Agents Gone Mobile

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

BELLINGHAM, Wash. — May 7, 2020 — eXp Realty, the fastest-growing, global residential real estate company, today announced the appointment of Michael Valdes to the role of Executive Vice President, International Expansion. He will be responsible for growing eXp’s global footprint.

Valdes brings more than 25 years of expertise in global real estate and finance to eXp Realty. Most recently, he was Senior Vice President of Global Servicing for all Realogy Corporation brands, including Better Homes & Gardens, Century 21, Coldwell Banker, Corcoran, ERA and Sotheby’s International Realty. In his role, he oversaw the international servicing platform for all Realogy brands across more than 100 countries and opened more than 70 countries during his tenure.

“Michael’s expertise in and knowledge of global markets and his demonstrated ability in international growth and operations will be invaluable as we continue to expand outside of North America,” said eXp Realty CEO Jason Gesing. “Michael has successfully introduced real estate brands in dozens of countries and is well respected for his integrity and for his ability to build community. We are proud to have Michael represent eXp as we share our incredible opportunity with millions of real estate professionals around the world.”

Valdes is the Chair of the Asian Real Estate Association of America Global Advisory Board, co-host of the 2020 AREAA Global Luxury Summit and a member of the National Association of Hispanic Real Estate Professionals Corporate Board of Governors. Valdes also hosts the Global Luxury Real Estate Mastermind podcast, where he interviews leaders in the real estate industry as well as other inspiring and successful individuals.

Prior to real estate, Valdes was director of private banking at Deutsche Bank in New York and San Francisco for 10 years.

About eXp Realty

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

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.

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.

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

BELLINGHAM, Washington. – 7 de mayo de 2020 – eXp Realty, la compañía de bienes raíces residenciales global de más rápido crecimiento, anunció hoy nombramiento de Michael Valdés para el cargo de Vicepresidente Ejecutivo de Expansión Internacional. Será responsable del crecimiento de la huella global de eXp.

Valdes aporta más de 25 años de experiencia en bienes raíces globales y finanzas a eXp Realty. Más recientemente, fue vicepresidente senior de servicios globales para todas las marcas de Realogy Corporation, incluidas Better Homes & Gardens, Century 21, Coldwell Banker, Corcoran, ERA y Sotheby’s International Realty. En su cargo, supervisó la plataforma de servicio internacional para todas las marcas de Realogy en más de 100 países y abrió más de 70 países durante su mandato.

“La experiencia y el conocimiento de Michael en los mercados globales y su capacidad demostrada en el crecimiento y las operaciones internacionales serán invaluables a medida que continuamos expandiéndose fuera de Norteamérica”, dijo Jason Gesing, CEO de eXp Realty. “Michael ha introducido con éxito marcas inmobiliarias en docenas de países y es muy respetado por su integridad y por su capacidad para construir una comunidad. Estamos orgullosos de que Michael represente a eXp mientras compartimos nuestra increíble oportunidad con millones de profesionales de bienes raíces en todo el mundo “.

Valdés es presidente de la Junta Asesora Global de la Asociación Asiática de Bienes Raíces de América, co-anfitrión de la Cumbre Global de Lujo 2020 AREAA y miembro de la Junta de Gobernadores Corporativos de la Asociación Nacional de Profesionales Hispanos de Bienes Raíces. Valdés también es anfitrión del podcast Global Luxury Real Estate Mastermind, donde entrevista a líderes de la industria inmobiliaria, así como a otras personas inspiradoras y exitosas.

Antes de su carrera en bienes raíces, Valdés fue director de banca privada en Deutsche Bank en Nueva York y San Francisco durante 10 años.

Acerca de eXp Realty

eXp Realty es una compañía de eXp World Holdings, Inc. (NASDAQ: EXPI). eXp World Holdings también posee VirBELA.

eXp Realty, The Real Estate Cloud Brokerage, es la compañía de bienes raíces residenciales global de más rápido crecimiento con más de 28,000 agentes en los Estados Unidos, Canadá, el Reino Unido y Australia. Como subsidiaria de una empresa que cotiza en bolsa, eXp Realty ofrece a los profesionales de bienes raíces dentro de su rango oportunidades para ganar acciones de eXp World Holdings para la producción y contribuciones al crecimiento general de la empresa.

VirBELA es una plataforma tecnológica inmersiva para negocios, eventos y educación. Su entorno moderno basado en la nube ofrece una experiencia virtual para que los trabajadores, asistentes, estudiantes y más se comuniquen, colaboren, se reúnan y socialicen. Para obtener más información, visite el sitio web de la compañía en virbela.com.

Conéctese con eXp World Holdings y sus compañías: https://expworldholdings.com/social.

Contacto de relaciones con los medios:
Cynthia Nowak
Vicepresidenta de Marketing y Comunicaciones, eXp World Holdings
360.419.5285 ext. 116
cynthia.nowak@exprealty.net

Contacto de Relaciones con Inversores:
Raymond “RJ” Jones
Vicepresidente Ejecutivo, Finanzas y Crecimiento, eXp World Holdings
360.761.4393
investors@expworldholdings.com