June 26, 2009 20:17 ET

iLOOKABOUT Announces Progress in Property Tax Assessment Market Vertical

LONDON, ONTARIO--(Marketwire - June 26, 2009) - iLOOKABOUT Corp. (TSX VENTURE:ILA) (the "Company") announced today its progress within the property assessment market across North America to provide visual data via StreetScape images within a number of Counties, Provinces and States within Canada and the US.

"We are extremely pleased with our progress in property assessment," commented Jeff Young, President and CEO of iLOOKABOUT. "Working with Town, City, County and Provincial property data aggregation organizations, as well as private sector property tax assessment firms, we have seen significant growth in both completed transactions and pipeline opportunities which are at different stages of completion."

"iLOOKABOUT StreetScape imagery provides assessors with a new layer of imagery data that improves the efficiency and productivity in the property tax assessment process in addition to providing a unique perspective and enabling solution for valuing properties," continued Young. "We are in the final stages of completing a number of projects in the US, and we are extremely encouraged by the response from the assessment community in Canada and the United States."


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.

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

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