VANCOUVER, July 22 /CNW/ - OneMove Technologies Inc. ("OneMove" or the "Company") (TSX-V: OM), a provider of a leading web-based real estate transaction platform, today announced the launch of econveyance 8.0, its next generation web-based conveyancing software system. Econveyance 8.0 includes several new functional elements, most significantly a realtor user interface. For this first time, realtors can initiate the online processing of a buy or sell transaction via econveyance.
"With approximately 1000 lawyers and notaries already processing real estate transactions through econveyance, extending our offering to realtors was a natural next step," said Martin Johnson, President and CEO, OneMove. "Our users are already filing more than 35% of all the documents being filed electronically with the Land Title and Survey Authority of British Columbia. That said, in B.C., there are approximately 18,000 realtors involved in close to 200,000 MLS(R) residential real estate buy or sell transactions annually. We believe the launch of econveyance 8.0 positions us to even better capitalize on the province-wide shift toward a paperless property transfer process. By continuing to expand our user base, we can increase the number of transactions running through our system, which is fundamental to our growth."
With econveyance 8.0, creating an econveyance file is no longer limited to lawyers and notaries. Realtors can now commence the processing of a real estate buy or sell transaction through the online platform and then invite buyer and seller lawyers and notaries to access the files. This new release also includes a greater selection of search criteria, and now realtors, lawyers and notaries working out of more than one branch office can access all relevant information for each location through a single user ID.
About OneMove Technologies Inc.
OneMove Technologies Inc. (TSX-V: OM) offers a leading real estate transaction platform. Through econveyance(TM), its proprietary web-based conveyancing software solution, OneMove(TM) simplifies and expedites the process of buying and selling real estate in British Columbia, Canada. Econveyance 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 at www.onemovetech.com or www.sedar.com.
Forward Looking Statement
This press release contains certain "forward looking statements." These statements relate to future events or future performance and reflect expectations and belief regarding growth, results of operations, performance, business prospects, opportunities or industry performance and trends. These forward looking statements reflect current internal projections, expectations or beliefs and are based on information currently available. A number of factors could cause actual events or results to differ materially from the results discussed in the forward looking statements. Although it is believed that the forward looking statements contained in this press release are based upon reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward looking statements. These forward looking statements are made as of the date of this press release, and OneMove Technologies Inc. assumes no obligation to update or revise them to reflect new events or circumstances, except as required pursuant to applicable securities laws.
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