eXp World Holdings, Inc. (EXPI) Adds Two New Members to Board of Directors

Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI) announced the addition of Rick Miller and Randall Miles to its Board of Directors. Glenn Sanford, chief executive officer of EXPI, described the move as a “significant point for the Company and for its shareholders.” In addition to bringing years of experience at the highest levels of leadership and deep and diverse expertise spanning a variety of industries, Miller and Miles offer “greater independence to [the Board’s] composition as the Company progresses, both within the public financial markets and as a rapidly-growing organization,” according to Sanford.

Rick Miller brings more than 25 years of senior leadership experience to the EXPI Board, including time with both Fortune 500 companies and young startups. After beginning his career at Sperry/Unisys, he was recruited by AT&T (NYSE: T), where he served as president of its $13 billion Global Services division. Miller later served as president, COO and a Board member at internet startup OPUS360, where he was tasked with overseeing the firm’s IPO. In later years, Miller was recruited by Lucent Technologies to lead its $21 billion worldwide sales efforts. He was also named president, Lucent Government Solutions. Currently, Miller serves as CEO at Being Chief, LLC, where he offers advisory services to a broad range of executives across a diverse collection of industries.

Randall Miles also brings over 25 years of experience in senior leadership positions to the EXPI board, with positions spanning global financial services, financial technology and investment banking. Miles has an extensive investment banking background at bulge bracket, regional and boutique firms, where he has served as an advisor, guiding companies’ strategic and financial needs across many disciplines. This experience is complemented by his work in leadership positions with both public and private equity backed financial technology, specialty finance and software companies. Notably, Miles served as chairman and CEO of LION MTS, CEO of Syngence Corporation, COO of AtlasBanc Holdings Corp., and CEO of Advantage Funding/NAFCO Holdings. Currently, he is a managing partner at SCM Capital Group, a global strategic and financial advisory firm, and Senior Managing Director at Tigress Financial Partners, a full-service institutional broker dealer.

“Rick and Randall are tremendous additions to our Board,” Sanford stated in this morning’s news release.

Through rapidly-growing subsidiary eXp Realty, EXPI is currently operational in 43 states, as well as Alberta, Canada, and the District of Columbia. The Agent-Owned Cloud Brokerage™ offers 24/7 access to collaborative tools, training and socialization features through an innovative cloud-based office environment that effectively eliminates the high costs associated with maintaining a traditional brick and mortar office. eXp Realty’s network of real estate professionals currently includes more than 1,400 members, an increase of more than 60 percent from the beginning of this year.

For more information, visit the company’s website at http://investors.exprealty.com

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