Most Home Corp.
OTC Bulletin Board : MHME

Most Home Corp.

April 11, 2006 16:02 ET

Most Home Announces Completion of Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 11, 2006) - Most Home Corp. (OTCBB:MHME) (the "Company") is pleased to announce the completion of a private placement.

From March 28 to April 6, 2005, Most Home issued a total of 3,300,476 shares of common stock at $0.35 per share and 1,650,237 share purchase warrants to three accredited investors for gross proceeds of $1,155,166.55. Each warrant entitles the investor to purchase one additional common share at an exercise price of $0.50 per share for a period of three years from closing. The Company paid out a 5% finder's fee on $1,000,000 of the proceeds received.

For more information, see our Form 8-K dated April 10, 2006, filed with the SEC at www.sec.gov.

"This new capital is another endorsement of the company's progress in the U.S. real estate broker market," says Kenneth Galpin, President and CEO. He further adds that, "While some of the funds will help offset seasonal operating losses normally experienced in the winter months, the funding will primarily support the implementation and fulfillment of the major contracts the company has signed over the past several months with industry leading brokerages such as RE/MAX, Windermere, Prudential and Virginia Cook," he concluded.

"We are excited to see that we have established relationships with some of the industry's top brokerages and the continued efforts of our sales and marketing team has established a strong pipeline for future sales," adds Jim Secord, President of Most Home Technologies. "Real estate companies have adapted well to the online challenge and generating leads is no longer their top priority-responding to online customers in a timely and effective manner has become their real problem. Most Home's lead response eTeams and CEM (Customer Experience Management) lead management system continues to lead the way as the most cost effective answer to broker's customer service problem," he adds.

For more information about Most Home Corporation, visit www.mosthome.com.

About Most Home Corp.

Most Home Corp. (OTCBB:MHME) and its subsidiary Most Home Technologies, is a technology and services company specializing in Internet solutions for the real estate industry. The eTeam (Internet) Response Services and ClientBuilder Broker Web Solution are available to independent brokers and real estate franchises across the US and Canada. ClientBuilder is a client acquisition, response, and qualification solution providing a unique combination of high tech and high touch to brokers looking to grow their business through a proven online marketing and customer service strategy. eTeam Response Services provides outsourced services through a state-of-the-art contact center in Vancouver, Canada. In addition, Most Home Technologies provides award-winning wireless MLS service to major markets including most of Canada, Las Vegas, Upper State New York, Minnesota, Washington, DC, Maryland, Virginia, West Virginia, Pennsylvania, Southern California, and the Pacific Northwest.

Most Home Corp. is headquartered in Vancouver, B.C., Canada and maintains a corporate Internet site at http://www.mosthomecorp.com. It s subsidiary Most Home Technologies maintains a website at http://www.mosthome.com.

Certain information and statements included in this news release constitute "forward-looking" statements within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements.

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