Boardwalktech Offers Promotion of its Diamond Lane Product to Help Remote Work

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Boardwalktech Offers a Free Trial of its Excel-based Multi-User Collaboration Product to Enable Faster, Better Decisions

CUPERTINO, CA, April 9, 2020 /CNW/ - (TSXV:BWLK;  OTCQB: BWLKF) – In response to the unprecedented events as it relates to the COVID-19 outbreak and its impact on businesses around the world, Boardwalktech Software Corp. ("Boardwalktech" or the "Company"), has announced that it is offering its Diamond Lane product – an Excel-based multi-user collaboration tool for simultaneous information sharing and rapid decision making, while tracking and preserving all changes – and a suite of available templates, at no cost for the next 60 days. Diamond Lane is an easy-to-use collaboration software product introduced in January 2020 as part of the Boardwalktech Digital Ledger platform family of solutions, that can be rapidly implemented across multi-users to address many of the challenging needs associated with coordinating and executing business decisions quickly between remote teams.

When working remotely, sharing Excel files with co-workers, partners, and customers can be inefficient even in the best of times, particularly when Excel files are being exchanged between multiple parties over time. Diamond Lane is the "fast lane" solution for:

  • Real-time, Multi-Party Excel Collaboration
  • Getting to Business Decisions Faster
  • Simple, Fast to Install, Easy to Use
  • Going live with your team in minutes

The current crisis has shown most companies that their legacy and outdated systems are not able to keep up with and manage the rapid information changes happening in their enterprise. Remote decision-making using Excel has become the norm and Excel-based data is often the system of record.  As a result, users are relying more and more on Excel to make critical decisions and get their work done. Companies, government agencies, and organizations of all types and sizes are finding it difficult to remotely collaborate and exchange information and make effective decisions with their colleagues, partners, and customers. Boardwalktech's Diamond Lane and Digital Ledger platform eliminates the need to email Excel attachments or do conference/video calls to go over changes and instead puts you in control – securely and automatically exchanging and aggregating mission critical information while tracking who made what change and when. Diamond Lane allows you to:

  • Work at the same time (no more file lockouts)
  • Securely exchange information real-time with all changes highlighted for rapid decision making
  • Know who changed what, when and why
  • Most importantly, get to the right decision, faster

For the next 60 days, Boardwalktech will be offering Diamond Lane for free.  Companies can immediately connect colleagues, suppliers, distributors, customers – anyone. It's simple, it's easy and it's fast. Go to:

 https://www.boardwalktech.com/products_diamond_lane.php         

"During this time of unprecedented events, Boardwalktech is committed to supporting enterprises that are forced to rapidly transform their work processes to a remote environment. In fact, the World Economic Forum issued a report on April 2, 2020 that calls for all enterprises to 'Ensure responsible work redesign – sustainably manage the shift to flexible/remote working. Prioritize planning and connect remote employees using new technologies as a key to success during and after the COVID-19 Pandemic'.  Boardwalktech remains dedicated to helping in any way we can to make your job easier and getting everyone connected," said Andrew T. Duncan, President and CEO of Boardwalktech Software Corp. "Our Diamond Lane product is available for free to anyone during this COVID-19 public emergency crisis. It's our part of saying thank you to all of those working through this disruption and a way for us to give back to help our community and global partners through this crisis."

For over 15 years, Boardwalktech has helped all types of business users eliminate the stress of sharing Excel files and providing a 3-5x ROI to global customers that have adopted Boardwalktech's solutions to manage their critical business processes – including 26 Fortune 500 customers such as Coca-Cola, Levi's, Heineken, Teva, and  Verizon.

About Diamond Lane

Diamond Lane is an easy-to-use collaboration software product that is part of the Boardwalktech Digital Ledger platform family of solutions, and was introduced in January 2020. This powerful Excel-based product runs on the patented Boardwalktech Digital Ledger Cloud and can be used to solve any ad-hoc collaboration and data/information exchange need. Diamond Lane enables enterprises of all size to connect and immediately solve problems and make multiple-party decisions while preserving a single source of truth to understand and track what user has changed what data, when, and why. With Diamond Lane, companies can use their existing Excel spreadsheets or try available pre-built Excel templates provided by Boardwalktech, and immediately turn them into multi-party collaborative applications where everyone can work on a shared Excel workbook at the same time and all changes made at the cell level are tracked and versioned in an audit trail so you know exactly who has changed what – all securely run on the Boardwalk Digital Ledger Cloud.            

About Boardwalktech Software Corp.

Boardwalktech has developed a patented Digital Ledger Technology Platform that is in use today by 26 of the Fortune 500 running over 100 live mission-critical applications worldwide. Boardwalktech's patented digital ledger technology and its unique method of managing vast amounts of structured and unstructured data is the only platform on the market today where multiple parties can effectively work on the same data simultaneously. Boardwalktech can deliver a collaborative purpose-built enterprise information management application on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based applications.

Boardwalktech is headquartered in Cupertino, California with offices in India and operations in North America. For more information on Boardwalktech, visit our website at www.boardwalktech.com.

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information contained herein may include, but is not limited to, information concerning the Offering (including the completion of any additional tranches of the Offering) and the use of the proceeds raised under the Offering.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.

An investment in securities of the Company is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in the Company's filing statement dated May 30, 2018. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE BoardwalkTech

Released April 9, 2020