| |
ski properties for sale in the alps les arcs
News and Information Article
CALGARY, Dec. 4 /-FirstCall/ - Zaio Corporation (TSX-V:ZAO)
announced that its November sales results vastly exceeded expectations.
"Despite hosting fewer sales presentations in November due to the
Thanksgiving holiday in the USA, Zaio was still able to exceed its sales
forecasts by selling 125 licenses generating approximately $1.0 million in
the month of November," stated Zaio CEO Thomas Inserra.
Summarizing Zaios results in November, Inserra said: "Both lenders and
appraisers have been asking us to aggressively expand our operations
throughout the United States as quickly as possible. We have responded to
this demand by accelerating our sales activities. November represents the
fourth consecutive month of record breaking sales volumes, and significant
excess cash flows. Zaio has now successfully sold more than 450 licenses
during 2006 and acquired long-term customer relationships in more than 170
cities across the United States."
Rod Mitton, Zaios CFO stated: "With monthly expenditures significantly
less than the Companys monthly cash flow, we have been able to accumulate
more than sufficient cash reserves to fuel our rapid January and February
deployment involving the initiation of photography, inspection and
appraisal of virtually every home the cities where Appraisal Zones have
been sold."
Brad Stinson, Founder of Zaio stated: "In order to meet unexpected high
levels of demand, we are no longer requiring that Appraiser customers wait
until we visit their city to learn more about Zaios solutions. Appraisers
are now able to come to an on-line interactive webinar which permits many
more individuals from around the country to simultaneously participate via
the internet. To participate in Zaios upcoming webinars simply visit:
http://www.zaio.com and go to the "Appraiser" tab to obtain the conference call
instructions."
About Zaio: Zaio is a public corporation that trades under the symbol
"ZAO"on the TSX-V exchange in Canada and additional information is
available for USA investors under the symbol "ZAOFF". Zaio and its network
of premiere, local appraiser experts photograph and appraise entire cities,
one building at a time from the street. It is the only known company in the
world that develops and maintains a site-verified database of photos,
valuations, and property information of virtually every property in entire
cities, using a proprietary "GeoScore" property rating system. For more
information visit http://www.zaio.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking statements which may
include financial and business prospects, as well as statements regarding
the Companys future plans, objectives or economic performance and
financial outlooks. Such statements are subject to risk factors associated
with the real estate industry, and the overall economy in both Canada and
the United States. The Company believes that the expectations reflected in
this press 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 to reflect subsequent information, events,
results or circumstances or otherwise.
s.server=server()
s.channel="News Release"
s.pageName="Zaio November Sales Exceed Expectations"
s.prop2="109"
s.prop3="12-04-2006"
s.prop4=""
s.prop5=""
/************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/
var s_code=s.t();if(s_code)document.write(s_code);
| |
|
|
 |
ski properties for sale in the alps les arcs |
|
|
|
|
|
|
|
|
|
Locations
