RESAAS Announces Director Changes

VANCOUVER, BC / ACCESSWIRE / December 18, 2017 / RESAAS Services Inc. (CSE: RSS, OTCQX: RSASF), a cloud-based social business platform for the real estate services industry, is pleased to announce the appointment of Taylor Thoen and Simon Bodymore to the company's Board of Directors, effective immediately. Ms. Thoen and Mr. Bodymore replace long-standing directors Cameron Shippit and J. Chris Morgando, although Mr. Shippit will continue to act as the company's Chief Financial Officer.

Ms. Thoen is a dynamic entrepreneur. She's the CEO and founder of BTV – Business Television, the long-running TV show in Canada since 1998. She's also the CEO and founder of CEO Clips, ninety-second video clips of CEO's pitch to investors distributed on TV and financial sites. Ms. Thoen has many accolades and accomplishments including one of the top female entrepreneurs in Canada, Profit's Top 100 Fastest Growing Companies, as well as Business in Vancouver's Top 40 under 40. Ms. Thoen is also passionate about real estate and is a co-owner of a firm with over 100 rentals in its portfolio.

We would also like to welcome Mr. Simon Bodymore to our Board. Mr. Bodymore is the Chief Financial Officer of Tasktop Technologies Incorporated, a Vancouver based leading global supplier of integration software for developer tools. Prior to this, he was CFO of Wurldtech Security Technology (acquired by GE) as well as CFO of PNI Digital Media. His professional career also included being a senior manager with PricewaterhouseCoopers in Vancouver and Dublin, Ireland.

"On behalf of the entire Board and management, we would like to welcome Ms. Theon and Mr. Bodymore to RESAAS," said Rob Bakshi, Executive Chairman at RESAAS. "We would also like to extend our sincere thanks to Mr. Shippit and Mr. Morgando for serving on the Board and helping RESAAS develop a unique and disruptive technology platform for the real estate industry."

About RESAAS Services Inc.

RESAAS is a cloud-based social business platform built for the real estate services industry. RESAAS brings proprietary real-time technology into the business of real estate and transforms how real estate listing data flows between real estate agents, brokers, associations, and MLSs. Visit www.resaas.com.

On Behalf of RESAAS

Danielle Sissons
VP Operations
RESAAS Services Inc.
Telephone: (604) 558-2929; Email: danielle.sissons@resaas.com

Investor Relations

Scott Young
RESAAS Services Inc.
Telephone: 1 (705) 888-2756; Email: scott.young@resaas.com

The CSE has not reviewed, approved, or disapproved the content of this press release.

Forward-Looking Information:

This press release and the RESAAS website referenced herein contain forward-looking information within the meaning of Canadian securities legislation, including but not limited to statements regarding the company's technology platform. The forward-looking information is based on certain key expectations and assumptions made by RESAAS' management, including future plans for the design and development of the company's technology platform.

Forward-looking information is subject to risks, uncertainties and other factors, many of which are outside of the company's control that could cause actual results to differ materially from the results discussed in the forward-looking information. Although RESAAS believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on such information because RESAAS can give no assurance that it will prove to be correct. The forward-looking information contained in this press release is made as of the date of this press release. RESAAS disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE: RESAAS Services Inc.