February 2, 2006

WayPoint Pocket Real Estate Edition

Mobile Crossing and Pocket Real Estate are teaming up to provide a GPS navigation system with functionality designed for Real Estate Agents. Thanks to technology from Pocket Real Estate, Mobile Crossings new WayPoint Pocket Real Estate Edition combines turn-by-turn spoken directions with complete database access to the agents multiple listing service out-of-the-box.

In addition to providing driving directions to the agent, the WayPoint device doubles as a fully featured Windows Mobile PDA organizer.

This new edition of the WayPoint includes built-in mortgage, loan, home equity, loan balance, rent-versus-own analysis, and loan amortization calculators. The new QuickSearch function can locate properties by MLS number or address. The agent can queue up a number of properties at once and generate driving directions for the complete property tour. Price, location, bed, bath and other data from the MLS are provided on the screen. In addition, complete area maps allows the agent to quickly zoom out and preview an entire neighborhood before the client.

Other key real estate capabilities of the WayPoint Pocket Real Estate edition include market statistics, hot sheets, contact management and advanced prospect/client profiling. All the functionality that normally comes with the latest edition of the WayPoint remains accessible, including real time weather and traffic, access to the national maps and the ability to hold entire regions of the United States onboard without any additional memory cards.

Mobile Crossing plans to sell this special edition of the WayPoint directly to interested real estate agents. We are open to offering the product at lowered introductory prices through real estate boards, said Calvin Chu, Product Manager for Mobile Crossing. The combined WayPoint and Pocket Real Estate Package offers customized features not available on any other mobile device. It is not only an advanced GPS, but it can be used as an MP3 player, e-Book reader, photo viewer and more without having to install any software.

The WayPoint Pocket Real Estate edition literally changes the way real estate is conducted because it gives agents an incredible competitive advantage having MLS listings in their pocket updated daily, said Erick Kaneshige, President of Pocket Real Estate. The system puts the agent in control. It gives them the ability to answer clients questions immediately and to complete those to-do items now instead of adding them to a to-do list to be completed later.