OneMove Technologies Inc (TSX.V: OM)
VANCOUVER, Feb. 22 /CNW/ - OneMove Technologies has joined forces with one of England's fastest growing real estate software providers to offer end-to-end services for as many as 300,000 house hunters.
The breakthrough agreement with WebSky Ltd., of London will create an advanced web-based technology giving real estate agents, house sellers and buyers, landlords and tenants the best possible administration system software available.
WebSky has a sophisticated software program to manage real estate offices. It currently services 600 real estate offices in England and Wales.
OneMove developed a software program that gives innovative and comprehensive service to frequently beleaguered homebuyers there.
The agreement sets out a three-year working relationship where OneMove can offer the WebSky's software to its growing network of realtors on a discounted basis. It provides OneMove exclusive access to provide conveyancing services to the 5,000 offers that are processed by WebSky each month along with the 300,000 plus house hunters and 25,000 listed properties that the British firm's software holds at any one time.
OneMove CEO Martin Johnson said, "Joining WebSky's state of the art administration software with our software will not only make the realtor's jobs easier, it will serve the needs of the consumer by helping them through the stressful process of buying a home in the UK."
Real estate transactions take an extraordinary amount of time to complete in England and Wales and many collapse. That leaves homebuyers footing bills for transaction fees, such as home inspections and other services.
OneMove's British subsidiary makes home buying simpler by removing the stress and providing buyers and sellers with all the services they will need, such as lawyers, mortgage lenders and furniture movers.
OneMove's software technology is called Move Management System. WebSky's software management is called Expert Agent (www.expertagent.co.uk).
Neil Patel, CEO of the Canadian parent's U.K. subsidiary, One Move Limited, states, "Expert Agent is the best agency administration software in the market right now. Integrating and aligning our products and services enhances not only their software, it greatly expands our reach throughout England. Both company's are striving to capitalize on a fractured marketplace, so when two companies can join forces to jointly offer the specialized products such as ours on a single platform, it is win for both the realtor and the consumer."
Mike Griffiths, Managing Director of WebSky states, "When two companies that are on the leading edge of technology join forces to offer such a comprehensive software solution to the marketplace, it can't help but make a huge impact on how real estate is transacted. We are thrilled to be able to now offer our realtors the services and benefits of being part of the OneMove network."
About the Canadian parent company OneMove Technologies.
www.onemovetech.com
OneMove began life by creating a sophisticated software program that brought innovative advantages for all involved in British Columbia's real estate market, a Canadian province where real estate transactions were already near perfect. OneMove then jumped into the British market offering a one-stop shop designed to simplify all aspects of moving. It currently operates in the British Columbia and U.K. markets. OneMove facilitates efficient communication between parties such as lawyers, conveyancers, realtors, lenders, buyers and sellers. OneMove's U.K. operation also offers a one-stop online shop for home buyers to access real estate listings through the largest property search portal, its unique insurance product, and its association of service providers which include realtors, solicitors and lenders (www.onemove.com).
The forward-looking information contained in this news release represents the expectations of OneMove Technologies Inc. as at February 22, 2007 and, accordingly, is subject to change after such date. However, OneMove Technologies Inc. expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
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