Terabitz Introduces New Web Platform for Real Estate Brokerages

PALO ALTO, Calif., Nov. 3, 2009 — Terabitz
(http://terabitz.com), an online real estate company that
delivers revenue-focused solutions to real estate
brokerages, today announced the release of a new Web
platform. The platform includes content, tools, and back-end
features that enable real estate companies to deliver a more
engaging and useful experience to online buyers and sellers.
The platform was released through leading Chicago brokerage
@properties (http://atproperties.com). The new @properties
Website can be viewed at http://www.atproperties.com.

Terabitz, which already counts many leading real estate
companies as clients, will make the platform available to
brokerages across the country later this month.

“The Website is the most important brand touch point a real
estate company has today, so it must be excellent in every
way possible – anything less exacts a price in customers,”
says Terabitz CEO Ashfaq Munshi. “This platform allows
brokers to meet that challenge, to engage users in way that
builds loyalty – and business.”

Platform highlights include:
— Neighborhood and Community pages featuring business
reviews, photos and school reports as well as hyperlocal
news content.

— Real estate market reports featuring data and trends
derived from live MLS (Multiple Listing Service) data and
displayed in a way users can understand at a glance. Reports
are provided at the neighborhood and community level, which
makes them more useful than typical city- or county-level
views.

— Property search that better merchandizes listings through
a “gallery” view that enables the user to view large photos
in the search results display.

— Explore the Neighborhood(TM), a map-based tool that
enables users to view amenities in the area of their home
search – businesses, places of worship, recreational
facilities and more – in order to understand what it is like
to live in a place.

— Terabitz One-to-One(TM), a prospecting tool that enables
agents to create dedicated, automatically updating Websites
for homeowners that display recent sales, new listings and a
dynamic home value estimate.

“Our ambition was to create the best real estate Website in
our market, and it soon became clear that Terabitz was the
best partner for making that happen,” said Thaddeus Wong,
co-founder and CEO of @properties. “Their commitment to
never-ending innovation matched our own and resulted in a
site that places us in that leadership position – and, just
as importantly – will keep us there for years to come.”

Concludes Munshi, “Real estate companies have been limited
by sub-par Web solutions for too long – solutions that cost
them too much and deliver too little. This new platform
deepens our commitment to providing a better way.”

About Terabitz

Terabitz is a Silicon Valley-based technology company. The
venture-backed firm is led by a group of technology veterans
with decades of executive-level experience at Oracle, SGI,
Applied Materials and other leading companies. For more
information, please visit http://www.terabitz.com.