SOURCE: The Chron Organization

May 12, 2016 09:00 ET

Chron Home Services, Inc. Collaborates With i10 Innovations for Full ERP Solution and Co-Developing New Product Offerings

DALLAS, TX--(Marketwired - May 12, 2016) - The Chron Organization, Inc. (OTC PINK: CHRO), announced today that it has entered into a multi-year license agreement with i10 Innovations, an ERP software provider and boutique consulting group. The i10velocity ERP platform provides all manner of required operability that a full solutions provider such as Chron Home Services would desire. The platform includes all CRM and channel management functions, CIS and billing functions, AR detailed functionality, logistics and project management functions and readily integrates into the Company's various third party service providers. 

"The most impressive aspect of the i10velocity ERP platform is the ease with which we can add customized and proprietary features," stated Chron President, Alex Rodriguez. 

In addition to the ERP license agreement, the two companies have also entered into discussions to discover other potential synergies. The Company is hopeful to announce a strategic relationship with i10 Innovations very soon that would accommodate joint product and strategy development.

Chron Chairman, Byron Young, remarked, "i10's Founder and President of Innovation, Adam Miller, is by all means a wunderkind when it comes to the home services industry. We are excited at the possibility of forging a long term relationship with them."

Adam Miller, Founder of i10 Innovation, said, "It's exciting to partner with a client like Chron Home Services; a team of forward thinkers who understand the future of the industry and are intent on taking the charge."

Rodriguez concluded, "Chron expects the ERP implementation to be completed within the next thirty days."

ABOUT THE CHRON ORGANIZATION

The Chron Organization, Inc. (OTC PINK: CHRO) is a 21st century services company providing state-of-the-art Smart Home technologies and the next generation in energy utility services. The Company provides homeowners and businesses with the latest in security, monitoring and automation controls enabling homeowners and businesses to have a Smart Home and a Smart Business at an affordable price. CHRON combines that with its cloud-based, green energy services, reducing both their carbon footprint and their monthly energy expense. The Company's plan is to capture 5% of homeowners, while dramatically reducing the nation's peak electricity demand. To learn more about Chron Home Services, please visit the website at www.chronhomeservices.com.

ABOUT i10 INNOVATIONS

Embracing the core values of integrity, innovation and growth, i10 Innovations stands at the forefront of the fastest moving security and technology trends. The company's founders have expansive industry experience and have built reputations for developing business strategies, incubating new business models, and building channel programs. By leveraging diverse business relationships, i10 sets the foundation for partners to accelerate growth and expand their market penetration by utilizing the i10 economic engine. To learn more, visit http://www.i10innovations.com/i/

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file at www.OTCMarkets.com.

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