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
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
The TSX Venture Exchange Inc. has not reviewed and does not accept
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For further information:
For further information: Martin R. Johnson, President & CEO, (604)
662-8207 ext 116, email@example.com; Kristen Dickson, Investor
Relations, The Equicom Group, (416) 815-0700 ext 273,