Point2 Technologies Names Saul Klein As Chief Executive Officer

    SASKATOON, SK and VANCOUVER, Dec. 18 /CNW/ - Point2 Technologies Inc.
("Point2") today announced the appointment of Saul Klein as its new Chief
Executive Officer. Klein will assume the new post effective January 1st, 2008,
while maintaining his long time position as CEO of InternetCrusade/RealTown.
    Klein brings to Point2 nearly 35 years of experience in the real estate
industry and is one of the most respected professionals in the sector. In
2003, Klein was named one of the 25 Most Influential People in Real Estate by
REALTOR(R) Magazine, the official publication of the National Association of
Realtors(R) (NAR), and was named by INMAN News as one of the Top 100 Most
Influential People in Real Estate (technology) in 2005, 2006 and 2007. Klein's
industry experience advising national and regional real estate franchises,
MLSs (Multiple Listing Service), Boards and Associations on technology issues
spans 16 years and brings to Point2 a significant new strategic advantage.
    "On behalf of our Board of Directors and staff, I would like to welcome
Saul to Point2," said Barry Willick, President, Point2 Technologies. "Over the
past few months we've examined the value and need to add a CEO position to our
leadership structure. In light of the recent restructuring of our management
team, we moved to attract one of the best, most respected minds in the
industry to help us execute on our mission and vision - and we couldn't have
done any better."
    "I am extremely excited for the future of Point2 with Saul at the helm.
We've had the privilege of working with Saul over time, and we look forward to
his contributions as a critical member of Point2," added Willick. "Saul's
experience will enable us to grow Point2 more aggressively and positions us to
capture a larger share of our markets as we embark on an even more rapid pace
of technological innovation."
    "I am thrilled to join an industry leader that has constantly set the
benchmarks for others to follow," said Saul Klein, Chief Executive Officer,
Point2 Technologies. "The potential for growth at Point2 is enormous, and I
look forward to working with Barry and the team here at Point2 to tap our full
potential. Point2's deep market penetration in North America, its global reach
and unique intellectual property sets our sights pretty high both in terms of
revenue growth and new opportunities that we can explore in the future."
    "Over the next few months, we will embark on some exciting new corporate
and industry related initiatives in real estate that we will make public as we
go forward," added Klein. "Point2's commitment to its customers will be
reflected in everything that we do," he concluded.
    Saul Klein is a REALTOR(R) and a nationally recognized speaker and
Consultant who, over the last 16 years, has spent more than 15,000 hours in
front of real estate professionals, consumers, association staffs and
volunteers and he has traveled over 1,000,000 air miles delivering a message
on technology and its role in the future of the real estate industry.

    Some of Klein's most recent projects include:

    -   President and CEO, InternetCrusade/RealTown - Internet Solutions and
        online community for the real estate industry - 1995 - Present;
    -   National Association of REALTORS(R) e-PRO - Creator - 2001 - Present;
    -   REALTOR(R) Consultant, REALTOR(R) Information Network 1994 - 96;
    -   National Electronic Publisher - REALTORS(R) Information Network,
    -   Educational Consultant, National Association of REALTORS(R) - 1995;
    -   Partner, Real Estate Electronic Publishing Company - 1995 - Present.

    Klein was the 1993 President of the San Diego Association of Realtors(R)
and Designated REALTOR(R) of the Year in 1999. He has been a licensed
California Real Estate broker since 1977 (sales since 1974) and is an e-PRO,
GRI, and a Certified Financial Planner (CFP). Saul's involvement over the
years with the National Association of Realtors(R) (NAR), the San Diego
Association of Realtors(R) and the California Association of Realtors(R) is
extensive and includes a number of strategic roles including a member of the
CAR Board of Directors for 11 years.
    Klein is currently Immediate Past Chair of Business Information and
Technology Forum of the National Association of REALTORS(R). He is the author
of The Real Estate Technology Guide published by Dearborn Publishing and he
has authored numerous courses on real estate ethics, agency, buyer brokerage,
and financial management for the New Real Estate Professional, as well as
online technology courses for Kaplan University and the National Association
of REALTORS(R). Saul is a 1972 graduate of the United States Naval Academy and
he served 5 years on active duty as a Surface Warfare Officer.

    About Point2 Technologies Inc.

    Point2 Technologies provides online marketing and eBusiness software
solutions for the real estate and heavy equipment industries. Leveraging
Point2 proprietary and patented technology, Point2 develops and markets
software solutions that enable organizations to conduct business over the
Internet more easily and more profitably. The Company is the largest provider
of online marketing and lead management software for real estate
professionals, with nearly 165,000 brokers and agents subscribing to Point2
NLS in 85 countries. Membership in Point2 NLS continues to grow by over 1,000
additional members each week. Point2 is also one of the largest providers of
e-commerce solutions to the heavy equipment industry, powers Caterpillar
Inc.'s global heavy equipment dealer network and owns and operates
UsedIron.com, one of the largest used equipment venues online.
    Founded in 1996, Point2 Technologies is privately held and employs a
staff of 100 at its headquarters in Saskatoon, SK and its Vancouver, BC
offices. More information can be obtained at www.Point2.com.

    Point2(R) is a trademark of Point2 Technologies Inc. All other company
and product names may be trademarks of the respective companies with which
they are associated.

    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/

For further information:

For further information: Media Relations - Roger Noujeim, Director of
Public Relations, Point2 Technologies Inc., T. (888) 955-7900, E.
rnoujeim@point2.com; Investor Relations - Jason Golding, Chief Financial
Officer and General Counsel, Point2 Technologies Inc., T. (306) 955-7900, E.

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