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News Release Vancouver, BC

RESAAS Wins Prestigious Microsoft Award

RESAAS Services Inc., an enterprise social networking platform for the real estate industry, is pleased to announce it is a winner at the 2012 Microsoft IMPACT Awards, an annual awards ceremony acknowledging innovation and excellence in Microsoft Partners hosted in Toronto, Canada.

“What great recognition from Microsoft this is,” says Tom Rossiter, Chief Technology Officer at RESAAS. “To win the award in one of the most hotly contested categories is especially gratifying, and fitting recognition to the quality of work our engineering team has put into our propriety RESAAS platform.”

RESAAS was announced as the winner of the Windows Azure Platform Partner of the Year category, which specifically recognizes exceptional software in the cloud, after being nominated as finalists in October.

“It is terrific to see a company such as RESAAS receiving this kind of recognition for their adoption and use of the Windows Azure platform,” says Max Long, President of Microsoft Canada. “Tonight was a great celebration of our Canadian Technology Partners who really showcased their solutions leveraging the variety of products and services offered by Microsoft.”

“RESAAS has experienced tremendous growth since selecting Azure as our hosting provider of choice exactly 12 months ago,” Rossiter continues. “Microsoft’s cloud solution has let us scale easily as we’ve grown, and allowed us to focus on creating valuable features for our users rather than the typical growing pains normally associated with rapid growth.”

RESAAS was honored at the IMPACT Awards Gala Dinner hosted at the new Four Seasons Hotel in downtown 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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