iLOOKABOUT Signs First U.S. Geo-Spatial Contract

LONDON, ONTARIO, Apr 10 (MARKET WIRE) --
At the 2008 Realcomp "Tools of the Trade" Expo held today, Realcomp II
Ltd. ("Realcomp") officially announced its agreement with iLOOKABOUT
Corp. ("iLOOKABOUT") (TSX VENTURE: ILA) for the iLOOKABOUT Streetscape
product which was signed in the Fall of 2007. Realcomp, based in
Farmington Hills, is Michigan's largest real estate MLS provider for
iLOOKABOUT StreetScape, location-aware digital imagery of properties in
Metropolitan Detroit comprising the Southeast Michigan counties of Wayne,
Oakland, Macomb, Livingston, and St. Clair, and additional photography
services for Lapeer, Genesee and Washtenaw counties.

Realcomp has an exclusive license for the use and provisioning of
iLOOKABOUT StreetScape for the real estate industry in Michigan. The
licensing agreement includes software applications, data collection,
hosting, professional services and training and development of Realcomp
personnel.

"We welcome this partnership with Realcomp, an organization known for and
dedicated to serving Michigan REALTORS(R) with leading products and
services," stated Jeff Young, President and CEO of iLOOKABOUT. "We
believe StreetScape and our digital imaging software services like
ImageStore will provide a significant competitive advantage to Realcomp
and its subscribing REALTORS(R)."

iLOOKABOUT continues to develop a photo library of location-aware images
for use by RealComp and REALTORS(R) with its proprietary new product
iLOOKABOUT StreetScape. The company, a pioneer in virtual tour technology
and a long-time service provider to Realcomp, recently developed
iLOOKABOUT StreetScape, a visual data intelligence product with street
level perspective, high resolution, panoramic visual data, geo-coded to
latitude and longitude coordinates for accuracy.

"We are constantly looking for new, innovative opportunities that create
competitive advantage for our subscribers", said Karen S. Kage, CEO of
Realcomp. "iLOOKABOUT StreetScape is a real win-win for subscribers,
their clients and Realcomp. This new digital photo library of Southeast
Michigan will be a powerful tool by which we will reduce costs, improve
services, and create new revenue opportunities."

"We believe iLOOKABOUT StreetScape is the next state-of-the-art
technology solution for our REALTOR(R) subscribers," said Ken Franklin,
Realcomp's Director of Information Technology, "Our job is to provide
information services and tools to our 12,000+ REALTOR(R) subscribers that
will cost effectively grow their business. Integrating our real estate
listings and public record data with the visual data supplied by
iLOOKABOUT will create an important strategic asset for Realcomp and our
subscribers."

Mark Sheppard, Chief Operating Officer of iLOOKABOUT commented, "We look
forward to working closely with the Realcomp team over the next three
years. We think that as Realcomp subscribers begin to use the visual data
and see benefits like virtually driving the streets of Southeast Michigan
and the unique perspective, high accuracy and utility of iLOOKABOUT
StreetScape that they will see the advantage in our visual data
intelligence versus traditional photography."

Visual data collection by iLOOKABOUT is currently underway in the above
mentioned counties with first use for Realcomp subscribers planned by the
fourth quarter of 2008.

About iLOOKABOUT

iLOOKABOUT is a visual data intelligence company serving commercial
enterprise in the municipal, real estate and insurance sectors in North
America and Europe with products and services including iLOOKABOUT
StreetScape and Virtual Tours. A pioneer in visual data with its Virtual
Tour product, the company recently developed iLOOKABOUT StreetScape, a
visual data intelligence product for the geo-spatial market. iLOOKABOUT
StreetScape is panoramic, comprehensive, street level perspective visual
data, geo-coded with latitude and longitude coordinates for accuracy and
supported by patented software processes and proprietary security and
storage systems. Headquartered in London, Ontario, Canada, iLOOKABOUT
also has offices in Toronto Canada, and London, U.K. iLOOKABOUT's shares
are traded on the TSX Venture Exchange under the symbol ILA.

About Realcomp II Ltd.

Realcomp is headquartered in Farmington Hills, Michigan and has
continuously operated as a full-service provider to the real estate
industry, offering Multiple Listing Services, real property data,
products and training since 1994.

TSX Venture Exchange does not accept
responsibility for the adequacy or accuracy of this release.

Contacts:
iLOOKABOUT
Jeff Young
President and CEO
(519) 963-2015
(519) 963-5009 (FAX)
Email: jeff.young@iLOOKABOUT.com
Website: www.iLOOKABOUT.com

Realcomp II Ltd.
Francine L. Green
Marketing Manager
(248) 699-9114
Email: fgreen@corp.realcomp.com
Website: www.Realcomp.com

Copyright 2008, Market Wire, All rights reserved.

-0-