CoStar Group Appoints Michael Glosserman to Audit Committee

BETHESDA, Md., July 25, 2008 (PRIME NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP), the number one provider of information/marketing services to the commercial real estate industry, today announced the appointment of Michael J. Glosserman by the Board of Directors to serve on CoStar's Audit Committee. As previously announced, Glosserman was elected to the Board of Directors at CoStar Group's 2008 Annual Stockholders Meeting held on June 10. Glosserman, 62, is a Managing Member of The JBG Companies, an active investor, owner and developer of commercial and residential real estate throughout the Washington, DC metropolitan area. He joined The JBG Companies in 1979 and has more than 35 years of experience in various aspects of real estate investment, development and ownership. He joins Warren H. Haber, Chairman and CEO of... [read full story]