Matterport® Announces Local Entry Into Canadian Real Estate Market

Matterport Brings Game-Changing Immersive 3D and VR Technology to Canadian Real Estate Professionals and Buyers

SUNNYVALE, CA--(Marketwired - May 04, 2016) - Leading immersive media company, Matterport®, today announced its formal entry into the Canadian market. In addition, the company is demonstrating its revolutionary technology for showcasing properties at Canada's largest real estate tradeshow -- REALTOR® QUEST -- in Toronto on May 4-5th.

"Matterport provides agents and brokers with a powerful marketing tool that gives home sellers confidence that their home is being presented in the absolute best way possible," said Bill Brown, Matterport CEO. "We make this possible by delivering a system that's incredibly easy for anyone to operate, even easier than creating a traditional 2D photo gallery. By allowing homebuyers and renters the ability to experience a property as if they were there, from any laptop or mobile device, our simple end-to-end solution allows real estate agents, brokers, photographers, portals and MLSs to showcase listings in a more engaging and personal way than ever before. We are excited to help our Canadian customers and partners grow their businesses."

On display at REALTOR® QUEST in booth 819 will be the Matterport Pro Camera and 3D Showcase, a Web-based player that can be embedded directly into the listing site to give the viewer a real feel for what it's like to walk through a space. It allows the user to move through a space naturally and then even zoom out to see a unique, full-color 3D floorplan (called dollhouse view) or a 2D color floorplan. Also on display will be powerful Matterport features, including:

• Mattertag™ Posts, which let agents annotate property highlights in 3D throughout the space that really "sell" the listing

• The new iOS Showcase app, which allows agents and brokers to have access to all of their 3D property listings offline -- when Wi-Fi is not available

• Other exciting features that include measurements, schematic floor plans, and VR models

With Matterport 3D Spaces, Canadian real estate professionals will be able to engage buyers across the globe as if they were next door. Tens of thousands of agents and brokers have successfully used Matterport to help win and market over 100 thousand listings so far. To date, there have been almost 40 million views of Matterport Spaces.

Real estate professionals in the greater Toronto area have already embraced Matterport technology to engage more buyers, close transactions more quickly, and win more listings. "I was recently lucky enough to have one of my listings photographed for a Matterport 3D Showcase," said David Pylyp, Senior Agent with RE/MAX in Toronto. "If you are not familiar with this technology, it might just be the coolest thing in real estate marketing since the marriage between the digital camera and the Internet. The Matterport technology is light years ahead of anything I have seen in real estate marketing. Plus, the wow-factor with my clients is unprecedented."

In addition to obtaining Matterport scans from local Matterport Service Providers across Canada, agents can now purchase their own Matterport cameras. To learn more, visit https://matterport.com/order-international/ or visit Matterport at REALTOR® QUEST in booth 819. To find a Matterport Service Provider (MSP) in your area, visithttps://matterport.com/find-a-photographer/. For more information about becoming a MSP in Canada, visit https://matterport.com/become-an-msp/.

About MatterportHeadquartered in Sunnyvale, CA, Matterport is an immersive media technology company that delivers an end-to-end system for creating, modifying, distributing, and navigating immersive 3D and virtual reality (VR) versions of real-world spaces on web and mobile devices. The Matterport Pro Camera and Cloud Services make it quick and easy to turn real-world places into immersive virtual experiences.With the introduction of the Matterport 3D Showcase web player, Matterport has made it incredibly easy for anyone to move through virtual spaces as if they were there, from any desktop or mobile browser. With the addition of VR Showcase, users can now experience Matterport Spaces from a Samsung Gear VR headset, with additional device support coming soon.