on May 17, 2012 by dialing (800) 585-8367 from inside the United States or Canada or (404) 537-3406 from outside the United States and Canada, and referring to the conference ID: 76380277. An audio webcast of the conference call will also be available on Reis's website at http://www.reis.com/events and will remain on the website for a period of time following the call.

About Reis

The Company's primary business is providing commercial real estate market information and analytical tools for its subscribers, through its Reis Services subsidiary. Reis Services, including its predecessors, was founded in 1980. Reis maintains a proprietary database containing detailed information on commercial properties in metropolitan markets and neighborhoods throughout the U.S. The database contains information on apartment, office, retail, warehouse/distribution and flex/research & development properties and is used by real estate investors, lenders and other professionals to make informed buying, selling and financing decisions. In addition, Reis data is used by debt and equity investors to assess, quantify and manage the risks of default and loss associated with individual mortgages, properties, portfolios and real estate backed securities. Reis currently provides its information services to many of the nation's leading lending institutions, equity investors, brokers and appraisers.

Reis, through its flagship institutional product, Reis SE, and through its new small business product, ReisReports, provides online access to a proprietary database of commercial real estate information and analytical tools designed to facilitate debt and equity transactions as well as ongoing evaluations. Depending on the product, users have access to trend and forecast analysis at metropolitan and neighborhood levels throughout the U.S. and/or detailed building-specific information such as rents, vacancy rates, lease terms, property sales, new construction listings and property valuation estimates. Reis's products are designed to meet the demand for timely and accurate information to support the decision-making of property owners, developers, builders, banks and non-bank lenders, and equity investors. These real estate professionals require access to timely information on both the performance and pricing of assets, including detailed data on market transactions, supply, absorption, rents and sale prices. This information is critical to all aspects of valuing assets and financing their acquisition, development and construction.

For more information regarding Reis's products and services, visit www.reis.com and www.ReisReports.com.

The Reis, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7189

CONTACT: Mark P. Cantaluppi
         Vice President, Chief Financial Officer
         Reis, Inc.
         (212) 921-1122