Intellinetics, Inc. Enters Into a Three-Year IntelliCloud™ Sales Agreement With Titan Machinery, Inc.
COLUMBUS, Ohio--(BUSINESS WIRE)-- Intellinetics, Inc. (OTCQB: INLX), a leading-edge technology company focused on implementation and management of IntelliCloud™, its proprietary cloud-based Enterprise Content Management (ECM) platform, today announced that it had entered into a three-year sales agreement with Titan Machinery, Inc. (NASDAQ: TITN). Titan will initially use IntelliCloud to automate and securely archive documents that drive sales and accounts receivable processes.
IntelliCloud is Intellinetics’ cloud-based platform that lets users easily capture documents, connect them to business-critical processes making them easy to find, secure and compliant.
Nathan Johnson, IT Director for Titan, said, “Titan Machinery searched the market for the right team to provide cloud-based content management to enable strategic transformations within our business and service operations. Intellinetics, together with proven local partner Laser Systems, was the clear choice for us. Intellinetics provides mission-critical solutions experience, a robust and scalable cloud-based platform and excellent resources to help meet our goals. We couldn’t ask for more.”
Matthew L. Chretien, CEO of Intellinetics, said, “As we move our document management business further into a cloud-based format, it is more than encouraging to receive this validating order from Titan, a multibillion-dollar company. Titan had its choice of products and systems and put us through rigorous trials and tests before entering into this agreement with us.”
IntelliCloud™ – Powered by the Intel® NUC
The Intellinetics’ IntelliCloud Program provides turnkey document workflow solutions through a growing network of partners who target the mid-market. Partners simply attach IntelliCloud to the software, hardware, and/or services they already sell to existing customers and deliver more value to the customer and create new / recurring revenue streams for themselves…and us, all without the sales or technical complexity of other less effective options in the market. See Intel.com/IntelliCloud for additional Program information.
About Titan Machinery, Inc.
Titan Machinery Inc., founded in 1980 and headquartered in West Fargo, North Dakota, is a multi-unit business with mature locations and newly acquired locations. The Company owns and operates a network of full-service agricultural and construction equipment stores in the United States and Europe. The Titan Machinery network consists of 92 North American dealerships in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona, and New Mexico, including two outlet stores, and 16 European dealerships in Romania, Bulgaria, Serbia, and Ukraine. The Titan Machinery dealerships represent one or more of the CNH Industrial Brands (CNHI), including CaseIH, New Holland Agriculture, Case Construction, New Holland Construction, and CNH Capital. Additional information about Titan Machinery Inc. can be found at www.titanmachinery.com.
About Intellinetics, Inc.
Intellinetics, Inc. is a Columbus, Ohio-based ECM software company. Intellinetics partnered with Intel to create the IntelliCloud Channel Program that makes it easy to add turnkey document workflow solutions to the copiers, productivity software and services they already provide. IntelliCloud provides dealers a “deploy once, use many” innovation where one IntelliCloud customer sale/activation creates endless possibilities to add other software applications that deliver more value and increase revenue. For additional information, please visit: www.intellinetics.com.
Statements in this press release which are not purely historical, including statements regarding Intellinetics’ intentions, beliefs, expectations, representations, projections, plans or strategies regarding the future are forward-looking statements. The forward-looking statements involve risks and uncertainties including, but not limited to, the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company’s cash flow or adequacy of capital resources, market acceptance risks, technical development risks, and other risk factors. The company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Intellinetics disclaims any obligation and does not undertake to update or revise any forward-looking statements in this press release. Expanded and historical information is made available to the public by Intellinetics and its Affiliates on its website or at www.intellinetics.com or at www.sec.gov.
Matthew L. Chretien, President and CEO
Source: Intellinetics, Inc.
Released November 4, 2015