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VISTAinfo Expands Internet Partner Network
Co-Brand Relationships Leverage Unique Real Estate Data
Available on NearMyHome.com
SAN DIEGO, Jan. 13 - VISTAinfo, Inc. (Nasdaq: VINF)
announced today an alliance and co-branding agreement with MonsterDaata.com,
Inc. (OTC Bulletin Board: MDDC), a leading neighborhood information Web site,
to provide MonsterDaata.com customers access to VISTAinfo's unique community
and real estate database information.
Under the agreement, content from VISTAinfo's NearMyHome.com community
information site will be included on the MonsterDaata.com Web site, as well as
through MonsterDaata.com's distributor network.
"This relationship, and similar partner alliances, allows VISTAinfo to
broaden its reach into real estate information sites that provide current
homeowners and prospective buyers and sellers with pertinent real estate
solutions information," said Scott Clyde, VISTAinfo's executive vice
president. "By leveraging our robust property-related data and expanding the
mapping & visualization capabilities through the NearMyHome site, we are now
able to provide visitors to other co-branded real estate sites with
specialized community information and data that was once only available to the
real estate professional."
VISTAinfo and MonsterDaata.com are co-branding key elements of
NearMyHome.com including the community mapping features that allow consumers
to view and explore over 30 different layers of unique real estate information
including school information, hazardous waste locations and sources, flood
zones, demographics and related content. To retrieve information from the
NearMyHome site, consumers need simply to enter a city, state or ZIP Code and
are instantly provided information about the area surrounding the user's home.
Users can also easily create maps as well as order specific reports on their
selected areas.
"This alliance will provide an important new point of access between
home-buying and selling consumers and VISTAinfo's NearMyHome.com site," said
Tom Gay, president & CEO of VISTAinfo. "Our growth strategy is closely tied
to our ability to negotiate proprietary partnerships and co-branding
arrangements with leading real estate portal sites and content providers."
"We're thrilled to integrate the mapping capabilities and specialized
information of NearMyHome.com into our rapidly expanding real estate service
offerings," said Mitchell Deutsch, chairman & CEO of MonsterDaata.com.
"VISTAinfo's extraordinary expertise in developing lead-generation real estate
content and transactional property information enhances our ability to remain
a "best of breed" total solutions provider to the real estate professional and
consumer."
About VISTAinfo
VISTAinfo, a leading information services provider to the commercial and
residential real estate industry, recently acquired Moore Data Management
Services (MDMS), the largest real estate software and multiple listing
services provider in North America, from Moore Corporation Limited. The
purchase included all of Moore Corporation's technology development, hosting,
data processing, printing and management services aimed at the real estate
industry, including RE/Xplorer. These services support the sales efforts of
over 350,000 residential real estate professionals, their boards and
associations that comprise the largest user base of any multiple listing
services vendor. As a result of the acquisition, Moore Corporation is now the
second largest shareholder of VISTAinfo.
VISTAinfo, based in San Diego, California with offices throughout North
America, is a software technology, multiple listing services (MLS) and
property information services provider to residential and commercial real
estate professionals. VISTAinfo develops Internet and desktop technology
solutions and owns and maintains the largest database of location-specific
real estate, environmental and insurance underwriting information in the
United States. VISTAinfo's databases and technology help professionals and
consumers to locate, determine value, evaluate risk, sell, buy and insure real
property. For information about VISTAinfo, call 1-800-733-7606 ext. 296,
visit VISTAinfo's corporate Web site at http://www.vistainfo.com, or email
info@vistainfo.com.
About MonsterDaata.com, Inc.
MonsterDaata.com, Inc. is a leading provider of real estate transaction
facilitation, due diligence and research tools over the Internet.
MonsterDaata.com licenses, reformats, integrates, and enhances over 70 data
sets for the real estate market, including school, town and community,
demographic, lifestyle characteristic, culture, crime, environmental hazard,
property ownership, tax and transaction information for over 61,000
communities nationwide. In addition to receiving e-commerce and advertising
revenue from its own Web site (http://www.MonsterDaata.com), the company also
licenses data to or provides custom applications for clients including
Homestore.com operators of http://www.Realtor.com the country's largest real estate
listing Web site, iOwn.com (http://www.iOwn.com) and MortgageIT.com
(http://www.MortgageIT.com) two of the leading Internet mortgage companies, Network
Communications, Inc. (http://www.ncinfo.net), the largest publisher and provider of
printed and online real estate advertising in North America, and
VirtualRelocation.com, (http://www.VirtualRelocation.com) the Web's leading provider
of relocation and related information.
The statements contained in this release, which are not historical facts,
contain forward-looking statements, which involve risks and uncertainties.
Among the factors that will affect these forward-looking statements are demand
for the Company's products, competitive product and service offerings, and the
company's ability to integrate recent and any future acquisitions. These
factors and other risks and uncertainties are discussed in more detail in the
Company's Securities and Exchange Commission filings. Because of these risks
and uncertainties, readers are cautioned not to place undue reliance on
forward-looking statements.
www.vistainfo.com
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