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Domania Boosts Size of Home Sales Database; Adds 3 Million Records

Launches Vermont Coverage

Domania, a Financial Services Software and Marketing Company for the Real Estate, Mortgage and Insurance Industries, Increases Its Home Sales Database to Over 26 Million Records

BOSTON--(BUSINESS WIRE)--July 5, 2001-- Domania announced today that it has added 3 million records to its Home Price Check (HPC) database since the beginning of the year, making HPC currently the most comprehensive online resource for home sale prices in the U.S. even better. Domania's Home Price Check includes more than 26 million records and covers 83% of available data in the U.S.

``We've got six times the number of records as our nearest competitor, and our coverage is unmatched on the Web,'' said Steve Kropper, CEO of Domania. ``We devote considerable resources to acquiring, processing, and upgrading the quality of our data, and ensuring that we're the best source for accurate home prices.''

The most recent data acquisition-almost half a million records-includes the addition of the entire state of Vermont, continuing Domania's commitment to add new state records as they are made available to the public. Domania also increased its coverage in Washington, DC by 30%. In addition, as part of its ongoing effort to upgrade its data, Domania added Spring 2001 records in 33 states, including Connecticut, Hawaii, Indiana, Massachusetts, Maryland, Missouri, New Jersey, Rhode Island, and more.

Domania's database of home sales prices, or ``comps,'' is one of the company's key competitive advantages. Domania's database and search software are free to consumers. By using these products, homebuyers and sellers can research the market and become better-educated consumers. The database and search software also allow Domania to connect with pre-move transactors in the earliest stages of the home buying and selling process. Domania's ability to identify pre-move transactors is of great value to the company's clients in the real estate, mortgage and insurance industries.

Home Price Check, the flagship product in Domania's suite of financial services and marketing software, is a proven customer acquisition and retention tool for Domania's clients. Domania identifies near-term transactors using HPC and delivers targeted, relevant product messages to them. These targeted messages regularly result in click-through rates of more than forty percent, which is approximately forty times the results of other email marketing programs.

``The growth of our database-13% over the past 6 months-demonstrates Domania's commitment to providing the best coverage of home sales on the Web, both on our site and those of our clients. Armed with this information, consumers can be sure they're buying and selling their homes for the right price. By using HPC our clients can attract and retain interested customers.'' Kropper noted.

About Domania, Inc.
Domania.com, Inc. (``Domania''), is a financial services software company that provides marketing software and products to Realtors, mortgage lenders and insurers, such as GreenPoint Mortgage. The company also operates the consumer real estate web site, http://www.domania.com, rated among the Web's top ten. Domania's Home Price Check database is distributed through such prestigious Internet partners as America Online (AOL), Dow Jones, Realtor.com, CBS MarketWatch.com, Monstermoving.com, and The Motley Fool. Based in Boston, MA, Domania was founded in 1989, as a phone-based service called INPHO, Inc. The company offered its services online as HomePriceCheck.com, and changed its name to Domania in 2000, after redesigning and enhancing its software services.

Christopher Shannon
[email protected]

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