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| Press Release

RESAAS Appoints Veteran Finance Executive to Director of Finance Role

VANCOUVER, BC / ACCESSWIRE / October 4, 2017 / RESAAS Services Inc. (CSE: RSS; OTCQX: RSASF), a cloud-based social business platform for the real estate services industry, is pleased to announce the appointment of Chris Wong as the company's new Director of Finance, effective immediately.

Mr. Wong holds an MBA from Queen's University in Kingston Ontario, Canada, and is a designated Chartered Professional Account (CPA) and Certified Management Accountant (CMA). Over Mr. Wong's 20-year career, he has held management positions in both private and public companies as Director of Finance, VP Finance, and Chief Financial Officer.

Most recently, Mr. Wong was Vice President of Finance at a technology company with offices in Victoria, BC, Vancouver, BC, and New York, NY, where he led restructuring after a private equity investment to double revenue year-over-year whilst reducing operating costs over 10%. Prior to this position, Mr. Wong held the role of CFO for 7 years at a successful e-commerce company.

Mr. Wong also held a Vice President of Finance position at a publicly traded mining company. Prior to this role, Mr. Wong was Director of Finance at, where he constructed a team that supported revenue growth by 10x over a 3-year period, ultimately leading to its acquisition by NASDAQ-listed in 2003.

''RESAAS is pleased to be expanding the company's management team once again with the addition of Chris Wong as Director of Finance,'' said Tom Rossiter, CEO of RESAAS. ''We are committed to executing on our corporate plan to put in place the best talent available to us as RESAAS' growth rate increases. Chris' background in technology-focused finance positions, significant public markets experience and successful track record in financial progression is a key benefit to RESAAS at our current and exciting stage of rapid growth.''

The appointment of Mr. Wong continues the recent pattern of expanding RESAAS' management team, bringing more expertise and focus to sales operations and financial growth in accordance with the company's corporate objectives.

About RESAAS Services Inc.

RESAAS is a cloud-based social business platform built for the real estate services industry. RESAAS brings proprietary real-time technology into the business of real estate and transforms how real estate listing data flows between real estate agents, brokers, associations, and MLSs. Visit

On Behalf of RESAAS,

Danielle Sissons
VP Operations
RESAAS Services Inc.
Telephone: (604) 558-2929; Email:

Investor Relations
Scott Young
RESAAS Services Inc.
Telephone: 1 (705) 888-2756; Email:

The CSE has not reviewed, approved, or disapproved the content of this press release.

Forward-Looking Information:

This press release and the RESAAS website referenced herein contain forward-looking information within the meaning of Canadian securities legislation, including but not limited to statements regarding the company's technology platform. The forward-looking information is based on certain key expectations and assumptions made by RESAAS' management, including future plans for the design and development of the company's technology platform.

Forward-looking information is subject to risks, uncertainties and other factors, many of which are outside of the company's control that could cause actual results to differ materially from the results discussed in the forward-looking information. Although RESAAS believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on such information because RESAAS can give no assurance that it will prove to be correct. The forward-looking information contained in this press release is made as of the date of this press release. RESAAS disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE: RESAAS Services Inc.