Forest One, Inc., Merges with The Westervelt Company, Changes Name to Lanworth; To Continue GIS and RS Technology Services and Platforms

Jackson, MS --Forest One, a leading provider of land and real estate business intelligence services, has merged with Tuscaloosa, Alabama-based The Westervelt Company. The company has changed its name to Lanworth and will continue to operate as an independent company.

Forest One, founded in 2000 by Clark Love and Shailu Verma, has introduced many new technologies to the forest and land management industries and has been a pioneer in pushing the application of LIDAR to the Forestry Industry. Today, Forest One serves almost every major Forest Products company in the U.S., as well as the EPA, the U.S. Forest Service, Georgia Power Company, the World Bank Group, and numerous other clients in other industries. Since its founding, Forest One has grown from 3 employees to over 20 employees and has sustained significant top line and bottom line growth rate.
Forest One has offices in Jackson, Mississippi and Itasca, Illinois and as a result of the merger will be expanding to Tuscaloosa, Alabama. Love will continue as Vice President, Strategy and Sales, and Verma will continue as Vice President, Operations and Sales.

"We will continue developing products and services for the forest products segment, where we have deep technology and cultural roots,” said Love. “However, our services serve customers outside the forest industry – such as government, agriculture, real estate, electricity and gas, and transportation industries. We wanted to have a name which gives us the appeal to reach a broader land-based clientele."

Lanworth will continue offering services to the forest products, land management, agriculture, utility and real estate segments. The merger will enable Lanworth to continue developing new products and services for both existing and new clients. Lanworth's key areas for growth include new forestry and supply chain management technologies, proprietary landownership and real estate data, real estate higher and better use (HBU) analytical services, and crop production forecasting.

The Westervelt Company, a privately held organization of land stewards, owns and manages 500,000 acres of certified sustainable Southern yellow pine forests in the Southeast United States. Existing business units include natural resources, lumber production, real estate, outdoor recreation, and mitigation banking.

"Lanworth adds value to our portfolio by continuing to service its existing customer base, and by expanding its offerings to other constituents," said Alicia Cramer, Vice President, Business Development, for The Westervelt Company. "We're very excited about the merger and look forward to our mutual growth."
Visit www.lanworth.com and www.westervelt.com for information on both companies.

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Lanworth, Inc. provides information services and data analytic products which assist clients in making informed decisions. Lanworth specializes in extracting information using Remote Sensing, Geographic Information Systems, Economic Modeling and Software Development. Lanworth has a significant client list, including: Real Estate Investment Trusts, Privately Held Corporations, Fortune 500 companies, local, county, state and federal agencies. For more information on Lanworth, Inc., visit www.lanworth.com or email Email Contact.




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