eXp World Holdings, Inc. (EXPI) Adds Gene Frederick to its

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eXp World Holdings, Inc. (EXPI) Adds Gene Frederick to its Board of Directors

Effective as of April 7, 2016, Gene Frederick was elected to eXp World Holdings, Inc.’s (OTCQB: EXPI) board of directors in order to fill a vacancy created by the board of directors increasing the number of directors from three to four, pursuant to the company’s bylaws. Frederick has extensive management experience in residential real estate. Prior to his appointment to the company’s board, Frederick served over the past decade in various management capacities at Keller Williams. Among his many accomplishments during his tenure there, Frederick was the top recruiter for Keller Williams in four of the last 11 years, including 2005, 2006, 2012 and 2013.

Frederick served with Keller Williams most recently out of Austin, Texas, as team leader, where he grew the office from 320 agents to over 600 agents. Prior to that, Frederick was regional director of Keller Williams Virginia from 2007-2009. Frederick hired on with Keller Williams in Dallas as one of the first 10 agents at the Dallas Preston Road Market Center, where he and his wife, Susan Frederick, became team leaders and grew the office from 100 agents to 533 between 1999 and 2006. Frederick has previously been recognized as one of the Top 20 agents in the State of Texas.

Earlier in his career, Frederick served as controller for Texas Instruments in 1984 before leaving the corporate world for real estate. He has been a successful entrepreneur, having sold two small companies that were acquired by Coldwell Banker.

eXp World Holdings believes that Gene Frederick is qualified to serve on its board of directors because of his extensive experience in residential real estate and his leadership ability, particularly in managing growth.

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

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