iLOOKABOUT Announces Results of the Annual & Special Meeting of Shareholders and the Grant of Deferred Share Units

LONDON, ON--(Marketwired - May 30, 2016) -  iLOOKABOUT Corp. (TSX VENTURE: ILA) (the "Company") is pleased to announce the results of the Annual & Special Meeting of Shareholders (the "Meeting") held in London, Ontario on May 30, 2016. The shareholders approved the following motions put forth at the Meeting:

• Election of Allan Bezanson, John C. Drake, Jeff Hack, Peter Hyde, Gerald C. Quinn, Gary Yeoman, and Jeff Young as Directors, each for a term of one year;
• Re-appointment of KPMG LLP as the Company's auditor and authorization for the directors to fix the auditors' remuneration; and
• Re-approval of the Company's Stock Option Plan set out in Exhibit A of the Management Information Circular dated April 25, 2016.

The Company also confirmed that, in accordance with the Directors Deferred Share Unit Plan that was approved by the shareholders of iLOOKABOUT at its 2014 Annual and Special Meeting of Shareholders, the Company has credited Directors' Deferred Share Unit Accounts with an aggregate of 299,998 Deferred Share Units in respect of their services to the Company from January 1, 2016 up to the Annual and Special Meeting of Shareholders.

A complete copy of the Directors' Deferred Share Unit Plan can be found in Exhibit C of the Company's Management Information Circular for its Annual and Special Meeting of Shareholders held on June 26, 2014, a copy of which is available at www.sedar.com.

About iLOOKABOUT
iLOOKABOUT is a data analytics and visual intelligence company focused on real property, serving primarily the property assessment, property taxation, municipal, insurance, and appraisal sectors, both public and private, in North America. iLOOKABOUT's origins are with its StreetScape imagery and web-based geographic information system ("GIS") application, GeoViewPort™, which unifies property related data and enables desktop review of properties. iLOOKABOUT has integrated powerful data analytics and workflow management applications into GeoViewPort to create service offerings uniquely customized for its clients. These offerings include Real Property Tax Analytics ("RPTA"), Realty Tax Management ("RTM") and Confirm My Assessment. To augment the Company's technology based offerings, real estate consulting services are also provided, with a focus on the Property Tax and Valuation sectors.

Headquartered in London, Ontario, Canada, iLOOKABOUT's common shares are traded on the TSX Venture Exchange under the symbol ILA.

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.