Mr. Gary Yeoman reports

ILOOKABOUT ANNOUNCES JOINT VENTURE WITH CHERRE

iLookabout Corp. has signed a consulting agreement with Cherre Inc., the developer of an interconnected market platform that provides residential real estate data to investors and brokerage firms.

"Real estate is by far the world's largest asset class in value, but has yet to meaningfully adapt to modern information exchange standards and trading platforms, resulting in limited accessibility, and disparate, contradictory data," said Gary Yeoman, chief executive officer of iLookabout. "Working with Cherre's technological expertise -- combined with its proprietary machine-learning application programming interface (API) -- will allow us to build the blockchain infrastructure that will democratize real estate data across North America, and capitalize on the demand for secure, integrated and accurate property information."

"This collaboration represents an important next step in the future of real estate, as we work to create a decentralized marketplace that enables all stakeholders to seamlessly transact in the market, ushering in a new era of data integrity and usage opportunities," said the chief executive officer of Cherre, L.D. Salmanson. "iLookabout's management team brings the necessary depth of insight and experience to lead the real estate industry in the development of a vital and vibrant ecosystem that will fundamentally change the way we consume and exchange information across both commercial and residential markets. We look forward to working together on this transformative initiative that will act as a catalyst for value creation -- empowering property owners and industry professionals to participate in and benefit from improved data access, enhanced surety and security, greater efficiencies, and lower costs."

The joint venture is effective immediately. iLookabout, while undertaking the blockchain initiative, will continue to provide its software, data analytics and visual intelligence services to its clients in the property assessment, property taxation, municipal, insurance and appraisal sectors.

Cherre has been engaged as a consultant of iLookabout to work collaboratively in the development of the joint blockchain initiative. Under the terms of the consulting agreement, Cherre will receive a fixed monthly fee as well as an option to purchase one million shares at an exercise price of 30 cents per share, such option vesting on mutually agreed milestones. The agreement also contains certain participation rights of each of the parties should the joint initiative result in an initial coin offering, with iLookabout retaining 70-per-cent ownership of such an initiative.

About iLookabout Corp.

iLookabout is a software, data analytics and visual intelligence company focused on real property. The company primarily serves the property assessment, property taxation, municipal, insurance and appraisal sectors, both public and private, in North America. iLookabout provides powerful data analytics to the real estate industry through its Real Property Tax Analytics software offering. The company's proprietary StreetScape imagery and real-property-focused Web-based application, GeoViewPort, unifies property-related data and enables desktop review of properties. To augment its technology-based offerings, the company provides real estate consulting services, with a focus on the property tax and valuation sectors.

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