Renoworks $RW Brings Leading Visualization Technology To Several Top US Homebuilders

Renowork(TSXV: RW)(PINK SHEETS: RWOKF)

Renoworks Software Inc., a leading provider of digital home imaging software and web solutions for new home construction and home renovation markets, is pleased to announce the adoption of its leading visualization platform with several top US Homebuilders.

Renoworks SDKTM is a Software-Development-Kit (SDK) allowing technology companies, digital marketing agencies and other partners servicing the home remodeling and builder markets to create rich, interactive applications using the Renoworks visualization platform.

“We are very pleased with the success of our leading visualization technology platform with several of the nation’s largest homebuilders. The introduction of our technology beyond our traditional remodeling clients into the homebuilder segment is one of our Company’s key strategic growth imperatives.  Growing demand from homebuilders offers an exceptional opportunity for us to rapidly penetrate this untapped market and grow revenue through building a significant presence in the new home construction industry”.

-Doug Vickerson, CEO of Renoworks

In the new home construction industry, single-family construction is on the increase. Housing markets continued to strengthen in 2017, with new and existing home sales, prices and construction levels on the rise.  Single-family construction, traditionally the largest source of residential investment remains well below historical levels.