Zaio Corporation's BPOMerge™ Product Ranked First in 2015 Testing Results by a Major U.S National Loan Servicer

Canada NewsWire

CALGARY, March 30, 2016

CALGARY, March 30, 2016 /CNW/ - Zaio Corporation (TSXV: ZAO) (the "Company" or "Zaio") announces that its U.S. subsidiary Valuation Vision, Inc. has just received positive results as part of it's 2015 BPOMerge™ performance review with a major U.S. loan servicer.

"We recently received a performance review from a large national client and our Valuation Vision products ranked number 1 among 4 competitors," stated Shane Copeland CEO of Zaio Corporation. "Our client compared the values we provided with our BPOMerge product against thousands of properties they subsequently sold in 2015. BPOMerge dominated the competition in key performance indicators measuring the credibility of values indicated."

BPOMerge was scored against competing valuation products in the largest sample to date, and led the results in two out of the three categories:

• On overall accuracy, BPOMerge led the pack with an average of 99% value estimate versus sale price. The competitors in the study performed at 89%, 93%, and 105% respectively
  
  
• When looking at individual properties, BPOMerge led with 80% of value estimates falling within the client's expectations of accuracy benchmark. Competing products performed at 73%, 57%, and 53% respectively
  
  
• In terms of overall service delivery performance, Valuation Vision ranked second against the competition with an overall average turn time of 8.7 days, having missed the top rung by less than 2 hours. Other competing turn times for single-opinion products were as high as 18.3 days

"The results of this performance review confirm that BPOMerge's multi-opinion approach and proprietary technology delivers extraordinarily credible valuation results," said Ernie Durbin, Chief Valuation Officer. "What's exceptional here is the measurement against end sale price. There is no better way to measure the credibility of a valuation product than to stand up against the price the property ultimately sells for. After analyzing thousands of properties, we are proud to say BPOMerge ranked number 1 among our competitors, including appraisals performed on many of the same properties."

About Zaio Corporation

Zaio Corporation was founded on the simple premise that current real estate valuation technologies lacked the information and technology necessary to deal with today's dynamic housing market. Zaio is disrupting an industry that was once thought not possible through its proprietary valuation solutions. Every day our GSE, banking, and investor clients rely on our proprietary solutions to fund loans and value assets. At Zaio, our mission is to ensure that our solutions provide businesses and consumers unparalleled insight into their real estate assets. For more information, visit www.zaio.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.