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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Sun., Jun. 20, 3:06 AM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #21. Zaio Corporation Axis Appraisal Management Solutions

Acquirer: Zaio Corporation (ZAO.CA)
Acquiree: Axis Appraisal Management Solutions
Details: Zaio Corporation (TSXV: ZAO), ("Zaio" or "the Company"), is pleased to announce that it has entered into a letter of intent agreement (LOI) with Axis Appraisal Management Solutions ("Axis"), in which it has offered to acquire Axis for US$3.25 million in cash and 17 million common shares of Zaio, subject to due diligence and regulatory approvals.

Clarocity is engaged in the development and maintenance of a secure database of site-verified photos, property information and appraisals in cities throughout the United States. Co. focuses on service and technology solutions. Co. licenses its database and technology to appraisers who inspect, and appraise cities, one home at a time using its proprietary "GeoScore™" rating system. All data is stored in its appraiser verified valuation database.

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Company Name: 
Clarocity Corp
Application Software

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Information Technology Services M&A - Slide 21 of 100 Page |

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