CALGARY, March 7, 2018 /CNW/ - Clarocity Corporation
(TSXV: CLY) (the "Company" or "Clarocity") is pleased
to announce that the Collateral Risk Network (CRN) has named
Ernie Durbin, Chief Valuation
Officer, the recipient of the 2018 Valuation Visionary award.
"Our entire company is proud of the work Ernie has done to
provide vision and leadership for the appraisal industry," stated
Shane Copeland, Chief Executive
Officer. "As one of our founders, Ernie has played a critical role
in the products and technology that are driving Clarocity and the
future of the valuation industry as whole. The formal recognition
of his influence by the CRN community is well deserved and
something that I know Ernie is proud to have received."
The Collateral Risk Network presents the award in
recognition of the person who demonstrates leadership,
innovation, professionalism, and one who strives to better the
industry for their peers. Durbin will be presented his award
at Valuation Expo in Charleston, South
Carolina in March.
In the Spring edition of Appraisal Buzz Magazine, Scott Reuter from Freddie Mac reflected on
Durbin's award, "Ernie embodies everything that is right about our
profession. He has not only evolved as an appraiser, he embraces
and endorses technology data and innovation." "Ernie Durbin is renowned for creativity with
technology advancements and industry-wide involvement," stated the
official release from the CRN. "Ernie is widely recognized as an
innovative leader with vision and foresight. Ernie was nominated by
his peers and we are honored to recognize him as the
8th recipient of Valuation Visionary."
Regarding the Valuation Visionary award, Ernie Durbin stated, "I am humbled. The previous
Valuation Visionary awardees are friends of mine. To be
acknowledged with the same group of people is a real honor. The
Valuation Visionary award is recognition from a very influential
group of valuation professionals, the Collateral Risk Network. It
is truly an honor to be selected and recognized by this group, the
leaders in the valuation space. I care deeply about the future of
our industry, and believe while we are going through a disruptive
period of regulatory changes and advances in technology, the
appraiser's role as the honest voice in the valuation process will
emerge stronger than ever."
With over 35 years of valuation experience, Ernie Durbin serves as Chief Valuation Officer
at Clarocity. As CVO, Durbin leverages the strengths of Clarocity's
technologies and develops new solutions for the valuation industry.
Ernie Durbin holds the SRA and
AI-RRS designations from the Appraisal Institute. At the national
level, Ernie was a former member of the Appraisal Practices Board
of The Appraisal Foundation. He also serves on the Industry
Advisory Council (IAC) of the Appraisal Foundation. Ernie is on the
Executive Council of the Collateral Risk Network (CRN), a network
of "thought leaders" within the valuation profession.
About Clarocity Corporation
Clarocity Corporation provides real estate valuation solutions and
platform technologies designed to address today's dynamic housing
market. Our innovative platform is driving the next-generation of
valuation solutions such as MarketValue Pro (MVP) and BPOMerge and
setting new standards in real estate valuation quality and
reliability.
Every day GSE, banking, and investor clients rely on our
proprietary solutions to value assets, fund loans, and securitize
portfolios. As a fully integrated technology and valuation services
company, Clarocity provides a full spectrum of appraisal and
alternative valuation solutions. For more information, visit
www.clarocity.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward-Looking Information
This news release contains forward-looking statements which may
include financial and business prospects, as well as statements
regarding the Company's future plans, objectives or economic
performance, financial outlook, the purchase price payable in
respect of the Proposed Acquisition, the negotiation of a
definitive agreement in respect of the Proposed Acquisition, the
expected closing date of the Proposed Acquisition and the receipt
of applicable regulatory approvals including TSX Venture Exchange
approval. Such statements are subject to risk factors associated
with the real estate industry, the overall economy in both
Canada and the United States. The Company believes that
the expectations reflected in this news release are reasonable but
actual results may be affected by a variety of variables and may be
materially different from the results or events predicted in the
forward-looking statements. Readers are therefore cautioned not to
place undue reliance on these forward- looking statements. In
evaluating forward-looking statements readers should consider the
risk factors which could cause actual results or events to differ
materially from those indicated by such forward-looking statements.
These forward-looking statements are made as of the date hereof,
and unless otherwise required by applicable securities laws, the
Company does not intend nor does it undertake any obligation to
update or revise any forward-looking statements.
This news release does not constitute
an
offer to sell
or a solicitation of an offer to
buy any of the securities in the United
States. The securities of the Company will not be registered
under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act, and may not be offered or sold within
the United States or to, or for
the account or benefit of U.S. persons except in certain
transactions exempt from the registration requirements of the U.S.
Securities Act)
SOURCE Clarocity Corporation
