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OneMove Technologies sees 60% revenue growth in March

Vancouver's OneMove Technologies Inc. (TSX-V:OM), which sells a web-based real estate transaction platform, announced that March 2010 revenue increased 60% compared to March 2009.

Vancouver's OneMove Technologies Inc. (TSX-V:OM), which sells a web-based real estate transaction platform, announced that March 2010 revenue increased 60% compared to March 2009.

Revenue was $168,000 and the company said in a release that 14 firms joined its online network last month.

More than 380 real estate firms use OneMove's e-conveyance platform to share information without having to fax, scan, e-mail or re-create files.

President and CEO Martin Johnson attributed an increase in membership growth during the last three months to the viral impact of members referring non-members to OneMove's network.

Growth in membership drove transactional volume to 5,480 transactions in March 2010 compared to 3,640 in March 2009.

The company's corresponding daily average revenue from transactions increased to $7,100 a day from $4,700 a year ago.

OneMove's share price during the past week remained at $0.08; 52-week high: $0.10; 52-week low: $0.03.