OneMove Technologies Inc.
TSX VENTURE : OM

OneMove Technologies Inc.

March 02, 2011 18:49 ET

OneMove™ Revenue Improves With Expanded Membership

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 2, 2011) - OneMove Technologies Inc. ("OneMove" or the "Company") (TSX VENTURE:OM), a provider of the leading web-based real estate transaction platform, announced today revenue for the month of February is up 16% from the month of January. In addition, 50 new firms have been added to its Western Canadian network of conveyancing professionals since the fall of 2010.

Revenue for the month of February 2011 was $132,000 surpassing both January of 2011 and February of 2010. Revenues have surpassed the same month in the previous year for the first time since the beginning of the Company's fiscal year in July 2010. The prospect of continued revenue growth is promising for OneMove as the real estate market enters its traditional "busy season" with an additional 100 member firms than a year ago.

Econveyance, the largest and fastest growing network of conveyancing professionals of its kind, continues to expand increasing its membership to 470 firms representing 2,748 individual users. In addition to bringing on new users in British Columbia, the Company has expanded the network to include Alberta with the official production release in January 2011. "Being involved in the expansion of the network beyond British Columbia's border into Alberta has been a very rewarding experience," stated Marci Henderson, Domain Manager. "Proof of the enthusiasm with which we have been greeted by the Alberta market to date can be seen through the addition of 22 new firms representing 182 member users throughout 9 cities. We are also excited about proving the scalability of econveyance as we set our sights next on Ontario - the biggest market in Canada."

The Company's newly expanded sales team recently concentrated its efforts in Edmonton during the last week in January culminating with a well attended official launch reception on January 27th. Most of the firms in attendance have since become members. Attendees were particularly interested in the immediate benefits of using the entirely web based system and were happy to provide referrals to other firms in the community while taking advantage of our current referral campaign that runs until March 31, 2011. The ability for members to invite the "other side" into a file using econveyance's unique invitation feature has peaked interest and is creating anticipation for the planned enhancements for the Spring aptly named "Connections". Cornerstone of the robust feature set is the mandate "enter it once use it everywhere". The invitation feature demonstrates how the efficiencies of entering data only once can be extended to the other participants in the transaction. In continuing its efforts in Alberta, the Company is engaged in another campaign for the week of March 14th with a community reception in Calgary on March 17th, 2011.

About OneMove Technologies Inc.

OneMove Technologies Inc. (TSX VENTURE:OM) offers a leading real estate transaction platform. Through econveyance™, its proprietary web-based conveyancing software solution, OneMove™ simplifies and expedites the process of buying and selling real estate in Western Canada. 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.

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