20-20 Technologies

Vielfalt erhöhen, Lieferzeit verkürzen- mit "20-20 Enterprise inSight"

Mittwoch, 4. April 2012
Der Trend beim Möbelkauf: möglichst individuell aber dennoch mit kurzer Lieferzeit. Der Konsument von morgen erwartet schon heute mehr Gestaltungsoptionen und schnelle Verfügbarkeiten. 20-20 Technologies bietet den Möblern mit „Enterprise inSight“ eine modulare Herstellerlösung,um die Variantenvielfalt beherrschbar zu machen. Source: Möbelfertigung Lesen Sie mehr »

Kombination von Webpräsenz mit stationärem Handel zahlt sich aus

Donnerstag, 12. April 2012
Viele Möbelhändler haben bereits den Vorteil im Geschäftsfeld Möbel E-Commerce erkannt. Der Konsument kann somit auch über das Internet erreicht werden. Multichannel-Strategien gehört die Zukunft.Der „20-20 Virtual Planner“ ermöglicht dem Kunden seine individuelle Raumsituation zu planen und zu verwirklichen. Source: Möbelkultur Lesen Sie mehr »

Komplexitätsfalle ade!

Dienstag, 17. April 2012
Die Konsumenten erwarten mehr Individualität und schnellere Lieferzeiten. Um den Möblern dieses zu ermöglichen, bietet 20-20 Technologies Ihnen mit „Enterprise inSight“ eine modulare Herstellerlösung, um die Variantenvielfalt beherrschbar zu machen. Source: Material und Technik Lesen Sie mehr »

20-20 Technologies Reports First Quarter 2012 Results and Announces Review of Strategic Alternatives

Mittwoch, 4. April 2012
View the PDF version LAVAL, QUEBEC, April 4, 2012 -- 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the first quarter ended January 31, 2012. The Company also announced that its Board of Directors has initiated a review of strategic and financial alternatives to enhance shareholder value. All amounts are in US dollars unless otherwise indicated and presented under IFRS. -- 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the first quarter ended January 31, 2012. The Company also announced that its Board of Directors has initiated a review of strategic and financial alternatives to enhance shareholder value. All amounts are in US dollars unless otherwise indicated and presented under IFRS. FIRST QUARTER 2012 RESULTS Highlights • Revenues of $16.6 million, up 1.9% compared to... Lesen Sie mehr »

20-20 Technologies Appoints New Executive Vice-President of Sales and Services

Mittwoch, 14. März 2012
Laval, Quebec – March 14, 2012 – 20-20 Technologies Inc. (“20-20”) is pleased to announce the appointment of Bernard Sanchez to the position of Executive Vice-President of Sales and Services, Americas. Mr. Sanchez’s primary responsibilities will be to increase sales of 20-20’s software solutions across the Americas. “Mr. Sanchez is a seasoned sales executive whose passion, drive and focus on growth make him the ideal choice for this critical role,” said Jean-François Grou, Chief Executive Officer of 20-20 Technologies. “His experience and success in new market penetration make him a valuable asset to our organization.” Mr. Sanchez has over 30 years of experience in introducing software solutions to the retail and manufacturing industries and has held key executive sales positions in a variety of multinational and blue-chip companies including IBM, SAP and JD Edwards, as well as smaller organizations such as Vitria... Lesen Sie mehr »

20-20 Technologies and Interiorvista Extend Visualization Capability to Interior Design and Furniture Industries

Donnerstag, 1. März 2012
Laval, Quebec – March 1, 2012 – 20-20 Technologies Inc. (“20-20”), the world leader in 3D interior design and furniture manufacturing software, today announced a strategic alliance with Interiorvista Decoracion Digital S.L. (“Interiorvista”). According to the terms of this alliance, 20-20 will market and sell Interiorvista’s applications worldwide with exclusivity in the United States and Canada as well as in the United Kingdom. The partnership will deliver a series of initiatives to enhance the sales activities of the design and furniture industries as well as the way their respective products are configured, presented and sold. “The partnership with Interiorvista is an important step forward in 20-20’s recently implemented partnership strategy,” said Jean-François Grou, 20-20’s Chief Executive Officer. “Interiorvista’s leadership and expertise will allow 20-20 to serve our customers better by... Lesen Sie mehr »

20-20 Technologies Reports Fourth Quarter and Fiscal 2011 Results

Donnerstag, 19. Januar 2012
LAVAL, QUEBEC, January 19, 2012 -- 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the fourth quarter and fiscal year ended October 31, 2011. All amounts are in US dollars unless otherwise indicated. Highlights • Revenues of $68.7 million, up 5.3% compared to last year • Revenues from International markets increased 53.4% over 2010 • Highest quarter since 2008 with revenues at $17.9 million • Manufacturing sector license revenues increased 22.2% due to continued momentum of InSight solution with 22 sold in 2011 • EBITDA at $7.5 million ($8.3 million in constant dollars) compared to $8.5 million in 2010, Year-over-year Ebitda growth of 27.2% at $2.3 million for Q4 • Net earnings stood at $1.3 million or $0.07 per share compared to $2.3 million or $0.12 per share last year “While overall market conditions remained soft but stable during the... Lesen Sie mehr »

20-20 Vision - KBB Review Magazine

Donnerstag, 1. Dezember 2011
"...Online technology is allowing consumers to start designing kitchens, bedrooms and bathrooms in their own homes, but will it bypass the showroom or generate valuable leads? Andrew Davies went over to Canada to see one of the biggest companies in the sector, 20-20 Technologies..." Read more>> Lesen Sie mehr »

20-20 Technologies Announces Tablet Edition of Space Planning Software

Dienstag, 6. Dezember 2011
Laval, Quebec, December 6, 2011 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, announces the introduction of 20-20 Icovia Tablet Edition, a mobile companion application to the existing popular online interior space planning solution for retailers, manufacturers, interior designers and their customers. The first release of the Tablet Edition is already in use by Living Spaces Furniture, a Furniture Today Top 100 retailer. 20-20 Icovia Tablet Edition software is currently available for the Apple iPad. Support for other tablet platforms will soon follow. 20-20 Icovia Tablet Edition integrates with retailers’ web-based 20-20 Icovia Planner, allowing consumers and sales associates to access and share designs across the entire 20-20 Icovia platform. “Mobile commerce is growing exponentially,” said John Thompson, 20-20 Icovia’s Sales Manager. “It’s being driven by consumers. Now... Lesen Sie mehr »

20-20 Technologies’ Deal with Marya Continues Bringing Integrated Kitchen Design to Russia

Mittwoch, 9. November 2011
Laval, Quebec, November 9, 2011 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, announced today the recent signing of an agreement with Marya, a Russian kitchen manufacturer. The contract, which could result in revenues in excess of US$1.5 million, involves the sale of 20-20 Technologies’ end-to-end solution and includes the flagship software 20-20 Design and 20-20 Enterprise inSight. Marya holds a prominent place in the Russian marketplace as a kitchen designer, manufacturer, distributor and retailer. The company operates approximately sixty stores of its own, and supplies an additional one hundred and eighty retailers. 20-20 Technologies provides a unique end-to-end suite of software that integrates all functions of the interior design process – from design to manufacture – resulting in easier customization, less duplication of effort and more productivity. This contract follows... Lesen Sie mehr »

ORGATEC

Dienstag, 23. Oktober 2012 - Samstag, 27. Oktober 2012
Köln , Germany
www.orgatec.de

ZOW

Montag, 6. Februar 2012 - Donnerstag, 9. Februar 2012
Bad Salzuflen , Germany
www.zow.de

Realview, Makers of Prokitchen, Found Liable for Illegal Download of 20-20 Software

Dienstag, 27. September 2011
LAVAL, QUEBEC, September 27, 2011 - 20-20 Technologies Inc. announced today that a United States Federal Court has found RealView, along with its two founders, Leonid Perlov and Boris Zeldin, responsible for damages deriving from RealView’s illegal download of 20-20’s Design software for the expressed purpose of developing their software. “The statement recently issued by RealView on the subject at hand is grossly misleading as they have by no means been “vindicated of all charges made by 20-20 related to the copyright infringement of its 20-20 Design software” stated Jean-François Grou, Chief Executive Officer of 20-20. He added “Quite to the contrary, RealView has specifically been found liable for having illegally downloaded intellectual property owned and developed by 20-20.” At a trial earlier this year, a jury established 20-20’s damages deriving from RealView’s illegal download at over US$ 1.3 million. As per a... Lesen Sie mehr »

20-20 Technologies: Weiterer großer Möbelhersteller in Russland setzt auf End-to-End-Software

Sonntag, 3. April 2011

www.moebelfertigung.com/cms/news/13699

Zukunftsdialog – Möbelvertriebsstrukturen 2020

Donnerstag, 2. Dezember 2010

www.tischlerjournal.at/ireds-108832.html

20-20 Technologies Planungssoftware kommt mit SHD-Rückenwind in den Möbelhandel

Dienstag, 16. März 2010

www.moebelkultur.de/news/planungssoftware_kommt_mit_shd-rckenwind_in_den_mbelhandel/11507.html

20-20 Technologies Inc. Reports Fourth Quarter and Full Year Results for 2005

Donnerstag, 26. Januar 2006
For Immediate Release Fiscal 2005 revenues of $40.5 million, a 10.4% increase over 2004 Fourth quarter revenue of $10.9 million, an 8.8 % increase over the same quarter in 2004 Net Earnings for the year grow by 155% to $4.3 million Laval, Québec. – January 26, 2006 – 20-20 Technologies Inc. (TSX:TWT), the world leader in 3D interior design software, today announced its quarterly and fiscal year-end results for the period ending October 31, 2005. All amounts are in US dollars unless otherwise indicated. Revenues for the 12 months ended October 31, 2005 were $40.5 million, a 10.4% increase over the previous year. License sales revenues for the year were $18.3 million; an increase of 8.5% over last year’s $16.9 million. Maintenance and other recurring revenues grew to $15.8 million, an increase of 12.8% over last year’s $14.0 million and professional services increased by 10.3% to $6.4 million from $5.8 million in 2004. Operating income for... Lesen Sie mehr »

2020 Technologies Announces Closing of its Acquisition of Virtual Systems International

Freitag, 10. Februar 2006
For Immediate Release Transaction Highlights VSI develops, sells and integrates advanced manufacturing software for North America’s cabinet, furniture and woodworking industries. Following the acquisition, 20-20 becomes the world leading provider of vertically integrated ERP, engineering and manufacturing software for the kitchen, office and configurable furniture industries, with over 220 customers in North America and Europe. Major step forward, along with previous MBI acquisition, for 20-20 to deliver its leading end-to-end solution for its targeted industries worldwide. Laval, Québec – February 10, 2006 – 20-20 Technologies Inc. (TSX: TWT), a world leader in 3D design and sales software, computer-aided design and manufacturing solutions for the interior design product industries, today announced the closing of its acquisition of 100% of the outstanding share capital of Virtual Systems International, Inc. of Raleigh, North Carolina... Lesen Sie mehr »

20-20 Technologies Inc. Reports First Quarter Results for 2006

Donnerstag, 16. März 2006
Annual general shareholders’ meeting today Revenues of $12.0 million, a 36.3% increase over 2005 Revenues from acquisitions boost growth North American license sales grow organically by 20% Net earnings of $0.8 million or $0.04 per share Laval, Québec. – March 16, 2006 – 20-20 Technologies Inc. (TSX:TWT), the world leader in 3D interior design software, today announced its quarterly results for the period ending January 31, 2006. All amounts are in U.S. dollars unless otherwise indicated. Click here for the complete report, including financials, in PDF format. Revenues for the 3 months ended January 31, 2006 were $12.0 million, a 36.3% increase over the previous year. License sales revenues for the quarter were $4.5 million; an increase of 28.6% over last year’s $3.5 million. Maintenance and other recurring revenues grew to $5.2 million, an increase of 34.7% over last year’s $3.8 million and professional services increased by... Lesen Sie mehr »

20-20 Technologies and Viking Range Corporation announce agreement to create an ultra-premium appliance catalog

Donnerstag, 20. April 2006
Laval, Quebec, April 20, 2006 : 20-20 Technologies, together with Viking Range Corporation – manufacturer of ultra-premium kitchen appliances sold in over 80 countries – is pleased to announce an agreement to create a Viking appliance catalog for 20-20’s industry-leading kitchen and bath design software, 20-20 Design™. “Pairing our high-quality product line with 20-20’s advanced software technology will be a great resource for designers,” said Jim Gregory, Manager, Design Relations for Viking. The Viking catalog, which will feature products from the Viking Professional and Designer Series, will make it easier for 20-20 Design™ users to include ultra-premium appliances into their design projects. Users will also have the option to use full overlays to create a more customized look and better address customers’ needs and wishes. “20-20 is thrilled to be able to offer its 20-20 Design™ users the option to add Viking... Lesen Sie mehr »

20-20 Technologies and White River™ announce new electronic architectural woodcarving catalog in 20-20 Design V8™

Donnerstag, 20. April 2006
Laval, Quebec, April 20, 2006: 20-20 Technologies, together with White River™- a leading manufacturer of hardwood mouldings and hand-carved architectural woodcarvings – announced today the inclusion of a 3D electronic catalog in the latest release of 20-20’s flagship product, 20-20 Design™. The catalog, developed with 20-20’s state-of-the-art technology, features over 500 of White River’s decorative embellishments. “Our 20-20 catalog was developed to ease the specification process of our products. We used state-of-the art scanning technology to provide an enhanced level of detail – providing designers the edge they need to be successful when specifying our products,” said Bruce Johnson, CEO of White River™. The new electronic catalog will allow kitchen and bath designers’ easy access to elegant architectural details and accents from within their 20-20 kitchen designs. These products will not only enhance design... Lesen Sie mehr »

20-20 Technologies Inc. Reports Second Quarter Results for 2006

Montag, 12. Juni 2006
Laval, Québec. – June 12, 2006 – 20-20 Technologies Inc. (TSX:TWT), the world leader in 3D interior design software, today announced its quarterly results for the period ending April 30, 2006. All amounts are in U.S. dollars unless otherwise indicated. Click here for the complete report, including financials, in PDF format. Highlights: Revenues for the quarter total $ 16.1 million, a 60% increase over 2005 fueled by acquisitions Operating income for the quarter is stable Net earnings for the quarter total $1.7 million or $0.09 per share, an increase of 29% “20-20 had a strong growth quarter which solidifies our position as the world's leading provider of interior design software solutions and the sole provider of a fully integrated, proprietary end-to-end solution. Our revenues were significantly up from last year, boosted by the strategic acquisitions we made over the last 15 months, while our operating income was stable and our bottom line... Lesen Sie mehr »

20-20 Technologies and ECI2 announce integration collaboration

Freitag, 9. Juni 2006
Laval, June 9, 2006: 20-20 Technologies and ECI2 have announced they will collaborate closely in bringing maximum value to users of their respective software solutions. This collaboration will recognize that the optimal operation of many Office Furniture and Supply Dealers depends on the efficient interoperability of their Dealer Business System with their Design & Specification tools. The first phase involves optimizing the interaction between products during the design, specification, quotation and ordering processes utilizing a product Configurator within the Dealer Business System. Future goals include extending the databases, EDI communication with vendors, integration with online solutions, new technologies for handling Service Parts, enhanced tools for catalog development, and better support for Inventory Management. 20-20 Technologies and ECI2 are dedicated to providing a complete and seamless, end-to-end solution to the office furniture industry. We are confident... Lesen Sie mehr »

20-20 Technologies appoints CEO as Co-Chairman and COO to Board of Director

Freitag, 19. Januar 2007
Incumbent Chairman continues as Co-Chairman and Lead Director Laval, Québec – January 19, 2007 – The 20-20 Technologies Inc. (TSX:TWT) Board of Directors announces the appointment of Mr. Jean Mignault as Co-Chairman of the Board of Directors, in addition to his current role as Chief Executive Officer. The current Chairman of the Board, Mr. Jocelyn Proteau will continue to direct Board meetings and carry out his current responsibilities as Co Chairman and Lead Director, as well as Chairman of the Governance committee. Mr. Proteau will continue, as an independent Board member to ensure good governance in all aspects of the company’s business. The Board of Directors also announces the appointment of Mr. Jean-François Grou, President and Chief Operating Officer of 20-20, to the Board of Directors of the Company, thus contributing in that role to the development of our growth strategy. Mr. Grou has full responsibility for the Company’s operations. ... Lesen Sie mehr »

MBI 20-20 Technologies GmbH changes name

Mittwoch, 24. Januar 2007
Osnabrueck, Germany – January 24, 2007 – MBI 20-20 Technologies GmbH, a wholly owned subsidiary of Canadian-based 20-20 Technologies Inc. (TSX: TWT), today announced that it has been renamed 20-20 Technologies GmbH following the company’s recently completed integration process. Located in Osnabrueck, Germany, the management team of 20-20 Technologies GmbH, along with its staff located in Vienna, Austria and the 20-20 Benelux staff, will operate as 20-20’s Central and Eastern Europe (CEE) region. “The acquisition of MBI by 20-20 Technologies was very well received by MBI customers. The German based management of 20-20 then recommended, following the successful integration with 20 -20 Technologies, that the timing was perfect to change the corporate name of the group. Moreover, in completing the integration of the products from 20-20 and the former MBI, we can now offer an expanded product solutions package to our customers,” says Lorenz Weber,... Lesen Sie mehr »

2020 Technologies Inc Reports Record Fourth Quarter and Full Year Results for Fiscal 2006

Freitag, 26. Januar 2007
Laval, Quebec – January 26, 2007 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced quarterly and fiscal year-end results for the period ending October 31, 2006. All amounts are in U.S. dollars unless otherwise indicated. Fiscal 2006 Highlights: Revenues increased 49.4% to $60.5 million Operating income advanced 6.0% to $6.3 million Net earnings gained 37.7% to $5.9 million EPS rose to $0.31 from $0.24 in 2005 Net cash position $34.7 million at fiscal year end In 2006, 20-20 undertook to accomplish well defined objectives of consolidating its North American market and further expanding its business in Europe and emerging markets. Jean Mignault, CEO of 20-20, noted that “beyond our growth by acquisition, we continued to deliver organic growth, 13.0% in 2006, during which we extended and reinforced our position worldwide as the software provider of choice to every link in the... Lesen Sie mehr »

20-20 Technologies Inc. Reports First Quarter Results for Fiscal 2007

Donnerstag, 15. März 2007
Laval, Québec- ( March 15, 2007) - 20-20 Technologies Inc. (TSX:TWT), the world leader in 3D interior design and furniture manufacturing software, today announced quarterly results for the period ending January 31, 2007. All amounts are in U.S. dollars unless otherwise indicated. First Quarter Highlights: Revenues increased 29.4% to $15.6 million 13.7% organic growth EPS unchanged at $0.04 Entry into the Woodworker Software Market through Acquisition "We are proud of having maintained our fast paced growth, almost half of which is organic. In addition, our recurring revenues continue to be a growing part of our business" noted Jean-Francois Grou, President and COO of the Company. "Our EBITDA for the first quarter increased 52.5% over last year to $2.4 million, or 15.3% of revenues" said Jean Mignault, Chief Executive Officer. "Our recent business acquisitions have added an additional temporary non cash charge to our earnings amounting to approximately $270,000 in... Lesen Sie mehr »

20-20 Technologies announces normal course issuer bid

Donnerstag, 26. April 2007
Laval, Québec – April 26, 2007 – 20-20 Technologies Inc. (20-20) (TSX: TWT) announced today it has the intention to purchase by way of a normal course issuer bid (the “Bid”), for cancellation purposes, some of its common shares through the facilities of the Toronto Stock Exchange, beginning May 2, 2007. Under the Bid, the Corporation may repurchase for cancellation up to 940,200 common shares. This represents approximately 5% of its 18,827,637 issued and outstanding common shares, as of April 20 2007. These repurchases will be made in accordance with applicable regulations over a period ending May 1, 2008. The Corporation will not repurchase more than 2% of the issued and outstanding common shares in any 30-day period. The consideration to be paid by the Corporation for any common shares it will repurchase under the Bid will be at the market price of such common shares at the time of acquisition. The Corporation did not repurchase any of its shares... Lesen Sie mehr »

20-20 Technologies Inc. Announces its Employee Share Purchase Plan

Mittwoch, 23. Mai 2007
Laval, Quebec - May 23, 2007 - 20-20 Technologies Inc.'s (20-20) (TSX:TWT) Board of Directors has approved an Employee Share Purchase Plan ("ESPP"). The purpose of the ESPP is to provide employees with an opportunity to purchase 20-20 common shares. 20-20 will match one-third of all employee contributions. Employees will be permitted to purchase up to the lesser of 10% of their gross salary or CDN$10,000 during a 12-month contribution period. "The Board believes it is important for employees to hold an equity interest in the firm," said Jean Mignault, Co-Chairman of its Board and CEO of 20-20. "Moreover, the Board is convinced that offering employees an incentive to become shareholders is also beneficial for current shareholders." About 20-20 Technologies Inc. 20-20 Technologies is the world's leading provider of computer-aided design, business and manufacturing software solutions tailored for the interior design and furniture industries. Dealers and retailers use its desktop and... Lesen Sie mehr »

Vitra Corporation endorses 20-20 Technologies Design Software for International markets

Dienstag, 29. Mai 2007
Laval, Québec – May 29, 2007 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, together with Vitra Corporation – manufacturer of premium office furniture sold in over 80 countries – is pleased to announce an agreement to link Vitra’s furniture configuration application to 20-20’s industry-leading office planning software product, 20-20 CAP Studio. “Pairing our high-quality product line with 20-20’s advanced interior design software technology will be a great resource for designers,” said Wolfgang Boehm, Head of International Applications for Vitra. “20 20’s extensive global network will provide instant access and support to Vitra data worldwide”. Vitra now supports a direct interface to 20-20 CAP Studio from the Enterprise Configurator of Vitra’s Configuration System. The configured products can be transferred directly to 20-20 CAP... Lesen Sie mehr »

20-20 Technologies Inc. Reports Second Quarter Results for Fiscal 2007

Dienstag, 12. Juni 2007
Please click here for full result information Laval, Québec – June 12, 2007 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced quarterly results for the period ending April 30, 2007. All amounts are in U.S. dollars unless otherwise indicated. Second Quarter Highlights: Revenues increased 8.6% to $17.5 million Operating income increased 31.5% to $2.5 million EBITDA increased 33.5% to $4.3 million European revenue increased 20.1%, representing approximately one-third of total revenue EPS stable at $0.09 per share despite negative effect of sharp decline of U.S. dollar compared to Canadian dollar “The record revenues and robust operating income 20-20 achieved in the second quarter of fiscal 2007 were driven through essentially organic growth,” said Jean Mignault, Co-Chairman of the Board and CEO. “Our successful financial performance reinforces our... Lesen Sie mehr »

20-20 Technologies Inc. Reports Third Quarter Results for Fiscal 2007

Mittwoch, 12. September 2007
Laval, Québec – September 12, 2007 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced quarterly results for the period ending July 31, 2007. All amounts are in U.S. dollars unless otherwise indicated. Third Quarter Highlights: Revenues increased 14.0% to $16.9 million Operating income increased 14.6% to $857,000 EBITDA increased 23.1% to $2.9 million EPS stood at $0.03, impacted by a largely unrealized exchange loss due to significant movement in currency exchange rates “Despite softer than expected license revenues, 20-20 achieved growth in revenues and operating income exceeding 14.0% in the third quarter of fiscal 2007, driven mainly by organic growth,” said Jean Mignault, Co-Chairman of the Board and CEO. “However, significant exchange rate fluctuations did not allow our sound operational performance to be reflected on our bottom line... Lesen Sie mehr »

20-20 Technologies gears up its Manufacturing Solutions and European organizations for accelerated growth

Donnerstag, 25. Oktober 2007
20-20 Technologies gears up its Manufacturing Solutions and European organizations for accelerated growth October 25, 2007 – Laval, Québec – 20-20 Technologies Inc. today announced it will strengthen its manufacturing software operations, European sales force and corporate human resources teams with the following key appointments of well known industry executives: Craig Yamauchi joins 20-20 as Executive Vice President, Manufacturing Solutions for North America Klaus Gueniker is appointed Vice President Manufacturing Operations worldwide; he will now be based in Germany Joerg Witthus is appointed Executive Vice President for Europe Claude Reeves joins 20-20 as corporate Human Resources Director In his previous role as CEO of Friedman Corporation, a US-based software company providing ERP solutions to the building materials industry, Mr. Yamauchi successfully demonstrated his ability to develop and implement winning growth strategies for software... Lesen Sie mehr »

20-20 Technologies Announces an Agreement to Acquire the Planit Fusion* business from Planit

Dienstag, 29. Januar 2008
20-20 expands its European presence by acquiring its largest worldwide competitor Pro forma combined 2007 annual revenues increase by 21% to US$82 million; Positive impact on EBITDA, increasing by $5 million; Transaction expected to be cash flow and earnings accretive in the first year; Complementary nature of transaction creates significant strategic benefits Laval, Québec – January 29, 2008 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced an agreement has been signed and approved by 20 20 Technologies to acquire the Planit Fusion business from Planit Holdings Limited for an equivalent cash consideration of approximately US$38 million (£19 million) excluding related transaction costs. The transaction is expected to close on or before February 8, 2008. Given the pro forma numbers and taking into consideration potential synergies, integration costs and intangible... Lesen Sie mehr »

20-20 Technologies Inc. Reports Results for Fiscal 2007

Dienstag, 29. Januar 2008
Company also acquires its largest competitor Planit Fusion * Laval, Québec – January 29, 2008 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the fourth quarter and the fiscal year ended October 31, 2007. All amounts are in U.S. dollars unless otherwise indicated. Readers are invited to visit the 20-20 Technologies website, www.2020technologies.com, and select the Investor section to obtain the audited consolidated financial statements, as well as Management’s Discussion and Analysis for the year ended October 31, 2007. Year-end Highlights Revenues grew by 11.9%, to $67.6 million; EBITDA* increased 7.6% to $12.7 million; Non cash, write-off results in EPS loss of $0.28; EPS stood at $0.18 pre-write off, impacted by $2.7 million in exchange losses The Company also announced today that an agreement has been signed to acquire the Planit Fusion... Lesen Sie mehr »

20-20 Technologies Completes the Acquisition of Planit* Fusion

Montag, 11. Februar 2008
Acquisition enhances strategic European platform Laval, Québec – February 11, 2008 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced it has successfully completed the acquisition of the Planit* Fusion business from Planit Holdings Limited for cash consideration of US$38 million. The transaction will be financed through a combination of cash on hand and by accessing US$15 million of a US$25 million revolving, five-year credit facility provided by TD Bank Financial Group. Planit* Fusion, formerly 20-20’s largest worldwide competitor, markets software products and services very similar to those of 20-20 and has 98 employees and 14 distributors active mainly in Europe. It offers interior design programs providing essential sales management tools to dealers, designers, retailers, homebuilders and remodelers that sell kitchen, bath and bedroom projects. Planit* Fusion’s market... Lesen Sie mehr »

20-20 Technologies Completes its Acquisition of the Icovia business

Donnerstag, 14. Februar 2008
Acquisition creates entry for 20-20 in Home Furnishings Industry Laval, Québec – February 14, 2008 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced it successfully completed the acquisition of 51 percent of Hookumu, Incorporated (“the Icovia business”) for a cash consideration of US$1.6 million, with management of Icovia holding the remaining 49 percent. The company will be renamed 20-20 Icovia Inc. and will combine Icovia’s 2D product and customer base with 20-20’s 3D Virtual Planner and Virtual Showroom technology as a path to significantly upgrade technology tools. The new Icovia 3D, successfully introduced at the recent Las Vegas Furniture Market, where Icovia presented it to its over 400 customers, is an interactive 3D space planning tool that home furnishings retailers and manufacturers can use to extend their physical showrooms virtually in 3D... Lesen Sie mehr »

Alpha Vision announces strategic alliance with 20-20 Technologies, the world leader in 3D interior design software

Freitag, 15. Februar 2008
International Builders Show 2008, Orlando FL - February 15, 2008 – Alpha Vision, the North American leader in computer-generated renderings and sales solutions for homebuilders today announced a major strategic alliance with 20-20 Technologies Inc., the world leader in 3D interior design and furniture manufacturing software. Working to provide U.S. homebuilders with the most compelling new home digital presentations and efficient online sales technologies, the partnership will deliver a series of initiatives dedicated to enhancing how new homes are presented, configured and sold. 20-20 Design is the design industry’s leading home interior planning software offering homebuilders the capability to professionally design, plan and quote homebuyers’ kitchen and bathroom projects, creating detailed cost estimates and 3D photo-realistic renderings for installation. 20-20 Design can be used in conjunction with more than 1,500 manufacturers’ electronic catalogs... Lesen Sie mehr »

20-20 Technologies Inc. Reports First Quarter Results for Fiscal 2008

Donnerstag, 13. März 2008
Laval, Québec – March 13, 2008 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the first quarter ended January 31, 2008. All amounts are in U.S. dollars unless otherwise indicated. First Quarter Highlights Revenues increased 7.6% to $16.8 million EBITDA decreased to $0.3 million impacted by foreign exchange loss of $0.8 million Net Earnings stood at $524,000, or $0.03 per share Acquired Planit Fusion for a total of $37.7 million Acquired 51% of Icovia for $1.6 million “Through the acquisitions of Planit Fusion and Icovia we further consolidated our leadership position in the interior design industry,” said Jean Mignault, Co-Chairman of the Board and CEO. “Our revenues also continued to increase, particularly in Europe, as we are steadily gaining market share. We believe that through their integration and the ongoing introduction... Lesen Sie mehr »

20-20 Technologies recognized by Autodesk among top-selling channel partners

Donnerstag, 10. April 2008
Platinum Club Inductees Honored for Exemplary Sales Performance and Customer Service Laval, Quebec – April 10, 2008 – 20-20 Technologies has been inducted into Autodesk’s Platinum Club 2007, an elite group recognized for top sales performance and outstanding customer service at the recent Autodesk One Team Conference held in Las Vegas. “Autodesk and 20-20 share a commitment to providing customers with the products and services they need to simplify and automate their daily tasks. The sales success behind this award confirms that customers place great value on our solutions” said Jean-Francois Grou, president and COO of 20-20 Technologies. Autodesk Platinum Club members include channel partners who have exceeded their sales projections, achieved the highest total revenues or vertical product sales or produced the largest overall growth. They also include channel partners who were the leading education, government or distribution partners in their... Lesen Sie mehr »

20-20 Technologies and Thermador® Launch Electronic Catalog for Freedom® Collection™

Freitag, 11. April 2008
Chicago, April 11, 2008 – 20-20 Technologies jointly with Thermador, a division of BSH Home Appliances Corporation, today launched the luxury appliance manufacturer’s Freedom® CollectionTM refrigeration catalog on 20-20 Technologies’ flagship product and industry-leading kitchen and bath design tool, 20-20 Design. Thermador’s electronic 3D catalog includes all the Freedom® built-in refrigeration columns — from refrigerators to wine coolers and bottom-freezers, in various width sizes — designers, dealers and retailers can now add to designs helping consumers visualize their kitchen projects. “Combining our high-end, cutting-edge product line with 20-20’s own progressive technology will provide many more design options to dealers and retailers using the 20-20 Design software,” said Beatriz Sandoval, Brand Manager for Thermador. “It can be challenging for many consumers to imagine what a kitchen can look like... Lesen Sie mehr »

20-20 Technologies launches Dacor appliance catalog for kitchen planning software

Freitag, 11. April 2008
Specifying Dacor Products into Kitchens is now Easier than Ever for Designers Chicago, April 11, 2008 – Dacor®, market leader in luxury kitchen appliance design, manufacturing and distribution, jointly with 20-20 Technologies®, announced the release of the Dacor electronic catalog for the 20-20 Design™ planning software, providing designers with an extensive number of 2D and 3D photo-realistic visuals to assist with planning luxury Dacor kitchens. The initial catalog will feature a complete assortment of Dacor ranges, cooktops, wall ovens, dishwashers, ventilation hoods, warming drawers, refrigerators, and outdoor grills from the brand’s Epicure®, Millennia®, Preference® and Integrated Collections. “Our Dacor designers and engineers develop products with the ultimate goal of enhancing the culinary experience for consumers and providing them with the tools to make both cooking and food storage uncomplicated,” said Elaine Chaney,... Lesen Sie mehr »

Kohler and 20-20 Technologies set to release comprehensive catalog of kitchen sinks

Freitag, 11. April 2008
Catalog of all KOHLER Kitchen Sinks to be ready by August Chicago, IL. – April 11, 2008 – Always at the forefront of creative design for the home, Kohler Co., a global leader in kitchen and bath design and technology, today announced an updated electronic catalog of KOHLER kitchen sinks for inclusion in 20-20 Design software. The new catalog gives designers using 20-20 Design an extensive number of 3D, photo-realistic visuals to present to clients planning high-end custom kitchens. “This updated catalog continues Kohler's tradition of being a leader in the kitchen and bath industry, and helps provide designers with the tools necessary to specify Kohler products,” said Dave Hillebrand, manager of Internet database and digital resources for Kohler. “To help differentiate their services, 20-20 Design provides designers the opportunity to show their customers a realistic preview of what a ‘dream’ kitchen might look like before any major... Lesen Sie mehr »

20-20 Technologies Inc. Attains Gold Certified Partner Status in Microsoft Partner Program

Montag, 28. April 2008
20-20 Technologies Further Distinguishes Itself by Earning a Microsoft Competency in ISV/Software Solutions Competency MONTREAL, Quebec, Canada — April 28, 2008 — 20-20 Technologies, the world leader in 3D interior design and furniture manufacturing software, today announced it has attained Gold Certified Partner status in the Microsoft Partner Program with a competency in ISV/Software Solutions, recognizing 20-20’s expertise and impact in the technology marketplace. As a Gold Certified Partner, 20-20 Technologies has demonstrated expertise with Microsoft technologies and proven ability to meet customers’ needs. Microsoft Gold Certified Partners receive a rich set of benefits, including access, training and support, giving them a competitive advantage in the channel. “Attaining Gold Certified Partner status in the Microsoft Partner Program is an important milestone in the 20 year history of our company,” said Jean Mignault, Chief Executive Officer... Lesen Sie mehr »

20-20 Technologies Inc. Announces Normal Course Issuer Bid

Freitag, 16. Mai 2008
Laval, Québec, Canada, May 16, 2008 – 20-20 Technologies Inc. (the “Corporation”) (TSX: TWT) announced today that it has the intention to purchase by way of a normal course issuer bid (the “Bid”), for cancellation purposes, some of its common shares through the facilities of the Toronto Stock Exchange, beginning on May 21, 2008. Under the Bid, the Corporation may repurchase for cancellation up to 942,000 common shares. This represents approximately 5% of its 18,851,037 issued and outstanding common shares as of May 14, 2008. These purchases will be made in accordance with applicable regulations over a maximum period of 12 months beginning on May 21, 2008 and ending on May 20, 2009. The average daily trading volume of 20-20’s common shares over the most recently completed six (6) calendar months was 3,792. Accordingly, the Corporation is entitled to purchase, on any trading day, up to 1,000 commons shares. The consideration that the... Lesen Sie mehr »

20-20 Technologies Reports Second Quarter Results

Mittwoch, 11. Juni 2008
Laval, Québec – June 11, 2008 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the second quarter and six months ended April 30, 2008. All amounts are in U.S. dollars unless otherwise indicated. Second Quarter Highlights Revenues up 24.8% to $21.9 million $4.3 million in revenues from Planit Fusion and Icovia acquisitions EBITDA of $1.1 million Operating loss of $231,000 after adverse foreign exchange impact of $1.1 million Net earnings of $37,000 Cost structure realignment underway “Revenues were in line with management’s expectations. However, economic conditions in the U.S. market severely affected high margin license sales in the residential point-of-sale and manufacturing portions of the Company’s business in North America, thereby adversely affecting our revenue composition,” said Jean Mignault, Co-Chairman of the... Lesen Sie mehr »

20-20 Technologies Reports Third Quarter Results

Donnerstag, 11. September 2008
LAVAL, QUEBEC, September 11, 2008 - 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the third quarter and nine months ended July 31, 2008. All amounts are in U.S. dollars unless otherwise indicated. Third Quarter Highlights Revenues up 20.5% to $20.4 million Web-based and manufacturing solutions attract marquee clients: IKEA, Sears Wellborn Forest Products and Solid Comfort EBITDA of $906,000, compared to $1.1 million in Q3 2007 Operating loss of $384,000, before charge of $968,000 due to implementation of restructuring plan Cost alignment measures being implemented; will yield $6.1 million in annualized savings “We are making sales execution and a return to profitability our top priorities,” said Jean Mignault, Co-Chairman of the Board and CEO. “Even though the residential point-of-sale portion of our business in the United States continues to have a... Lesen Sie mehr »

Sears Home Improvement acquires licenses of the world leading Kitchen and Bath design tool, 20-20 Design

Donnerstag, 11. September 2008
Laval, Quebec, September 11, 2008 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, announced today it has signed an agreement with Sears Holdings Management Corporation, the leading appliance and fourth largest broadline retailer in North America, to provide all its Sears Home Improvement Products’ Project Consultants with licenses of its flagship kitchen and bath design software, 20‑20 Design. This deployment of new licenses will complement Sears’ current use of 20-20 Technologies’ Virtual Planner tool on its Sears.com website, where online visitors and prospective customers can visualize kitchen and laundry room scenes virtually, adding appliances of their choice from the selected models Sears stores carry. Customers can then save their scenes and take their selections in-store where design professionals will help them complete their design and purchase. “Sears required a tool to help... Lesen Sie mehr »

BrandSource Selects 20-20 Technologies as Interior Design Software Provider for New BrandSource Home Gallery Initiative

Donnerstag, 25. September 2008
Laval, Quebec, September 25, 2008 – 20-20 Technologies Inc., the world leader in 3D interior design and furniture manufacturing software, announced today BrandSource, the $11 billion-dollar major appliance, consumer electronics and home furnishings buying organization, has selected 20-20 Design software as the preferred tool for BrandSource Home Gallery, a new retail entity designed to serve the affluent female consumer and leverage the power of the BrandSource brand and its existing network of branded retailers. The first BrandSource Home Gallery showrooms will launch in Q1 of 2009 and offer everything the remodeling customer needs, including flooring, kitchen & bath products, plus expert design and installation services, all in one place. “BrandSource Home Gallery will offer hundreds of name-brand products and expert services, and our members will be able to offer customers a glimpse into the future with 20-20 Design software by creating photorealistic renderings... Lesen Sie mehr »

20-20 Technologies Completes its End-to-End Solution and Strategic Partnerships for China

Mittwoch, 22. Oktober 2008
Laval, Quebec – October 22, 2008 – 20-20 Technologies Inc., the world leader in 3D interior design and furniture manufacturing software, announced today it completed its end-to-end software offering for the fast-growing Chinese furniture manufacturing market, with every element of the solution now available in Chinese. The Company is now the exclusive Chinese distributor of imos AG, a leading technology company that develops a specialized set of CAD/CAM tools built specifically for interior design and furniture products manufacturers. This imos engineering product is already linked with 20-20 inSight for order entry, product configuration and shop floor automation. 20-20 inSight is also integrated with Microsoft Dynamics AX. “Now, manufacturers in China can design, sell, manufacture and manage their operations on a digital data platform provided entirely by 20-20 Technologies,” said Jean-Francois Grou, President and COO of 20-20 Technologies. “Chinese... Lesen Sie mehr »