TMCnet News
iLOOKABOUT Announces Renewal of MPAC Agreement for Municipal Connect™ ApplicationTORONTO, Nov. 22, 2017 (GLOBE NEWSWIRE) -- iLOOKABOUT Corp. (TSXV:ILA) (“iLOOKABOUT” or “the Company”) today announced that the Municipal Property Assessment Corporation (“MPAC”) has executed a multi-year renewal to its agreement with iLOOKABOUT to host and manage MPAC’s Municipal Connect platform (“Municipal Connect”) which is used by Ontario municipalities to access detailed property and assessment related information in their jurisdictions. Municipal Connect supports thousands of users from Ontario’s 444 municipal jurisdictions to support the delivery of MPAC’s data to its municipal stakeholders. On the Municipal Connect platform, iLOOKABOUT has integrated MPAC’s assessment data with iLOOKABOUT’s street level imagery, aerial imagery and spatial analytics. Financial terms of the agreement were not disclosed. “Municipal Connect is a current core offering within the suite of products that we have implemented for MPAC and this multi-year renewal reinforces our long-term relationship while solidifying future cash flow generation,” said Laurence Rose, iLOOKABOUT’s Chief Executive Officer. “The multi-year renewal of our services agreement with MPAC regarding Municipal Connect validates the utility of our comprehensive analytical tools designed to assist municipalities to access MPAC data,” stated Jeff Young, iLOOKABOUT’s Prsident. About MPAC About Municipal Connect About iLOOKABOUT iLOOKABOUT’s common shares are traded on the TSX Venture Exchange under the symbol ILA. 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. Contact: Laurence Rose Chief Executive Officer [email protected] 1 (647) 920-6383 Jeff Young President [email protected] 1 (519) 671-2188 |