Zaio Corporation Announces Second Quarter Results Conference Call

    CALGARY, Aug. 15 /CNW/ - Zaio Corporation (TSX-V: ZAO - News) announced
today that they will be holding their second quarter investor conference call
on Monday, August 20, 2007 at 3:00pm EST. During the call, Zaio will discuss
their 2007 second quarter results and will provide conference call
participants the opportunity to ask questions of Zaio's management.
    Speaking on behalf of Zaio management will be Thomas Inserra, Chief
Executive Officer and Rodney Mitton, Chief Financial Officer.

    
    Live-Call Audience Dial-In Numbers:

    Participant Number    800-733-7571

    Replay Audience Dial-in Number & Codes:

    Access Number:  416-640-1917
    Passcode        21243938 followed by the number sign

    Access Number:  877-289-8525
    Passcode        21243938 followed by the number sign
    

    To listen to the live Webcast of this event, please go to
    http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=197604
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    The webcast version of the conference call will be available through the
same link following the conference call.

    About Zaio

    Zaio is the North American leader in developing and maintaining a
site-verified database of photos, valuations and property information of
virtually every property in entire cities, using a proprietary "GeoScore"
property rating system. Zaio and its network of premiere, local appraiser
experts photograph and appraise entire cities, one building at a time from the
street.
    Zaio is a public corporation that trades under the symbol "ZAO" on the
TSX-V Exchange in Canada. Additional information is available for US investors
under the symbol "ZAOFF". For more company information, visit www.zaio.com or
please contact:

    For investors who would like to be added to Zaio's investor distribution
list, please contact Collum Hunter at chunter@christensenir.com

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this press release.

    This press release contains forward-looking statements, which may include
financial and business prospects, as well as statements regarding the
Company's future plans, objectives or economic performance and financial
outlooks. Such statements are subject to risk factors associated with the real
estate industry, and the overall economy in both Canada and the United States.
There can be no assurance that the transaction described above will close. The
Company believes that the expectations reflected in this press 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 to reflect
subsequent information, events, results or circumstances or otherwise.

    %SEDAR: 00020572E

For further information:

For further information: Thomas J. Inserra, President and CEO, (480)
575-5111; Rodney D. Mitton, CFO, (403) 802-2033