ULS.L Regulatory News (ULS)

ULS Technology plc

("ULS", the "Group" or the "Company")

New Conveyancing Service agreed with easyConveyance®

ULS Technology plc (AIM: ULS), the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, announces the launch of a new conveyancing service developed for easyConveyance®, part of the easyGroup®.

In 1998, Sir Stelios Haji-Ioannou ("Sir Stelios") launched the easyGroup®, to create the easy family of brands. As well as easyJet®, this includes easyHotel®, easyHolidays®, easyBus®, easyGym® and easyProperty®.

easyConveyance® is the latest addition to the easyGroup®, a Group famous for challenging existing markets and convention, as well as constant innovation and delivery of great value to consumers.

To support the easyGroup®'s launch into conveyancing, ULS has created and tailored a unique technology platform (based on its core eConveyancer system) through which easyConveyance® customers can select their chosen solicitor to help them with conveyancing.

Customers can make this choice from a comprehensive and fully national selection of legal firms, and can select their preferred firm based on whether they personally want the lowest cost for the service, the best service rating attained by the firm or proximity to where they live or might want to meet the firm.

Under this arrangement easyConveyance® customers can also benefit from a seven day a week support service, a no move no legal fee guarantee and can also track the progress of their own conveyancing.

Steve Goodall, CEO of ULS, said:

"I'm proud that ULS has been chosen to partner with easyConveyance®. Both ULS and easy share very similar values, so I feel that this constitutes a really good fit. At ULS, we all fully understand, value and appreciate what we need to do for easyConveyance® customers and look forward to working with everyone to make this a resounding success for all concerned.

We currently have a few parts of our industry doing positive things to help the home moving process to move on and into a more seamless, technology based environment: the government is becoming increasingly interested in this whole area as well. I therefore see it as poignant and appropriate for the easyGroup® to be making this move at this timely juncture."

Sir Stelios, said:

"It is time for the home buying process to be brought into the 21st century. easyConveyance® will provide the latest technology and innovation required to deliver a more transparent and accelerated solution to the home buying process in the UK".

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