Released on = May 25, 2007, 5:12 am

Press Release Author = Tom Dibaja / Properazzi

Industry = Real Estate

Press Release Summary = Properazzi - the property search engine - won last night the
Third Place award in a contest to find Europe's most innovative online technology
start-ups.

Press Release Body = Properazzi - the property search engine - won last night the
Third Place award in a contest to find Europe's most innovative online technology
start-ups. The international contest, Startup 2.0, organised by a group of Spanish
entrepreneurial and financial organisations, received hundreds of submissions from
innovative young companies across Europe. The submissions were judged in three
stages by both the internet user community at large and a jury of influential
European online technologists, including French blogger Loïc Le Meur and
entrepreneur Martín Varsavsky.

Properazzi CEO Yannick Laclau said: "We're honoured to have won this accolade, and
more importantly, very excited to see that the use of cutting-edge online technology
in a traditional industry such as real estate has received such recognition.
Europe's consumers want innovation and greater transparency in real estate, and
we're excited to be at the centre of this transformation."

Properazzi's crawler-based search engine technology indexes property listings from
over 6,600 real estate agency sites across Europe, and allows users to access
property information in all European languages and currencies. Properazzi's novel
approach has won praise in both technology and real estate circles worldwide.

[ENDS]


NOTES FOR EDITORS

 Properazzi (http://www.properazzi.com) - the property search engine - was
launched in March 2007 and now lists 1.8 million sale and rental properties in 45
European countries. It allows users to search for properties in any European
language and currency. Properazzi is based in Barcelona, Spain, and is funded by
Mangrove Capital Partners (http://www.mangrove-vc.com).

 The Startup 2.0 contest (http://www.startup2.eu and http://blogak.org) was
organised by Spanish social networking company Alianzo (http://www.alianzo.com),
Basque Country regional development agency SPRI (http://www.spri.net), and leading
Spanish bank La Caixa (http://www.lacaixa.es). In the first round of the contest, a
technical committee and the user community at large selected 15 finalists from
hundreds of submitted companies. Five finalists were then selected for a final
presentation and face-off in Bilbao, Spain, held on 24th May.


MEDIA CONTACT

Tom Dibaja, Outreach Specialist
Properazzi - the property search engine
Gran Via 669 bis 4-2, 08013 Barcelona, Spain
Direct tel: +34 696 025 284
Email: tom.dibaja@properazzi.com
Skype: tdibaja



Web Site = http://www.properazzi.com

Contact Details = Tom Dibaja, Outreach Specialist
Properazzi - the property search engine
Gran Via 669 bis 4-2, 08013 Barcelona, Spain
Direct tel: +34 696 025 284
Email: tom.dibaja@properazzi.com
Skype: tdibaja