Textura Covering All the Bases With Their Construction Solutions
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Textura Covering All the Bases With Their Construction Solutions

NEW YORK, NY -- (Marketwired) -- Apr 08, 2014 -- Textura Corporation (NYSE: TXTR) CEO Patrick Allin updated investors on the company's progress during a recent interview with The Wall Street Analyst. During the interview he talked about the company's recent results, including a 77% year-over-year growth in their first fiscal quarter ended December 31, 2013.

Allin outlines the company's different solutions, which include Construction Payment Management, which facilitates project invoicing, lien waiver exchange and payments; Pre-Qualification Management, which allows subcontractors to efficiently submit their information to a general contractor; and GradeBeam, an invitation-to-bid solution that connects general contractors and subcontractors.

In addition, the company offers an estimating and takeoff solution called PlanSwift, and Submittal Exchange, a document management tool that's used in the design and construction phases. Lastly, they have a field management tool used in the midst of construction projects, LATISTA, that is compatible with most smartphones.

Finally, Allin discussed the company's goals for the upcoming year and some of the factors that make Textura unique. "In [the] markets we are in right now, which are Canada and the US and Australia, it's about a $1.3 trillion construction market. For some of our solutions like CPM -- the invoicing solution -- we are unique, there is no other competitor."

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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as SLWF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements in this release that describe the company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the operations of a company. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.