Stewart Merges Technology Subsidiaries

Houston — Stewart Information Services Corp. plans to merge its two related technology subsidiaries, Stewart Transaction Solutions and PropertyInfo Corp. Stewart expects the merger to be completed by Jan. 1, 2008.

The combined entity, PropertyInfo Corp., a Stewart company, will intensify its focus on developing, selling, deploying and supporting Stewart title production technologies for independent title agencies and affiliates as well as real estate information and transaction management for internal and external markets including the title industry real estate professionals, builders, developers, lenders and consumers.

Houston-based Stewart previously brought together in PropertyInfo Corp. the real estate information subsidiaries REIData Inc., First Data Systems and Ultima Corp. in January 2007. The reorganization will add to the same entity product development, sales, training and support expertise of Stewart Transaction Solutions.

Source: Stewart Information Services Corp.