WASHINGTON, Aug. 21, 2012 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP) today announced that the company has been named an honoree in the Washington Business Journal's list of Greater Washington's Healthiest Employers for 2012.
"We are extremely proud of the measures we have taken to create a health-oriented workplace for our employees," said CoStar Group Founder and CEO Andrew C. Florance. "To be recognized among such elite companies in the Washington area for our commitment to employee wellness further validates the choices we make every day to encourage a healthy working environment."
Following a rigorous application process, CoStar joins large Washington-area companies such as Deltek Inc. and The Advisory Board Co. in the category for companies with 1,000 – 4,999 employees. CoStar's commitment to employee wellness is significant, with a holistic approach that takes employees' physical, mental and financial well-being into account. The Company offers numerous health and wellness benefits to employees at its District headquarters, including a top-rated healthcare plan; on-site yoga classes; an assortment of nutritious snacks and drinks, including organic oatmeal, fresh fruit, granola bars, organic skim milk and pure apple juice; a full-service, on-site fitness center; and regularly-scheduled wellness seminars on topics ranging from stress management to financial well-being.
Now in its second year, the Greater Washington's Healthiest Employers award honors companies with policies and initiatives promoting the health and well-being of their employees. Companies are selected based on the results of a comprehensive survey conducted by Healthiest Employers. The survey was developed by a committee including representatives from the healthcare, wellness, academic and business communities.
A final list of the top 50 Healthiest Employers in the region will be announced during an awards luncheon on September 20, 2012 at the Grand Hyatt Washington.
About CoStar Group, Inc.
CoStar Group (Nasdaq:CSGP) is commercial real estate's leading provider of information, analytics and marketing services. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. Through LoopNet, the Company operates the most heavily trafficked commercial real estate marketplace online with more than 6.1 million registered members and 3.6 million unique monthly visitors. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe including the industry's largest professional research organization. For more information, visit www.costar.com.
This news release includes "forward-looking statements" including, without limitation, statements regarding CoStar's plans, objectives, expectations, beliefs, intentions or strategies regarding the future. These statements are based upon the current beliefs and expectations of management of CoStar and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. More information about potential factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, those stated in CoStar's filings from time to time with the Securities and Exchange Commission, including CoStar's Form 10-K for the year ended December 31, 2011, and CoStar's Form 10-Q for the quarter ended June 30, 2012, under the heading "Risk Factors." All forward-looking statements are based on information available to CoStar on the date hereof, and CoStar does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.