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News Release Vancouver, BC

RESAAS Appoints Enterprise Software Veteran to the Board of Directors

RESAAS Services Inc., a cloud-based social business platform for the real estate services industry, is pleased to announce the appointment of Pierre Chadi to the company’s board of directors, effective immediately.

Mr. Chadi spent 19 years with Microsoft Canada in different leadership roles in Montreal, Toronto and Ottawa. In his position of Eastern Region director, Mr. Chadi was responsible for enterprise software sales in Eastern Canada.

Mr. Chadi is an accomplished bilingual senior executive with over 30 years of leadership experience in IT enterprise sales and marketing covering hardware, software, business solutions, and SAAS cloud offerings, and over 20 years of active angel investor experience.  He is the former VP of Investments of Anges Québec Capital, where he oversaw an $85M fund and put in place a team of investment professionals to manage a portfolio of 30 early stage investments.

An electrical engineer with a degree from McGill University and an MBA from the University of Ottawa, Mr. Chadi is active in his community and serves as treasurer for Cybercap, a non-profit organization focused on helping young adults reintegrate into the labor market through innovative multimedia programs that enhances their multimedia and IT skills.  He is a welcome addition to the growing RESAAS team.

“RESAAS is pleased to be expanding the company’s board of directors with the addition of Pierre Chadi,” commented Cory Brandolini, Chairman of RESAAS.  “As our company enters into the next phase of development, growth and expansion, it is important to continue to expand our board of directors to include someone like Pierre who brings an immense amount of experience in technology enterprise sales.”

The appointment of Mr. Chadi brings the number of directors of RESAAS to six, the others being Mr. Brandolini (Chairman), Tom Rossiter (President and CEO), Cameron Shippit (CFO), Adrian Barrett and J. Chris Morgando.

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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