Renoworks to deliver professional visualization software to North American Remodel Contractors and Interior Designers

CALGARY, ALBERTA, March 8, 2016 – Renoworks Software Inc. (TSXV: RW)(“Renoworks” or the “Company”) is pleased to announce the launch of its visualization software Renoworks PROTM. Renoworks PROTM is a Software-as-a Service (SAAS) offering for contractors and interior designers that allows users to create professional designs of interior and exterior remodel projects for homeowners in minutes. With this innovative, cost-effective, and easy to-use solution, remodel contractors and interior designers can now easily customize a visualizer at their website to support sales and marketing efforts. The software is now available at www.renoworkspro.com.

“This is a significant milestone for the Company,” said Doug Vickerson, CEO of Renoworks. “We are very excited to be offering a full solution like Renoworks PROTM because we know there is a demand for it in the market. We estimate that there are approximately 380,000 remodel professionals in North America that could potentially use Renoworks PROTM to help solve the challenges of homeowners not undertaking remodeling projects because they cannot visualize how the completed project will look.”

Mr. Vickerson continued, “Thousands of homeowners have proceeded with remodelling projects because they know the outcome the remodeller will deliver. Whether it’s viewing a design made available to them by a contractor, or creating a design themselves at the website of a remodeler, contractors can win more business and larger contracts with Renoworks PROTM because homeowners have complete confidence in their decisions and their choice of contractors.”

By leveraging Renoworks’ building products image libraries, Renoworks PROTM offers remodelers an unprecedented selection of products from over 250 leading manufacturer partners. Renoworks business continues to add digital product content from manufacturers in multiple different exterior and interior building categories so contractors can showcase products they use on the designs created with Renoworks PROTM. Manufacturers continue to see the benefit in being a part of the Renoworks platform as it provides a new distribution channel for their products.

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About Renoworks
Renoworks Software Inc. develops and sells unique digital visualization software for the remodelling and new home construction industry, primarily in the United States and Canada. Delivered online, as a custom developed app or desktop software, Renoworks provides its technology to manufacturers, contractors, builders and retailers offering the solution to one of the home remodelling industry’s greatest challenges: enabling customers to see how their product choices will look in a realistic, virtual environment – even in their own home – before they make a purchase decision. Renoworks markets its software as a cost-effective lead generation tool and generates revenues from three main business lines: enterprise, Renoworks PROTM, and its Software Development Kit (SDK).

For further information please contact:

Doug Vickerson, CEO
Phone: 403-296-3880
Email: doug.vickerson@renoworks.com
Renoworks Software Inc.
2816 -21st Street NE, Suite 7
Calgary, Alberta, Canada T2E 6Z2

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements in this news release, other than statements of historical fact, are forward looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change.