Rapattoni MLS surpasses 50% market share in California

Rapattoni also provides data sharing solutions to over half of its California MLS users

SIMI VALLEY, Calif., July 30, 2007 – Rapattoni Corporation announced today that it has achieved over 50 percent market share for MLS services in the state of California. There are 185,000 Realtor® members of the California Association of Realtors®, and over 100,000 are served by Rapattoni MLS Internet systems.

"Achieving a 50% market share in California is a milestone for our company; it’s a testament to the quality, reliability, and competitiveness of our MLS software and Internet hosting services," said Nick Rapattoni, vice president. "We strive to set the industry standard for delivering the best technology while maintaining the flexibility to accommodate our MLS customers’ local needs."

Over half of the agents and brokerage firms using a Rapattoni MLS system in California enjoy the additional benefits of unique data sharing platforms developed by Rapattoni. During the past year, the company has rolled out several data sharing solutions in California, including Quattro (a shared database between Sacramento’s MetroList Services, Bay Area Real Estate Information Services, and the San Francisco Association of Realtors®). This feature fosters the concept of MLS without boundaries, yet preserves local governance and makes it possible for large regional firms to operate from one aggregated listing database for both IDX feeds and searching. These data share solutions include the use of Single Sign-On (SSO), aggregated databases, and reciprocal agreements.

Rapattoni is the fastest growing MLS vendor, and currently serves approximately 300,000 users nationwide. The company’s service model includes continuing enhancements and upgrades provided free of charge, to protect the customers’ investment in technology and training, and to provide them with the opportunity to take advantage of advancing technology.

About Rapattoni MLS
Rapattoni MLS is setting the standard with advanced features such as inter-MLS data sharing, integrated GIS parcel mapping, integrated member management and billing system, advanced RETS data exchange, integrated aerial photography, language translation, an integrated token-based Secure Logon system, and the ability to operate a convenient single sign-on (SSO) identity portal.

About the company
Rapattoni Corporation has been serving the real estate industry under the same name and management for 37 years. The company provides an array of integrated products and services for real estate associations and MLS organizations including Internet MLS systems, association management software, and Secure Logon for multiple listing, transaction management and Internet member services. Rapattoni is fully certified as a NAR Realtor® Secure provider. Rapattoni is continuing its rapid growth as an MLS system provider with more than 100 MLS organizations under contract and approximately 300,000 agents served. Rapattoni’s headquarters and state-of-the-art Internet data center are located in Simi Valley, California.

For more information contact Public Relations at (800) 722-7338, or visit the company’s website at http://www.rapattoni.com