LoopNet Releases Next Generation of LoopLink, Which Powers Commercial Property Listings on More Than 1,000 Real Estate Web Sites
February 17 2010 - 10:00AM
PR Newswire (US)
- New LoopLink Significantly Enhances Customers' Search Engine
Results, Speed and Lead Generating Performance - - The #1 Product
in Its Category Gets Even Better - SAN FRANCISCO, Feb. 17
/PRNewswire-FirstCall/ -- LoopNet, Inc. (NASDAQ: LOOP), which
operates the largest online commercial real estate marketplace,
today announced the release of LoopLink 8.0, the new and improved,
faster, search-engine-optimized property listing and display
engine. Powering over 1,000 commercial real estate web sites --
including CBRE, Cushman & Wakefield, Colliers International,
Grubb & Ellis, Jones Lang LaSalle, NAI Global, and ProLogis --
LoopNet's LoopLink technology is the #1 technology for searching
and displaying commercial properties online. This new generation of
LoopLink technology improves the performance of corporate web sites
by helping them more effectively attract visitors, match them to
properties, and convert them into viable leads. The primary
enhancements to the LoopLink platform are: -- Search Engine
Optimization (SEO): LoopLink 8.0 is the first commercial property
search solution expressly designed to best enhance customer web
site performance on Google, Yahoo! and Bing, helping to capture
more visitors from organic search. -- Lightning Fast Search
Results: LoopLink 8.0 returns property search results up to 5x
faster, connecting prospects with relevant properties more
efficiently than ever. Research shows improving web site response
time increases customer engagement and search activity. In
addition, LoopLink 8.0 retains the cutting-edge mapping tools,
aerial and birds-eye property images, reporting capabilities and
search features that have made LoopLink the preeminent platform in
the commercial real estate industry. "LoopNet is committed to
helping our clients get the best possible results from their online
marketing activities, whether on the LoopNet marketplace, on the
major search engines including Google, or on their own company web
sites," said Mike Manning, LoopNet's Vice President of Marketing.
"LoopLink 8.0 delivers a significant boost to our corporate
customers' web site performance and their property marketing
effectiveness. LoopLink 8.0 also reinforces LoopNet's position as
the leading innovator in online marketing of commercial real
estate." About LoopNet LoopNet operates the largest and most
heavily trafficked commercial real estate listing service online
with more than 4 million registered members and approximately 5
million quarterly unique visitors. The LoopNet marketplace,
available at http://www.loopnet.com/, covers all commercial
property categories, including office, industrial, retail,
multifamily (apartment properties for sale), hotel, land, specialty
properties, investment properties and businesses for sale. At the
end of September 2009, the LoopNet marketplace featured more than
$460 billion of property available for sale and 6.5 billion square
feet of space for lease. LoopNet customers include virtually all of
the top commercial real estate firms in the U.S., including CB
Richard Ellis, Cassidy Turley, Century 21 Commercial, Coldwell
Banker Commercial, Colliers International, Cushman & Wakefield,
Grubb & Ellis, Jones Lang LaSalle, Lincoln Property Company,
Marcus & Millichap, NAI Global, ProLogis, RE/MAX, and Sperry
Van Ness. Forward-Looking Statements This release contains
forward-looking statements regarding the effectiveness,
efficiencies and benefits of the enhancements to LoopLink,
LoopNet's efforts to deliver increasing value to commercial real
estate firms who use our LoopLink technology, and the improved web
site performance and property marketing effectiveness enjoyed by
corporate web sites using LoopLink 8.0. These statements are based
on current information and expectations that are inherently subject
to change and involve a number of risks and uncertainties. Actual
events or results might differ materially from those in any
forward-looking statement due to various factors, including, but
not limited to, whether our corporate customers continue to use
LoopLink 8.0, the ongoing volatility in the commercial real estate
market, our ability to obtain or retain listings from commercial
real estate brokers, agents and property owners, and competition
from other commercial real estate search engines and current or
future companies. Additional information concerning factors that
could cause actual events or results to differ materially from
those in any forward-looking statement is contained in our filings
with the Securities and Exchange Commission (SEC). Copies of
filings made by us with the SEC are available on the SEC's web site
or at http://investor.loopnet.com/sec.cfm. LoopNet does not intend
to update the forward-looking statements included in this press
release that are based on information available to us as of the
date of this release. For more information contact: Cary Brazeman,
310-205-3590 DATASOURCE: LoopNet, Inc. CONTACT: Cary Brazeman,
+1-310-205-3590, Web Site: http://www.loopnet.com/
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