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GlobalWise Provides Corporate Overview and History of IntellineticsFrom ECM Industry Pioneer to Leading-Edge Cloud Technology Company (February 28, 2012)
COLUMBUS, OH -- (Marketwire) -- 02/28/12 -- GlobalWise Investments, Inc. (OTCBB: GWIV) (OTCQB: GWIV) (www.GlobalWiseInvestments.com) and its wholly owned subsidiary Intellinetics, Inc., a leading-edge technology company focused on the design, implementation and management of cloud-based Enterprise Content Management ("ECM") systems in both the public and private sectors, today provide an overview of Intellinetics' history and current position in the ECM industry.
The Intellinetics' flagship ECM platform, Intellivue, represents a new industry benchmark in making the promise of ECM a simple to attain, affordable reality by combining the power of the Cloud with on-demand solution templates and user-focused design. Intellivue provides clients with the ability to access and manage every piece of content they produce or receive, including but not limited to paper documents, digital content, database print streams and e-mail. The data is accessible from virtually any PC, laptop, tablet or smartphone from anywhere in the world.
Through its cloud-based Intellivue product line and unique Channel / OEM distribution model, Intellinetics is prepared to dominate in the underserved small-to-mid sized business marketplace. The Company's position reflects the entrepreneurial vision and innovation of its founders, which served as catalysts for Intellinetics' evolution from an early pioneer to a recognizable player in the ECM industry.
In 1994, father and son founders Michael and Matthew Chretien formed Intellinetics, Inc. in Columbus, Ohio. Leveraging Michael's 25-year law enforcement career combined with Matthew's IT and operational backgrounds, Intellinetics provided IT consulting, document storage systems and project-specific software development. In 1995, the entrepreneurs won their first consulting contract with the Ohio State Highway Patrol to provide a more sophisticated solution to their 1950s era records management system. This marked the beginning of the modern-day Intellinetics, which began to transition itself from records content storage consulting toward becoming a software development firm focused on enterprise-wide content management.
From mid-1990 to early 2000, Intellinetics focused on business "intelligence" and developed industry-first redaction-enabled technology for the Ohio State Highway Patrol, a development that garnered national recognition. This new redaction-enabled software won the Technology Award of Excellence and continued the Company's software development path toward an ECM system that could be used as an enterprise-wide document management solution. During this formation timeframe, the Intellinetics customer base evolved beyond law enforcement to government contracts and commercial clients.
From 2001 through 2007, Intellinetics continued to focus on software development, refinement, customer expansion and increasing sales. From 2007 through the beginning of 2010, Intellinetics was awarded two Ohio Innovation Loans to accelerate its software migration from a more traditional client-server premise-based solution to Web-based services optimized for cloud delivery. This transformation is foundational to Intellinetics' success and timing. As the proliferation of "smartphone" mobile devices were becoming a more viable business tool, the Intellinetics software was being optimized for access from any Internet-enabled hardware device.
Today, with the Company's technology migration to the "cloud" complete, Intellinetics is rapidly becoming an aggressive player in the growing ECM industry, which Gartner estimates will exceed $5.7 billion by 2014 with compounded annual growth rates of 10.1%. The Intellivue ECM platform is now being distributed through a variety of direct sales and value-added resellers or channels throughout the private and public sectors. Leveraging its industry leading position, Intellinetics will capture emerging growth opportunities by driving the ECM economic benefits to the private and public sectors in the underserved small-to-mid sized business market.
About GlobalWise Investments, Inc.
GlobalWise Investments, Inc., via its wholly owned subsidiary Intellinetics, Inc., is a Columbus, Ohio based Enterprise Content Management (ECM) pioneer with industry-leading software that delivers cloud ECM based solutions on-demand. The Company's flagship platform, Intellivue, represents a new industry benchmark and game-changing solution by enabling clients to access and manage the content of every scanned document, file, spreadsheet, email, photo, audio file or video tape -- virtually anything that can be digitized -- in their enterprise from any PC, laptop, tablet or smartphone from anywhere in the world.
For additional information, please visit the Company's corporate website: www.GlobalWiseInvestments.com
This press release may contain "forward-looking statements." Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements may include, without limitation, statements about our market opportunity, strategies, competition, expected activities and expenditures as we pursue our business plan. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot predict the effect that market conditions, customer acceptance of products, regulatory issues, competitive factors, or other business circumstances and factors described in our filings with the Securities and Exchange Commission may have on our results. The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.
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