EXCITING NEWS FROM THE PRESIDENT!

Over the past several months, Capital Planning Solutions Inc. (CPSI) has been involved in discussions with The Altus Group, a publically traded international real estate advisory firm about introducing, more formally, the practice of Capital Planning into their business environment.

“We are very excited about the synergies which Altus and CPSI expertise will have in supporting the strategic Capital Planning markets”, says Alan Gordon, President and CEO of CPSI. “As our existing infrastructure in the Western world deteriorates and our need for additional physical asset bases increases, Capital Planning is becoming the newest business practise being adopted by those assigned stewardship responsibilities for these assets, We anticipate that the combination of data, knowledge, methodology and technology from Altus and CPSI will provide infrastructure owners and managers with the most comprehensive Capital Planning business solution available in the marketplace.”

This is a great opportunity for both companies, but most importantly, existing CPSI and Altus Group clients, as we will be able to bring together integrated services for Capital Planning, Valuation and Tax relating to infrastructure and facilities throughout North America and Europe. A formal announcement indicating these intentions in this business restructuring is attached. This deal has been finalized effective November 1, 2008. If there are any questions, please feel free to contact Lisa Robbins, Director of Business & Marketing at 905 709 8302.

Click here to read the official press release from Altus Group.