| iseemedia Press Release |
iseemedia Inc.’s subsidiary RealBiz360.com Inc. continues to build momentum in the US Real Estate Market with the addition of Coldwell Banker South Central Realty, a Realogy network member.Toronto, ON., Canada – May 9th 2007:– iseemedia Inc. (TSX-VENTURE: IEE), the market leader and innovator in dynamic imaging and Virtual Tour software and the only provider of High Definition Virtual Tours™, announced today that its real estate subsidiary, RealBiz360 Inc., has completed an agreement with Coldwell Banker South Central Realty based in Indiana to provide its High Definition Virtual Tour Marketing System exclusively to its Real Estate professionals based in the Columbus, Seymour, Greenwood and Bartholomew County areas of Indiana. “This new partnership represents a significant entry into the Realogy franchise network in the mid-west and confirms the benefits and advantages of our preferred vendor status with Realogy. We believe this is the beginning of a number of similar opportunities that are under negotiation with other Realogy brokerages and it continues to validate our growing acceptance in the US real estate market and the great potential to monetize our virtual tour technology,” said Anthony DeCristofaro, President and CEO of iseemedia Inc. “RealBiz360 won out against the competition that we assessed,” said Lonn Stuckwish, owner of the Coldwell Banker South Central Realty. “Given our recent merger with Coldwell Banker’s Greenwood, Indiana office and our rapidly growing organization we wanted to partner with a single virtual tour provider that offered the best quality and the easiest solution for our Agents. The unique High Definition Virtual Tour solution offered by RealBiz360 along with the Kodak V705 “in-camera” photo stitching solution makes it much easier for our Agents to provide virtual tours for all their properties. Consumers today, want to see properties on the web in as much detail as possible. The RealBiz360 Virtual Tour solution does this the best.” The company also announces that it granted an aggregate of 40,000 share purchase options to directors with an exercise price of $0.59 and expiry date of February 21, 2012 and 60,000 share purchase options to directors with an exercise price of $0.74 and expiry date of April 13, 2012. About iseemedia About RealBiz360 Inc. About Coldwell Banker South Central Realty iseemedia|RealBiz360 Contacts: Coldwell Banker South Central Realty Contact: This news release may contain forward-looking statements, which are not historical facts, but are based on certain assumptions and reflect the company’s current information and expectations. The forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The company disclaims any intention or obligation to update or revise forward-looking statements. Investors should not place undue reliance on forward-looking statements as a prediction of actual events. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release. |