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FOREWARN to Provide Identity Verification Services to HiCentral MLS® to Promote Agent Safety

1. HiCentral MLS contracts to offer FOREWARN services to 6,000 real estate professionals. 2. FOREWARN enhances agent safety by verifying identities and searching criminal histories. 3. Services are available free for HiCentral MLS members, improving accessibility. 4. The collaboration aligns with the goal to empower agents and mitigate risks. 5. FOREWARN leverages big data for real-time information solutions in real estate.

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Why Bullish?

The partnership with HiCentral MLS enhances RDVT's market credibility and usage. Historical evidence shows that successful partnerships can lead to sustained revenue growth.

How important is it?

The announcement indicates growth potential for RDVT's offerings, likely impacting stock price positively due to increased adoption.

Why Long Term?

Increased service adoption and ongoing contracts can lead to steady revenue growth over time.

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The largest MLS in the state of Hawaii contracts to make FOREWARN services available for its 6,000+ real estate professional members to promote proactive agent safety April 14, 2025 08:00 ET  | Source: Forewarn, LLC BOCA RATON, Fla., April 14, 2025 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that HiCentral MLS® will offer FOREWARN® services to its 6,000+ members in the Honolulu Board of REALTORS® and throughout the island of Oahu to promote proactive real estate agent safety. Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with the ability to mitigate risks by verifying identity, searching for criminal histories, and validating information provided by potential clients -- using just a phone number. FOREWARN allows agents to properly and safely plan for showings with a higher level of confidence. The FOREWARN services offered by HiCentral MLS® are available to the 6,000+ members at no additional cost to individual agents. “One of our key missions is to equip our members with the best resources to protect themselves and their businesses,” stated Suzanne Young, CEO of HiCentral MLS®. “Providing FOREWARN aligns perfectly with that goal, giving agents a seamless way to verify prospects, mitigate fraud, and enhance their overall safety.” Existing HiCentral MLS® members will receive specific instructions on how to move forward with activating their FOREWARN subscription as an included benefit. All other real estate agencies, agents, and appraisers can learn more about FOREWARN at www.forewarn.com. About FOREWARN®At FOREWARN, we bring instant knowledge through innovative solutions to ensure safer engagements and smarter interactions. Leveraging powerful analytics and a massive data repository, our solutions enable organizations to gain real-time knowledge, for purposes such as verifying identity, searching for criminal histories, and validating information. Risk assessment and due diligence at your fingertips™. RELATED LINKS: www.forewarn.com About red violet®At red violet, we build proprietary technologies and apply analytical capabilities to deliver identity intelligence. Our technology powers critical solutions, which empower organizations to operate with confidence. Our solutions enable the real-time identification and location of people, businesses, assets and their interrelationships. These solutions are used for purposes including identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. Our intelligent platform, CORE™, is purpose-built for the enterprise, yet flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. Our solutions are used today to enable frictionless commerce, to ensure safety, and to reduce fraud and the concomitant expense borne by society. For more information, please visit www.redviolet.com. FORWARD-LOOKING STATEMENTS This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations, including whether FOREWARN will address critical safety and security areas for HiCentral MLS® members and whether FOREWARN will give HiCentral MLS® members a seamless way to verify prospects, mitigate fraud, and enhance their overall safety. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading “Forward-Looking Statements” and “Risk Factors” in red violet’s SEC Filings. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Investor Relations Contact: Camilo RamirezRed Violet, Inc.561-757-4500ir@redviolet.com

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