SOURCE: Quosal, Inc.

Quosal, Inc.

May 04, 2011 19:00 ET

Quosal Gains Investment From ConnectWise Capital

Next Level of Growth Fueled by Long-Time Partner

BOTHELL, WA--(Marketwire - May 4, 2011) - Quosal, Inc, provider of the market-leading Quosal software platform for the preparation, delivery and management of sales quotes and proposals and the Order Porter quote and proposal platform, has secured next-stage capitalization through investment by ConnectWise Capital.

"Quosal has enjoyed a strong partnership with ConnectWise literally since one week after we released our product in 2008," said Kent McNall, CEO of Quosal Inc. "The ConnectWise user community has embraced the Quosal and Order Porter solution set and has been our fastest-growing and most successful group. Through our tremendous strides with mutual partners, ConnectWise has grown confident in our ability to deliver quality solutions and great technology to the IT Nation."

Adding Quosal to the ConnectWise Capital investment suite is an important step in its start-to-finish strategy for IT and managed service providers (MSPs), according to Arnie Bellini, Chief Executive Officer at ConnectWise and co-founder of ConnectWise Capital with ConnectWise COO David Bellini. "Quosal has grown from a startup company with an empty client list to a market leader in the mission-critical quote and proposal automation space," Bellini said. "We have seen the benefits of the Quosal solution in our own business. The significant support Quosal provides to the too-often ignored quoting process has resonated within the IT Nation."

ConnectWise is one of several major integrations supported by Quosal in a list that includes salesforce.com, Autotask, Sage ACT! and SalesLogix, and Microsoft CRM. Quosal integrations also extend to Quickbooks, Microsoft Dynamics and more. Partner platform and integration support will continue to accelerate, according to McNall.

"Capitalization is great news for our customer and partner communities because it means 'More,'" said McNall. "More resources for development, client services, and customer support. Our roadmap contains exciting innovations and expansion of our key partner integrations. This logical move propels us toward that future. Capital investment in our company by outside investors is a terrific expression of confidence and belief in that roadmap and direction."

About Quosal, Inc.

Quosal, Inc. is the developer of the all-in-one sales quote and proposal preparation, delivery and management solution with market-leading features and technology. Quosal allows sales professionals to create timely, accurate and attractive quotes and proposals, with up-to-the-minute pricing, product specifications, product media and more. With Quosal Order Porter, quotes and proposals are delivered as personalized Web pages, allowing customers to select from a range of product options; modify quotes in real time; and even digitally sign contracts. With Quosal, MSPs can use the industry's first comprehensive "off-the-shelf" Managed Service Proposal. Quosal provides sales managers with full, transparent visibility into the entire quoting process, eliminating backlog and reducing the time of the sales cycle. Quosal is based in Bothell, WA. For more information please visit www.quosal.com.

About ConnectWise
Designed exclusively for the IT Channel, ConnectWise is the leading business management solution for service providers, MSPs, technology consultants, integrators, and developers. Today more than 50,000 IT professionals rely on ConnectWise to achieve greater accountability, operational efficiency and profitability. ConnectWise fully integrates CRM, sales, help desk ticket and tracking, project tracking, IT service management, SLAs, dispatch scheduling, mobile IT services, time and expenses into a singular IT management software to dramatically streamline IT companies. Over the last 28 years, ConnectWise has become the premier business operating system for IT solution providers. ConnectWise APIs are accessed by over 300 organizations, including ConnectWise partners and industry leaders of the IT Nation. For more information visit www.ConnectWise.com or call 800-671-6898.

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