ISO has acquired Atmospheric and Environmental Research, Inc. (AER), an environmental and scientific research and predictive modeling company.

Climate change and its impact on economic growth and stability is an emergent risk factor in the 21st century. AER provides solutions for sensing, simulating, modeling, and predicting weather-related phenomena in the atmosphere, ocean, and space. AER provides its services to federal agencies, including the Department of Defense, the National Aeronautics and Space Administration, and the National Oceanic and Atmospheric Administration, to enable high-priority, mission-critical programs.

AER has leveraged proprietary partnerships and technologies developed over three decades to create and refine advanced computer models, analysis tools, and databases that provide enhanced understanding of and predictions about the atmosphere, ocean, and climate. AER will complement ISO's AIR Worldwide Corporation (AIR) subsidiary, which offers analytical tools and software systems to help customers estimate and manage the risks associated with natural and man-made catastrophes, weather, and climate.

"The acquisition of AER further supports our objective to expand ISO's reach in the energy, financial, and government markets and enhances our ability to measure and assess the impact of climate change on insured risks," says Frank J. Coyne, ISO's chairman, president, and chief executive officer. "AER's scientific expertise, coupled with AIR's advanced risk modeling solutions, offers a unique opportunity to produce new products for environmental modeling and prediction."

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