News

New York, NY/Carlsbad, CA (December 19, 2007)— Adicio, Inc., the leading developer of online classified advertising solutions has announced the release of Neighborhood Information for its real estate platform.

Through a partnership with OnBoard LLC, Adicio clients can now provide their users with community profiles from cities across the nation. Those profiles include information on home values, schools, crime and safety, and places of interest.

Adicio Real Estate clients can now offer home seekers accurate, valuable community content, that will allow them to make more well-informed decisions. Home seekers have the option of researching the factors that make up or influence, the communities in which they are interested. Powerful details like population growth and density, household size and households with children, housing stability including residential turnover, housing inventory and population demographics are included. In addition, home seekers gain insight into the communities that are likely to have higher quality schools through the analysis of the social and economic conditions of the community using the available education, employment and income statistics. Neighborhood Information also identifies crime and safety statistics, and allows the home seeker to compare those statistics to other communities, or the national average.

The Comparative Community feature enables users to compare the characteristics of two communities by population demographics, weather, income, crime and safety, and education statistics. The Cost of Living feature makes it possible to quickly compare the average cost of living between two desired communities.

In addition to the in-depth features of the basic version, Adicio real estate clients may also offer an enhanced version of Neighborhood Information that includes property sales transaction reports (home sales trends) as well as listings of and maps to nearby establishments, including local shopping, dining, attractions, and other services.

“This partnership helps us utilize OnBoard’s data and technology to provide home seekers with insights into detailed population, education, financial, environment, and crime information on over 30,000 communities nationwide,” says Lee Itzhaki, General Manager - Real Estate, Adicio. “These types of partnerships provide additional value to our clients and their users while enhancing our robust real estate platform.”

“This is a natural partnership as Adicio enables us to expand our reach to their award-winning client base of newspaper, broadcast and media companies and provide millions of online home buyers and sellers with valuable, accurate and detailed community information,” says Marc Siden, OnBoard’s CEO.

About OnBoard, LLC

OnBoard LLC transforms information on homes, communities, schools and people into powerful solutions that support informed decisions. Experts in data aggregation, standardization, distribution and integration, OnBoard offers innovative Web tools, services and comprehensive local, regional and national information. A privately held information solutions company based in lower Manhattan, OnBoard cleans and packages complex data for smooth implementation and seamless integration. For more information, please visit www.onboardllc.com.

About Adicio, Inc.

Adicio develops interactive classified advertising software solutions for the careers, real estate, and motors markets, which serve the Internet’s leading media companies and web portals. With its award-winning technology and enterprise-class software platforms, domain expertise, and customer service, Adicio delivers a private-label application that seamlessly integrates within online classified advertising offerings, enabling clients to retain their brand while building and managing their online classified efforts. Clients can deploy Adicio’s software as a turnkey solution or customize Adicio’s application to leverage existing brand strategy and support online sales and marketing objectives.

 

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