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INREEX, Inc. cited in Los Angeles Times column and aired on the Real Estate News Network.


LONDON -- INREEX, Inc., (Pink Sheets:IRXI) a Real Estate Prediction Exchange, is pleased to announce that the company has recently received positive coverage by two well-known media outlets, the Los Angeles Times Los Angeles Times

Morning daily newspaper. Established in 1881, it was purchased and incorporated in 1884 by Harrison Gray Otis (1837–1917) under The Times-Mirror Co. (the hyphen was later dropped from the name).
 and the Real Estate News Network.

The Los Angeles Times column, "The Housing Scene" by Lew Sichelman, provides consumer-oriented information regarding the latest housing industry developments. Lew Sichelman has been covering real estate for more than 30 years and is a regular contributor to numerous shelter magazines and housing finance industry publications. His work also appears in Sports Illustrated Sports Illustrated is the largest weekly American sports magazine owned by media conglomerate Time Warner. It has over 3 million subscribers and is read by 23 million adults each week, including over 18 million men, 19% of the adult males in the country. , National Mortgage News, House & Home and other magazines and trade journals where his tough-but-fair reporting has made him a trusted source for millions of loyal readers.

In his latest column, Mr. Sichelman cites INREEX as a new and innovative Exchange that allows investors to electronically speculate on real estate as they do in a stock market. "The exchange's trading technology allows investors to log on anywhere in the world and buy, sell or short the entire country or one or more states. The exchange (www.inreex.com) offers such tools as real-time quotes, charts, order books, watch lists and a proprietary screening page that allows users to identify possible trends in the marketplace." Thomas Stevens There have been several notable people called Thomas Stevens:
  • Thomas Stevens, the first man to cycle around the world
  • Thomas Stevens, the founder of Bradfield College
  • Thomas Stevens, the twentieth century trumpeter
, president of the 1.2-million member National Association of Realtors The National Association of Realtors (NAR) is made up of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, and counselors, and others working in the real estate industry. , goes on to call "the opportunity to trade in housing prices 'an important milestone' in the evolution of the housing market." To read the full article please visit: http://www.inreex.com/press/PR6.aspx.

In other coverage, The Real Estate News Network (DNN DNN DotNetNuke
DNN Distributeurs Non Nationalisés (French)
DNN Dynamic Neural Network
DNN Diploma in Nursery Nursing
DNN Deltavliegschool Noord Nederland
.TV) aired a segment on INREEX. This network, anchored by Bob Losure Bob Losure was a weekend anchor on CNN Headline News from 1986-1997. Prior to that, he worked as co-anchor of the evening news at KOTV, the CBS affiliate in his hometown of Tulsa, Oklahoma. , provides the latest global news on housing, mortgage rates, and emerging trends that affect every American today. Bob Losure draws on 30 years experience in broadcasting, 11 of those years were anchoring at CNN CNN
 or Cable News Network

Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world.
 Headline News. Bob has appeared in numerous corporate image videos. Among his clients: Bell South, ESPN ESPN Entertainment and Sports Programming Network , Delta Airlines, Wal-Mart, Siemens, Ideal Health, Pentabasol, Bayer Pharmaceuticals, IBM/Worldbook, JCB JCB
Noun

trademark, Brit a large machine used in building, that has a shovel on the front and a digger arm on the back [initials of Joseph Cyril Bamford, its manufacturer]

JCB® n abbr
 Inc. of London, England; Management Recruiters, and UCC An abbreviation for the Uniform Commercial Code.  TotalHome.

In a recent broadcast, the Real Estate News Network did a segment on INREEX and its new approach for speculating on the U.S. housing market (an asset class valued at nearly $20 trillion). To view the broadcast please visit: http://tinyurl.com/m8xnh. INREEX is aired in the third segment.

As we have previously mentioned, INREEX has the potential to be much more than just a real estate exchange and we are currently working on a venture that will commoditize a new market; Developments on this will be forthcoming.

"It is great to see the media attention INREEX has recently received as we are at the forefront of a new and exciting arena involving an asset class valued at nearly $20 trillion," said Paul Rozenberg, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of INREEX, Inc. "In addition, the new market that INREEX is commoditizing will not only be revenue producing, but will create considerable value for our shareholders."

About INREEX, Inc.

The INREEX (Pink Sheets:IRXI) is a real estate prediction exchange that lets investors take advantage of the fluctuations in the real estate market, without having to buy real property. With INREEX investors can experience the same excitement and liquidity of the stock market, while securing the benefits of real estate investing Real estate investing involves the purchase of real estate for profit. Profits are accumulated slowly by renting out properties in a cashflow method, or are generally improved and resold for a capital gain. . The exchange is powered by peer to peer technology allowing for transparent and efficient trading 24/7 from virtually anywhere in the world. Ultimately, the INREEX could protect homeowners from a potential housing decline or just allow for efficient real estate speculation without the need to buy or sell actual real estate.

To learn more about INREEX, Inc. visit: http://www.inreex.com.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 22, 2006
Words:690
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