Carol Trice Joins Clarocity to Lead Valuation Quality and Audit Division

CARLSBAD, CA, June 2, 2017 /CNW/ - Clarocity Corporation (TSXV:CLY) (the "Company" or "Clarocity") is pleased to announce that Carol Trice has joined Clarocity as Director of Quality Review Services.

"We are excited to have Carol join our team and expand our footprint in quality and audit solutions," said Shane Copeland, CEO of Clarocity. "Carol is a respected valuation professional with proven experience, who will be responsible for leading our new quality review division. This is a key strategic role designed to ensure that we can accelerate the onboarding of recently announced contracts." 

Over two years ago, Clarocity launched AQC, an appraisal compliance and review product currently used by lenders and valuation companies. Based on the success of that product, Clarocity will be launching new review solutions targeting the capital and secondary markets. This initiative will extend into a full audit services division designed to meet the needs for quality and securitization due diligence.

Previously, Ms. Trice served held the role of Vice President at Caliber Home Loans, serving various leading roles including Default Risk Management, Compliance, and Valuations.

About Clarocity Corporation

Clarocity Corporation (formerly known as Zaio Corporation) provides real estate valuation technologies to deal with today's dynamic housing market through its proprietary valuation solutions. Every day GSE, banking, and investor clients rely on our proprietary solutions to fund loans and value assets. As a fully integrated technology and valuation services company, Clarocity provides unparalleled insight into their real estate business assets. For more information, visit www.clarocity.com.

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.

This news release does not constitute an offer to sell or a solicitation of an offer to buy and of the securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended the U.S. Securities Act, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

The Company believes that the expectations reflected in this news release are reasonable but actual results may be affected by a variety of variables and may be materially different from the results or events predicted in the forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements. In evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the date hereof and unless otherwise required by applicable securities laws, the Company does not intend nor does it undertake any obligation to update or revise any forward-looking statements.

SOURCE Clarocity Corporation

For further information: visit www.clarocity.com or contact: Shane Copeland, CEO, Clarocity Corporation, 760-208-6460, scopeland@clarocity.com; Babak Pedram, Investor Relations, Virtus Advisory Group Inc., 416-644-5081, bpedram@virtusadvisory.com

RELATED LINKS
http://www.clarocity.com/

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