Property Connect advised that it has entered into a Heads of Agreement (HOA) with Pipeline Marketing Management LLC (trading as Pipeline) to appoint it as its exclusive agent for a period of two years to license and market the LiveOffer platform in the GCC - Dubai and surrounding countries (GCC Licence). Under the terms of the GCC Licence, revenues will be shared between Pipeline and Property Connect for fees generated both under the LiveOffer platform and any additional products added to the GCC Licence. The parties can agree to extend the GCC Licence beyond the initial 2 year term. The HOA is subject of satisfaction of several conditions, including obtaining all local regulatory approvals, due diligence and execution of formal documentation within 21 days of the HOA or such later period agreed. Property Connect and Pipeline are confident these conditions will be satisfied.