Zaio Corporation - News Release



    TSX Venture Exchange Symbol: ZAO

    CALGARY, Jan. 21 /CNW/ - With reference to its press releases dated May
21, 2008 and October 30, 2008 Zaio Corporation ("Zaio" or the "Corporation")
wishes to clarify that effective October 30, 2008, when it ceased all of the
operations of its wholly-owned subsidiary, Zaio Inc., that Ms. Lisa Lyscio
employment as Manager of Investor Relations was terminated. Ms. Lyscio did not
receive a severance package upon her termination.

    About Zaio

    Zaio develops and maintains a secure database of site-verified photos,
property information and appraisals of virtually every property in entire
cities. Zaio's network of premiere, local appraiser experts photograph,
inspect and appraise entire cities, one building at a time from the street
using a proprietary "GeoScore(TM)" rating system. Zaio is a public corporation
that trades under the symbol "ZAO" on the TSX-V Exchange in Canada.

    
    NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
    THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
    RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
    





For further information:

For further information: Rodney D. Mitton, CFO, (403) 802-2033

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Zaio Corporation

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