FOR IMMEDIATE RELEASE
CONTACT: Ginger Petty
Director of Marketing
GeoData Technologies
1.800-SS3DWOW
ginger@geodatatechnologies.com
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GeoData Technologies Successfully Closes Equity Raise
Investment to Fuel Expansion of Company Due to Market Demand
Sandpoint, ID – October 8, 2008 – GeoData Technologies, the leading provider of 3D collaborative software for the real estate industry, announced today that they have successfully closed an equity round of financing. The capital will be utilized to fund ongoing product development of SiteSeer3D and future product research and development. Introduced at the 2007 National Association of Realtors convention, SiteSeer3D has been embraced by brokerages that are committed to improving interactions with buyers, increasing productivity, shortening the sales cycle, and differentiating themselves from their competitors
SiteSeer3D allows buyers to visualize properties that meet their search criteria using high resolution, photo-realistic aerial imagery combined with data sets such as parcel boundaries and MLS data and photos. Buyers visit the site virtually to analyze the property, views and neighborhood from all directions before they even leave their home or office.
“SiteSeer3D is the first virtual realty technology that actually changes the way that real estate agents interact with their clients,” stated Mark Williams, President of GeoData Technologies. “SiteSeer3D provides information that is important to buyers that was not accessible from the MLS such as views, adjoining parcel boundaries, parcel topography and landscaping and locations of schools. Buyers can evaluate properties on plasma TVs at the brokerage or remotely using the Internet. The experience is the same and importantly – buyers receive more property and neighborhood information while saving time and travel costs.”
“With the economic challenges that the real estate industry is facing, we believe that GeoData Technologies is well positioned to transform the way that real estate is marketed and sold,” said John Pariseau, General Manager of WIN Partners, LLC. Now more than ever, successful real estate firms and agents need to differentiate themselves with value-add technology in order to attract buyers. The ability to realistically preview properties remotely will be especially attractive to buyers looking to make real estate investments.”
About GeoData Technologies
GeoData Technologies is the leading provider of 3D collaborative software used by real estate professionals. GeoData Technologies provides the tools, data layers, services and training to increase productivity, generate more leads and reduce costs. GeoData Technologies is headquartered in Sandpoint, ID and also has offices in Boise, ID and Spokane, WA. For more information, visit GeoData Technologies at www.geodatatechnologies.com or call 208-255-7215.
About SiteSeer3D™
SiteSeer3D is the premier 3D collaborative software for the real estate professionals. SiteSeer3D provides a true sense of property and the surrounding neighborhood by displaying specific information about a location and its surroundings including parcel size, schools and parks, nearby amenities, topography, traffic analysis and more. SiteSeer3D is an easy-to-use, high tech solution that uniquely promotes collaboration and raises the personal interaction between agent and buyer. By providing a comprehensive and integrated source for information and robust visualization of potential properties, SiteSeer3D increases productivity and reduces car expenses and unnecessary travel time. |
