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O.C. BUSINESS PLUS | ORANGE COUNTY BRIEFLY

Canadian Firm Buys Irvine's Solimar.Net

February 10, 2000

A Canadian company on Wednesday completed its $24-million acquisition of Solimar.Net, a privately held Irvine e-commerce provider of residential property valuation services.

Basis 100 Inc. in Toronto, which offers e-commerce services to financial institutions, plans to use Solimar as a way to enter the U.S. market for business-to-business e-commerce services.

Solimar.Net will carry on operations as a wholly owned subsidiary.

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