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GlobalWise Announces Channel Sales Partnership With Primary Solutions(March 06, 2012)
COLUMBUS, OH -- (Marketwire) -- 03/06/12 -- 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 provides an overview of one the Company's channel sales partners, Primary Solutions, Inc.
Primary Solutions, Inc. (www.primarysolutions.net) provides software products and services for private and governmental markets within the developmentally disabled community in Ohio. Founded in 1998, Primary Solutions provides its software products to over 330 private agencies and governmental entities.
Primary Solutions became one of Intellinetics' early channel partners in 2011 as part of the Company's first steps toward transitioning from a direct sales model to a channel sales model. Since that time, this individual channel partner has secured twelve Intellivue ECM sales for the Company, three during the first two months of 2012, collectively representing approximately $430,000 in incremental revenue and averaging approximately $36,000 per sale.
"The Intellivue ECM solution has been a great addition to our software portfolio," stated Brian Marshall, President of Primary Solutions, Inc. "This robust ECM solution has enabled our clients to better manage and control their documents. With the sensitive nature of patient information, it is vital that privacy is upheld and the redaction capability of the Intellivue software allows us to manage privacy and security more effectively than any other solution we've seen in the marketplace."
"We began the transition to a channel sales model in 2011 as a part of a new strategy to rapidly expand our sales capability," commented William J. "BJ" Santiago, CEO of GlobalWise. "With the Intellivue software platform now cloud-enabled, our service delivery model is highly scalable and our software can be delivered virtually anywhere in the world. By implementing a channel sales model with strategic partners who are already selling software solutions into our target markets, we're now able to more efficiently access a much larger universe of potential clients."
"The development of an effective channel sales strategy was one of my top priorities when I arrived at the Company from Lexmark International," continued Santiago. "While each channel partner is unique and sales expectations vary by relationship, throughout 2011 we added a total of 14 new channel sales partners and expect to expand the program significantly in 2012."
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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