Mr. Tom Rossiter reports

RESAAS EXPANDS COMMERCIAL DATA EXCHANGE TO TORONTO, EXTENDING CANADA'S ONLY REAL-TIME CRE DATA NETWORK TO THE COUNTRY'S LARGEST MARKET

Resaas Services Inc. has expanded Resaas Commercial Data Exchange (CODE) into Toronto, Canada's largest and most strategically significant commercial real estate market.

Data exchange

Resaas CODE serves the largest commercial real estate brokerages and some of the most significant institutional owners and operators in North America. The platform enables enterprise customers to securely share and access real-time availability data across organizational boundaries. This delivers structured, normalized and actionable market intelligence at scale.

Market expansion

Resaas CODE already serves enterprise customers in the greater Vancouver market, tracking both office and industrial asset classes. The Toronto deployment extends this national network to Canada's premier commercial real estate hub, with both office and industrial asset classes supported.

Office: Toronto's downtown core is one of North America's most active office markets. Enterprise participants on Resaas CODE can instantly publish, discover and act on availability information across a trusted network of co-operating brokerages and institutions, delivering an unprecedented level of real-time market visibility.

Industrial: The industrial asset class brings global real estate operators that collectively own and manage millions of square feet of industrial space across the Greater Toronto Area.

Data feeds and API (application programming interface) integration

The majority of enterprise customers across all cities where Resaas CODE operates have already integrated their internal databases through secure data feeds and APIs. New market expansions do not require any additional technology development. Enterprise customers simply upsize their existing subscription licences to Resaas to activate participation in additional cities, regions or countries. Each new city expands customer intelligence, transactional efficiencies and incremental recurring revenue while leveraging the current infrastructure.

Management commentary

"Toronto is home to many of the world's leading real estate owners, operators and commercial brokerage firms, a significant number of whom are already Resaas CODE enterprise customers," said Resaas chief executive officer Tom Rossiter. "With every new market added, every enterprise customer that participates and every asset class supported, the network effect is strengthened to drive long-term value of Resaas CODE for all participants."

About Resaas Services Inc.

Resaas is a technology company focused on modernizing collaboration, payments and data exchange across the global real estate industry. The company's enterprise platform connects real estate organizations, brokerages, agents, research teams and institutional participants through technology solutions that facilitate trusted communication, the movement of funds and the secure exchange of industry data. Resaas serves global enterprise clients and is advancing payment infrastructure and commercial real estate data exchange capabilities designed to create long-term value for the real estate ecosystem.

We seek Safe Harbor.