Richmond, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that that it has signed a contract with OneMove™ in the UK to provide its web-based property search solution to the panel of property conveyancing law firms engaged by this company.
The electronic property search service provided by MDA will enable OneMove™'s panel of conveyancing law firms to simply log on to a OneMove™ branded website for all of their land and property search requirements.
OneMove™ is a unique new service launched this year designed to make the process of moving operate smoother for both the buyer and seller. The Company assigns a Personal Moving Consultant to the transaction who assist with a variety of services such as removal, moving, utility changes, insurance, mortgage, conveyancing, etc., and who coordinates with both buyer and seller, speeding up the whole closing process by several weeks.
"This is another example where we bring our complete property search service to the panel manager and ensure that panel members conduct their conveyancing to the quality standards required by OneMove™" said Richard Pickles, of MDA Searches in the UK. "It cements our relationship with a unique new service provider within the UK property market."
Neil Patel, Chief Executive of OneMove™, added "MDA's search service will significantly help to achieve our aim of making moving simple. We look forward to developing our relationship with MDA further."
MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.
Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of earth and space based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.
MDA employs more than 2,700 people in locations across the United States, the United Kingdom, and Canada. The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.
OneMove™ is a unique new service, created especially for the property market. Whether buying or selling OneMove™ make everything to do with the transaction run smoother and easier for everyone concerned.
This release contains forward-looking statements and information, which reflect the current view of MacDonald, Dettwiler and Associates Ltd. with respect to future events and financial performance. Any such forward-looking statements are subject to risks and uncertainties and MDA's actual results of operations could differ materially from historical results or current expectations. Additional information on these and other potential factors that could affect MDA's financial results are detailed in documents filed from time to time with the applicable Canadian securities regulatory authorities.
The Toronto Stock Exchange has neither approved nor disapproved the form or content of this release.