Stewart Geo Technologies formed from Landata Airborne Systems, Landata Geo Services

February 3, 2003

New company also acquires the assets of GlobeXplorer Inc.­ an Internet provider of satellite images and aerial photography

HOUSTON­ Landata Group Inc, has merged two operating entities to form Stewart Geo Technologies, a multifaceted international provider of geospatial solutions with product lines in mapping services, geographic information systems (GIS) application development, GIS consulting, and Internet data integration and publication.

Stewart Geo Technologies also has acquired the assets of GlobeXplorer Inc., a leading provider of satellite images and aerial photography via the Internet.

³By forming Stewart Geo Technologies and adding the advanced Internet capabilities of GlobeXplorer, we have a technology and systems platform designed to deliver on our vision of an Internet accessible real estate information portal ­ a single Internet site where the real estate professional and consumer can access a wide variety of critical real estate information,² said Don O¹Neill, group president for Stewart real estate information (REI). ³By improving our operational efficiency and making these tools available we help fulfill the broader vision of Stewart to enhance the real estate transaction process.²

³We are very pleased with the caliber and expertise of GlobeXplorer¹s management and staff. We will utilize GlobeXplorer¹s state-of-the-art warehousing and networking technology to provide more efficient Internet access to our real estate data sources, including title and public records information, flood hazard analysis and GIS solutions,² said Ebrahim.

³The integration of GlobeXplorer¹s content and technology with Stewart¹s services and leadership in the real estate information business will create an extremely powerful solution for anyone dealing with land-based transactions,² said Robert C. Shanks, GlobeXplorer president and chief executive officer. ³We are creating end-to-end real estate information services to provide better information to more customers, in an extremely cost-effective and timely manner.²

GlobeXplorer will retain its name and staff, and will remain headquartered in Walnut Creek, Calif.

Jill Urban-Karr, former president of Landata Geo Services, is the executive vice president of Stewart Geo Technologies and will remain at the company¹s location in San Antonio, Texas. Urban-Karr continues to play a pivotal role in ongoing international activities, including a project with IBM Romania to modernize public land records for the Romanian government. She also will continue to lead GIS consulting operations for the new entity.

More information about Stewart Geo Technologies can be found at http://www.stewartgeotech.com

Source: Stewart Geo Technologies


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