Relocation.Com Bolsters User Content, Functionality With New Terabitz Partnership

NEW YORK – July 23, 2008 – For consumers who are exploring their real estate options in today’s tough housing climate, being well informed and having a solid, comprehensive plan are more important than ever before. To help consumers make smart decisions before, during and after their property purchase, Relocation.com, the leading online consumer resource for moving services, today announced a strategic partnership with Terabitz.com, a fully customizable online resource for people evaluating a real estate transaction. This partnership enables both Relocation.com and Terabitz.com to reach new audiences by broadening each company’s portfolio of online tools, content and functions.

Partner content will be available from each site beginning in August. Relocation.com’s moving quote tool will be integrated within the Terabitz.com platform, enabling users to get free quotes from quality moving professionals and related service providers in preparation for their upcoming move. Relocation.com users will have access to Terabitz.com’s local neighborhood information such as schools, restaurants, crime and safety statistics, service providers, market research, financial tools through a robust “Explore Your Neighborhood” widget on the Relocation.com site. Additionally, users can get involved in Terabitz.com’s platform and community where they can share their housing preferences and findings with friends and family, as well as notify them of the local market service providers that are helping them through the process.

“Buying real estate can be overwhelming for consumers, and the prospect of packing up, moving and adapting to a new neighborhood only adds to the stress,” said Greg Hebner, CEO, Relocation.com. “By partnering with Terabitz.com, Relocation.com is helping consumers gain access to valuable neighborhood information to better plan their move, helping to make the move process easier and less stressful for consumers.”

“Through this partnership, we can further expand our Terabitz platform to reach the online consumers at Relocation.com. The addition of their services further enhances the Terabitz platform providing additional valuable service for Terabitz users.” said Ashfaq Munshi, CEO, Terabitz.

About Relocation.com

Relocation.com is the largest online marketplace connecting consumers who are moving locally, nationally or internationally with professionals that can best service their needs. Working with many leading moving and storage companies, Relocation.com provides free quotes from quality, professional companies who can service consumers during their upcoming move. It is focused on helping make the relocation process easier and less challenging for the 40 million people moving each year. Relocation.com offers comprehensive information, tools and resources to help consumers compare, connect and learn about products and services from hundreds of relevant providers. The company was founded in 2000 by online moving industry pioneer, chairman Sharon (Ron) Asher, and is based in New York. For more information, visit www.relocation.com.

About Terabitz

Terabitz is the most complete resource online for consumers evaluating a real estate transaction. Property listings, neighborhood highlights, local market data, and local service providers can be accessed, stored, and shared with friends and family, as well as real estate agents and other providers. The platform is flexible, fun, and helps every consumer make smart decisions before, during, and after the property transaction. Palo Alto, California-based Terabitz was founded in 2006 by father and son Ashfaq and Kamran Munshi. The company is funded by Tudor Capital, part of the Tudor Hedge Fund family. For more information, please visit www.terabitz.com.

Media Contacts:

Debra Hotaling
Fleishman Hillard
310.482.4273
debra.hotaling@fleishman.com

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