NDS Announces Technology Alliance with HomeShark.MINDEN, Nev.--(BUSINESS WIRE)--April 28, 1998--NDS Software, Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : NDSS NDSS National Down Syndrome Society NDSS Network and Distributed System Security (Internet Society) NDSS National Diabetes Services Scheme (Australia) ) announced a technology alliance with HomeShark (www.homeshark.com), the premier online provider of discounted mortgages and home buying advice. Under the agreement NDS See eDirectory. NDS - Netware Directory Services will offer its suite of products to HomeShark customers, which includes HomeSeekers'(SM) public residential Internet-based data system, HomeSeekers CityNet, a public access lead generation system; H.S. Passport passport Document issued by a national government identifying a traveler as a citizen with a right to protection while abroad and a right to return to the country of citizenship. It is normally a small booklet containing a description and photograph of the bearer. , a proprietary e-mail system designed for real estate agents; and Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. 2000(R) Net '98, an agent productivity package. HomeShark will create a loan center to be displayed at the HomeSeekers(SM) site. The loan center will provide brokerage services to consumers along with hyperlinks to various mortgage tools and services supplied by HomeShark. HomeShark compares and offers mortgages from leading national mortgage companies, using secure and state-of-the-art technology. John Giaimo, President of NDS Software, commented, "The partnership between HomeShark and HomeSeekers is yet another step forward for NDS in driving change in the evolution of home buying. We are proud to offer our customers another service that saves them time and money." "We feel this partnership is a true win-win for consumers and realtors using either HomeSeekers or HomeShark, said Ned Hoyt, 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 HomeShark. "With HomeShark's time and money-saving mortgage services available on HomeSeekers, and NDS' thousands of listings, our users have the ideal combination for successful home buying -- homes and loans -- at either site. In addition, NDS and HomeShark are both focused on keeping the realtor at the center of the transaction, and are intent on leveraging their innovative offerings to ensure they stay there." HomeShark, which just recently acquired HomeScout, the Internet's leading open real estate search engine, will send consumers directly to HomeSeekers.com from the HomeScout search engine. This means an additional half a million visitors per month will have access to HomeSeekers' services. NDS Software, Inc. is a leading commercial provider of on-line residential real estate listing information on the Internet, serving home buyers, real estate agents, mortgage and title companies and others. The company also has similar services available for private Intranet systems, and provides contract programming services to multiple listing companies and others in the industry. Included in this release may be "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors, including sales levels, distribution and competition trends and other market factors. CONTACT: LKS LKS Lakes LKS Landau-Kleffner Syndrome LKS Liver, Kidney, Spleen (organ transplant) LKS Lucky Stores, Inc. LKS Last Known Status (military tracking systems) LKS Linux Kernel Subsystem LKS Linux Kernel Summit Consulting Phil Worack or Paul Schemmel, 303/790-8042 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion