Properazzi and WidSets Bring European Real Estate to Mobile Phone Users

Properazzi, the pan-European property search engine launched today mobile watch service in collaboration with WidSets, a popular consumer internet service powered by Nokia. This new mobile watch service helps mobile phone users to find their dream homes anywhere in Europe. Properazzi together with WidSets will enable homebuyers to create searches for properties online, and receive matching results on their mobile phones as suitable properties appear on the market.

Said Yannick Laclau, Properazzi chief executive: "We're proud to be working with WidSets and Nokia to make this service available to homebuyers. Mobile phone tools are becoming increasingly important in property search because they enable homebuyers to stay informed wherever they are."

With some 1.8 million listings for sale and rental property across Europe, Properazzi will connect mobile phone users to the continent's largest database of property listings. Following the launch, the company plans to introduce full mobile search features for its users.

Said Yannick Laclau, Properazzi chief executive: "This is only the first step for us. We intend to give homebuyers full mobile search functionality in the near future."

In March 2007, Properazzi was announced as a finalist in Red Herring Magazine's 100 Europe 2007 awards for business innovation.

[ENDS]

Notes for editors

- Properazzi (http://www.properazzi.com) - the property search engine - was launched in March 2007 and currently lists 1.8 million sale and rental properties in 45 European countries. It allows users to search for properties in any European language and currency. Properazzi is based in Barcelona, Spain, and is funded by Mangrove Capital Partners (http://www.mangrove-vc.com).