Released on: February 27, 2008, 8:43 am

Press Release Author: ITema, Inc.

Industry: Real Estate

Press Release Summary: Company to Offer New RealtyMagic Solution to 12,000 Members,
City-Wide


Press Release Body: NEW LONDON, CT -- ITema, Inc., a leading provider of dynamic Web
sites and associated on-line productivity tools for the do-it-yourself business
owner, and ResidentialNYC.com, the public listings portal recently launched by the
Real Estate Board of New York (REBNY), have entered into a preferred supplier
agreement.

Under the terms of the agreement, ITema will offer REBNY members its leading-edge
real estate solution, RealtyMagic. The solution will be jointly marketed by ITema
and REBNY.

ITema's RealtyMagic offering was specifically designed to deliver the benefits of
professional-looking, highly-functional Web sites along with easy-to-use e-mail,
domain name registration, site hosting and prospect-tracking solutions to those
realty organizations lacking internal IT resources, The solution will allow REBNY
members to launch and administer their own Web site, while providing the benefits of
anytime, anywhere lead tracking, centralized, commercial-grade email and secure
domain hosting.

"We are pleased to provide REBNY, a widely-recognized, innovative leader throughout
the New York metropolitan area, with a solution that will easily and economically
allow their membership to enhance the overall value and performance of their realty
operations," said Tim Houchin, Vice President of Business Development at ITema, Inc.
"We provide the tools traditionally reserved for large firms with a multitude of IT
resources which will result in REBNY's membership delivering more efficient customer
care, reduced operating and administration costs and more easily facilitated listing
management."

\"As part of our continuing commitment to provide both REBNY and ResidentialNYC.com
members and their clients with the utmost in service, convenience and
professionalism, we are delighted to have ITema as a preferred supplier,\" said
Steven Spinola, REBNY President. \"Their easily-deployed, dedicated service will
enable member firms to quickly launch new Web sites, and thus add their listings to
ResidentialNYC.com."

ITema's RealtyMagic solution will be offered to all REBNY members at special
"association" pricing which includes waiving of all applicable set-up fees and a 10%
discount on the monthly fee. In addition, the Company will offer REBNY members that
are not brokers, such as attorneys, accountants, financial service companies,
insurance agents, architects, contractors, etc., special pricing on its small
business solution that features all the Web site, e-mail, lead tracking, and hosting
services found in RealtyMagic, but with Web site templates and management tools
specifically designed for non-realty business owners. All ITema solutions are
designed so that deployment and configuration are accomplished in minutes. Members
will be provided with a code to receive the discounts.

About RealtyMagic

RealtyMagic is available in three levels to suit independent agents, small brokers
or larger brokers with many agents. All RealtyMagic solutions provide a wide choice
of professionally designed and fully customizable Web site templates that feature
editing capabilities requiring no programming skills, spam- and virus-filtered
e-mail with a unique business domain name, rock-solid, highly-secure site hosting, a
professional lead-tracking system, and an intuitive management interface to simplify
deployment, navigation and maintenance of the entire integrated system. Further, the
lead tracking system is fully integrated within the solution to eliminate duplicate
data entry between applications. Everything works together in minutes, and no IT
staff or skills are required.

Agents and brokers can sign-up for RealtyMagic using a simple form at the
RealtyMagic.com Web site, and can be fully operational with a complete solution
deployed in minutes.

About The Real Estate Board of New York

The Real Estate Board of New York is the city's leading real estate trade
association with more than 12,000 members. REBNY represents major commercial and
residential property owners and builders, brokers and managers, banks, financial
service companies, utilities, attorneys, architects, contractors and other
individuals and institutions professionally interested in the City's real estate.
REBNY is involved in crucial municipal matters including tax policy, city planning
and zoning, rental conditions, land use policy, building codes and legislation. In
addition, REBNY publishes reports providing indicators of market prices for both the
residential and commercial sectors.

About ITema

Headquartered in New London, CT, ITema, Inc., is a leading provider of low-cost,
dynamic Web sites and associated productivity tools for the do-it-yourself business
owner. Dedicated to meeting the needs of often-ignored small businesses looking to
more fully exploit the power and potential of the Internet without the reliance on
internal IT resources, ITema is a new type of Software as a Service (SaaS) provider
whose focus and mission is to level the competitive playing field by making small
businesses look and perform like big ones through easily deployed and managed Web
sites; CRM systems, professional web hosting and browser-based, spam-filtered
e-mail. All fully synchronized and integrated to work in perfect harmony. For
additional information, please visit www.itema.com.


ITema and RealtyMagic are trademarks of ITema, Inc. Other company, brand and product
names referenced herein may be trademarks or registered trademarks of their
respective owners.

-30-


Web Site: http://www.realtymagic.com

Contact Details: Bill Jones
ITema, Inc.
70 Howard St.
New London, CT 06320
bjones@itema.com
866-442-5000