Business
Grosvenor Technology and WorkForce Software
Grosvenor Technology and WorkForce Software.
About this update from Newmark Security Plc
[{"type":"text","content":"\n \nRNS Number : 2441W Newmark Security PLC 13 November 2017 \n\nPrior to publication in this announcement, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\").\n \n13 November 2017\n \nNewmark Security plc\n(\"Newmark Security\" or the \"Company\")\n \nGrosvenor Technology to provide WorkForce Software customers with global time clock terminals\n \nNewmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, is pleased to announce that Grosvenor Technology, its UK based security and attendance solutions provider, has entered into new ongoing supply agreements with WorkForce Software, LLC and its UK subsidiary (together, \"Workforce Software\"). WorkForce Software is a leading global provider of cloud-based workforce management solutions headquartered in the US.\n \nGrosvenor Technology will supply WorkForce Software globally, through sales and leasing, with its IT51 Linux based workforce management terminal. Available as the WorkForce 5000, the IT51 data collection terminal will enable WorkForce Software customers to improve business efficiency and facilitate greater employee satisfaction through accurate time tracking. In addition, Grosvenor Technology will provide WorkForce Software with a range of remote support tools on an 'as a service' basis. \n \nMike Morini, CEO of WorkForce Software, said: \n\"Adding a new data collection terminal gives our customers greater flexibility and choice. The ten-inch touch screen makes it easy for employees to access schedules, review time, and receive messages right from the terminal. Our partnership with Grosvenor Technology also provides additional badge reader options and the ability to install outdoors, even in extreme temperatures. WorkForce Software is excited to work with Grosvenor Technology as we meet the needs of our customers around the globe.\"\n \nMarie-Claire Dwek, CEO of Newmark Security, said:\n\"Securing this agreement with WorkForce Software is significant for Grosvenor Technology. Newmark's overarching strategy is to significantly increase sales contracts and therefore recurring revenues and we have a number of key initiatives over the medium te...