Great Customer Response to Contracting Industry's First Online Sales Platform Launched by Remote
Sales Force
CALGARY, March 7, 2017 /CNW/ - 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 an update on the successful launch of strategic partner Remote Sales Force's One
Click Contractor software solution for the remodel industry. Renoworks holds a 33 1/3% equity interest in Remote Sales Force,
Inc.
Since its launch in early February, over 30 customers are now using One Click Contractor, a brand new service integrating
Renoworks visualizer technology with Remote Sales Force's software-as-a-service functionality enabling contractors to sell
remodel projects remotely (see press releases dated February 1, 2017 and February 16, 2017). Renoworks and its partner Remote Sales Force co-market One Click Contractor to
existing and new clients. Remote Sales Force markets and sells directly through its sales and marketing team while
Renoworks markets via its Renoworks Pro Fully Loaded product offering which can be found at: Renoworks PRO Fully Loaded. Through this
co-marketing relationship, Renoworks can derive revenue through a monthly fee per user regardless of which entity completes the
product sale.
Remote Sales Force's One Click Contractor, bundled with Renoworks visualizer technology, is a sales tool designed to help
improve the productivity of contractors and address a number of market needs. One Click Contractor allows home remodelling
contractors to sell online, thus helping contractors reduce transportation costs, improving operational efficiency.
"Remote Sales Force's Solution is clearly resonating with the remodel industry," said Doug
Vickerson, CEO of Renoworks. "Our market research and meetings with contractors and industry players identified
significant demand for a complete online solution for buying and selling remodel projects. The growing importance of buying
and selling home improvement projects online has led to a bold prediction that over the next five years, half of all exterior
replacement sales will be completed remotely1," explained Mr. Vickerson. "This software is a critical sales tool
for contractors and addresses a number of market needs that may result in quick scale and revenue increases for Renoworks."
About Home Remodeling Industry Online Trends – PRO Remodeler Magazine1
Consumer purchasing behavior is rapidly and increasingly moving towards online buying as a preferred method of shopping. There
is a new mindset emerging in the home remodeling industry as buying habits are shifting to the internet and the future of the
industry is online. Demographers and researchers find that each generation is looking for a seamless online experience when
buying products. In 2016, a survey by UPS and comScore showed that Millennials and non-Millenials make 54% and 49% of their
purchases online respectively. For contractors, less time is spent driving to sales calls and presenting to homeowners,
making representatives significantly more productive. In addition, businesses can expand their marketing area. The growing
importance of buying and selling home improvement projects has led to a bold prediction that over the next five years, half of
all exterior replacement sales will be completed remotely.1
1Taylor, E. (2017, February 17). "The One-Click Future", Pro Remodeler, Online:
https://www.proremodeler.com/blog/one-click-future
About Renoworks
Renoworks Software Inc. develops and sells unique digital visualization software for the remodelling and new home
construction industry, primarily in the United States and Canada. Delivered online, as a
custom developed app or desktop software, Renoworks provides its technology to manufacturers, contractors, builders and retailers
offering the solution to one of the home remodelling 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 three main business lines:
enterprise, Renoworks PROTM, and its Software Development Kit (SDK). For more information, visit www.renoworks.com
About Remote Sales Force
Remote Sales Force Inc. develops and sells software for the remodelling industry in the
United States and Canada. Remote Sales Force is a software-as-a-service provider devoted to building solutions that
will change the way remodel projects are bought and sold. For more information, visit www.remotesf.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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.
SOURCE RenoWorks Software Inc.
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