Home » Business News » 2012 » October » October 1, 2012

GroveWare Technologies Enjoys Expanded Revenue Opportunities Due to Supplier Arrangement with the United States General Services Administration for Purchase of MobiTask and eXFORMA Software

October 1, 2012 - TORONTO, ONTARIO

GroveWare Technologies (OTCQB: GROVD), a Toronto-based developer of mobile enterprise solutions is now piloting multiple new projects with several federal and state departments and agencies, many facilitated by its status as an approved technology supplier to the United States government under the terms of IT Schedule 70. As a scheduled supplier, GroveWare's MobiTask and eXFORMA may be procured, with pre-arranged pricing and terms, by any department or agency of the U.S. government without the need for formal tender or solicitation. GSA federal approval also makes GroveWare an authorized solution supplier to most states, municipalities, educational and healthcare institutions and all other government-funded institutions.

As a division of the GSA's Federal Acquisition Service, the Integrated Technology Services (ITS) business portfolio provides government departments and agencies with a full range of acquisition solutions for information technology and telecommunication goods and services. ITS and Schedule 70 facilitates procurement of the latest technology and quality solutions and services from reputable and pre-qualified GSA vendors.

"GroveWare is excited and honored to have been approved as a supplier to the world's largest purchaser of technology and looks forward to the opportunity to provide solutions that will help improve the administrative workflow, assist the process management challenges and help alleviate the budget constraints faced by all government agencies," comments Hrair Achkarian, GroveWare's CEO. "MobiTask's ability to lower the cost and improve the efficiency of many governmental licensing, inspection and data collection responsibilities is particularly attractive as all departments are being challenged to do more with less. Recent successes with several state governments and on-going pilots with several large federal agencies point to continued revenue growth from the government sector and our GSA approval certainly adds to our ability to exploit those opportunities".

A MobiTask installation is comparatively inexpensive to set-up, typically costing customers only a few thousand dollars for initial design, configuration and integration and each user is then charged a monthly fee by GroveWare for use of the software. By comparison, custom-built solutions can often cost tens or even hundreds of thousands of dollars. The monthly subscription fees paid to GroveWare are almost always offset by many multiples of operating cost savings which makes the value proposition very attractive to any government entity.

About GroveWare Technologies Ltd.

GroveWare is one of North America's leading providers of mobile solutions to government and 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.

GroveWare Technologies Ltd.
W. Scott Boyes
Chief Financial Officer


Comment on this story