AXcess News: Taking a Byte Out of Canada's Real Estate Market

RENO, NV, Sep 05 (MARKET WIRE) --
While the U.S. real estate market sits in the doldrums, home sales in
Canada are expected to rise 5.3 percent this year while in BC, OneMove
Technologies, Inc. (TSX-V: OM) is taking a byte of the market through a
proprietary online platform dubbed econveyance(TM).

Canada actually surpassed the U.S. in the depth of broadband market
penetration making new software applications easier to deploy. Add to
that, breakthroughs in the conveyance software market from companies like
OneMove in British Columbia and Teranet Income Fund (TF) acquisition of
Do Process Software Ltd. in Ontario and you've got a recipe for success.

OneMove, which went public in 2006, was just named number one in Business
In Vancouver's Top 100 Fastest Growing Companies and perhaps for good
reasons. According to the Company's third-quarter statement, sales for the
period grew 41% over the same period last year, though OneMove is still
bleeding red ink.

OneMove CEO Martin Johnson told AXcess News in an interview Friday that,
"Domestically there are a number of markets where the OneMove solution
could be implemented," implying that his conveyance software company has
plenty of room to grow. And the direction Johnson's OneMove is eyeing is
the province of Alberta.

"We have announced our intention to deploy in Alberta, but as yet have not
initiated any marketing campaign," Johnson explained.

The government of Alberta has announced its intention to provide its
market the choice of electronically filing completed documents with its
Land Registry. Johnson says that some of OneMove's BC customers are
already using specific features of econveyance(TM) for their Alberta
filings, which may make it easier for OneMove to enter the market.

According to OneMove, the conveyance software market in Alberta is about
three-fourths the size of that in British Columbia, which Johnson
estimates at $15 million. "Our investigations have revealed that there
are few firms using established conveyance software at this time and it
is our intention to deploy in the New Year capitalizing on the paradigm
shift to electronic filing in the same manner as we have in BC," Johnson
said.

While OneMove eyes neighboring Alberta, it's rumored that others are
eyeing Johnson's company. In February, Teranet Income Fund acquired one
of the largest providers of conveyance software services to Canada's legal
community that according to a February CIBC Report, held 80% of the
conveyance software market in Ontario.

CIBC World Markets analyst Paul Lechem wrote in that Report, "Going
forward, we expect tuck-in acquisitions to continue as Teranet builds out
its value-added services offering."

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