Business
OneMove(TM) Grows Market Share to 60 Percent of Firms Using Conveyance Software in British Columbia
- Company Adds 34 Legal and Notary Firms to Econveyance(TM) Platform - VANCOUVER, Jan. 21 /CNW/ -...
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[{"type":"text","content":"\n\n\n\n- Company Adds 34 Legal and Notary Firms to Econveyance(TM) Platform -\n\n\nVANCOUVER, Jan. 21 /CNW/ - OneMove Technologies Inc. ("OneMove" or the\n"Company") (TSX-V: OM), a leading web-based real estate transaction platform,\nannounced today that during the three-month period ended December 31, 2008,\nthe Company added 34 British Columbia-based legal and notary firms to its\neconveyance platform. OneMove now serves a total of 301 law and notary firms,\nup 50% compared to December 31, 2007.\n\n\n"A key focus for fiscal 2009 is expanding our user base," said Martin\nJohnson, President and CEO, OneMove. "With the addition of these new firms, we\nnow have approximately 1,300 lawyers and notaries processing transactions\nthrough our econveyance platform, up from 524 a year ago. As a result, we are\npoised to realize continued revenue growth, even in the face of a slower real\nestate market."\n\n\nOneMove also announced that it recovered a (pnds stlg)54,638\n(approximately CDN$96,300) security deposit that the Company provided on\nbehalf of its former U.K. subsidiary to secure an equipment lease. OneMove's\ndivestiture of its U.K. subsidiary, coupled with the termination of the lease\nagreement led to the return of the funds.\n\n\n"This further strengthens our cash position and, in turn, provides us\nwith additional financial resources to support our growth," Mr. Johnson added.\n\n\nAbout OneMove Technologies Inc.\n\n\nOneMove Technologies Inc. (TSX-V: OM) is a real estate transaction\nplatform. Through econveyance(TM), a leading edge web-based conveyancing\nsoftware solution, OneMove(TM) simplifies and expedites the process of buying\nand selling real estate in British Columbia, Canada. Econveyance links all\nparticipants in the property transfer process, offering a secure and efficient\nmeans of seamlessly completing and monitoring the transaction online.\nAdditional information about OneMove can be found at www.onemovetech.com or\nwww.sedar.com.\n\n\nForward Looking Statements\n\n\nThis press release contains certain "forward looking statements." These\nstatements relate to future events or future performance and reflect\nexpectations and belief regarding growth, results of operations, performance,\nbusiness prospects, opportunities or industry performance and tre...