- Another Milestone in National Expansion Strategy Funded by LoopNet -



    INDEPENDENCE, Mo., July 29 /EMWNews/ -- Xceligent, Inc. announced

today that it has successfully integrated its comprehensive research model

into the Madison Commercial Data Exchange (Madison CDX), with over 65 of

the top commercial real estate firms representing space for lease or sale

in the market already subscribed to the service.



    The Madison market launch is the most recent initiative by Xceligent in

its efforts to provide secondary and tertiary markets with a proactive

research solution, markets once ignored by other researched data providers.

Xceligent's product offering includes for-sale and for-lease

availabilities, historical trending, sales comparables and tenant

information, all delivered via innovative technology which provides

comprehensive search tools, building photographs, sophisticated mapping and

presentation-quality reporting.



    Doug Curry, CEO of Xceligent, commented, "We are excited at the level

of participation which again highlights the industry's choice to adopt a

fully researched solution, delivered at a price point affordable for all

commercial real estate professionals. Due to the wide adoption of

Xceligent's solution, our offering has become the choice for firms that

need professional-quality market data, and which also need to work with

their peers in a collaborative exchange."



    The Madison Commercial Data Exchange is currently tracking over 3,300

properties encompassing over 90 million square feet of total space, with

current availabilities of over 10 million square feet. This inventory is

further enhanced by the participation of a local governing council

comprised of the top 35 "Founding" firms in the market. These firms, with

the help of top commercial real estate brokers, meet quarterly to ensure

that vacancy and absorption reporting is the most accurate ever made

available for the Madison region.



    Craig Stanley, Executive Vice President from Siegel-Gallagher Madison

office, said, "After relying on the other national vendor for a year, our

firm believes that Xceligent's approach of proactive research coupled with

local governance has the best chance to succeed for this market."



    Blake George, Principal, Lee & Associates, added, "With the group of

market leaders that have come together to validate each data set on the new

quarterly advisory boards, we are confident that our firms will be able to

present the best information to our clients."



    The deployment of the data exchange for Madison follows market launches

of Xceligent solutions in Oklahoma City and Albuquerque. Xceligent's

success in these diverse markets is a direct result of the strategic

alliance with LoopNet (Nasdaq: LOOP), the largest and most heavily

trafficked commercial real estate listing service online. LoopNet's

partnership with Xceligent provided the impetus for this national expansion

after Xceligent demonstrated it could deliver its comprehensive research

solution more cost-effectively than any alternative provider.



    "We are pleased at the progress Xceligent continues to make in

delivering timely and complete data to these markets," said Jason Greenman,

SVP, Corporate Development for LoopNet. "Once again, Xceligent has proven

that their efficient research model can succeed in unifying data in markets

with unique regional characteristics, while providing high-quality,

fully-researched data to their customers at a reasonable price."

    About Xceligent



    Xceligent, Inc. is a nationwide provider of property and listing

information for the commercial real estate industry. Xceligent utilizes an

efficient, research-focused model to bring critical business information

about property listings, sales comparables and tenant information to

commercial real estate professionals in markets of all sizes. The company

also offers a full suite of marketing tools to assist brokers and agents in

reaching an even wider audience. Xceligent works with local commercial real

estate communities to meet their individual needs while simultaneously

allowing them to reach a state-wide or national audience. Founded in 1999

and headquartered in Independence, MO, Xceligent provides services in 30+

markets across the country. Visit http://www.Xceligent.com for more

national information on Xceligent, or visit http://www.MadisonCDX.com for

local information about Madison commercial real estate. Xceligent is

committed to providing information that increases agent productivity and

profitability. Our pro- active approach guarantees an unsurpassed quality

of information for all members of the exchange.