GroveWare Technologies Ltd.
OTCQB : GROV

GroveWare Technologies Ltd.

August 13, 2012 09:32 ET

GroveWare Technologies Sees Growing Adoption of MobiTask by Property Maintenance and Real Estate Management Companies

TORONTO, ONTARIO--(Marketwire - Aug. 13, 2012) - GroveWare Technologies Ltd. (OTCQB:GROV) is continuing to diversify its customer base for MobiTask, its flagship solution designed to help transition business and government away from paper-based processes to the modern, wireless world. Recent successes in the mechanical contractor sector are now being mirrored by the Company's expansion into the property maintenance and real estate management arena.

Such businesses are installing MobiTask on their wireless devices, smartphones and tablets, and using this robust solution to schedule, monitor and record cleaning, maintenance and repair tasks, collect and record data re work completed, labor-time, materials costing and billing information. MobiTask has been successfully implemented by property maintenance and real estate management companies in select north-eastern states and the Company is looking to this industry as a potentially large and lucrative market for its software. These GroveWare customers are now reporting that, by providing them with accurate and "real-time" data sent through MobiTask by their employees and supervisors, they are better able to serve their own clients, and respond to service and maintenance issues, while enjoying higher levels of labor efficiency, lower administration costs and accelerated invoicing and receivable turnover.

"Every large, commercial, industrial and institutional building in the country has its cleaning and maintenance functions managed by an internal employee group or by an outside contractor", remarks Harry Achkarian, GroveWare's CEO. "The vast majority of these groups and contractors still use inefficient paper-processes to schedule, monitor and document maintenance tasks, labor utilization and materials used. Because of the cost savings and productivity gains available to MobiTask users, each of these groups and contractors are potential GroveWare customers. We intend to work aggressively with our wireless channel partners to expand deployment of MobiTask in this sector and to assist customers to exploit and the operational, administrative and cost efficiencies that MobiTask can make available to them."

"The U.S. Commerce Department statistics report that there are over 82,000 companies in the building maintenance sector employing well over 900,000 people. These businesses operate in an extremely competitive environment and each needs to find more effective ways to manage their labor and materials costs, but many do not have the capital budgets to invest in expensive and complex computer systems," says Achkarian." GroveWare brings to them, an affordable solution that can help them manage their overheads and provide a more reliable service to their customers, both prerequisites to growth and profitability in a very price competitive marketplace."

With a growing list of new customers in several U.S. cities, GroveWare sees the building maintenance industry as a huge opportunity for growth in sales of its MobiTask solution and a lucrative and sustainable arena for future revenues.

About GroveWare Technologies Ltd.

GroveWare is one of North America's leading providers of mobile solutions to enterprise, connecting workforces by mobile device to a wide selection of ERP systems and helping American businesses and institutions to enhance productivity and improve profitability by mobilizing and automating business processes. GroveWare's showcase software, MobiTask, is a wireless client application compatible with all smartphones and tablets including: iPhone®, iPad®, BlackBerry®, PlayBook™, and all devices using the Android™ or Windows Mobile® wireless platforms. MobiTask mobilizes employee tasks in the field and connects them directly to the organization's enterprise software systems. MobiTask allows organizations to rapidly and cost-effectively deploy mobile solutions for workers on the go. MobiTask provides the convenience of using dynamic electronic forms created using GroveWare's eXFORMA™ middleware to collect field data, manage workflow, HR and CRM tasks wirelessly, store documents locally and integrates quickly with most ERP systems and back-end databases on any application such as Oracle® e-Business Suite™, PeopleSoft™, SharePoint™, Kronos® Workforce Central™, MS Dynamics™ or SAP®. Users can remotely and wirelessly clock-in/out, approve and initiate workflow tasks, or use dynamic e-Forms for inspections, licensing and data collection all from their smartphones. GroveWare is especially targeting the government, construction, healthcare, and law enforcement sectors and its successes to-date and rapidly growing interest from these and other quarters of business, provide exciting growth challenges and opportunities for the company.

Safe Harbor Statement: Certain statements and information included in this release constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

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