Business
OneMove Records Best Quarter Ever with Revenue of $571,000
OneMove Records Best Quarter Ever with Revenue of $571,000
About this update from Osisko Metals Incorporated
[{"type":"text","content":"\nOneMove Records Best Quarter Ever with Revenue of $571,000\n\n\n Oct. 7, 2009 (Baystreet.ca) -- Vancouver, BC, -- OneMove Technologies Inc. (“OneMove” or the “Company”) (TSX-V: OM), a provider of a leading web-based real estate transaction platform and the creator of the largest network of conveyancing professionals in British Columbia, announced today that revenue for the first quarter, fiscal 2010, was the highest ever recorded. It also reports that after a year of planning, development and quality assurance testing, econveyance was retired on October 4, 2009 with all users now migrated to the completely rewritten and newly released software platform, econveyancePro.\n\nTotal revenue for September was $179,732 which was $40,923 or 29% higher than September of 2008. Total revenue for the first quarter of 2010 was $571,238 which was $83,454 or 17% higher than the previous quarter of $487,784 and $127,224 or 29% higher than the first quarter of fiscal 2009. \n\n“The change in our software platform represents a dramatic shift in the technology from what the company pioneered 5 years ago to what we believe will propel future expansion and growth for the next 5 years,” states Parminder Virk, CTO.\n\n “The transition has been an enormous undertaking that involved every department and employee of the Company for the past year. Training and moving over 340 firms during record sale periods, while continuing to bring new users to econveyancePro, proves that OneMove is capable of continued growth” states Martin Johnson President and CEO, “The Company no longer has to support and maintain two parallel systems and can now refocus its attention on recruiting new clients with the new fall marketing campaign coined “The 60 Day Pro Challenge”. The Company is so confident of winning over new users that after 60 days of using the system if a firm doesn’t believe that econveyancePro allows them to process their conveyance files in the fastest and most efficient manner, the Company will reimburse all associated charges in full.”\n\n“Since the BC real estate industry has seen dramatic growth over the past six months, our objective is to mitigate historical seasonality fluctuations through an expansion in our user base and share of the overall market,&...