ApartmentLove Inc. announce the signing of another License Agreement (the “Agreement”) deepening the Company's footprint across the province of Ontario and specifically in the Greater Toronto Area (“GTA”). The Agreement is with Rhenti Ltd., (“Rhenti”), a Toronto-based marketing automation and leasing transaction software company that specializes in the residential rental space. The Agreement is expected to aid property managers, private landlords, and real estate agents from across Canada to advertise their rental listings on the ApartmentLove network of home and apartment rental marketing websites.

Mr. Davidson went on to explain that the Company has completed its exhaustive testing of the Rhenti data transfer feed and will move to commercialization beginning March 1, 2023. With hundreds of currently active rental listings, many of which in the GTA, already being syndicated to ApartmentLove via the Rhenti feed, Management estimates the Company will generate not less than $125,000 in annualized operating profit attributable to the Agreement at today's initial and still growing volumes.