PR: Zaio (Zone Data Systems - USA) Expands AMC Distribution Network Nationally

Axis Appraisal Management to Distribute Zaio's Suite of Appraisal Products

CALGARY, ALBERTA, Jul 31, 2012 (MARKETWIRE via COMTEX) -- Zaio Corporation  today announced that its partner in the United States, Zone Data Systems LLC ("ZDS"), has entered into a reseller agreement with Axis Appraisal Management Solutions Inc. (Axis), a national appraisal management company (AMC), to provide direct order access to Zaio's suite of on demand appraisal products.

Based just north of San Francisco, California, Axis has a nationwide panel of certified appraisers that provides appraisal services to a large and growing list of mortgage lenders and other clients across the United States.

"Partnering with Zone Data Systems and utilizing Zaio technology provides Axis with a unique product offering in the United States," noted Ron Simmons, Director of Valuation Services & Chief Appraiser of Axis. "Zaio's product offering leverages our position in the marketplace and complements our nationwide appraiser panel, growing review service needs, and automated valuation model offerings. It gives our customers another option and additional price points by which they can do
business with Axis."

Axis joins Kirchmeyer & Associates, Veros Corporation, and Servicelink in offering Zaio products and services across the United States.

National AMCs are an important link in the property appraisal process. Local property appraisers align themselves with AMCs to gain access to a broader base of regional and national customers who may be looking for appraisal services in their area. Regional and national mortgage lenders use AMCs to route their appraisal orders to these local appraisal experts. By establishing direct order access relationships with AMCs, Zaio is able to provide the AMC's customer with an accurate, cost effective, rapid response suite of appraisal products.

"We are starting to see increased interest from the AMC community in Zaio's appraisal product suite because our database has now reached a critical mass in terms of the number of properties and the number of urban centres that we cover," noted David King, Zaio's President and CEO. "I expect Zaio's
relationship with Axis to grow as we continue to fill out the scope of our coverage, which today stands in excess of 30 million properties ready for order taking."

For further information visit www.zaio.com  .

About Zaio Corporation

Zaio provides customers in the property valuation, underwriting and lending industries with real-time access to certified appraisal reports from the Company's patented database of proactively maintained residential property valuations prepared by licensed appraisers across the United States. The

        
        Contacts:
        Zaio Corporation
        David King
        President & CEO
        (403) 984-ZAIO
 
www.zaio.com            
        Genoa Management Ltd.
        John Sadler
        (416) 594-9292