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Renoworks Ranks Top 10 in Technology Category of TSX Venture 50 List
CALGARY, Feb. 26, 2019 /CNW/ - Renoworks Software Inc. (TSXV:RW) ("Renoworks"), the leading visualizer platform for the home remodeling and construction industry, is pleased to announce that it has been selected for the 2019 TSX Venture 50, a ranking of the top performers on the TSX Venture Exchange over the last year.
Renoworks ranks top 10 in the technology industry category of the TSX Venture 50, a prestigious top-50 ranking out of 1,707 candidates listed on the TSXV based on market cap growth, share price appreciation and trading volume. The companies listed on the TSX Venture 50 also contribute heavily to job growth, with the top 50 companies on the list reporting that they added more than 2,200 new employees in 2018 with average hiring growth of 307%. 
"Being named to the TSX Venture 50 is a proud moment for Renoworks and represents the culmination of a lot of hard work in 2018," said Doug Vickerson, CEO of Renoworks. "Last year at Renoworks we saw dynamic growth in our design services business unit, onboarded new manufacturers to our platform, and attracted and recruited top talent into our organization. We have a very positive outlook for 2019 as we continue to provide innovative solutions to our clients and grow the industry by forming strategic partnerships with like-minded leaders such as Verisk company, Geomni."
The TSXV interview with Mr. Vickerson can be viewed here.
About TSX Venture 50
The Venture 50 are the top ten companies listed on TSX Venture Exchange in each of five major industry sectors – mining, energy & energy services, clean technology & life sciences, diversified industries and technology – based on a ranking formula with equal weighting given to market cap growth, trading volume amount and share price appreciation. All data was as of December 31, 2018.
Renoworks Software Inc. develops and sells unique digital visualization software and integration solutions for the remodeling and new home construction industry. Renoworks delivers its technology to manufacturers, contractors, builders, and retailers, offering solutions to one of the home improvement industry's greatest challenges: enabling homeowners to review their product selections in a true-to-life virtual environment before committing to purchases and construction. Renoworks markets its technologies as innovative engagement tools and generates revenues from four main business lines: Renoworks Enterprise, Renoworks PRO, Renoworks Design Services, and Renoworks API (Application Programming Interface).
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.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE RenoWorks Software Inc.
For further information: on Renoworks, please contact: Doug Vickerson, CEO, Phone: 403-296-3880, E-mail: [email protected]; Renoworks Software Inc., 2721 Hopewell Place NE, Calgary, Alberta, Canada T1Y 7J7; For investor information for Renoworks please contact: Rob Gamley, Phone: 604-689-7422, Email: [email protected], Contact Financial Corp., 810 - 609 Granville St., Vancouver, BC, Canada V7Y 1G5