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News release

Chicago

Jones Lang LaSalle’s Innovative Orion Tool Earns SRC Analytics’ Award for Best Practices, Geographic Business Intelligence

Orion Provides Leading-Edge Analytical Labor Force and Site Selection Information


CHICAGO, April 20, 2009 — Jones Lang LaSalle, the leading integrated financial and professional services firm specializing in real estate, announced that Orion, its leading-edge geographic business intelligenceÔ platform, earned the SRC Client and Partner Award for Best Practices, Geographic Business Intelligence.  SRC, LLC, the leading provider of Geographic Business Intelligence technology, recently presented the award at its Extend 2009 global customer and partner conference in Broomfield, CO. Orion was recognized for its superior and seamless, automated site-selection and advanced labor force modeling process within SRC’s Alteryxâ to serve clients worldwide.
 
“Jones Lang LaSalle created Orion to help our clients develop a proactive location strategy based on current and predictive cost factors, labor force dynamics, business friendliness and operating environment considerations,” explained Jessica Hayden, Senior Vice President of Jones Lang LaSalle.
 
“Orion integrates client-specific data points and adjusts factor weightings for each location, ultimately creating a ranking of the best locations,” added Dr. Wayne Gearey, Vice President of Global Location Solutions at Jones Lang LaSalle.
 
Orion helps identify:
 
• If the client can achieve savings by consolidating operations;
• The qualitative/quantitative trade-offs between potential locations;
• The potential level of risk a market presents;
• The future durability of a location’s workforce;
• The quantity and quality of labor in specific markets or sub-markets; and
• The potential for negotiated incentives.
 
Named after a mythological hunter, Orion covers 361 major metro areas in the country and provides information on such variables as cost of living, availability of labor, sustainability of labor, geographical skill levels and crime.  The program also provides statistical projections for two, five, 10 or more years down the road. 
 
"Jones Lang LaSalle has done amazing work with SRC’s geographic business intelligence technology, and we are proud to recognize their efforts," said Dean Stoecker, SRC chief executive officer. "Their innovation will help companies everywhere make the smartest use of information insights to cut costs and maximize revenue during this challenging economy."
The SRC Client and Partner Awards are given annually to the organizations that have most effectively deployed SRC technologies into their business practices or have demonstrated expertise to help SRC continue to provide the best solutions to its customers.
 
To find out how Orion can help you strategically analyze your location decisions, please contact Ms. Hayden (jessica.hayden@am.jll.com – 312/228-2744) or Dr. Gearey (wayne.gearey@am.jll.com - 972/361-5092).
 
About SRC
 
SRC software and solutions enable fact-based decision-making by delivering comprehensive data access and analysis with unparalleled performance. SRC's geographic business intelligence software serves Fortune 500 companies and more than 240,000 users worldwide, delivering specialized consumer and market insight and seamlessly scaling between local, regional and global markets via desktop applications or over the Web. For more information, contact SRC at 888.836.4274 or visit www.ExtendTheReach.com.
 
Geographic Business Intelligence is a trademark of SRC, LLC. Other products named herein may be trademarks of their respective manufacturers and are hereby recognized.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $46 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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