August 31, 2009 09:00 ET

SCM Risk Management Services Insures With iLOOKABOUT Street-level Imagery

LONDON, ONTARIO--(Marketwire - Aug. 31, 2009) - iLOOKABOUT Corp. (TSX VENTURE:ILA) ("iLOOKABOUT" or the "Company") announced today an agreement to provide its complete street-level visual data set of Canadian StreetScape imagery to SCM Risk Management Services ("RMS") for use with insurance brokerage and company applications. Financial terms were not disclosed.

SCM, the parent company of RMS, is the largest independent, privately-owned provider of claims management, risk management and related services in Canada. RMS is the largest risk inspection company in Canada and the only risk inspection company which is truly national in scope.

"SCM has long valued imagery as data, critical to the insurance business and is currently the largest supplier of photo and construction data to the Canadian Property & Casualty market," stated Greg McCutcheon President, SCM Risk Management Services, "iLOOKABOUT StreetScape has extensive Canadian coverage and a unique, dynamic product approach which enhances and fully complements our current offerings." He continued, "StreetScape is a rich and immersive visual media, unique in its flexibility and customization that allows RMS users to view properties and better understand neighbourhoods prior to entering into an insurance transaction."

"We are thrilled to be in business with such an energetic, entrepreneurial organization," commented Jeff Young, President and CEO, iLOOKABOUT, "SCM has a rich history of innovative, successful insurance services." Young added, "RMS and StreetScape together are ideally suited to the risk management space, both commercial and residential."


iLOOKABOUT is a visual data intelligence company serving commercial enterprise in the real estate, insurance, municipal, utility, assessment and appraisal sectors in North America and Europe. iLOOKABOUT is a pioneer in visual data intelligence with its StreetScape and Virtual Tour products. StreetScape is a visual data intelligence product for the geo-spatial market, providing panoramic, comprehensive, street level perspective visual data, geo-coded with latitude and longitude coordinates for accuracy and supported by patented software processes and proprietary security and storage systems. Headquartered in London, Ontario, Canada, iLOOKABOUT has offices in Toronto, Canada and London, UK. iLOOKABOUT's shares are traded on the TSX Venture Exchange under the symbol ILA.

About SCM Insurance Services

Established in 1986 with the opening of one branch in Edmonton, Alberta, SCM has grown to a national group of companies with over 110 branches coast-to-coast and more than 1,400 employees. SCM is the largest independent, privately-owned provider of claims management, risk management and related services in Canada. SCM Insurance Services includes; SCM Risk Management Services, ClaimsPro, An SCM Company, FIC, Forensic Investigations Canada and SCMTech, SCMtech Insurance Solutions. SCM Insurance Services has its head office in Edmonton, AB.

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.

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