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Vendor Programs Fuel Strong First Quarter for AgencyLogic

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RISMEDIA, May 2, 2008-AgencyLogic, a real estate industry provider of single property websites in North America, announced that sales from the first quarter of 2008 demonstrate record growth in revenue, registrations and total number of single property websites sold with strong numbers generated from their recently updated Private Label and Affiliate Vendor Programs.

According to the company, AgencyLogic has seen a 58% increase in total new client registrations compared to the first quarter of 2007 and a 185% increase in registrations attributed to AgencyLogic’s Affiliate and Private Label Vendors compared to that same quarter.

The total number of single property websites sold grew 122% compared to last year’s first quarter with a record 230% increase in websites sold by Vendor partners. Total revenues for the company also increased by 62% over last year with a 171% growth in vendor generated revenues, demonstrating the value of these programs.

“These results confirm that our ongoing effort to expand through the AgencyLogic Affiliate and Private Label programs is a success,” said Stephen Fells, CEO of AgencyLogic. “We continue to look for other ways to increase growth through partnerships and acquisitions. With market conditions as they are, we are confident that we can leverage the effectiveness of single property Websites making them ubiquitous in the marketing of all forms of property.”

“We have worked hard to create a competitive software platform that any business can implement thereby allowing them to profit from the sale of single property Websites,” said Mark Wayman, CIO of AgencyLogic. “We constantly work on ways not only to improve our product for the end user, the real estate professional, but for any organization in the real estate space that wants to profit from a proven, consumable technology.”

For more information, visit www.agencylogic.com.

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