ZAIO performance ranked in top 50 for second straight year

    CALGARY, June 19 /CNW/ - Zaio Corporation (TSX-V: ZAO) has been selected
as one of the "2008 TSX Venture 50," a ranking of the top 10 public companies
in five industry sectors listed on TSX Venture Exchange. Zaio was ranked among
the top 10 best performing technology firms for the second consecutive year.
    The "TSX Venture 50" ranking was initiated by the TSX Venture Exchange to
provide the investment community with information on the top performing
companies of more than 2,000 corporations that are listed on the Exchange. The
criteria used by the TSX Venture Exchange to determine this elite list is
based on a formula considering revenue, return on investment, market
capitalization growth and trading volume with data compiled as of December 31,
2007. In the key metrics evaluated by the Exchange, Zaio achieved the
following results:

    Zaio's 2007 revenues were CDN$12.4 million a 43 fold increase over 2006
    revenues of CDN$289,000. Comparing Zaio's beginning and ending stock
    price in 2007 indicates a 60% Return on Investment (ROI) for
    shareholders. Zaio's market capitalization in 2007 grew from
    CDN$32.4 million to CDN$90.4 million representing a CDN$58 million in
    value creation for shareholders and a 179% increase in market
    capitalization. Annual trading volume from 2006 to 2007 increased 282%.

    Although not included in the TSX ranking, Zaio also delivered the
following 2007 results in other key metrics tracked by management:

    Cash on hand at year end 2007 was CDN$11.7 million compared to
    CDN$3.2 million in 2006. Through 2007, 1,526 Zone licenses had been sold,
    and 15 million separate properties had been photographed. During 2007,
    Zaio successfully raised CDN$27 million in capital.

    "We are honored to be included in the TSX Venture Top 50 for the second
straight year and believe it confirms our commitment to growing Zaio in an
efficient and effective manner on behalf of our loyal shareholders," states
Thomas Inserra, CEO, Zaio. "Through our Go Live 2008 program, we are now
executing plans aimed at further accelerating our national roll-out and we
continue to demonstrate our value to investors, customers and the home buying
    Go Live 2008 is a program designed to bring Zaio Zones to active status
quickly and efficiently so that Zaio and its network of affiliated appraisers
can serve lenders and other customers more efficiently. Over 400 appraisers
have now been trained to utilize Zaio's patent-pending technology and are
currently initiating a coordinated deployment in hundreds of U.S. cities.
    Interested investors may access company annual reports, quarterly
results, press releases and other information at: under the
investor section.

    About Zaio

    Zaio is a technology and database company. A network of Zaio related
appraisers currently serve approximately 500 lenders with a variety of
appraisal services nationwide. Zaio maintains a secure database of 140 million
properties and its affiliated appraisers are now site verifying property data,
photos and appraisals of virtually every property in America. Zaio's network
of local appraiser experts appraise entire cities, one building at a time
using a proprietary "GeoScore(TM)" rating system. Additional information is
available under the symbol "ZAOFF."

    For investors who would like to be added to Zaio's investor distribution
list or receive a 2007 Annual Report, please contact Lisa Lyscio at

    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. 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: For more company information, visit or please contact: Don Kelly, Chief Communications Officer, (202)
302-3870; Lisa Lyscio, Manager, Investor Relations, (480) 449-2606

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