1. Organization and Business Reis, Inc. is a Maryland corporation. When we refer to Reis or the Company, we are referring to Reis, Inc. and its consolidated subsidiaries.The Company provides commercial real estate market information and analytical tools to real estate professionals, through its Reis Services subsidiary. For disclosure and financial reporting purposes, this business is referred to as the Reis Services segment. Reis Services 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, flex/research &amp; development, self storage, seniors housing, student housing and affordable housing 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 nations leading lending institutions, equity investors, brokers and appraisers. The Companys product portfolio features: Reis SE , its flagship delivery platform aimed at larger and mid-sized enterprises; ReisReports , aimed at prosumers and smaller enterprises; Reis Portfolio CRE and other portfolio support products and services , aimed primarily at risk managers and credit administrators at banks and non-bank lending institutions. It is through these products that Reis 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 asset and portfolio evaluations. Depending on the product or level of entitlement, users have access to marke