MarketLinx's TEMPO 5 Successfully Installed in Central Virginia

—“Smoothest Conversion Ever” Impresses Richmond Association of REALTORS®—


December 1, 2009, SANTA ANA, Calif.

MarketLinx, Inc., a leading provider of information technology to the residential real estate industry and a member of The First American Corporation (NYSE: FAF) family of companies, announced today that it has successfully converted the Central Virginia Regional Multiple Listing Service (CVRMLS) to its TEMPO 5 MLS system.

According to Laura Lafayette, chief executive officer of the Richmond Association of REALTORS®, the conversion was the smoothest they have ever experienced. “On behalf of the leadership, staff and more than 5,000 members of the Central Virginia Regional MLS, I want to express our appreciation for MarketLinx’s exceptional work before, during and after our conversion to TEMPO 5,” said Lafayette. “We’ve had our share of challenging conversions in the past, but together with MarketLinx, we were determined to make this conversion far better—and it was.”

Months earlier, MarketLinx worked closely with CVRMLS to determine the best timing for the conversion and identify the personnel who would work on the system, train members and visit broker offices to help prepare them for the change.

“Many members expressed to me how patient and clear the MarketLinx staff was during the training process,” said Lafayette. “Our members are happy with the system and the conversion was as close to a non-event as it could be. I would also like to commend MarketLinx personnel for their efforts in preparing our reports and coordinating the complex IT work that needed to be done.”

TEMPO 5 is the latest version of MarketLinx’s highly successful MLS software and offers many innovative enhancements, including a robust report editor, flexible prospecting engine and superior system configurability. Users can streamline routine tasks by defining personal defaults for saved searches, search results and detailed reports on a per-property-type basis. Additionally, TEMPO 5’s advanced mapping capabilities allow users to draw multiple unconnected search areas and then clearly visualize the search results using parcel, aerial and oblique map views.

“Because of the tireless efforts of the MarketLinx staff, we experienced our smoothest conversion ever,” said Lafayette.

“We are extremely pleased with CVRMLS’ successful transition to TEMPO 5,” said Ben Graboske, chief executive officer of MarketLinx. “We have worked hard to develop a seamless TEMPO 5 conversion process and our clients are clearly satisfied with the results.”

For information on MarketLinx’s full suite of real estate information technology solutions visit www.marketlinx.com.

About MarketLinx®
MarketLinx, Inc., a subsidiary of The First American Corporation (NYSE: FAF), offers a full range of products and support services to address the information technology needs of the real estate brokerage and multiple listing service (MLS) market segments. The company’s full array of capabilities streamlines the real estate listing, financing and closing processes, resulting in increased efficiency and profitability. MarketLinx provides North America’s leading MLS and real estate software systems, including solutions for broker business management, agent productivity, and MLS data aggregation and distribution. For more information, visit www.marketlinx.com.

About First American
The First American Corporation (NYSE: FAF) is a FORTUNE 500® company that traces its history to 1889. With revenues of approximately $6.2 billion in 2008, it is America’s largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people’s lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at www.firstam.com.

 The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

 

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