|[February 11, 2013]
GroveWare Technologies Enters Into Agreement with Latex Construction Co.
TORONTO --(Business Wire)--
GroveWare Technologies Ltd. (GROV)
- a provider of enterprise mobile solutions connecting workforces by
mobile devices, is pleased to announce a technology services agreement
with Latex Construction Co., based in Atlanta, Georgia. Under the terms
of the agreement, GroveWare will supply its revolutionary mobile data
collection and communication technologies (MobiTask™) in the field for
Latex Construction, allowing the company to simultaneously increase
efficiency and worker safety.
Introduced to GroveWare by Business Solutions partner Verizon (News - Alert) Wireless,
Latex Construction, specializes in Pipeline construction, under contract
with Atlanta Gas Company, is qualified to do business in 37 states and
enjoys one of the largest bonding capabilities in the U.S. with a stated
emphasis on worker safety. GroveWare will assist Latex Construction
using its MobiTask™ app which allows Latex field operatives to better
enforce safety compliance and reporting onsite through a broad spectrum
of mobile devices. The technology enables Latex Construction to create a
paperless exchange of critical data from the field to the cloud where it
can be recalled as needed.
"This is a critical step in the execution of our business plan," states
GroveWare Technologies CEO, Hrair Achkarian. "The agreement gives us our
largest account to date in an industry clamoring for greater efficiency
and safety which is populated by well over five million workers and over
750,000 companies. Not only does this agreement add yet another vertical
to the markets we're servicing but it will also provide a template and
substantive case study to use when prospecting other potential clients.
And like our previous construction industry accounts, this deal is
designed to generate recurring revenue over a term of 3-5years,
contributing to construction related revenue we expect to exceed $2
million in 2013 alone."
"It is becoming evident that our technology is a game changer for the
construction industry," said Achkarian. "MobiTask™ effectively prevents
data loss by eliminating paper and allows the company to communicate to
insurance companies and regulatory bodies in a much more efficient way,
simultaneously reducing liability, fines, and other penalties while
generally improving worker safety site-wide."
Stay informed on GroveWare Technologies developments by getting FREE
news alerts & updates delivered directly to your mobile phone by texting
GROV to 545454 from your cellular device or visit http://grov.mobi
for more details.
For more information on Latex Construction Co. visit www.latexconstruction.com/
About GroveWare Technologies Ltd.
GroveWare is one of North America's leading providers of mobile
solutions to enterprise, connecting workforces by mobile device to a
wide selection of ERP systems and helping American businesses and
institutions to enhance productivity and improve profitability by
mobilizing and automating business processes. GroveWare's showcase
software, MobiTask, is a wireless client application compatible with all
smartphones and tablets including: iPhone®, iPad®, BlackBerry®,
PlayBook™, and all devices using the Android (News - Alert)™ or Windows Mobile®
wireless platforms. MobiTask mobilizes employee tasks in the field and
connects them directly to the organization's enterprise software
systems. MobiTask allows organizations to rapidly and cost-effectively
deploy mobile solutions for workers on the go. MobiTask provides the
convenience of using dynamic electronic forms created using GroveWare's
eXFORMA™ middleware to collect field data, manage workflow, HR and CRM
tasks wirelessly, store documents locally and integrates quickly with
most ERP systems and back-end databases on any application such as
Oracle (News - Alert)® e-Business Suite™, PeopleSoft™, SharePoint™, Kronos® Workforce
Central™, MS Dynamics™ or SAP®. Users can remotely and wirelessly
clock-in/out, approve and initiate workflow tasks, or use dynamic
e-Forms for inspections, licensing and data collection all from their
smartphones. GroveWare is especially targeting the government,
construction, healthcare, and law enforcement sectors and its successes
to-date and rapidly growing interest from these and other quarters of
business, provide exciting growth challenges and opportunities for the
Safe Harbor Statement: Certain statements and information
included in this release constitute "forward-looking statements" as
defined in the Federal Private Securities Litigation Reform Act of 1995.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the company to be materially different
from any future results, performance or achievements expressed or
implied in such statements. Additional discussion of factors that could
cause actual results to differ materially from management's projections,
estimates and expectations is contained in the Company's SEC (News - Alert) filings.
The Company assumes no obligation to update any forward-looking
statements as a result of new information, future events or
developments, except as required by federal securities laws.
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