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BOARDWALKTECH EXTENDS AND EXPANDS COMMERCIAL ENGAGEMENT WITH FORTUNE 50 TECHNOLOGY COMPANY FOR SUPPLY CHAIN MANAGEMENT

BOARDWALKTECH EXTENDS AND EXPANDS COMMERCIAL ENGAGEMENT WITH FORTUNE 50 TECHNOLOGY COMPANY FOR SU...

articleBoardwalktech Software Corp.November 27, 20234/company/boardwalktech-software-corp/news/boardwalktech-extends-and-expands-commercial-engagement-with-fortune-50-technology-company-for-supply-chain-management
BOARDWALKTECH EXTENDS AND EXPANDS COMMERCIAL ENGAGEMENT WITH FORTUNE 50 TECHNOLOGY COMPANY FOR SUPPLY CHAIN MANAGEMENT

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[{"type":"text","content":"\n \n \n \n BOARDWALKTECH EXTENDS AND EXPANDS COMMERCIAL ENGAGEMENT WITH FORTUNE 50 TECHNOLOGY COMPANY FOR SUPPLY CHAIN MANAGEMENT\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Multi-phase Rollout with Fortune 50 Social Media Company\n \n \n to Improve Order Optimization\n \n \n \n \n \n CUPERTINO, Calif.\n \n \n ,\n \n \n Nov. 27, 2023\n \n \n /CNW/ - Boardwalktech Software Corp (the \"Company\" or \"Boardwalktech\") (TSXV: BWLK) (OTCQB: BWLKF), the leading Digital Ledger solution improving the way enterprises manage information, today announced that it extended and expanded its relationship with a Fortune 50 California-based technology company (the \"Customer\"). This is the second such expansion of the commercial relationship, with the initial professional services engagement announced on\n \n May 18, 2021\n \n followed by the first expansion of the agreement and temporary license that was announced on\n \n December 23, 2022\n \n .\n \n \n Boardwalktech is pleased to announce the expansion of the Customer's deployment and licensing of the Boardwalk Platform and associated Radius Control Tower / Unity Central data management solutions to improve supply chain visibility and order execution. The initial phase, being announced today, is the first annual license with the Customer, and is focused on improving B2B order fulfilment and visibility. The next two phases of the solution are expansions which are expected to be added throughout 2024 and will leverage Unity Central for return management improvements, then a full platform solution for supply side order management connecting the Customer's various contract manufacturing partners and suppliers. Future announcements are expected as those new phases are executed. Combined license and services revenue from this expanded plan is expected to exceed\n \n US$400,000\n \n over the next 12 months. Further license increases are expected as these solutions renew and Boardwalktech continues to demonstrate measurable ROI for the Customer in its quest fo...

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