Press Release

Press Release

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December 9, 2019 at 11:52 AM EST

FOREWARN Partners with Des Moines Area Association of REALTORS®

Iowa-based Association contracts to make FOREWARN services available for its 2,400+ REALTOR® members to promote proactive agent safety

BOCA RATON, Fla.--(BUSINESS WIRE)--Dec. 9, 2019-- FOREWARN, LLC, a red violet company (NASDAQ: RDVT), and the leading provider of real-time information solutions for real estate agents, today announced that the Des Moines Area Association of REALTORS® (“DMAAR”) has contracted to make FOREWARN® services available for the 2,400+ REALTOR® members it serves in an effort to promote proactive real estate agent safety.

Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with the ability to mitigate risks by verifying identity, searching for criminal histories, and validating information provided by potential clients such as financial and asset information -- using just a phone number. FOREWARN allows agents to properly and safely plan for showings with a higher level of confidence.

The FOREWARN services purchased by DMAAR will be available to DMAAR’s entire 2,400+ real estate agent membership at no additional cost to individual agents.

“Safety is a top priority for us,” said Cindy Pelz, CEO of the Des Moines Area Association of REALTORS®. “We are thrilled to be taking a monumental step forward in the safety of all our member-agents by providing them with FOREWARN. This is a powerful, proactive tool that will help our members quickly verify who they are working with, allowing them to operate with a higher level of safety and intelligence.”

On December 9, 2019, existing DMAAR members will receive specific instructions on how to move forward with activating their FOREWARN subscription.

All other real estate agencies and agents can learn more about FOREWARN at www.forewarn.com.

About FOREWARN®

At FOREWARN, we bring knowledge to the real estate industry through innovative solutions to ensure safer engagements and smarter interactions. Leveraging powerful analytics and a massive data repository, our solutions enable real estate professionals to gain real-time knowledge, for purposes such as verifying identity, searching for criminal histories, and validating information provided by potential clients such as financial and asset information. Risk assessment and due diligence at your fingertips™.

RELATED LINKS: www.forewarn.com

About red violet®

At red violet, we believe that time is your most valuable asset. Through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our clients can spend their time on what matters most - running their organizations with confidence. Through leading-edge, proprietary technology and a massive data repository, our analytics and information solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. We empower clients across markets and industries to better execute all aspects of their business, from managing risk, recovering debt, identifying fraud and abuse, and ensuring legislative compliance, to identifying and acquiring customers. At red violet, we are dedicated to making the world a safer place and reducing the cost of doing business. For more information, please visit www.redviolet.com.

FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations, including whether FOREWARN will address real estate agent safety and whether FOREWARN will provide the membership of the Des Moines Area Association of REALTORS® a resource to quickly verify who they are working with, allowing them to operate with a higher level of safety and intelligence. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading “Forward-Looking Statements” and “Risk Factors” in red violet’s SEC Filings. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Source: FOREWARN, LLC

Investor Relations Contact:
Camilo Ramirez
Red Violet, Inc.
561-757-4500
ir@redviolet.com