BIRDVIEW Technologies Blending Organic Growth With Acquisition Strategy

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BIRDVIEW is looking to grow through acquisitions

BIRDVIEW Technologies announced that in addition to continuing to grow BIRDVIEW's customer base through its current sales channels, the company is looking to grow through acquisitions. BIRDVIEW, headquartered in Houston, Texas and with offices in the Chicago area as well as satellite offices in Virginia, Florida and California, is an industry leading Software as a Service (SaaS) provider for residential real estate brokerages. It's suite of web based applications provides website, lead management, marketing and lead generation tools to brokerages and their agents across the United States.

BIRDVIEW's acquisition strategy is a flexible one aimed at meeting the needs of owners as well as employees and even targets companies with revenue as low as $500,000. "Given the economic climate, and BIRDVIEW's strong financial position and access to capital, this strategy makes sense," stated Michael Kehoe, Executive VP for BIRDVIEW Technologies. "We are looking at a number of opportunities that will either grow our customer base or extend our product suite."

The residential real estate market is in the midst of a remarkable reversal of fortune that has seen the number of housing transactions go from 5 million to 7 million and back to 5 million between 2000 and 2009. "The real estate industry is being dramatically reshaped in the midst of the present downturn and we believe the same is true of technology providers that cater to the industry. As a result, we see strong opportunities for consolidation that weren't available in the past," said Bedros Bedrosian, Founder/President.

About BIRDVIEW Technologies
BIRDVIEW Technologies, http://www.birdview.com, combines a consultative approach with innovative technologies to help real estate brokerages successful grow their customer base. Since 1996, the Company has become a foremost expert having helped clients generate over 12,000,000 Internet leads. The Company's suite of web-based solutions helps real estate brokerages service the needs of over 2 million prospective home buyers each month.

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Michael Kehoe

Avo Mavilian
BIRDVIEW Technologies
630-925-4700 ext. 121
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