Counselytics and MRI Join Forces to Automate Lease Abstraction and Eliminate

Data Entry

Counselytics and MRI have sealed a partnership deal to automate lease and real estate document
abstracts and eliminate data entry, seamlessly piping the data that powers the biggest CRE firms in
the world.

New York, NY, November 14, 2017 --(PR.com)-- Counselytics partners with MRI Software to provide
lease analytics for commercial real estate firms.

Counselytics, a leading contract discovery and analytics company, has entered into a partnership with
MRI Software, a global leader of real estate software solutions. Through this partnership, commercial real
estate organizations that use Counselytics and MRI Software can manage the entire lifecycle of the lease
abstraction process from data entry validation to revenue accounting. The solution gives users access to a
secure, standardized and mutually supported API framework, allowing for easy data transfer between
MRI and Counselytics.

Many forward-thinking commercial real estate firms have entrusted both MRI Software and
Counselytics with their most valuable leasing data, said Ammar Moiz, Chief Operating Officer for
Counselytics. With this new partnership, we are ensuring the fast and secure integration of this data
across both platforms. This integration will deliver value to our clients in two ways. First, by completely
eliminating the data entry function into the MRI system. Second, this integration will result in quicker
tenant account setups to avoid missed revenue and late billing cycles.

We're excited to add Counselytics to the MRI Partner Connect program, said Ben Berk, Director of
Partner Connect at MRI Software. MRI clients can access the Counselytics solution through our
extensive partner ecosystem and take advantage of enhanced leasing analytics and automation capabilities
to manage data more efficiently.

The Counselytics solution uses artificial intelligence to identify and collate key documents such as leases,
investment agreements and other relevant documents within the client's document infrastructure. Once
identified, Counselytics uses its proprietary machine learning solution to analyze and extract data points
from these documents such as key dates, rent roll, termination options, and much more. It includes
integrated machine learning models that can analyze a lease regardless of format with a high degree of
accuracy, which can increase the efficiency of a lease abstraction and provide huge cost savings. In
addition, through the use of its technology, Counselytics can abstract over one hundred leases in 24 hours
with unprecedented accuracy - a much quicker turnaround than other solutions in the marketplace.

With today's partnership announcement and key product enhancements, Counselytics delivers another
key component within its real estate solution, Lease IntelligenceTM. Although several technologies
purport to identify and tag terms within leases, Counselytics is the gold standard within the real estate
industry due to its ability to abstract all varieties and formats of leases with very high accuracy.
Counselytics works with leading CRE companies to deliver high value through this automation.

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About MRI
Software MRI Software is a leading provider of innovative real estate software applications and hosted
solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected
ecosystem meets the unique needs of real estate businesses—from property-level management and
accounting to investment modeling and analytics for the global commercial and residential markets. A
pioneer of the real estate software industry, MRI develops lasting client relationships based on nearly five
decades of expertise and insight. Through leading solutions and a rich partner ecosystem, MRI liberates
real estate companies to elevate their business and gain a competitive edge. For more information, please
visit www.mrisoftware.com.

About Counselytics
Counselytics is a leading contract discovery and analytics company founded in 2013. Counselytics uses
proprietary artificial intelligence technology, to extract data from contracts, bringing unprecedented
efficiency to contract management, due diligence and lease abstraction.

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Contact Information:
Counselytics
Ammar Moiz
1-800-266-1472
Contact via Email
www.counselytics.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/736192

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