Business
Another Revenue Record Following the Production Release of EconveyancePro (TM)
Another Revenue Record Following the Production Release of EconveyancePro (TM)
About this update from Osisko Metals Incorporated
[{"type":"text","content":"\nAnother Revenue Record Following the Production Release of EconveyancePro (TM)\n\n\n Aug. 24, 2009 (Baystreet.ca) -- Vancouver, BC, August 24, 2009 -- OneMove Technologies Inc. (“OneMove” or the “Company”) (TSX-V: OM), a provider of a leading web-based real estate transaction platform, announced today the accomplishment of two milestones for the month of August: the highest daily revenue record on August 19th following the production release of its newest software econveyancePro on August 14th. \n\"The production release of econveyancePro comes well ahead of schedule\", said Cathy Glatiotis, VP Product Management. \"Extremely positive feedback from our beta testers has allowed us to accelerate its introduction and start moving our users to the much talked about new platform.\" A combination of a robust real estate market and new customers has seen the Company’s transactional volumes continue to grow for the past seven months with new records being set monthly. August was no exception with revenue of $12,485 on 413 transactions breaking the previous one day record of $11,656 set in July.\nThe Company is also pleased to announce that TSX Venture exchange has accepted for filing the documentation with respect to the first tranche of a Non-Brokered Private Placement announced on June 10, 2009. The Company will issue 5,260,000 units at a price of $0.05 per unit for total proceeds of $263,000. Each unit will consist of one common share and one common share purchase warrant, exercisable at a price of $0.075 per share for the first year and $0.10 for the two subsequent years. The proceeds from the private placement will be used for general corporate purposes. The balance of the offering is expected to close on or before September 30, 2009, subject to regulatory approval.\nAbout OneMove Technologies Inc. \nOneMove Technologies Inc. (TSX-V:OM) offers a leading real estate transaction platform. Through econveyancePro™, its proprietary web-based conveyancing software solution, OneMove™ simplifies and expedites the process of buying and selling real estate in British Columbia, Canada. EconveyancePro links all participants in the property transfer process, offering a secure and efficient means of seamlessly completing the transaction online. Additional information about OneMove can be found a...