RealBiz Media Group, Inc. Announces Move to a New HTML 5 Platform for All of Its Virtual Tour Products and a New Mobile VT Application to Capture the Mobile and Tablet User

Marketwired

FORT LAUDERDALE, FL--(Marketwired - Apr 18, 2013) - RealBiz Media Group, Inc. (OTCQB: RBIZ) has announced the advanced Beta release of its new Virtual Tour (VT) technology for the real estate market. RealBiz Media has successfully moved its VT product to a totally automated system that builds tours, creates video, and automatically syndicates to popular search engine portals, including YouTube, all without any agent intervention, thus saving time and money for the Broker/Agent. The product is currently in use, in its Beta release, and will move to full release by May 7th.

"This represents a shift from the Java/Flash age to the new mobile, HTML 5 world. The new product also delivers a sleek new look and an enhanced interactive viewing experience, which provides the consumer with the opportunity to access a virtual tour on any device, at any time, from anywhere," said Philip Bliss, Chief Innovation Officer. "The new VT product has many new features. It comes in a full mobile app, and it has the only HTML 5 Panorama stitching engine."

"Over the past two years, RealBiz Media has been investing in major technology developments that, at their core, have advanced, very large scale, video processing and automated rendering as well as big data processing and management capabilities," stated Steven Marques, the company's President and CRO. "Over the next three months, RealBiz Media will be making additional announcements regarding its very large scale media processing and distribution enterprise platform."

RealBiz Media Group Inc., formerly RealBiz360, is at the forefront of real estate rich media technology enterprise applications. As one of the founding virtual tour technologies, it remains committed to improving the rich media experience and is now bringing video creation and delivery capabilities that can be easily implemented by non-technical users.

For more detail on the new product go to http://www.realbizmedia.com/internet.html.

About RealBiz Media Group, Inc.

RealBiz Media, Inc. (OTCQB: RBIZ) is a real estate media services company whose proprietary video processing technology has made it one of the leaders in providing home virtual tours to the real estate industry. Its client base includes more than 60,000 real estate agents and brokers. Through its wholly owned Home Tour Network, the company also includes a Television video on demand network and a licensed real estate brokerage division with participating brokers in 19 states. The company enjoys access to the nation's largest real estate companies with numerous approved vendors and national contracts, both key to its future development programs. When completed, the company is targeting delivery of its multimedia Video on Demand platforms to more than 70 million households along with a supporting web portal and an agent driven widget program.

Safe Harbor Statement
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

Contact:


RealBiz Media Group, Inc.
Direct: 954-888-9779
investorrelations@realbiz.com
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