MIAMI, August 16, 2017 /PRNewswire/ --
HD View 360 Inc. ("HD View" or "HDVW"), (OTCQB: HDVW), announced today the launch of development of its proprietary Point of Sales (POS) Software through its wholly-owned subsidiary, HD View Technologies.
Designed specifically with the franchise and multi-location retail segment in mind, the full-service IT company's POS solution will seamlessly integrate its client's businesses, products, customers, and payment systems into one easy-to-use platform.
"While working closely with our franchise partners, we saw a void in their Point of Sale where the software wasn't customized to the business model. This made training longer and more expensive," said HD View 360 CEO Dennis Mancino.
The next generation POS software will leverage both HD View 360's merchant processing service and its years of experience working with franchise brands to provide clients with a comprehensive and specialized retail solution.
"We will customize our POS according to the type of business we're targeting-even down to the most detailed features like beautifully designed high-definition graphics and customized label tabs associated with the product or services the client is selling," said Mancino.
The company plans to offer the POS on a SaaS licensing model that allows users to access the system from any computer with a secure internet connection for a fixed monthly rate.
Together with HD View 360's merchant processing fees, the POS positions the company to acquire two streams of Monthly Recurring Revenue (MRR) while attracting new franchise clients and increased profit margins for its shareholders
HD View Technologies has partnered with South Florida-based software developer pi2 Inc. to carry out programming of the POS. They project completion of the system by the end of 2017.
About HD View 360, Inc.
HD View 360 and its subsidiary companies are a complete B2B Information Technology solution that provide hardware installation, security monitoring systems, telephone services, merchant processing, POS software, and ongoing IT support to small and medium-sized businesses. Where some IT companies specialize in one specific area, HD View 360 has hands-on experience in almost every aspect of retail operations. In a few short years, the quality and value of HD View 360's services have been recognized by top franchise brands, including European Wax Center®, Amazing Lash Studio®, OrangeTheory Fitness®, and Massage Envy®. HD View 360's rapid growth, solidified business relationships, and smart acquisition strategy have positioned the company to deepen its services to include a more comprehensive geographic presence, while acquiring new franchise clients and increasing revenue streams and profit margins for the company and its shareholders.
Please visit http://www.hdview360.com for more details.
This press release contains forward-looking statements, particularly as related to, among other things, the business plans of HDVW, statements relating to goals, plans and projections regarding the HDVW's' financial position and business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think", "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. HDVW cautions readers not to place undue reliance on such statements. HDVW does not undertake, and HDVW specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from HDVW's expectations and estimates.
SOURCE HD View 360 Inc.