Bamboo.com Selected by J.C. Nichols as Exclusive Provider of Virtual Tours
bamboo.com and Leading Kansas City Real Estate Company Sign Agreement to Provide 360-Degree Virtual Home Tours to Real Estate Agents
PALO ALTO, Calif.--(BUSINESS WIRE)--Oct. 7, 1999-- Bamboo.com , Inc. (Nasdaq:BAMB - news), a leading producer of 360-degree virtual home tours, announced an agreement with J.C. Nichols Residential, a premier real estate company in the Kansas City Metropolitan area.
Under the agreement, J.C. Nichols Sales Associates will use bamboo(tm) Virtual Tours exclusively on their Web site, www.jcnichols.com.
J.C. Nichols is a leader in the Kansas City real estate market. The company has over 675 agents in 17 branch offices throughout Kansas City. J.C. Nichols Sales Associates are dedicated to superior service and a tradition of excellence.
Bamboo.com's turnkey service takes only a few business days and requires no hardware or software purchases or downloads. J.C. Nichols agents only have to call the bamboo.com toll free number to order tours. Bamboo.com will take care of capturing and processing the images as well as posting the tours to the appropriate Web sites.
''We are excited about working with J.C. Nichols to bring bamboo Virtual Tours to the Kansas City real estate community,'' said Kevin McCurdy, founder of bamboo.com. ''Moreover, J.C. Nichols agents have embraced the use of virtual tours as a cutting-edge technique to market homes.''
''We have chosen to use bamboo.com's service exclusively because we value the time and effort that our agents put into each transaction,'' said Jack Frost, President of J.C. Nichols Residential. ''Bamboo.com makes it easy for us to give our clients the best service available. We believe that this new capability will give our agents a strong competitive advantage in the marketplace.''
About J.C. Nichols Residential
Established in 1905, J.C. Nichols Residential is the exclusive Southeby's affiliate in Kansas City. The firm is a leader in its market, and is committed to using technology to help its agents improve their service to their clients. J.C. Nichols has more than 675 agents in 17 branch offices in the Kansas City Metropolitan area. Its agents average more than $2 million in volume annually. J.C. Nichols' agents market new home communities as well as resale homes.
About bamboo.com
Based in Palo Alto, Calif., bamboo.com (Nasdaq:BAMB - news) is a leading provider of Internet-based 360-degree virtual tours for the real estate community. Bamboo.com maintains key relationships with major real estate Web sites and multiple listing service (MLS) providers, including HomeStore.com, REALTOR.com, HomeSeekers.com, Microsoft HomeAdvisor, HOMES.com, CyberHomes, LoopNet, Moore Data Services and GTE. As a result of these alliances, bamboo(tm) Virtual Tours can currently be viewed on America Online (AOL), Yahoo!, Microsoft Network (MSN), Excite, Netscape Netcenter, GO Network/InfoSeek, NBC, The Wall Street Journal Interactive Edition and others. Company investors include Intel Corporation, Trident Capital, the Walden Group and VantagePoint Venture Partners.
For more information about bamboo.com, visit bamboo.com or call toll free 1-888-7BAMBOO. Editors, please contact Antenna Group, Inc.: Heidi K. Zuhl at 415-977-1915, or press@bamboo.com.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. Actual results may differ materially. The matters discussed in this press release also involve risks and uncertainties described from time to time in bamboo.com, Inc.'s filings with the Securities and Exchange Commission (SEC). In particular, see ''Risk Factors'' in the Final Prospectus included in the Company's Registration Statement on Form S-1 declared effective by the SEC on August 25, 1999 (www.sec.gov). sec.gov
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