Bamboo.com Announces Agreement With Leading Iowa Real Estate Company.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif--(BUSINESS WIRE)--Sept. 15, 1999-- Alliance with Iowa Realty and First Realty/Better Homes & Gardens(r) brings bamboo Virtual Tours Virtual Tours The phrases panoramic tour and virtual tour are often used to describe a variety of video and photographic based media. The word panorama indicates an unbroken view, so essentially, a panorama in that respect could be either a series of photographs or panning video (tm) to the Iowa real estate market Bamboo.com, Inc. (Nasdaq:BAMB), a provider of 360-degree virtual tours for the real estate industry, today announced a alliance with Iowa's largest real estate company, Iowa Realty Co., Inc. and First Realty/Better Homes & Gardens" to provide bamboo Virtual Tours to more than 1,100 agents statewide. Under the agreement, bamboo.com will be the exclusive provider of 360-degree virtual tours to Iowa Realty and First Realty, Iowa's largest real estate companies, which plan to purchase tours for the majority of their listings. This partnership marks a breakthrough in the Iowa real estate market, as real estate professionals will have the opportunity to use 360-degree bamboo Virtual Tours to market and sell homes, attract new listings and improve the overall efficiency of the home buying and selling process. Iowa Realty and First Realty agents will display the bamboo virtual home tours on their respective Web sites, www.iowarealty.com and www.firstrealtybhg.com. "We are proud to join forces with industry leaders Iowa Realty and First Realty and are pleased to offer their agents a powerful real estate marketing tool that simplifies the home buying and selling process," said Kevin B. McCurdy, founder and executive vice president of bamboo.com. "Bamboo Virtual Tours enable Internet users to look around a room or garden as if they were actually standing there-something still photos just don't allow. The tours work as a pre-qualifier and save real estate professionals and their clients valuable time and money." Bamboo Virtual Tours consist of multiple moving panoramic images of the interior and/or exterior of a home. Bamboo.com's full service includes image capturing, processing, Internet linking or posting and e-mail virtual tours, which allow real estate professionals to forward multiple scene tours to anyone via e-mail. About bamboo.com Based in Palo Alto, CA, bamboo.com is a provider of Internet-based content services to the real estate community. Bamboo.com provides 360-degree virtual tours, and maintains key relationships with the real estate Web sites and multiple listing service (MLS See multilevel security. ) providers, including REALTOR.com, HomeSeekers.com, Microsoft HomeAdvisor, HOMES.com, CyberHomes, LoopNet, Moore Data Services, and GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) . These Web sites also provide real estate content to Internet portals. As a result, bamboo Virtual Tours can currently be viewed on AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. , Yahoo!, MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). , Excite, Netscape Netcenter, GO Network/InfoSeek, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , and others. Company investors include Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking , Trident Capital, the Walden Group and VantagePoint Venture Partners. For more information about bamboo.com, visit http://www.bamboo.com or call toll free 1-888-7BAMBOO. Editors, please contact Antenna Group, Inc.: Heidi K. Zuhl at 415-977-1915, or press@bamboo.com. About Iowa Realty Iowa Realty and First Realty/Better Homes & Gardens" are affiliates of MidAmerican Services, a division of MidAmerican Energy MidAmerican Energy may refer to one of the following:
A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , First Realty/Better Homes & Gardens", visit http://www.iowarealty.com or contact Jamie Bulet at 515-964-0822. This press release contains forward-looking information within the meaning of Section 27A of the securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. Actual results may differ materially. The matters discussed in this press release also involve risks and uncertainties described from time to time in bamboo.com, Inc.'s filings with the Securities and Exchange Commission (SEC). In particular, see "Risk Factors" in the Final Prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. included in the Company's Registration Statement on Form S-1 declared effective by the SEC on August 25, 1999 (www.sec.gov). http://www.sec.gov |
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