Renoworks Announces New Enterprise Customers

CALGARY, ALBERTA--(Marketwired - March 15, 2016) - Renoworks Software Inc. (TSX VENTURE:RW) ("Renoworks" or the "Company") is pleased to announce that in 2015 its leading visualizer technology became the solution of choice for twenty-one new building products manufacturers. Renoworks offers building products manufacturers a number of different digital marketing and sales solutions that highlight the products they manufacture in a realistic, true-to-life manner. Many manufacturers choose to develop digital product libraries with Renoworks in order to expand their distribution channel on the Renoworks PRO™ platform. Others choose to incorporate the full Renoworks solution suite into different marketing and sales initiatives including - online visualizers, mobile applications, builder and channel programs, or integrated pricing solutions. For more information on Renoworks solutions, visit the Company's website at http://renoworks.com/our-work/.

"Renoworks technology has provided a cost-effective offering to the building products industry for over 15 years and continues to deliver innovative solutions and insight to potential customers," said Doug Vickerson, CEO of Renoworks. "For example, by implementing our visualization technology, our manufacturer partners have found that customer engagement on company websites consistently outperform industry average for time on site. We empower our manufacturer partners by bringing solutions that will captivate the homeowner by helping them visualize the home they want." Mr. Vickerson added, "We estimate that there are approximately 4,000 building products manufacturers in North America that could potentially use Renoworks digital platform."

By utilizing the Renoworks digital visualization platform, manufacturers of exterior and interior building products can benefit from increased engagement on company or partner websites, an increased number of homeowner leads, a better understanding of specific homeowner interests, and a rich compilation of user data they receive using the Renoworks platform.

About Renoworks

Renoworks Software Inc. develops and sells unique digital visualization software for the remodelling and new home construction industry, primarily in the United States and Canada. Delivered online, as a custom developed app or desktop software, Renoworks provides its technology to manufacturers, contractors, builders and retailers offering the solution to one of the home remodelling industry's greatest challenges: enabling customers to see how their product choices will look in a realistic, virtual environment - even in their own home - before they make a purchase decision. Renoworks markets its software as a cost-effective lead generation tool and generates revenues from three main business lines: enterprise, Renoworks PRO™, and its Software Development Kit (SDK). For more information, visit www.renoworks.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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.