Partnership to increase OneMove's monthly transaction rate by enhancing
Company's on-line mortgage processing offering
VANCOUVER, April 9 /CNW/ - OneMove Technologies Inc. ("OneMove" or the "Company") (TSX-V: OM), which offers a leading web-based real estate transaction platform, announced the integration of econveyance(TM), its on-line conveyancing software application, with First Canadian Title's ("FCT") web-based mortgage processing application, Lender-Lawyer Connect(TM). This integration will link lawyers and notaries in British Columbia with FCT's mortgage lender customer base province-wide.
"Building strategic partnerships is key for driving growth, as it enables us to further extend and deepen our market reach," said Martin Johnson, President and CEO, OneMove. "FCT, a longstanding partner of ours, has deep roots in the real estate industry and serves most major Canadian chartered banks. We believe enhancing our mortgage processing offering by integrating with FCT's Lender-Lawyer Connect will drive more traffic to our econveyance web-based platform, as it creates a window through which we can extend our offering to additional lending institutions across British Columbia."
OneMove initially added mortgage processing to its core suite of econveyance offerings with the release of econveyance 7.0 in mid-September 2007. This upgrade enables lawyers and notaries to use econveyance to receive mortgage instructions electronically and complete and submit mortgage forms via the internet, in addition to using the web-based platform to conduct land title searches and produce land title forms.
"We initially began working with OneMove through our title insurance product," said Daniela De Tommaso, Vice President, First Canadian Title. "With the paperless property transfer process in British Columbia becoming a growing focus across the province, expanding our relationship was a natural progression. The combination of OneMove's strong presence in the British Columbia real estate market and the web-based structure of econveyance makes OneMove's offering an ideal integration fit for Lender-Lawyer Connect."
About First Canadian Title
First Canadian Title is Canada's leading provider of title insurance, and other related products and services for residential and commercial real estate transactions. Founded in 1991 and based in Oakville, Ontario, First Canadian Title employs approximately 1,000 people from coast to coast. Its customers include more than 15,000 lawyers and notaries nationwide, every major Canadian chartered bank, credit unions, other lending institutions, real estate agents, mortgage brokers and builders. First Canadian Title is the registered business name of FCT Insurance Company Ltd. and of the Canadian branch of First American Title Insurance Company. For more information about First Canadian Title, please visit www.FirstCanadianTitle.com.
About OneMove Technologies Inc.
OneMove Technologies Inc. (TSX-V: OM) offers a leading real estate transaction platform. Through econveyance(TM), a leading edge 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 and monitoring 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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