The National Association of Realtors® and Move, Inc. Reach Agreement Over Use Of Top Level Domains Outside The United States

CHICAGO and SAN JOSE, Calif., March 31, 2015 /PRNewswire/ -- The National Association of Realtors® (NAR) and Move, Inc. (Move) announced today that they reached agreement over the use of top level domains outside of the United States.

Accordingly, the complaint filed by NAR with the Chancery Court in Delaware on November 10, 2014 seeking clarification on this matter has been dismissed. Move's acquisition by News Corp (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) was completed on November 14, 2014.

The terms of the agreement were not disclosed. Nothing related to this matter involved or affects the operation of realtor.com®, which Move operates through an exclusive relationship with NAR.  Realtor.com® is the most accurate real estate property website in the marketplace.

The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.

About Move, Inc. and realtor.com®

Move, Inc., a subsidiary of News Corp, is a leading provider of online real estate services. Move operates the realtor.com® website and mobile experiences, which connect people to the most important and accurate information they need to find their perfect home and to the REALTORS® whose expertise guides consumers through buying and selling. As the official website of the National Association of REALTORS®, realtor.com® empowers consumers to make smart home buying, selling and renting decisions by leveraging its direct, real-time connections with more than 800 multiple listing services (MLS) via all types of computers, tablets and smartphones. In addition to the industry's most comprehensive and accurate information, Move's network of websites provides consumers a wealth of innovative tools, including Doorsteps®, Moving.com™, SeniorHousingNet^SM  and others. Move supports real estate agents and brokerages by providing many services to grow their businesses, including ListHub™, the nation's leading listing syndicator and centralized intelligence platform for the real estate industry; TigerLead®; Top Producer® Systems; and FiveStreet^SM; as well as many free services. Move is based in the heart of Silicon Valley – in San Jose, Calif. 

Forward-Looking Statements

This document contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's views and assumptions regarding future events and business performance as of the time the statements are made. Actual results may differ materially from these expectations due to changes in global economic, business, competitive market and regulatory and other factors. More detailed information about these and other factors that could affect future results is contained in News Corp's filings with the Securities and Exchange Commission. The "forward-looking statements" included in this document are made only as of the date of this document and we do not have any obligation to publicly update any "forward-looking statements" to reflect subsequent events or circumstances, except as required by law.

Media Contact: 

Lexie Puckett, Move, Inc., [email protected], 805-557-3151

Sara Wiskerchen, NAR, [email protected], 202-383-1013

SOURCE Move, Inc.

Related Links

http://www.move.com