BOARDWALKTECH SIGNS MULTI-YEAR CONTRACT WITH GLOBAL PROFESSIONAL SERVICES FIRM AND APPOINTS STEVE BENNET AS CFO
Boardwalktech Software Corp. (OTCQB: BWLKF) has announced two significant developments. First, the company secured a multi-year contract with a NYSE-listed global professional services firm for its Velocity product implementation, expected to generate $70,000 in first-year ARR plus $40,000 in follow-on ARR. The initial deployment will serve approximately 30 users in the client's finance subdivision.
Additionally, the company appointed Steve Bennet as CFO. Bennet, a current director, brings over 30 years of experience as CFO, investor, and board member of more than 100 technology startups, including notable companies like Rollbar, Revel Systems, and several acquired ventures.
Boardwalktech Software Corp. (OTCQB: BWLKF) ha annunciato due sviluppi significativi. In primo luogo, l’azienda ha assicurato un contratto pluriennale con una società globale quotata in NYSE per servizi professionali per l’implementazione del prodotto Velocity, con un ARR del primo anno di 70.000 USD e ulteriori 40.000 USD di ARR successivi. Il primo dispiegamento servirà circa 30 utenti nella divisione finanza del cliente.
Inoltre, l’azienda ha nominato Steve Bennet come CFO. Bennet, attuale membro del consiglio, vanta oltre 30 anni di esperienza come CFO, investitore e membro del consiglio in più di 100 startup tecnologiche, tra cui aziende note come Rollbar, Revel Systems e diverse realtà acquisite.
Boardwalktech Software Corp. (OTCQB: BWLKF) ha anunciado dos desarrollos importantes. En primer lugar, la empresa aseguró un contrato multianual con una firma global de servicios profesionales cotizada en la NYSE para la implementación de su producto Velocity, con un ARR del primer año de $70,000 y $40,000 en ARR de seguimiento. El despliegue inicial atenderá a aproximadamente 30 usuarios en la división de finanzas del cliente.
Además, la compañía nombró a Steve Bennet como CFO. Bennet, actual director, aporta más de 30 años de experiencia como CFO, inversionista y miembro de la junta de más de 100 startups tecnológicas, incluidas empresas destacadas como Rollbar, Revel Systems y varias firmas adquiridas.
Boardwalktech Software Corp. (OTCQB: BWLKF)가 두 가지 중요한 개발을 발표했습니다. 먼저, 회사는 Velocity 제품 구현을 위한 NYSE에 상장된 글로벌 전문 서비스 회사와의 다년 계약을 체결했으며, 이는 첫 해 ARR 70,000달러와 이후 ARR 40,000달러를 창출할 것으로 예상됩니다.
초기 배치는 고객의 재무 부서에 속한 약 30명의 사용자를 지원합니다.
또한, 회사는 Steve Bennet을 CFO로 선임했습니다. Bennet은 현재 이사회 멤버로서 30년이 넘는 CFO, 투자자 및 100개가 넘는 기술 스타트업의 이사회 구성원으로서의 경력을 보유하고 있으며, Rollbar, Revel Systems 등 다수의 주목받는 기업과 인수된 벤처를 포함합니다.
Boardwalktech Software Corp. (OTCQB: BWLKF) a annoncé deux évolutions importantes. Premièrement, l’entreprise a conclu un contrat pluriannuel avec une entreprise mondiale de services professionnels cotée au NYSE pour la mise en œuvre de son produit Velocity, qui devrait générer un ARR du premier année de 70 000 USD et 40 000 USD d’ARR supplémentaires par la suite. Le déploiement initial concernera environ 30 utilisateurs dans la subdivision finances du client.
Par ailleurs, la société a nommé Steve Bennet au poste de CFO. Bennet, actuellement administrateur, apporte plus de 30 ans d’expérience en tant que CFO, investisseur et membre du conseil dans plus de 100 startups technologiques, y compris des entreprises notables comme Rollbar, Revel Systems et plusieurs ventures acquis.
Boardwalktech Software Corp. (OTCQB: BWLKF) hat zwei bedeutende Entwicklungen bekannt gegeben. Erstens hat das Unternehmen einen mehrjährigen Vertrag mit einer an der NYSE notierten globalen Beratungsfirma für die Implementierung seines Velocity-Produkts abgeschlossen, der voraussichtlich 70.000 USD im ersten Jahr als ARR sowie 40.000 USD an Folge-ARR generieren wird. Die Erstausführung wird ca. 30 Benutzer in der Finanzabteilung des Kunden bedienen.
Darüber hinaus hat das Unternehmen Steve Bennet zum CFO ernannt. Bennet ist derzeit Vorstandsmitglied und bringt mehr als 30 Jahre Erfahrung als CFO, Investor und Vorstandsmitglied von über 100 Technologie-Startups mit, darunter namhafte Unternehmen wie Rollbar, Revel Systems und mehrere akquirierte Ventures.
Boardwalktech Software Corp. (OTCQB: BWLKF) أُعلنت عن تطورين هامين. أولاً، قامت الشركة بتأمين عقد متعدد السنوات مع شركة خدمات استشارية عالمية مدرجة في بورصة نيويورك لتنفيذ منتج Velocity، مع توقع توليد 70,000 دولار كـ ARR للسنة الأولى و40,000 دولار إضافية من ARR لاحق. سيخدم التوزيع الأول حوالي 30 مستخدماً في قسم المالية لدى العميل.
بالإضافة إلى ذلك، عينت الشركة ستيف بنِت كـ CFO. بنِت، وهو عضو حالي في المجلس، يجلب أكثر من 30 عاماً من الخبرة كـ CFO ومستثمر وعضو مجلس إدارة لأكثر من 100 شركة ناشئة في مجال التكنولوجيا، بما في ذلك شركات بارزة مثل Rollbar و Revel Systems وعدة شركات مكتسبة.
Boardwalktech Software Corp.（OTCQB：BWLKF）宣布了两项重要进展。首先，公司与一家在NYSE上市的全球性专业服务公司签订了多年的合约，为其Velocity产品实施，预计在首年产生70,000美元的 ARR，以及随后的40,000美元 ARR。初始部署将为客户财务部门约30名用户提供服务。
此外，公司任命Steve Bennet为首席财务官（CFO）。 Bennet 现任董事，会带来超过30年的CFO、投资者及100多家科技初创公司的董事会成员经验，其中包括著名公司如 Rollbar、Revel Systems 以及若干被收购的企业。
- New contract expected to generate $70,000 in first-year ARR plus $40,000 in follow-on ARR
- Potential for significant contract scaling over time
- Appointment of experienced CFO with extensive tech industry background
- New CFO brings experience from over 100 technology startups and multiple successful exits
- Initial contract deployment limited to only 30 users
"Companies continue to rely on the Boardwalktech Velocity product to aggregate, validate and provide an audit trail on mission-critical finance data," said Andrew Duncan, CEO of Boardwalktech. "Our Velocity clients take what was a manual process, using email to collaborate, and move into an enterprise-wide database solution that still uses Excel and the User Interface, greatly improving processes and reducing risks. Velocity eliminates days from the legacy manual processes and delivers information so decisions can be made faster. This initial contract has the potential to scale up meaningfully over time."
Appointment of New CFO
Boardwalktech announces that current director Steve Bennet has taken over as the Company's CFO. Mr. Bennet brings over 30 years of experience as Chief Financial Officer, investor, and/or board member of over 100 technology start-ups in the Silicon Valley entrepreneurial ecosystem, primarily in the software, Internet, and mobile sectors. Mr. Bennet is also the founder and managing director of the management consulting firm Bodega Partners. Mr. Bennet's executive roles as CFO include Rollbar, Xenio Systems, Qvivr, Callisto Media, Revel Systems, iControl Networks (acquired by Comcast), Appstores (acquired by InMobi), Greystripe (acquired by ValueClick), Fliqz (acquired by VBrick Systems), Valchemy (acquired by IBM), GolfWeb (acquired by CBS Sportsline), Orbital Data (acquired by Citrix), TextDigger (acquired by Federated Media), and Pharmacy TV Network (acquired by RMG Networks).
About Boardwalktech Software Corp.
Boardwalktech has developed a patented Digital Ledger Technology Platform currently used by Fortune 500 companies running mission-critical applications worldwide. Boardwalktech's digital ledger technology and its unique method of managing vast amounts of structured and unstructured data is the only platform on the market today where multiple parties can effectively work on the same data simultaneously while preserving the fidelity and provenance of the data. Boardwalktech can deliver collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based platforms. Boardwalktech is headquartered in
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SOURCE Boardwalktech Software Corp.
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