OneMove Technologies Inc.
TSX VENTURE : OM

OneMove Technologies Inc.

December 01, 2009 21:36 ET

OneMove Technologies Inc.: Vancouver Community College Joins Software Certification Program

OneMove adds 350th firm to its user network

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 1, 2009) - OneMove Technologies Inc. ("OneMove" or the "Company") (TSX VENTURE:OM), which provides a leading web-based real estate transaction platform, today announces it has expanded its econveyance certification training program to include students enrolled in the legal assistant course at Vancouver Community College ("VCC").

"The integration of the econveyance certification program into the VCC curriculum further demonstrates how our technology platform is becoming the industry standard for conveyance professionals," said Martin Johnson, President and CEO, OneMove. "With the rate of adoption of firms using our software we are pleased to have the students of VCC be part of this educational initiative providing them with an additional skill set and better preparing them for entry into the British Columbia real estate industry."

OneMove is already offering its certification program in other colleges within British Columbia, and the Company anticipates that, soon, every graduating student from legal assistant programs throughout the province will want to be "econveyance certified". The credentials offered through the program equip students with practical experience in the use of econveyance and provides an edge in today's competitive job market.

OneMove has added 21 new firms to its technology platform this fall, growing the Company's customer base to 352 firms throughout British Columbia representing a 6% increase since the beginning of fiscal 2010.

The platform's transactional volume in October 2009 was 6,028 compared to 4,528 in October 2008, an increase of 33%. The corresponding transactional revenue was $179K compared to $130K, an increase of 37%. Similarly, in November 2009 the transactional volume was 5,887 compared to 3,382 in November 2008, an increase of 74%. The transactional revenue was $175K compared to $99K, an increase of 77%.

"The Company's recently released enhanced version of the platform, econveyancePro, is used by over 2100 professionals within the 352 firms making it the largest network of conveyancing professionals of its kind," says Johnson. "Having VCC join other institutions in the province certifying their students will further cement our role in the community moving forward. We know that the market has returned to new highs and firms are actively looking to increase their productive capacity by hiring bright new employees familiar with our technology."

The TSX Venture Exchange has accepted for filing the Company's proposal to issue 297,440 shares to settle outstanding debt for $14,922. The Company proposal was to issue the shares in lieu of unpaid or accrued compensation of $14,922 to certain employees for the period June 16, 2009 to October 31, 2009. 148,940 shares are to be issued to an officer of the Company and the balance to other employees.

About OneMove Technologies Inc.

OneMove Technologies Inc. (TSX VENTURE:OM) offers a leading real estate transaction platform. Through econveyancePro™, its proprietary web-based conveyancing software solution, OneMove™ simplifies and expedites the process of buying and selling real estate in British Columbia, Canada. EconveyancePro links all participants in the property transfer process, offering a secure and efficient means of seamlessly completing the transaction online. Additional information about OneMove can be found at www.onemovetech.com or www.sedar.com. Professional users site www.econveyance.com.

Forward Looking Statements

This press release contains certain "forward looking statements". These statements relate to future events or future performance and reflect expectations and belief regarding growth, results of operations, performance, business prospects, opportunities or industry performance and trends. These forward looking statements reflect current internal projections, expectations or beliefs and are based on information currently available. A number of factors could cause actual events or results to differ materially from the results discussed in the forward looking statements. Although it is believed that the forward looking statements contained in this press release are based upon reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward looking statements. These forward looking statements are made as of the date of this press release, and OneMove Technologies Inc. assumes no obligation to update or revise them to reflect new events or circumstances, except as required pursuant to applicable securities laws.

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.

Contact Information