Inspectech Acquires Chicago-based Home Inspection Company

October 23, 2002

ATLANTA, /PRNewswire-FirstCall/ -- Inspectech, a division of LandAmerica Financial Group, Inc. (NYSE: LFG - News), announced the acquisition of Dunsing Consultants, Inc., a leading Chicago-based home inspection firm.

Inspectech, headquartered in Atlanta, Georgia, is the nation's second largest home inspection company providing commercial and residential inspections throughout Northern and Southern California, New Jersey, Florida, Georgia, and now Illinois.

"We are excited to secure a strong foothold in one of the country's largest, high-growth markets," said Revell Fraser, who heads the inspection business for LandAmerica Financial Group. "Established in 1992, Dunsing Consultants has earned a solid reputation for delivering real value and service to both real-estate professionals and home buyers in the Chicago area."

James (Jamie) Dunsing has been named Illinois Market Executive for the company and will assist in executing Inspectech expansion plans in Illinois and bordering Wisconsin. "Inspectech and their parent company LandAmerica are making significant investments in the inspection industry that will ultimately benefit everyone involved in a real-estate transaction," said Dunsing. "Their commitment to adding real value through technology and the professional development of inspectors will be a strong competitive advantage."

Inspectech specializes in providing a professional approach to the home inspection process -- including dedicated customer service, professional development for its workforce, and a sophisticated technology platform that helps both consumers and real estate agents navigate through all the home condition aspects of a real estate transaction. The company is the largest single provider of home inspection services in California, Florida, and Georgia and has significant operations in New Jersey and Illinois.

Source: LandAmerica Financial Group, Inc.

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