SOURCE: RealBiz Media Group Inc.

October 24, 2013 08:30 ET

Home Tour Network Expands Into Chicago Market

FORT LAUDERDALE, FL--(Marketwired - Oct 24, 2013) - RealBiz Media Group, Inc (OTCQB: RBIZ) - The Home Tour Network, a division of RealBiz Media Group, Inc. (RBIZ), announced today the expansion of its video on demand real estate network into the greater Chicago area. This expansion follows the successful launch of the® channel which premiered on the Home Tour Network in Las Vegas, Nevada, and Atlanta, Georgia, earlier this year. 

The channel has experienced a significant increase in viewership over the first few months in Atlanta, and there is great optimism for the continuing success of the channel and its expansion into another top-tier market. The® channel in Chicago will connect hundreds of thousands of interested home buyers, sellers, and curious home viewers to agents and available listings in their local market. 

"We are very satisfied to see the® channel off to such a quick start in the video on demand space," said Steve Marques, Chief Revenue Officer, RealBiz Media Group, Inc. "Our service agreement with® is moving along well, and we are looking forward to getting Chicago off to a quick start and to our continued expansion of the network and the® channel."

About RealBiz Media Group, Inc.

RealBiz Media, Inc. (OTCQB: RBIZ) is a real estate media services company whose proprietary video processing technology has made it one of the leaders in providing home virtual tours to the real estate industry. Its client base includes more than 60,000 real estate agents and brokers. Through its wholly owned Home Tour Network the company also includes a Television video on demand network. The company enjoys access to the nation's largest real estate companies with numerous approved vendors and national contracts, both key to its future development programs. When completed the company is targeting delivery of its multimedia Video on Demand platforms to more than 70 million households along with a supporting web portal and an agent driven widget program.

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This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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