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News Release Vancouver, BC

RESAAS Announced as Finalist at Annual Microsoft IMPACT Awards

RESAAS Services Inc., an enterprise social networking platform for real estate professionals, mortgage specialists as well as home buyers and sellers, is pleased to announce it is a finalist at the 2012 IMPACT Awards, an annual awards ceremony recognizing innovation and excellence in Microsoft Partners.

“We are thrilled to have been selected as a finalist for this year’s IMPACT Awards,” says Tom Rossiter, Chief Technology Officer at RESAAS. “We are aware of how many nominations are submitted for these awards in particular, so to receive this kind of recognition directly from Microsoft is a testament to the quality of the RESAAS Platform.”

RESAAS is one of three finalists in the prestigious “Windows Azure Platform Partner of the Year” category, which specifically recognizes exceptional software in the cloud.

“In addition to our poster-child use of the Azure cloud, we have also received great feedback on our Real Estate Q&A Windows 8 App,” Rossiter continues. “Our relationship with Microsoft allows us to continue to not only leverage emerging technologies, but also allows RESAAS to keep providing immense value to our users.”

The winners will be announced at the IMPACT Awards Gala at the Four Seasons Hotel in Toronto, Ontario on November 13th, 2012.

About RESAAS Services Inc.

RESAAS Services Inc. (TSX-V: RSS, OTCQB: RSASF) is a global real estate technology data platform connecting over 700,000 real estate professionals across 160 countries. RESAAS provides unique real estate data, international referral networks, enterprise data exchange infrastructure, and purpose-built payment rails for real estate referral fee settlement. For more information, visit corporate.resaas.com.

Forward-Looking Statements: This news release contains forward-looking statements. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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