Urbanimmersive Inc. reaches a collaborative agreement with Fonds promotionnel RE/MAX

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TSX VENTURE EXCHANGE - TICKER SYMBOL - UI

Urbanimmersive Inc. gains access to the most important real estate broker network in Quebec

MONTREAL, March 6, 2013 /CNW Telbec/ - Urbanimmersive Inc., a wholly-owned subsidiary of Urbanimmersive Technologies Inc. («Urbanimmersive Technologies ») is pleased to announce that is has reached a collaborative agreement with Fonds promotionnel REMAX inc.  (« Fonds promotionnel RE/MAX »), the most important real estate entity in Quebec with more than 3,500 brokers across its 139 offices province-wide. This collaboration will allow RE/MAX Quebec to offer its network of brokers a brand new online marketing technology. Urbanimmersive will benefit from this added visibility to promote its technology with agencies and brokers from the RE/MAX group.

"We had taken notice of the AVU3D^® technology for some time now" says Sylvain Dansereau, Executive Vice-President at RE/MAX Québec.  "We are proud to continually support our brokers and help them stay in the top performers group. This marketing approach caters to the new trends on the web and will help consolidate our leadership position."

This agreement provides Urbanimmersive with the opportunity to reach more than 50% of the Quebec market through RE/MAX's massive network.

"It is very exciting to see a leader such as RE/MAX shows interest for AVU3D^®» comments David Thomas, Vice-President Sales, Real Estate Markets at Urbanimmersive.  "This represents a crucial step towards market adoption and it is also a sign that we are on the right track."

Real Estate Reinvented

AVU3D^® is a new emulation technology that allows a buyer to freely visit properties in 3D on the internet from a computer, tablet or smartphone. Visitors are represented by an avatar and can communicate with each other in the property recreated digitally from high resolution photos. Using a dashboard, the broker can see visitors navigating its listings in real time and may, at any time, virtually join them to provide his services.

À propos de RE/MAX Québec

RE/MAX Québec is the most important real estate broker network in the province with more than 3,500 brokers across 139 offices. More than half the properties sold in Quebec each year are sold by this network that only represents 20% of all brokers. RE/MAX is rated among the 30 most-admired companies in Quebec, according to Léger Marketing and Journal Les Affaires.

For more information, visit www.remaxquebec.com.

About Urbanimmersive

Urbanimmersive Technologies Inc., through its wholly owned subsidiary Urbanimmersive Inc., is a digital media company that combines its expertise in the production of visual content to its patent pending immersive technology for online, offline and mobile marketing of real estate assets. The company also licenses its full suite of software and technology to partners in other markets. Urbanimmersive Technologies Inc. is a company listed on the TSX Venture Exchange and traded under the "UI" ticker symbol.

For more information, visit www.urbanimmersive.com

Caution on Forward-Looking Statements

This press release contains forward-looking statements that reflect the expectations of Urbanimmersive Technologies Inc. regarding upcoming events. Actual events could differ materially from those anticipated in this document.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Urbanimmersive Technologies

For more information about Urbanimmersive Inc. / Urbanimmersive Technologies Inc.: 

Ghislain Lemire, President and Chief Executive Officer
[phone] or [email protected] 

or

David Thomas, Vice-President, Real Estate Markets
[phone] or [email protected]