Zaio Selected for Services with Wholesale Channel

SCOTTSDALE, Ariz.--(Business Wire)--
Zaio Inc., the US Subsidiary of Zaio Corporation (TSX-V: ZAO),
announced it has been selected to serve the valuation needs for a
lender's wholesale channel. The institution has branch locations
throughout the northern United States. Currently, a network of Zaio
supported appraisers serves the entire United States with local
appraiser experts performing a wide variety of appraisal and valuation
services.

The mortgage industry continues to experience concern about
coercion and improper influence on appraisers. Recent reports and
surveys confirm that pressure on appraisers to inflate the value of
properties has contributed to the problems in the mortgage finance
market. Zaio has a proprietary database and technology that ensures
appraisal independence when ordering appraisal reports. Zaio supported
appraisers currently supply a full range of real estate valuation
services to nearly 500 lenders in 50 states.

"Zaio's proprietary database and technology helps assure the
quality analysis and timely delivery needed in today's market. It also
provides a system that ensures appraiser independence and puts
reliability back in the appraisal process," said Thomas Inserra, CEO
of Zaio Inc.

Through Zaio's proprietary database and unique technology, access
to relevant data is becoming available on every home in an entire
zone, which typically contains about 10,000 properties. Appraisers
update the value of each property regularly in real time as supply and
demand in the market changes and as the condition of homes change.
Appraisers store those appraisals in a secure database known as the
Appraisal Knowledge Warehouse(TM).

About Zaio

Zaio is a technology and database company. A network of Zaio
related appraisers currently serve 500 lenders with a variety of
appraisal services nationwide. Zaio maintains a secure database of 140
million properties and its affiliated appraisers are now site
verifying property data, photos and appraisals of virtually every
property in America. Zaio's network of local appraiser experts
appraise entire cities, one building at a time using a proprietary
"GeoScore(TM)" rating system. Zaio is ranked among the top 50 best
performing companies of more than 2,000 corporations on the TSX-V
Exchange, and trades under the symbol "ZAO". Additional information is
available under the symbol "ZAOFF".

For more company information, visit www.zaio.com or please
contact:

Thomas J. Inserra, Chief Executive Officer, 480-575-5111

Don Kelly, Chief Communications Officer, 202-302-3870

For investors who would like to be added to Zaio's investor
distribution list or receive a 2007 Annual Report, please contact Don
Kelly at dkelly@zaio.com.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking statements which may
include financial and business prospects, as well as statements
regarding the Company's future plans, objectives or economic
performance and financial outlooks. Such statements are subject to
risk factors associated with the real estate industry, and the overall
economy in both Canada and the United States. The Company believes
that the expectations reflected in this press release are reasonable,
but actual results may be affected by a variety of variables and may
be materially different from the results or events predicted in the
forward-looking statements. Readers are therefore cautioned not to
place undue reliance on these forward-looking statements.

In evaluating forward-looking statements readers should consider
the risk factors which could cause actual results or events to differ
materially from those indicated by such forward-looking statements.
These forward-looking statements are made as of the date hereof, and
unless otherwise required by applicable securities laws, the Company
does not intend nor does it undertake any obligation to update or
revise any forward-looking statements to reflect subsequent
information, events, results or circumstances or otherwise.

Zaio Inc.
Thomas J. Inserra, 480-575-5111
Don Kelly, 202-302-3870

Copyright Business Wire 2008