CARLSBAD, CA, Dec. 5, 2017 /CNW/ - Clarocity Inc. a subsidiary
of Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the "Company" or
"Clarocity") and CIS Group have entered into a strategic
collaboration arrangement with the intent to expand field services
to support the next-generation of real estate valuation.
"We're pleased to announce this strategic alliance between CIS
Group and Clarocity," said Shane
Copeland, CEO of Clarocity Corporation. "The synergies that
will be developed through a partnership with one of the most
successful insurance claims and inspection services companies
cannot be overstated. Not only will it expose Clarocity products
and services to the insurance industry, CIS' expertise with field
services and repair costs analysis will allow us to deliver
revolutionary new solutions for our banking clients."
"CIS Group is excited to partner with Clarocity," said
Ballard Castleman, CEO of the CIS
Group of Companies. "This is a great opportunity to leverage
our nationwide field presence in tandem with the valuation industry
expertise and leading edge technology of the Clarocity
team."
As part of this strategic arrangement, Clarocity and CIS Group
intend to focus their combined expertise to develop new solutions
that merge the real estate valuation expertise with in-depth
knowledge of real estate inspection, repair and remodelling
costs.
About Clarocity Corporation
Clarocity Corporation (formerly known as Zaio Corporation)
provides real estate valuation technologies to deal with today's
dynamic housing market through its proprietary valuation solutions.
Every day GSE, banking, and investor clients rely on our
proprietary solutions to fund loans and value assets. As a fully
integrated technology and valuation services company, Clarocity
provides unparalleled insight into their real estate business
assets. For more information, visit www.clarocity.com.
About CIS Group
Headquartered in Southlake,
Texas, with inspectors and adjusters in all 50 states, CIS
Group has overseen the completion of over 21 million field
underwriting and claim transactions since 1996. Whether
clients seek a traditional "feet on the street" approach or risk
management strategies that leverage emerging technologies, CIS
offers solutions that are fast, accurate and valuable. For
more information, visit www.cisgroup.net.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release does not constitute an offer to sell or
a solicitation of an offer to buy and of the securities in
the United States. The securities
of the Company will not be registered under the United States
Securities Act of 1933, as amended the U.S. Securities Act, and may
not be offered or sold within the United
States or to, or for the account or benefit of U.S. persons
except in certain transactions exempt from the registration
requirements of the U.S. Securities Act.
The Company believes that the expectations reflected in
this news release are reasonable but actual results may be affected
by a variety of variables and may be materially different from the
results or events predicted in the forward-looking statements.
Readers are therefore cautioned not to place undue reliance on
these forward-looking statements. In evaluating forward-looking
statements readers should consider the risk factors which could
cause actual results or events to differ materially from those
indicated by such forward-looking statements. These forward-looking
statements are made as of the date hereof and unless otherwise
required by applicable securities laws, the Company
does not intend nor does it undertake any obligation to
update or revise any forward-looking statements.
SOURCE Clarocity Corporation