Real Estate Products, Services

HomeSeekers.com, Incorporated (NASDAQ: HMSK), announces the promotion of Mr. John Giaimo to the post of Chief Executive Officer. Mr. Giaimo has spent the past 10 years of his career at HomeSeekers.com, serving as the Company's President, Chief Operating Officer and a Director since 1996. He replaces Mr. Greg Costley, who leaves to pursue other interests. Mr. Greg Johnson, founder, and former CEO and Chairman of the Board steps in as Chairman of the Board.

"Having just announced major deals with eBay and two of New York City's largest realty groups, I'm excited about the opportunity to help us prove what many have long-known…our technology and products are the best in the industry," said Giaimo. "It is also my mission to keep our technology and products the most advanced available so that no competitor can match what is already the technology infrastructure for the global real estate industry and ground-breaking advances for realty professionals and consumers," continued Giaimo.

As a principal force behind the evolution and transformation of the home buying and selling process, Giaimo was the first to ever put an MLS online. With more than 17 years of real estate and technology expertise, Giaimo will continue to focus on leveraging the power of the company's new software applications arm which incorporates recently acquired IRIS (Inc. 500), aggressive growth in the already record-sales of the XMLS platform which serves Multiple Listings Services, and new avenues for home visibility and services for realtors and consumers on eBay real estate.

HomeSeekers.com's suite of technology solutions currently serves a network of over 200,000 real estate professionals through its XMLSweb multiple listing service product, ISG-Formulator, which provides electronic forms, its real estate industry publications and its web sites for realty professionals. HomeSeekers.com remains the only realty portal to update listings daily in English, French and Spanish. Features include up to date information on home listings, virtual tours, school information, sales and data research, crime statistics, mortgage and lending services and more. Recently added features include Connect2Call, which alerts the realtor to call a prospective buyer within minutes of their interest, a wireless application whereby consumers can enter an address into a web equipped PDA to access full listing information and a fully integrated suite of services and software for realty professionals.

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