ApartmentLove Appoints Ken Lang as CTO as it Introduces Machine Learning and AI Applications

Machine Learning


TORONTO, May 18, 2023 (Globe Newswire) — ApartmentLove Inc. (CSE: APLV) (OTCQB: APMLF) (“ApartmentLove” or the “Company”) is an online home, apartment and vacation rental marketing service. Leading Provider We are pleased to announce the promotion of Kenneth (Ken) Lang to Chief Technology Officer (“CTO”) to property managers, owners, renters and vacationers around the world.

“Ken is the lifeblood of our technical team!” exclaims Trevor Davidson, President and CEO of ApartmentLove. Trevor continued: “On behalf of the entire company, I am delighted to announce and formally appoint Ken as our CTO. This ensures all round quality and continuous growth and expansion of our system while serving our customers worldwide.A unique talent and a pillar of our organization, Ken We are very pleased to expand our CTO role and are equally grateful that he has embraced the same.”

Ken is an educator for our senior management and executive team as well as a mentor to our younger developers and a unique developer who communicates complex technical concepts, problems, opportunities and instructions in a clear and understandable way. have the ability to Ken, who joined us in December 2020 as Head of Technology, now holds the coveted title as our first CTO. This is a particularly important milestone in ApartmentLove’s continued growth story.

“I love it!” said ApartmentLove CTO Ken Lang when asked what he thought of his new role. He added, “We have great products and we are making them stronger, faster and more competitive every day. We value new technology, and for me, it’s been really exciting to see the team learn while working on new cutting-edge technologies such as machine learning and AI as part of the larger ApartmentLove initiative. , it’s a lot of fun to be a part of its development.”

Under Ken’s leadership, the company has released a number of progressively complex development rounds as Ken and his team refined the ApartmentLove.com architecture into today’s global player. Just recently, Ken and his team beautifully restyled his GottaRent.com, a long-term rental engine for homes and apartments, and successfully completed the company’s operation. Ken plans to make similar but more comprehensive updates to his already profitable OwnerDirect.com short-term rentals marketing website in the coming weeks, a leader in the short-term vacation market. shared.

When asked about the importance of continually releasing new and enhanced versions of the websites that we acquire and manage, Ken said that the adoption of AI and machine learning, among other technologies such as blockchain, has contributed to these and other emerging technologies to ensure ApartmentLove’s growth plans. This technology keeps ApartmentLove at the forefront of the industry and gains market share from its competitors.

A 35-year veteran in the technology industry, Ken regularly consults with large computing groups generating hundreds of millions of dollars in annual revenue. As his CTO, Ken will further define the company’s technical direction and lead technical due diligence studies for all acquisition targets.

About Apartment Love Co., Ltd.

ApartmentLove Inc. (CSE: APLV) (OTCQB: APMLF) is a leading provider of online home, apartment and vacation rental marketing services to property managers, owners, renters and vacationers in more than 30 countries around the world. Advertising over 350,000 active homes, apartments and vacation homes daily on its network of short- and long-term rental marketing websites, ApartmentLove scales as a fast-growing “PropTech” in today’s complex and dynamic market I have proven that I can do it. Aiming to consolidate the deeply fragmented internet listings industry, ApartmentLove has created custom properties that accelerate and mitigate the rental experience while maximizing a large number of monthly active users, recurring revenue history, positive cash flow, and/or advertising return rates. Acquired multiple businesses with technology. Improve return on investment for customers and shareholders.

We operate the long-term residential and apartment rental marketing websites ApartmentLove.com and GottaRent.com and the short-term vacation rental website OwnerDirect.com around the world.

For more information, please visit www.apartmentlove.com/investors or contact us at:

Trevor Davidson Ken Lang
President and CEO chief technology officer
Apartment Love Co., Ltd. Apartment Love Co., Ltd.
tdavidson@apartmentlove.com klang@apartmentlove.com
(647) 272-9702 (778) 215-0119

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Certain information in this news release may include forward-looking statements that involve known and unknown substantial risks and uncertainties, some of which are beyond our control. It is over. Forward-looking statements often use the term “plans,” “continues,” “anticipates,” “plans,” “intends,” “believes,” “anticipates,” “estimates,” Characterized by words such as “may” and “will”. , “could”, “proposed” and other similar words or statements that a particular event or condition “could” or “would occur”. These statements are only predictions. Readers are cautioned that assumptions used in the preparation of such information, even if believed to be reasonable at the time of preparation, could prove to be inaccurate and therefore should not be used in forward-looking statements. should not be unduly relied upon in any kind.

Forward-looking statements include, but are not limited to, the anticipated benefits of machine learning and/or artificial intelligence and our ability to realize the benefits of machine learning and/or artificial intelligence in our operations. yeah. We recognize the growth benefits of an acquisition model. and our ability to successfully integrate acquired businesses. We cannot guarantee that the events anticipated in forward-looking statements will occur or, if they do, how we will benefit from them. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. The risk factors are described in our Continuous Disclosure Document filed with SEDAR and can be accessed at www.sedar.com.

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APARTLOVE® | FEELING AT HOME


Source: Apartment Love Co., Ltd.

2023 GlobeNewswire, Inc., Source Press Release – Canada



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