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Renoworks Ranks Top 10 in Technology
Category of TSX Venture 50 List
CALGARY, Feb. 26, 2019 /CNW/ - Renoworks Software Inc.
(TSXV:RW) ("Renoworks"), the leading visualizer platform for
the home remodeling and construction industry, is pleased to
announce that it has been selected for the 2019 TSX Venture 50, a
ranking of the top performers on the TSX Venture Exchange over the
last year.
Renoworks ranks top 10 in the technology industry category of
the TSX Venture 50, a prestigious top-50 ranking out of 1,707
candidates listed on the TSXV based on market cap growth, share
price appreciation and trading volume. The companies listed on the
TSX Venture 50 also contribute heavily to job growth, with the top
50 companies on the list reporting that they added more than 2,200
new employees in 2018 with average hiring growth of 307%. [1]
"Being named to the TSX Venture 50 is a proud moment for
Renoworks and represents the culmination of a lot of hard work in
2018," said Doug Vickerson, CEO of
Renoworks. "Last year at Renoworks we saw dynamic growth in our
design services business unit, onboarded new manufacturers to our
platform, and attracted and recruited top talent into our
organization. We have a very positive outlook for 2019 as we
continue to provide innovative solutions to our clients and grow
the industry by forming strategic partnerships with like-minded
leaders such as Verisk company, Geomni."
The TSXV interview with Mr. Vickerson can be
viewed here.
[1] Source:
https://www.tmx.com/newsroom/press-releases?id=732
About TSX Venture 50
The Venture 50 are the top ten companies listed on TSX Venture
Exchange in each of five major industry sectors – mining, energy
& energy services, clean technology & life sciences,
diversified industries and technology – based on a ranking formula
with equal weighting given to market cap growth, trading volume
amount and share price appreciation. All data was as of
December 31, 2018.
About Renoworks
Renoworks Software Inc. develops and sells unique digital
visualization software and integration solutions for the remodeling
and new home construction industry. Renoworks delivers its
technology to manufacturers, contractors, builders, and retailers,
offering solutions to one of the home improvement industry's
greatest challenges: enabling homeowners to review their product
selections in a true-to-life virtual environment before committing
to purchases and construction. Renoworks markets its technologies
as innovative engagement tools and generates revenues from four
main business lines: Renoworks Enterprise, Renoworks PRO, Renoworks
Design Services, and Renoworks API (Application Programming
Interface).
For more information,
visit: www.renoworks.com and www.renoworkspro.com.
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.
SOURCE RenoWorks Software Inc.