Business Services Industry

Move™ Stockholders Approve Name Change to Move, Inc.; Stockholders Also Re-Elect Four Directors

Business Wire, June 23, 2006

WESTLAKE VILLAGE, Calif. -- Move, Inc. (NASDAQ:MOVE), the world's largest moving community, today announced that its stockholders approved the amendments to the Company's Restated Certificate of Incorporation to change the Company's name from "Homestore, Inc." to "Move, Inc." The new name reflects the company's commitment to provide consumers with the real estate content, decision support tools and professional connections they need before, during and after a move.

At the Company's annual stockholders' meeting, Paul Unruh and Bruce Willison were re-elected as Class I directors. In addition, the owner of the Company's sole outstanding share of Series A Preferred Stock, the National Association of REALTORS(R), re-elected Alan Yassky as a Class I director and the holders of Series B Convertible Participating Preferred Stock, Elevation Partners, re-elected Roger McNamee as a Class I director.

Bios for each member of Move's board of directors and management team are available at http://investor.move.com under "Corporate Governance."

ABOUT MOVE, INC.

Move(TM) (NASDAQ:MOVE), the world's largest moving community, provides home buyers and renters with the real estate and community information, and professional connections they need before, during and after a move. The Company operates Move.com(TM) (www.move.com), the most comprehensive real estate search site for rentals and homes to buy and REALTOR.com(R) (www.realtor.com), the official Web site of the National Association of REALTORS(R). Move also operates Welcome Wagon(R) (www.welcomewagon.com), a 78-year old neighborhood expert with nearly 300 local Welcome Wagon representatives who help ensure that new movers receive valuable and comprehensive information about businesses and professionals in their new communities. Move.com is the official new homes Web site of the National Association of Home Builders. Move also operates Moving.com (www.moving.com), SeniorHousingNet(TM) (www.seniorhousingnet.com), TOP PRODUCER(R) Systems (www.homeinsight.com), FactoryBuiltHousing.com (www.factorybuilthousing.com), and Homeplans (www.homeplans.com).

REALTOR(R) and REALTOR.com(R) are registered trademarks of the NATIONAL ASSOCIATION OF REALTORS(R). REALTOR(R) is a federally registered collective membership mark, which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS(R) and subscribes to its strict Code of Ethics.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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