Northeast Ohio Real Estate Exchange Press Release

NORTHEAST OHIO – August 26, 2008: For the first time ever members of the Centralized Real Estate Information Service (CRIS) and the Northern Ohio Regional Multiple Listing Service (NORMLS) will access one MLS system and will be able to view all MLS listings in northeast Ohio. Members who have been inconvenienced by duplicate fees, duplicate systems to learn, duplicate searches, duplicate listing input and maintenance, and duplicate listings in their IDX websites will now have one MLS system to interface with for an efficient and enhanced MLS experience.

"For many years brokers and agents in northeast Ohio have been asking for a single source of MLS data without duplicate fees and the added expense of special software services that could merge the listing data into one database. Thanks to the determined leadership of the NORMLS and CRIS MLS's, we will have what the brokers and agents have been asking for," said James Lentz, Chairman of the Board of NORMLS and President of ERA Lentz Associates.

The new system, Northeast Ohio Real Estate Exchange, or NEOHREX, will be run on Rapattoni software and managed by NORMLS and CRIS. "This is not a data sharing agreement but a joint ownership in one system," said Terri Hoon, President of CRIS MLS and a member of Exit Realty Home Pride. "This new system will come with a new mindset. One that will not fall short because of MLS boundaries."

"This is truly a great day for REALTORS® in northeast Ohio," said Carl DeMusz, CEO of NORMLS. He noted that leadership of NORMLS and CRIS has worked toward a combined system for more than 11 years. "I look forward to working with the staff and leadership of CRIS and NORMLS on this project as we plan for a January 14, 2009 cutover," added DeMusz.

"This innovative system will help usher in a new level of property information available to all of our Real Estate professionals. In our ever evolving industry, NEOHREX will help ensure that our members remain a relevant part of the home buying and selling process now and in the future," said Chris Carrillo, CEO of CRIS. Carrillo also stated that the collective membership will benefit in many ways from this project.

About Rapattoni
Rapattoni Corporation has been serving the real estate industry under the same name and management for 38 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 with Single Sign-On identity portals for online security and convenience. The company's MLS products are serving about 300,000 agents nationally and its association management customers represent more than 85% of the nation's Realtors®. Rapattoni's headquarters 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.