iMapp Aquires Equity Position in Xieo LLC

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Strategic Alliance Enhances Freshness and Quality of Real Estate Transaction Information

iMapp, Inc. and Xieo, LLC announced today that iMapp has acquired an equity position in Xieo. The companies have also executed a strategic alliance agreement to cooperate in the on-going development of Real Estate Information Technologies.

“Our relationship with Xieo further strengthens iMapp’s position in the Real Estate Information landscape, and most importantly, we feel Xieo has the right ingredients to become a leader in the next generation of real estate information technologies.” said Bill Rovillo, CEO of iMapp.

“Xieo welcomes the opportunity to participate in the rapidly-changing Real Estate Information marketplace, especially with a company like iMapp that shares our passion for being the best.” said Jim Edwards, President and Chief Software Architect of Xieo.

About iMapp
iMapp is a leading supplier of GIS Parcel Mapping Solutions for the Real Estate Industry. Founded in 1997, iMapp subscribes its mapping program to more REALTOR’s in Florida than all other providers combined. More information can be found on iMapp’s Web site at http://www.iMapp.com.

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About Xieo
Founded in 2009, Xieo (pronounced Zee-O) develops proprietary technologies for the Real Estate information marketplace. XIEO’s technologies include Natural Language Processing for lights-out information extraction of public record information. This process also incorporates a Parcel Knowledge Base that is the epicenter of all real estate data and is unparalleled in its accuracy, timeliness and data intelligence. Xieo provides turnkey Real Estate related information and also licenses its technologies on a private-label basis. In addition, Xieo provides County Recorder related technologies including Redaction and Clerk Indexing products. Xieo is located in Tampa, FL. More information can be found on Xieo’s Web site at http://xieo.info.

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Joel Cohen
iMapp
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