eNeighborhoods Acquires WyldFyre Technologies From Homestore:

Combination To Create Unique And Powerful Marketing Solutions For Real Estate Professionals

Boca Raton, Florida, October 6, 2004 - eNeighborhoods, Inc., the leading provider of everyday marketing solutions for real estate professionals, today announced the acquisition of WyldFyre Technologies, the leading provider of software for real estate professionals to access and manage MLS (Multiple Listing Service) data. eNeighborhoods is a division of Siegent, Inc.

The acquisition significantly strengthens eNeighborhoods MLS connectivity and is another step in the company's strategy to provide real estate professionals with a completely integrated suite of everyday marketing solutions. This represents the second major purchase this year for Siegent, having acquired Miami-based RECHANNEL Communications in June.

WyldFyre's products are used by more than 100,000 real estate professionals in the United States, Canada and Australia. The company’s flagship product, WyldFyre Listings™, allows real estate professionals to quickly access MLS information and customize professional looking reports to better serve their customers. Listings is complemented by several add-on modules that enable real estate professionals to more effectively market their services to home buyers and sellers, including CMAPro™, BuyersTour™, and StreetMaps™.

"Offering solutions that seamlessly integrate MLS, neighborhood, school, and property record data is critical to our customers and a big part of our growth strategy," said David Meyer, President of eNeighborhoods, Inc. "WyldFyre also brings a talented group of experienced and dedicated people, who we are excited to welcome to the eNeighborhoods team.”

WyldFyre MLSAlliance™ is quickly becoming the solution of choice for MLS organizations to expand access to listing inventory beyond traditional MLS boundaries. MLSAlliance provides MLS members with a single web-based interface to multiple MLS databases, while maintaining each MLS providers control over its own data. It is a means through which nearby MLS organizations can share data without having to merge their databases or their organizations.

“With MLSAlliance, our members have the advantage of using one service, one id and password, to search listings throughout Orange County, Los Angeles, and the Inland Empire,” stated Russ Bergeron, CEO of 30,500-member Southern California MLS based in Anaheim, CA. SoCalMLS is a participant in the MLSAlliance™ that serves seven of the largest MLS organizations across Southern California, benefiting over 90,000 agents and brokers. “MLSAlliance enables our members to more effectively and productively service their customers throughout all of Southern California, while maintaining the independence of each MLS. Integration of the Alliance with WyldFyre's desktop product CMAPro™ is just icing on the cake.”

"The acquisition of WyldFyre immediately makes eNeighborhoods the best-of-breed provider of MLS access solutions for real estate professionals", added Stu Siegel, CEO of eNeighborhoods and its parent company Siegent, Inc. "The acquisition of WyldFyre continues our planned expansion, as we strive to increase and improve the level of services provided to our customers through both internal development and the acquisition of other great technologies".

About WyldFyre Technologies

WyldFyre Technologies, based in Silicon Valley, California, is the leading developer of software used to access and manage MLS (Multiple Listing Service) information. With over 100,000 real estate professionals internationally currently using WyldFyre's products, WyldFyre Technologies continues to be a major force in keeping the real estate industry updated with the latest technology. WyldFyre contributed technology which serves as the basis of the National Association of Realtors'® XML standard called Real Estate Transaction Specification (RETS). Founded in 1992, WyldFyre had been a wholly owned division of Homestore, Inc. (NASDAQ: HOMS) since May, 2000.

About Siegent, Inc.

Siegent, based in Boca Raton, Florida, is the premier compiler of home and neighborhood information in the USA, and currently markets its services through its eNeighborhoods, HomeData and RECHANNEL divisions. Stu Siegel, the company's CEO, has been selected as the Ernst & Young Entrepreneur of the Year and the Eastern Technology CEO of the Year.

eNeighborhoods™ (www.eneighborhoods.com ) is the industry leader in providing everyday marketing solutions for real estate professionals. The company’s tools enable real estate professionals to easily blend MLS data with detailed neighborhood information to create highly effective marketing materials. In 2001, eNeighborhoods achieved the REALTOR VIP® status through a strategic alliance with the National Association of REALTORS®. The company also has strategic alliances with major real estate franchisers: Cendant, Century 21, Coldwell Banker, ERA, GMAC, Help-U-Sell, Keller Williams, Prudential, Realty Executives, and RE/MAX, along with many major independent brokerages. eNeighborhoods is the proud founding sponsor of NAR’s REALTOR® Good Neighbor Awards which educates, encourages, and rewards outstanding community service by real estate professionals throughout the country.

HomeData (www.homedata.com) is the leading compiler and vendor of new homeowner and new mover data to the marketing services industry. Since 1981, HomeData has been compiling data on residential real estate transactions, building a database of over 50 million historical transactions. The HomeData New Homeowner Hotline file includes approximately 100,000 home sale transactions each week. The HomeData Premier Connects file is the largest, most timely aggregated national compilation of new movers and new businesses sourced through new phone connections from nearly every phone company.

RECHANNEL Communications (www.rechannel.com) is a leading provider of websites for real estate agents and brokers. RECHANNEL provides real estate professionals with a turnkey solution for capturing Internet buyers and sellers, marketing their services, promoting their listings, and managing their businesses. RECHANNEL websites have won numerous awards including “Top-10 Site”, National Association of REALTORS® and “#1 Site”, Florida Association of REALTORS®.