NEW YORK - February 1, 2012- International Land Systems (ILS),
Inc. today announced it will transition, effective immediately, to
the Thomson Reuters brand name. Thomson Reuters acquired ILS in
July of 2011.
ILS offers integrated web-based solutions that enable government
clients to provide better governance, enhance revenues and
transparency, plan for food security and better manage natural
resources. The company works directly with governments at all
levels - local, regional and national - and also with international
bilateral and multilateral donor agencies.
Following its acquisition, ILS became part of the Tax &
Accounting business unit of Thomson Reuters and its new government
segment. The ILS division is dedicated to serving organizations
around the world within this newly formed segment.
"The decision to transition the ILS name to the Thomson Reuters
brand is strategic from a global standpoint," said Bill McKinzie,
senior vice president and general manager of the government sector
for the Tax & Accounting business of Thomson Reuters. "Although
both companies enjoy a solid reputation and are widely respected
among international communities, the Thomson Reuters name and its
global network of 55,000 employees and offices in 100 countries
around the world offers ILS even greater access and support. This
is another step forward in the process of strengthening our
position as a global leader in integrated land administration
software and services. We recognize that identification,
documentation, and assessment of property and land rights are
necessary for governments to grow and we are excited to be able to
offer these services to all of our customers under a single
brand."
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent
information for governments, businesses, and professionals,
combining industry expertise with innovative technology to deliver
critical information to leading decision makers. Our integrated
Government Revenue Management (GRM) suite offers end-to-end
software with services to ensure revenue through land and property
tax administration. Meeting the needs of emerging economies,
OpenTitle™ is a low-cost registry and cadastre tool with an
all-inclusive approach to collecting, documenting, and recording
the documentary and geographic information relating to property
rights.
