CALGARY, May 12, 2016 /CNW/ - Zaio Corporation (TSXV: ZAO)
(the "Company" or "Zaio") is pleased to announce that it has
entered into a strategic agreement with the Keylink Family of
Companies to leverage the Clarocity technology platform in order to
manage and perform inspection and preservation services for a U.S.
Government Sponsored Entity (GSE).
"We're pleased to have developed a robust asset management
solution in partnership with Keylink to best serve the needs of
this new GSE client," said Shane
Copeland, CEO of Zaio Corporation. "Keylink continues to be
one of our closest partners, and we're strategically aligned in
developing innovative new technologies to manage assets over their
entire lifecycle."
The Keylink Family of Companies will deploy the Clarocity
technology platform to perform inspection and property preservation
services on GSE assets. As part of this strategic agreement, the
two companies will work closely to develop the next-generation of
lender servicing platforms to manage assets throughout their entire
lifecycle.
"At Keylink, we often need to deploy multiple technology
solutions to achieve our goal," stated Damien Chiodo, President and Chairman of the
Keylink Family of Companies. "Clarocity is by far the most
innovative user-centric platform we've used, and we believe our
partnership will extend the platform's capabilities to manage and
preserve assets."
About Zaio Corporation
Zaio provides customers in the
property valuation, underwriting and lending industries with
real-time access to certified appraisal reports from the company's
patented database of proactively maintained residential property
evaluations prepared by licensed appraisers across the United
States. Visit the company online at zaio.com.
About the Keylink Family of Companies
The KeyLink
Family of Companies has been assisting financial institutions with
the acquisition, valuation, management and timely disposition of
real estate assets for over a decade. Our primary goal from
inception was to create innovative processes that would result in a
better overall consumer experience while meeting or exceeding our
client's performance and execution expectations.
KeyLink was founded on the belief that there will always be ways
to improve results through the implementation of new and innovative
practices. Today, we continue to deliver "Service Beyond Borders"
for some of the largest companies in the world. Visit
www.gokeylink.com for details.
Neither the 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.
This news release does not constitute an offer to sell or
a solicitation of an offer to buy and 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.
Certain information in this press release is
forward-looking within the meaning of Canadian securities laws as
it relates to anticipated events and strategies. When used in this
context, words such as will, anticipate, believe, plan, mandated,
intend, target, and expect or similar words suggest future
outcomes.
Forward-looking information in this press release,
includes, among other things, information relating to: any
applicable approvals required in order to complete the
consolidation, subdivision and/or name change, which may include,
but is not limited to, the approval of the TSX Venture Exchange and
approval by the shareholders of Zaio.
These statements are based on certain assumptions and
analyses made by the Company in light of its experience, current
conditions and expected future developments and other factors it
believes are appropriate. The material factors and assumptions used
to develop these forward-looking statements include, but are not
limited to the ability of the Company to obtain regulatory and
shareholder approvals.
Readers are cautioned not to place undue reliance on any
such forward-looking statements, which speak only as of the date
made. Forward-looking statements are provided for the purpose of
providing information about management's current expectations, and
plans relating to the future. Readers are cautioned that such
information may not be appropriate for other purposes. Zaio does
not undertake or accept any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
to reflect any change in Zaio's expectations or any change in
events, conditions or circumstances on which any such statement is
based, except as required by law.
SOURCE Zaio Corporation