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CoStar Group's Legal Team Named "Outstanding Small Law Department" By Washington Metropolitan Area Corporate Counsel Association

WASHINGTON, Oct. 22, 2012 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP) today announced that The Washington Metropolitan Area Corporate Counsel Association (WMACCA) has named its legal team "Outstanding Small Law Department" in its 2012 Corporate Counsel Awards. General Counsel Jon Coleman was also a finalist for Outstanding Chief Legal Officer.

The awards honor the work of the region's leading in-house practitioners during the past year. Finalists were selected from a large pool of nominations submitted by the legal community-at-large in response to an open call for nominations. CoStar joins elite Washington-area companies such as Blackboard, Inc., AOL, Inc. and Choice Hotels International as a 2012 honoree.

"From navigating our acquisition of LoopNet to supporting our efforts to curb online piracy, our legal team has done tremendous work during the past year," stated CoStar Group Founder and CEO Andrew C. Florance. "We are extremely pleased to see the team recognized by their peers for the critical role they play in CoStar's operations and in the broader legal community."

The Corporate Counsel Awards were created in 2005 in celebration of WMACCA's 25th anniversary. In just eight years, the WMACCA Corporate Counsel Awards have become a well-recognized and sought-after honor for members of the in-house legal community in the District of Columbia, Commonwealth of Virginia and suburban Maryland. WMACCA announced the winners during its 8th Annual Corporate Counsel Awards Reception at The Ritz-Carlton Tysons Corner in McLean, Virginia. on October 18.

"The past year has been very successful for the team on many levels," said CoStar General Counsel Jon Coleman. "In addition to the business successes we've experienced during the past year, we have a talented and committed team that truly enjoys working together. This recognition from our peers through WMACCA is a wonderful way to end a great year."

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