San Francisco, CA - January 6, 1999 -- Abele Owners' Network (www.owners.com), America's largest national listing and information service of homes for sale by owner, announced today that it has changed its official name to Owners.com, effective immediately. The name change is announced in advance of its widely anticipated re-launch later this month.

"The name change underscores our commitment to making the Owners.com Internet address synonymous with homeownership and "by owner" real estate, " said Hans Koch, co-founder and CEO. "We are focused on leveraging e-commerce and technology to help every consumer buy, sell, or live in the home of their dreams." In addition to the service's name change, the corporate name was also changed from Abele Information Systems, Inc. to Owners.com, Inc.