Press Release

Press Release

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March 27, 2020 at 8:30 AM EDT

FOREWARN Partners with West USA Realty

Arizona-based brokerage contracts to make FOREWARN services available for its 3,000 real estate agents to promote proactive safety

BOCA RATON, Fla.--(BUSINESS WIRE)--Mar. 27, 2020-- FOREWARN, LLC, a red violet company (NASDAQ: RDVT), and the leading provider of real-time information solutions for real estate agents, today announced that West USA Realty, one of the largest independently owned real estate firms in the state of Arizona, has contracted to make FOREWARN® services available to its 3,000 real estate agents 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.

“Agent safety is of utmost importance to us,” said Nick Weitekamp, Executive Vice President for West USA Realty. “It is a sad reality of the industry that agents, often unknowingly, face potential threats every day. We felt it was important for us to provide our agents with access to a powerful tool like FOREWARN to help them identify otherwise unknown risks so they can operate with a higher level of proactive safety and intelligence.”

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 help the real estate agents of West USA Realty identify otherwise unknown risks so they can operate with a higher level of proactive 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.

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

Source: Red Violet