New York – January 7, 2002 – Moving.com™, the largest online marketplace for relocation information today, announced a strategic partnership with NewHomeSource.com. Moving.com, one of the world’s largest online marketplaces for relocation information provides consumers with the most expansive network of relocation information, goods and services needed to successfully manage all stages of the moving process. The alliance with NewHomeSource.com further strengthens Moving.com’s position as the leading relocation website and true one-stop destination for all move-related services.

NewHomeSource.com is Austin, Texas-based Builder Homesite, Inc.’s consumer website. Builder Homesite, Inc. is a consortium of the country’s leading homebuilders.

“We’re committed to simplifying the relocation process. That means taking convenience a step further by providing our customers with the most comprehensive services,” stated Eran Weis, CEO of Moving.com. “NewHomeSource.com has an unprecedented number of new-construction homes and provides some truly intriguing content with broad consumer appeal and we are pleased to offer these services to our clients.”

The strategic partnership brings numerous benefits to both companies. Moving.com will expand their consumer base and increase their brand awareness through their presence on the NewHomeSource.com website. Through a co-branded Moving Center, the NewHomeSource.com community will now be able to access Moving.com’s hundreds of moving and relocation tools and information in an effort to ease the complications and numerous tasks often associated with the relocation process. “NewHomeSource.com shares Moving.com’s commitment of simplifying the moving process,” says Randi Simon, Business Development Manager of Moving.com. “We’ve been very impressed with NewHomeSource.com’s approach to providing end-to-end solutions for their customers and we are thrilled to add our content to their real estate solution.

Similarly, NewHomeSource.com understands that moving is a critical part of the total new home purchase experience. “We are excited to partner with Moving.com and are convinced the services they provide can be beneficial to our homebuyers,” stated Tim Costello, President and CEO of Builder Homesite, Inc.

About Moving.com

Moving.com is the leading online marketplace for relocation services and products, reinforced by comprehensive relocation information, decision support tools and directories. The wealth of information available on Moving.com is unparalleled and serves as the foremost platform on educating the consumer throughout the relocation process. With the largest pre-screened vendor network of moving services, storage, real estate agents, mortgage providers and insurance agents, Moving.com integrates and enhances the efforts of both Internet users and relocation professionals, thus facilitating more Efficient relocations. The company is developing an application to fully automate the relocation process. Moving.com’s initiative to become the complete relocation solution have garnered it numerous awards and accolades and it was ranked by Yahoo! Internet Life as one of the “Top 50 Most Incredibly Useful Sites.”

About Builder Homesite, Inc. and NewHomeSource.com

Founded in Austin, TX in 2000 by a consortium of 32 of the nation’s largest homebuilders, Builder Homesite, Inc. (BHI) represents over 225,000 new home sales annually. BHI’s mission is to offer improved technology and marketing solutions for the new home industry. The first product by Builder Homesite is NewHomeSource.com, a consumer website offering the most comprehensive information and selection of new homes available on the Internet. Because of the extensive distribution network, more and more builders are making BHI their entry point into the Internet. By providing data to New Home Source, builders can also participate in BHI online partner channels, including Yahoo, eBay, CitySearch, Homegain, newspaper and realtor websites.

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