2012-05-17 07:53:04 -
Mississauga, Ontario CANADA, May 16, 2012 /FSC/ - Genesis Worldwide Inc. (GWW.H - NEX"Genesis" or the "Company a leading provider of green and sustainable structural building products and technology, is pleased to announce the availability of reseller license packages for the Company's stand-alone product, FrameBuilder(r) (refer to the Company's press release dated May 10, 2012).
Richard Pope, CEO and Chairman of Genesis, announced, "FrameBuilder(r) license packages are now available at special reseller prices allowing buyers to resell individual licenses at retail price while realizing a fair profit for themselves. The license packages include full service software seats, including regular updates, technical support and training. We provide licensees with all the support they need to be successful."
FrameBuilder(r) is a powerful
advanced 3D modeling tool that integrates an AutoCAD platform with the Company's proprietary database and an intuitive screen set-up process which allows users to quickly configure and design a light steel framing project. This software has integrated engineering rules and details engine built into the application enabling designers to optimize each building structure and improve design efficiency. It also contains a model checker module that performs automated design checks to assist designers with recognizing design consistencies, potential design conflicts, and errors.
Top benefits of FrameBuilder(r):
* Faster 3D CAD modeling with greater accuracy
* Import existing CAD files
* Powerful project implementation
* Your data remains on your site and is secure
* Low cost of entry
* Ability to design commercial and residential buildings.
"By having independent licensees selling Genesis' stand-alone FrameBuilder(r), it will allow the Company to be able to penetrate local construction markets faster and provide a marketing presence. Genesis is excited to take on this new marketing strategy and management believes it has the tools and support to help grow the Company's market potential," stated Hank Morfin, the Company's International Sales Director. "The integration of stand-alone sales is an important step towards delivering the Company's green sustainable design technology to an international construction customer base."
About Genesis Worldwide Inc.
Genesis is a provider of green light steel building technology and solutions targeted at the global commercial, residential and institutional building sectors. Genesis delivers customized turnkey structural solutions, and provides software packages, industrial equipment, training programs, professional services and support ("Genesis Solution") to its customers and partners globally. Headquartered in the Greater Toronto Area in Ontario, Canada, Genesis has established a network of partners with engineering, manufacturing and distribution operations in Canada, the United States, the Middle East, Eastern Europe, Russia and South East Asia. For additional information about the Company, visit www.genesisworldwide.com.
Caution Regarding Forward-Looking Information
Certain statements in this press release which are not historical facts constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws ("forward-looking statements") and are made pursuant to the "safe harbour" provisions of such laws. Statements related to the Company's projected revenues, earnings, growth rates, performance, business prospects and opportunities are forward-looking statements, as are any statements relating to future events, conditions or circumstances. The use of terms such as "may", "will", "should", "plan", "believes", "predict", "potential", "anticipate", "expect", "project", "target", "estimate", "continue", and similar terms are intended to assist in identification of these forward-looking statements. These statements are based on certain factors and assumptions including expected growth, results of operations, performance and business prospects, and opportunities. These assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect.
Readers are cautioned not to place undue reliance upon such forward-looking statements. Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance or achievements of the Company to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements.
Many factors could cause the actual results of the Company to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements, including, without limitation, those factors discussed under the heading "Risk Factors" in the Company's most recent Annual Information Form ("AIF a copy of which is available on SEDAR at www.sedar.com. Forward-looking statements are based on management's current plans, estimates, projections, beliefs and opinions, and, except required by law, the Company does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
- 30 -
For further information contact:
Genesis Worldwide Inc.
President & Chief Executive Officer
Tel: (707) 478-6250
To view this press release as a web page, please click on the following link: www.usetdas.com/pr/genesis05162012.htm
Source: Genesis Worldwide Inc. (NEX: GWW.H) www.genesisworldwide.com
Maximum News Dissemination by FSCwire. www.fscwire.com