Clarocity's March, 2017, revenue at +$1.3M

2017-04-11 09:20 ET - News Release

Mr. Shane Copeland reports

CLAROCITY CORPORATION ANNOUNCES UNAUDITED CAD $1.3 MILLION REVENUE FOR MARCH 2017

Clarocity Corp.'s unaudited revenue figure for March, 2017, exceeded $1.3-million, an 89-per-cent increase as compared with March, 2016. In aggregate, the company has reported CAD $3.3 million in unaudited revenue for the first quarter of fiscal year 2017.

"We're pleased to see that since the new management transition, our revenue continues to grow at a healthy pace," offered Shane Copeland, CEO of Clarocity. "What's most interesting about the March revenue results, is that it's not currently reflecting our most recent contractual announcements, as we're currently onboarding and ramping up those opportunities over the next few months."

"In addition to our strong performance this month and our high expectations going forward, our previously announced acquisition is already being tightly integrated into our product and technology roadmaps," Mr. Copeland continued. "We've taken the opportunity to discuss new product plans with strategic clients that have eagerly indicated their desire to pilot this robust analytical approach to their valuation processes."

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.