OneMove Technologies Inc.
TSX VENTURE : OM

OneMove Technologies Inc.

August 20, 2012 13:09 ET

OneMove™ Announces the Appointment of Serge Salager as the Company's New CEO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 20, 2012) - The Board of OneMove Technologies Inc. ("OneMove" or the "Company") (TSX VENTURE:OM), provider of the leading web-based real estate transaction platform and creator of the largest and fastest growing online community of conveyancing professionals, is pleased to announce that it has appointed Mr. Serge Salager as the CEO of OneMove to manage the Company moving forward and execute the Company's growth plan. Mr. Salager is a seasoned executive that brings venture capital deal making, sales and marketing experience critical to the Company at this juncture.

Prior to this appointment, Mr. Salager was an Investment and Portfolio Manager at Inventages Venture Capital, Nestle's global strategic fund manager with $1.5b in committed capital. Mr. Salager has held different global product, marketing and sales positions at Procter & Gamble, Medtronic and Affinova, a venture funded technology start up, and holds a MBA degree from Harvard Business School.

Mr. Parminder Virk, the Company's current Interim-CEO who will now revert back to the COO role he previously held, stated: "I am very pleased that Serge has accepted the position and excited to have him leading the Company moving forward. His stewardship will be critical to transform the Company into a high performance commercial organization and execute our expansion plans. The expanded sales department has been very active, in both British Columbia and Alberta, as the Company's Q4 revenue has been the best to date with year over year increases of 19% and 21% for June and July respectively."

Mr. Salager will hold a Director seat on the Board of Directors and, concurrent with this addition, Mr. Matthew Proud, the largest shareholder of the Company, will assume the role of Chairman of the Board.

About OneMove Technologies Inc.

OneMove Technologies Inc. (TSX VENTURE:OM) is the leading provider of web-based real estate transaction platforms and the creator of the largest and fastest growing online community of conveyancing professionals. Through econveyance™, its proprietary web-based conveyancing software solution, OneMove™ simplifies and expedites the process of buying and selling real estate. Econveyance connects all participants in the property transfer process, offering a secure and efficient means of completing the transaction online. Additional information about OneMove can be found at www.onemovetech.com or www.sedar.com. Professional users site www.econveyance.com.

Forward Looking Statements

This press release contains certain "forward looking statements". These statements relate to future events or future performance and reflect expectations and belief regarding growth, results of operations, performance, business prospects, opportunities or industry performance and trends. These forward looking statements reflect current internal projections, expectations or beliefs and are based on information currently available. A number of factors could cause actual events or results to differ materially from the results discussed in the forward looking statements. Although it is believed that the forward looking statements contained in this press release are based upon reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward looking statements. These forward looking statements are made as of the date of this press release, and OneMove Technologies Inc. assumes no obligation to update or revise them to reflect new events or circumstances, except as required pursuant to applicable securities laws.

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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