Laval, Quebec – March 17, 2010 – 20-20 Technologies Inc., the world leader in 3D interior design and furniture manufacturing software, and Alpha Vision Group, the leading provider of digital marketing solutions for the homebuilders and real-estate developers in North America, announced today a collaborative partnership to develop software solutions that will enhance new home buying experience. With solutions developed from the strengths of the two companies, new affordable, feature rich and easy-to-use software solutions will enable homebuilders of all size to offer prospective buyers 3D interactive home presentation on their website, in their sales offices or in a design center.
Based on the renowned 20-20 Technologies' 20-20 Virtual Planner software product, which Alpha Vision Group is adapting to the homebuilders needs, these 3D marketing solutions will be engaging new home shoppers in the real-time discovery of the different options and upgrades offered by their homebuilder. Since the 20-20 Technologies products are already the preferred design tools used by most major kitchen and bathroom manufacturers, the new products will benefit from existing 3D models of those important rooms, without the need to model them from scratch at the homebuilder’s cost.
“Although the value of digital models to sell homes has been long proven, the cost of such presentation has limited its adoption on an industry-wide basis,” said Marc Lamoureux, President and CEO of Alpha Vision Group. “By taking advantage of 20-20 Technologies’ relationship with manufacturers, we are finally able to deliver a solution in the hundreds of dollars rather than thousands of dollars; just when the industry –which is pressured by low margins and insufficient budgets to build model homes– needs it,” he added.
“We are very delighted that our 20-20 Virtual Planner solution, already widely used around the world in the interior design sector, will be adapted to the vast homebuilding market,” said Jean-François Grou, Chief Executive Officer of 20-20 Technologies. “Combined with Alpha Vision Group's technical expertise and their successful online and sales center programs, new home shoppers will greatly appreciate being able to visualize each floor plans and place furniture in order to assess how each model home fits their taste and lifestyle.”
About Alpha Vision Group
Alpha Vision Group is the North American leader in computer-generated renderings and sales solutions for homebuilders and developers. The company has assisted the sales and marketing process of homebuilders of all sizes throughout North America and abroad, including large national homebuilders, such as Pulte Homes and Shea Homes to name a few. Alpha Vision Group 's VPS and DSA technologies –the next step in “digital marketing”– are assisting new homes sales with a strong value proposition based on improving the homebuyer experience, while reducing costs and increasing the conversion rate of sales for homebuilders. For more information, call 1-866-556-2574 or visit www.alpha‑vision.com.
About 20-20 Technologies Inc.
20-20 Technologies is the world's leading provider of computer-aided design, business and software solutions tailored for the interior design and furniture industries. Dealers and retailers use its desktop and Web-based products and solutions for the Home and Office markets. 20-20 offers a unique proprietary end-to-end solution, integrating the entire breadth of functions in interior design. It provides a bridge for data communication from the point-of-sale to manufacturing and world-leading enterprise resource planning (ERP) systems, including computer-aided engineering and plant floor automation software. Operating in twelve countries with more than 500 employees, 20-20 is a publicly traded company (TWT) on the Toronto Stock Exchange (TSX). For more information, visit www.2020technologies.com.
Forward Looking Statements
Certain statements contained in this press release constitute forward-looking information within the meaning of securities laws.
Implicit in this information, particularly in respect of future operating results and economic performance of the Company are assumptions regarding projected revenues and expenses. These assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual future operating results and economic performance of the Company are subject to a number of risks and uncertainties, including general economic, market and business conditions and could differ materially from what is currently expected.
For more exhaustive information on these risks and uncertainties you should refer to our most recently filed Annual Information Form which is available at www.sedar.com. Forward-looking information contained in this report is based on management’s current estimates, expectations and projections, which Management believes are reasonable as of the current date. The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it is under no obligation and does not undertake to update this information at any particular time, unless required by applicable securities law.
For more information, contact:
Marc Lamoureux
President & CEO
Alpha Vision Group
866 556 2574 ext 112
marc.lamoureux@alpha-vision.com
Jean-Michel Brière
Vice President Marketing
20-20 Technologies
(514) 332-4110
jean-michel.briere@2020.net