Renoworks creates designer solution for new product category - Renoworks well positioned for further growth with experienced sales team in-place
CALGARY, ALBERTA, December 11, 2017 – Renoworks Software Inc. (TSXV: RW)(PINK SHEETS: RWOKF)(“Renoworks” or the “Company”), the leading visualizer for the home remodeling and construction industry, is pleased to announce it recently added an Australian-based interior moulding manufacturer to its platform.
Interior trim and moulding represents an exciting new product category for the Company as it works with additional manufacturers to bring visual solutions to the market and expand its product offerings. The Australian-based company manufacturers and supplies specialized mouldings and architectural building products to all areas of the construction industry. This manufacturer becomes the third enterprise customer on Renoworks’ platform to be based out of Australia.
“Renoworks continues to provide cost-effective solutions and expand its offerings into new categories,” said Doug Vickerson, CEO of Renoworks. “With over a million unique users a year on our platform, our partners and customers are seeing the benefit of working with us.”
Mr. Vickerson continued, “Interestingly, the addition of another manufacturer outside our current North America focus illustrates the global potential as we continue to expand our industry reach. In North America alone, there is a sizeable market segment with approximately 5,000 building products manufacturers and we’ve only begun to scratch the surface.”
The Company is also pleased to report that it has completed the expansion of its sales team to support its strategic growth. The new hires bring substantial experience and will complement the existing sales team and drive the sales initiatives for the Company’s multiple business units across all its applications.
Mr. Vickerson said of the hiring, “In response to the increasing demand in all of our business units we have once again expanded our sales team. We now have all the components in-place both from a sales and operational standpoint to capitalize on our current momentum and position our Company for significant sales growth for 2018 and beyond.”
For over 18 years, Renoworks has offered building product manufacturers various digital marketing and sales solutions that showcase their products in a realistic, true-to-life manner. By utilizing the Renoworks digital visualization platform, manufacturers of exterior and interior building products benefit from increased interactive engagement through web sites and mobile devices., resulting in an increased number of homeowner leads, better understanding of specific homeowner interests, and a rich compilation of user data they receive using the Renoworks platform. For more information on Renoworks solutions, visit the Company’s website at https://www.renoworks.com/our-work/.
About Renoworks
Renoworks Software Inc. develops and sells unique digital visualization software for the remodeling and new home construction industry delivered online, as a mobile application or windows desktop solution. Renoworks provides its technology to manufacturers, contractors, builders and retailers offering the solution to one of the home remodeling industry’s greatest challenges: enabling customers to see how their product choices will look in a realistic, virtual environment – even in their own home – before they make a purchase decision. Renoworks markets its software as a cost-effective lead generation tool and generates revenues from four main business lines: Renoworks Enterprise, Renoworks PRO, Renoworks Design Service and Renoworks SDK (Software Development Kit). For more information, visit: www.renoworks.com and www.renoworkspro.com.
For further information please contact:
Doug Vickerson, CEO
Phone: 403-296-3880
Email: doug.vickerson@renoworks.com
Renoworks Software Inc.
2721 Hopewell Place NE
Calgary, Alberta, Canada T1Y 7J7
For investor information for Renoworks please contact:
Rob Gamley
Phone: 604-689-7422
Email: rob@contactfinancial.com
Contact Financial Corp.
810 – 609 Granville St.
Vancouver, BC, Canada V7Y 1G5
Forward Looking Information
Certain statements in this news release, other than statements of historical fact, are forward looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.