Agents Gone Mobile

BELLINGHAM, Wash. — June 1, 2020 — eXp World Holdings, Inc. (Nasdaq: EXPI) today announced the appointment of Felicia “Fee” Gentry to the company’s board of directors, effective May 28, 2020.

“We are excited to welcome Fee to the eXp World Holdings board as we have valued her input and ideas on a variety of topics impacting real estate agents today. We look forward to future discussions together that will help grow our businesses and enhance value for all eXp shareholders,” said eXp World Holdings Chairman, CEO and Founder Glenn Sanford.

Gentry currently is an eXp Realty agent in Texas, and co-chair and one of the original founders of ONE eXp, eXp Realty’s initiative for diversity and inclusion. She has more than 15 years of experience in the real estate industry, including being named a top local agent in her first year. Gentry also started several businesses in the rehab, fitness and sports training industries. She has a masters from Our Lady of Lake University in San Antonio where she focused on entrepreneurship and marketing.

About eXp World Holdings

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty and VirBELA.

eXp Realty, The Real Estate Cloud Brokerage, is the fastest-growing, global residential real estate company with more than 29,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.

VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.

For more information, please visit the company’s website at www.expworldholdings.com.

Connect with eXp World Holdings and its companies: https://expworldholdings.com/social

Media Relations Contact:
Cynthia Nowak
Vice president, marketing and communications, eXp Realty
360.419.5285 ext. 116
cynthia.nowak@exprealty.net

Investor Relations Contact:
Raymond “RJ” Jones
Executive Vice President, finance and growth, eXp World Holdings
360.761.4393
investors@expworldholdings.com

Pinnacle Virtual Film Studios will revolutionize the way the entertainment industry operates

LA JOLLA, Calif / Vancouver, British Columbia., May 20, 2020 – VirBELA, an immersive technology platform for business, events and education, and Appreciated Media Holdings Inc. (Appreciated Media), a multi-faceted entertainment company, today announced a partnership to build a customizable virtual film studio, Pinnacle Virtual Film Studios. Through this partnership, VirBELA and Appreciated Media are working together to develop a platform that will transform the traditional film studio backlot and make Pinnacle Virtual Film Studios a premier location for delivering content without the need for travel or physical contact.

This virtual experience will revolutionize how producers, directors, writers and actors present their projects and their talent to film, television and music companies. As a part of Pinnacle Virtual Film Studios, there will be production/office spaces, also known as bungalows, for over 50 independent film and television companies that are lining up to work with other film and television producers and collaborators, to present and screen their projects. This virtual film studio will also offer a safe place where members can learn, grow and collaborate, like they would in a physical office.

“We are so excited to collaborate with VirBELA and their team to develop the first-ever “Virtual Film Studio,” said Stephen Brown, CEO of Appreciated Media. “VirBELA’s platform and their robust features are perfect for Pinnacle, a division of Appreciated Media, to integrate the virtual film studio that we have been developing. There are many potential points of revenue within the virtual studio and now with this partnership, we hope that it will be up and running within the next 60 days.”

Pinnacle Film Studio is coming at a critical time for the film industry, which is facing a $5 billion loss as a result of the coronavirus pandemic. This new offering from VirBELA and Appreciated Media will offer tremendous value to the entertainment industry, providing unprecedented savings, while still delivering the highest level of content in film, music, television and theatrical performances.

“We are thrilled to be able to offer Appreciated Media a safe platform and community to continue their business,” said VirBELA Founder and President Alex Howland. “VirBELA allows businesses like Appreciated Media to continue to serve their community of producers, directors, writers and actors to learn, grow and collaborate in a safer environment while helping to minimize person-to-person contact.”

Some design elements of Pinnacle Virtual Film Studios will feature an old Hollywood-themed space. In addition, there will be a modern Hollywood feel throughout the bungalows, where film and television companies will conduct private interviews with the producers, writers and stars of their upcoming projects.

About VirBELA and eXp World Holdings
eXp World Holdings, Inc. (Nasdaq: EXPI) owns VirBELA and eXp Realty.

VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.

eXp Realty, The Real Estate Cloud Brokerage, is the fastest-growing, global residential real estate company with more than 29,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.

For more information, visit the company’s website at www.expworldholdings.com.

About Appreciated Media

Appreciated Media is a publicly traded, multi-faceted entertainment company based in Vancouver (TSXV: AMH) (OTCQB: WDRFF). The Appreciated Media team is extremely well-versed in a variety of entertainment delivery platforms and is fast becoming a global top-tier entertainment company.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking information and forward-looking statements (collectively, “forward-looking statements”) as such terms are defined by applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “anticipate,” “believe,” “plan,” “estimate,” “expect,” and “intend,” statements that an action or event “may,” “might,” “could,” “should,” or “will” be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond Appreciated Media and VirBELA‘s control and Appreciated Media and VirBELA‘s actual results could well differ materially from those stated or implied in forward-looking statements due to many various factors. Although Appreciated Media and VirBELA believe that the expectations reflected in the forward-looking statements are reasonable, neither Appreciated Media nor VirBELA can guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are made as of today’s date and Appreciated Media and VirBELA undertake no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Thousands Join General Session, Expo and Breakouts

BELLINGHAM, Wash. — May 18, 2020 — More than 9,500 people from 27 countries attended eXp World Holdings’ first virtual The eXp Shareholder Summit general session last week. This was the sixth annual summit, where eXp agents, shareholders and guests gathered to get an update on the company’s financials and future outlook.

Traditionally, the summit is an in-person event, but due to the COVID-19 outbreak it was held in the company’s virtual campus, which is developed by one of its companies, VirBELA. VirBELA helps people around the world communicate, collaborate and meet without travel or physical contact.

“This was my first virtual eXp conference and the only thing I missed were the hugs,” said eXp Realty agent Elizabeth Riley. “I completely engaged at our event where I led a panel discussion in front of hundreds of people from all over the country, represented the agent advisory council and attended a mastermind with the top 2% of real estate agents in the entire country where we share, collaborate and build each other up every step of the way. But, most importantly, I immersed myself in our culture with conversations and selfies even though we couldn’t see our colleagues in person.”

The eXp Shareholder Summit took place during four days, including a day-long general session, breakouts and an expo hall. With an average audience of 1,200 people per session, breakouts consisted of 75 sessions across five auditoriums covering a variety of topics for agents, including growth, sales and expansion. The expo hall had 22 vendor booths and saw more than 3,000 visits in one day.

“eXp has been fully virtual since our inception in 2009, so we were uniquely positioned to quickly pivot to a massive virtual event,” said eXp World Holdings Founder and CEO Glenn Sanford. “It is pretty special when you can do an event even better in the virtual world with thousands of our eXp family and friends, share great content and have meaningful, serendipitous collisions throughout the convention center. It was an epic week and I am super stoked to say that eXp is prepared for anything.”

About eXp World Holdings

eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Realty and VirBELA.

eXp Realty, The Real Estate Cloud Brokerage, is the fastest-growing, global residential real estate company with more than 29,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.

VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.

For more information, please visit the company’s website at www.expworldholdings.com.

Connect with eXp World Holdings and its companies: https://expworldholdings.com/social

Media Relations Contact:
Cynthia Nowak
Vice president, marketing and communications, eXp Realty
360.419.5285 ext. 116
cynthia.nowak@exprealty.net

Investor Relations Contact:
Raymond “RJ” Jones
Executive Vice President, finance and growth, eXp World Holdings
360.761.4393
investors@expworldholdings.com

Laval Virtual World Joins Thousands in Private Virtual Campus

La Jolla, Calif. — May 7, 2020 — The world is in an unprecedented time of uncertainty, and businesses and organizations are under enormous pressure to find new ways to work and meet. To help provide continuation of business, VirBELA is helping people around the world communicate, collaborate and meet without travel or physical contact. VirBELA’s immersive technology platform for business, events and education connects people wherever they are located.

A recent Gartner CFO study points to a future reduction in physical workspace and an increase in remote work. Almost a quarter of respondents said they will move at least 20 percent of their on-site employees to remote work permanently; 13 percent already have cut real estate expenses with another 9 percent planning cuts in the months to come.

VirBELA works with companies and organizations to create virtual spaces such as team suites, custom workspaces, entire campuses and event venues that provide cost savings as a result of higher productivity and no brick-and-mortar offices or commute hassles.

In the past three months, VirBELA sales grew by more than 600 percent and traffic to its Open Campus increased 450 percent. The company received strong interest from a variety of industries and organizations, including top global consulting firms, some of the largest banks in North America, universities, well-known hardware and software companies around the world as well as corporate departments such as events, human resources, recruiting, CIO management and sales.

VirBELA also has seen a sizable uptick in demand for large events seeking a virtual alternative. One organization that recently entrusted the VirBELA platform is Laval Virtual, a top event organizer for the augmented reality and virtual reality industry. More than 6,600 people from 110 countries attended Laval Virtual World 2020, which took place in their private event campus, hosting sessions, business meetings, an awards ceremony, as well as fun activities and challenges.

“Our partnership with VirBELA was born from a thorough research of all the existing platforms for remote events, and they had exactly what could meet all of our needs: a very accessible solution, fun and well-thought interactions, great conference and meeting configurations as well as significant possibilities of concurrent connections,” said Laurent Chrétien, CEO of Laval Virtual. “We look forward to doing more virtual events, and helping each other make communities thrive in these virtual environments.”

Companies are looking to the future and how they will operate and adjust when business continues. Virtual working offers an alternative for remote employees, giving them a sense of physical space and social interaction that is often missing when working remotely.

“VirBELA enables remote employees to work in a virtual office or people to gather in a virtual event space that allows casual interaction and the serendipitous meaningful collisions of a physical location, which are a huge driver of engagement,” said VirBELA President Alex Howland. “By developing a remote-first culture, companies give employees the benefit of working from home and making a positive impact on the environment, while companies reduce expenditures and are able to hire the most talented people regardless of physical location.”

The first cloud-based real estate brokerage, eXp Realty, partnered with VirBELA in April 2016 to provide an immersive, virtual experience for agents and staff to communicate and collaborate. eXp is now one of the fastest-growing, global residential real estate companies and was named the No. 1 independent real estate brokerage in the United States by REAL Trends in 2019.

“We are fortunate to have a tool like VirBELA that others also can use to continue their business,” said eXp Realty CEO Jason Gesing. “As a virtual brokerage, we don’t have physical offices and all the trappings that come along with that. VirBELA has allowed us to grow rapidly from 900 to more than 28,000 agents around the world in less than four years. VirBELA has allowed us to offer unparalleled earning, learning and growth opportunities to real estate professionals globally. Our agents and staff collaborate, build community and get support in our virtual office as well as tap into virtual tools to help agents serve their clients, which will help minimize person-to-person contact while still conducting business to keep transactions moving.”

Gesing added, “VirBELA extends well beyond real estate and into other service professions, whether in times of crisis such as COVID-19 or in the ordinary course of business, for forward-thinking organizations causing disruption in industries of their own.”

About VirBELA and eXp World Holdings

VirBELA is an eXp World Holdings, Inc. (Nasdaq: EXPI) company, which also owns eXp Realty.

VirBELA is an immersive technology platform for business, events and education. Its modern, cloud-based environment provides a virtual experience for workers, attendees, students and more to communicate, collaborate, meet and socialize. For more information, visit the company’s website at virbela.com.

eXp Realty, The Real Estate Cloud Brokerage, is the fastest-growing, global residential real estate company with more than 28,000 agents in the United States, Canada, the United Kingdom and Australia. As a subsidiary of a publicly traded company, eXp Realty uniquely offers real estate professionals within its ranks opportunities to earn eXp World Holdings stock for production and contributions to overall company growth.

Media Relations Contact:
Alex Howland
President, VirBELA
ahowland@virbela.com

Investor Relations Contact:
Raymond “RJ” Jones
Executive Vice President, finance and growth, eXp World Holdings
360.761.4393
investors@expworldholdings.com