NEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Balincan USA Inc. ("Balincan" or the "Company") announces that Graham King, a highly recognized and long-time Services Industry leader, will take on the role of Chief Operating Officer.
Mr. King brings over four decades of global experience in the services industry with leadership roles in OEMs, large and small service companies and distributors, to Tekumo, a wholly owned subsidiary of Balincan USA, Inc.
“The Services Industry has been broken for many years. Margin stacking, poor service quality and missed Service Level Agreements (SLA’s) are commonplace”, stated Mr. King. He continued, “Tekumo’s unique Software Platform, TekumoPRO, coupled with innovative service delivery strategies like TekTEAMS, aligns delivery closer to the OEM setting the new bar with quality, availability and SLA attainment”.
Chris Nichols, Tekumo CSO, added “We are excited to have Graham formally join the team. He immediately recognized the power of our enterprise level software, integrated with multiple pools of local skilled labor, allowing us to deliver customized solutions and real time data to a variety of end users. We become the ‘elastic’ service delivery arm for almost any technology-based OEM.”
The global IT managed service market size was valued at $239.71 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.4% from 2022 to 2030 to over $655.53 billion according to Grand View Research.
Tekumo is founded by a small group of successful entrepreneurs; Strings Kozisek (CEO), Chris Nichols (CSO), Phillip Dignan (President/CFO), and Jacob Beasley (CTO). This team brings a shared vision and shared history. Their previous ventures in the software, managed services, organic material manufacturing, retail and automotive verticals are currently generating over $300M in annual revenue.
The Company offers three main product lines. TekumoPRO is a platform that connects enterprises, retailers, and OEM’s with local skilled resources to install and maintain technology systems. It delivers a smarter dynamic workforce, intelligent automation, real-time visibility, and full integration into client service management systems.
TekumoSMART delivers on the complete service chain for smart connected devices. It installs, monitors and manages sensors, devices gateways, hubs, and data for multiple verticals including Multiple Dwelling Units (MDU’s), Quick Service Restaurants (QSR’s), Assisted Living, Retail, Hospitality, Utilities, Builders, Insurance, and Healthcare – all with 24/7 onsite support.
TekumoIQ provides real-time risk management and process management data from all connected assets, accessible via Tekumo dashboards or directly delivered into any end user ecosystem.
Tekumo is headquartered in Colorado Springs, Colorado.
About Balincan USA, Inc.
Balincan USA, Inc (OTC: BCNN) is an alternative reporting publicly held company that wholly-owns Tekumo LLC.
For more details related to the Company, please see the Company's Current Disclosure filed with OTC Markets on November 14, 2022.
Safe Harbor:
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the Company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the Company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the Company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The Company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Colorado Springs, CO
Timothy Simpson, Investor Relations
719-900-4535
