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CoStar Group and Virtual Premise Sponsor CoreNet Global Junior Achievement Day in Atlanta

Second Annual Sponsorship of Local CoreNet Global Initiative Supports Atlanta Students (May 29, 2012)

ATLANTA, GA -- (Marketwire) -- 05/29/12 -- Virtual Premise, a leading provider of cloud-based real estate information management solutions, along with its parent company, CoStar Group, Inc. (NASDAQ: CSGP), announced their sponsorship of CoreNet Global Junior Achievement Day in Atlanta. Through a successful partnership between CoreNet Global and Junior Achievement of Georgia, the event was held at the Ronald McNair Learning Academy in Decatur, GA. This is the second consecutive year Virtual Premise has sponsored the event.

CoreNet Global recruited volunteers from the Atlanta Chapter membership who shared with students their unique professional and personal experiences that have contributed to their success in business and life. In addition to the sponsorship funding provided by CoStar, volunteers from Virtual Premise and CoStar staff based in Atlanta helped with classroom presentations.

"With the success of our first sponsorship of the Junior Achievement event in 2011, it was an easy decision to pitch in and support this worthwhile program again in 2012," said Jim Dooley, Senior Vice President of Sales and Marketing at Virtual Premise, who spearheaded the sponsorship coordination. "We are excited this year to have tripled the number of volunteers who graciously donated their time to interact with students. We focused on sharing our insights into some of the core values of CoStar and Virtual Premise -- dedication, integrity and team work."

CoStar has had a major presence in Atlanta since 1999 and currently has approximately 80 employees in its Atlanta offices. Virtual Premise, a CoStar company, is an annual gold sponsor of the Atlanta Chapter of CoreNet Global, the world's leading association for corporate real estate (CRE) and workplace professionals, service providers, and economic developers. In addition to Atlanta events, Virtual Premise participates in CoreNet's annual Global Summit in North America.

About Junior Achievement
Junior Achievement (JA) of Georgia is dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make educated academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences to students from kindergarten through high school. JA of Georgia offers multiple programs, including in-class programs, JAMS (JA Means Success), JA Job Shadow and JA Fellows, all of which focus on entrepreneurship, personal financial literacy and workforce readiness. During the 2011/2012 school year, JA of Georgia expects to impact more than 155,000 students statewide through six district offices located in Atlanta, Augusta, Columbus, Dalton, Gainesville and Savannah. For more information, visit

About CoreNet Global
CoreNet Global is the world's leading association for corporate real estate and workplace professionals, service providers and economic developers. Our 7,100 members, who include 70 percent of the top 100 U.S. companies and nearly half of the Global 2000, meet locally, globally and virtually to develop networks, share knowledge, learn and thrive professionally. For more information, visit

About Virtual Premise
Virtual Premise, Inc. is a leading provider of cloud-based real estate information management solutions for corporations, retailers, restaurants, landlords and commercial real estate service providers. With Virtual Premise, companies have a smart, easy way to collect, manage and report on complex real estate information from anywhere, at anytime. Virtual Premise technology solutions include strategy and analytics, portfolio management, lease management, lease administration, project management, transaction management, and document management. Virtual Premise also offers a wide range of supporting services to include lease abstracting, document management services, data validation, due diligence support, and best practices consulting. Virtual Premise is wholly owned by CoStar Group, Inc. (NASDAQ: CSGP). For more information, call 404-267-1781 or visit

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Debora Tucker
Virtual Premise, Inc.
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