FT. LAUDERDALE, Fla., June 3, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Following the acquisition of ReachFactor last week, RealBiz Media Group, Inc. (RBIZ: http://www.realbizmedia.com) the leader in home video tours, announced the appointment of Suresh and Arun Srinivasan to key executive roles. Suresh Srinivasan will assume the role of Chief Operating Officer and oversee strategy, product roadmap and general operations. Arun Srinivasan now assumes the Chief Technology and Marketing Officer roles where he will provide technical leadership and implement the use of data-driven, agent demand generation techniques for the Company. Suresh and Arun join Steve Marques who continues as the Company's President/Chief Revenue Officer.

"RealBiz has quite a diverse line of products to help real estate agents market themselves and their listings online," said Suresh Srinivasan. "What really encouraged us to join was the early customer traction for their new products among franchises, brokers, and agents, and the desire and vision to significantly scale adoption."

RealBiz has leveraged its core competence and technology patents in video processing to launch a suite of online marketing products aimed ultimately at agent success. Its video microsite (MVA) product has been a hit with franchises and large brokerages for whom it automatically grows search engine visibility and delivers leads to listing agents. NestBuilder.com is how agents can more easily distinguish themselves online and cultivate neighborhood leads and connections by claiming their own personally-branded, engaging Web presence that automatically displays and promotes local listings and other useful local content.

"Suresh and Arun have been very successful tech entrepreneurs and have run companies to significant scale," stated Bill Kerby, CEO of RealBiz Media Group. "We're excited to have them on board to complement the skills of our existing management team as we increase our sales and marketing outreach."

About RealBiz Media Group, Inc.

RealBiz Media Group, Inc. is a real estate digital media and technology company whose proprietary video processing technology makes it one of the leaders in providing home video tours to the real estate industry. Its client base includes more than 350,000 real estate agents and brokers. The company provides a series of products including a consumer portal http://www.nestbuilder.com, an agent-only platform known as Nestbuilder Agent, a television video on demand network, a growing MVA network, Virtual Tours and Mobile Apps. The company enjoys access to the nation's largest real estate companies with numerous approved vendors and national contracts.

Safe Harbor Statement

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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