Homeshop.ca, Canada's National Residential Listing Service, announced today
that it has signed a multi-million dollar, multi-year partnership and licensing
agreement with HomeSeekers.com (NASDAQ: HMSK). The agreement provides
Homeshop.ca with exclusive rights within Canada to use HomeSeeker.com's
technology and specialized residential real estate software platform.
Homeshop.ca will provide real estate boards, brokers, and agents across Canada
with a cost effective and superior database/advertising medium for their
property listings.
Homeshop.ca's residential listing service will include current and
historic property listing information, as well as property images, integrated
e-mail, virtual property tours and will be accessible in both official
languages, French and English. The wireless PDA enabled features of
HomeSeekers.com technology will allow real estate professionals to access
information and services at any time while on location with their customers.
When fully implemented, Homeshop.ca anticipates that a majority of the real
estate boards and the estimated 65,000 Canadian real estate professionals
across Canada will take full advantage of its listing service and the superior
features incorporated within the HomeSeekers.com 's technology.
HomeSeekers.com was chosen as Homeshop.ca 's strategic and technological
partner due to their proprietary state-of-the-art software platform,
XMLSweb(TM) and their ability and willingness to custom tailor the program to
meet the unique needs of the Canadian marketplace. In addition to the strategic
alliance, HomeSeekers.com will provide technology and consulting services to
assist Homeshop.ca in rolling out its Canada-wide residential properties
listing service.
Published: March 1, 2001
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