The first mover in “upload your own photo” for visualizers, design center selections, option sales, home personalization, and recognized leader in color benchmarking

DALLAS–(BUSINESS WIRE)–#customhomebuilders—Hyphen Solutions announced that it has acquired all of the assets of Chameleon Power, which includes web visualizers, photo upload tools, 3D, VR, AR home renderings and visual product configurators. Hyphen Solutions has also acquired the host of color tools designed to give end-users accurate representations of exact colors regardless of the presentation platform, such as print, mobile or PC. These Home Builder visualization tools have been used by hundreds of companies within the residential construction industry. Verticals served by these residential construction tools include Suppliers, Contractors and Trades such as: painters, windows, doors, decking, brick, tile, home exteriors, design, railing, pavers, patio, kitchen design, roofers and wall panel design. This acquisition helps Hyphen Solutions better serve the entire supply chain to include Home Builders, Suppliers, Contractors, Remodelers, Manufacturers and Distributors.

Felix Vasquez, CEO of Hyphen Solutions, said, “We are constantly looking for winning software to combine with our platform to maximize the efficiencies between Builders and their Suppliers. With this acquisition, we can provide Builders with software that will let allow their customers’ homes to be completely personalized with the homeowners’ actual selections for lighting, plumbing, appliances, paint selections, roofing, exterior and almost every other selection you can imagine. Buyers can see the home they are actually buying and experience it as they have designed it. With our AR technology, they can even see the home on their lot and experience the home in its actual setting. All of the homeowners’ selections will integrate with Hyphen Solutions’ Builder Product Suite to include CRM, scheduling, warranty management and ERP solutions so that trade partners know exactly what to deliver down to the SKU and location.”

Go Where The Customer Is

Dan Dempsey, CEO of Chameleon Power, noted, “Our technology allows prospects to share their preferred choices of lots, plans, colors and designs with friends and family while providing the Builder with keen insights into buyer behaviors. Our tools shorten the time spent by homebuyers in the design center by as much as 75%, reduce buyer anxiety, while improving the overall customer journey for all parties.”

The full power of Hyphen Solutions’ newest acquisition of Home Building virtual design software can be seen in person by visiting Hyphen’s Booth W6771 or Chameleon Power’s Booth W6382 at the NAHB International Builders Show. Join the Hyphen team in Orlando from February 8-10 for a free demonstration of how Hyphen Solutions and Chameleon Power deliver a seamless customer journey for your clients while improving profitability and communication with trade partners.

Explore Chameleon Power online at www.chameleonpower.com or contact the Hyphen experts to answer your questions and schedule a personal demo.

About Hyphen Solutions

Twenty-one of the top 26 North American Home Builders trust Hyphen Solutions as a reliable software in the residential construction management industry. Hyphen’s software-as-a-service delivers greater operational control, better communication, lower costs and increased productivity for Home Builders, Contractors and Suppliers. Over 14,500 Supplier companies across the United States and Canada subscribe to Hyphen’s comprehensive Home Builder and Supply Chain solutions, making the company the leading cloud-based residential construction management software provider. The Hyphen Network serves 570 builder divisions. In 2020, the system helped manage nearly 300,000 new home construction projects. Visit www.hyphensolutions.com to learn more about the collaborative platform.

Contacts

Payton Bowen, Corporate Marketing Manager, Hyphen Solutions

972-728-8442 direct | 972-728-8100 main

Canadian Proptech Startup Begins Aggressive Expansion Into the US Market

TORONTO–(BUSINESS WIRE)–VendorPM, a software-enabled marketplace that modernizes the way property managers manage, source and procure service vendors, announced its $6 million seed round, led by Bessemer Venture Partners as well as leading proptech and real estate investors. This investment will support VendorPM’s continued product innovation, hiring of exceptional talent, as well as expansion plans into targeted growth markets across the US.

Property managers in North America spend over $400 billion to service their buildings each year but still rely on old-school methods such as email, excel spreadsheets and word-of-mouth. This is highly inefficient for property managers and leaves head-office with limited visibility and control. The first to truly modernize the workflow, VendorPM’s SaaS tool bridges the gap via its centralized platform, allowing property management companies to streamline and organize vendor data and operations.

The company currently manages a two-sided marketplace across Canada in support of both property managers and service vendors. Thousands of property managers turn to VendorPM to organize all aspects of their vendor relationships and resources, while vendors use the platform to market their services and provide quotations and proposals. The platform supports 400+ building services across maintenance, operations, capital expenditures and professional services.

In less than 2 years, VendorPM has seen 20x revenue growth, and has rapidly scaled its business to cover more than 5,000 buildings, 30,000 vendors and 100 property management firms, including notable relationships with BentallGreenOak, Cushman & Wakefield | Stevenson, and Avison Young.

“For property managers, working with vendors is still highly manual and inefficient. VendorPM is on a mission to modernize vendor management, sourcing and procurement through a consolidated marketplace,” said Emiel Bril, CEO of VendorPM. “We are thrilled to be partnering with the team at Bessemer to expand from Canada into the US while continuing to build the best-in-class vendor technology for property management.”

“We’re excited to partner with VendorPM to help drive their continued expansion into important new markets ripe for this crucial technology, especially as the world begins to recalibrate post-pandemic,” said Mike Droesch, Partner at Bessemer Venture Partners. “We were impressed with the product that VendorPM is already delivering to their customers across Canada, and we look forward to further elevating them on their mission of empowering property managers and vendors to build better relationships through data and transparency.”

About VendorPM

VendorPM improves the way property management companies work with service vendors. We do this by improving day-to-day efficiency for site staff while enhancing visibility and control for head office across 4 core functions: vendor management, sourcing, procurement and compliance. In less than 2 years, VendorPM supports over 5,000 buildings and 30,000 vendors and is rapidly expanding into new markets across Canada and the USA.

About Bessemer Venture Partners

BVP helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 135 IPOs and 200 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio includes Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr and Toast and has $9 billion of capital under management. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio).

Contacts

Media:

Jason Kerkhof

Marketing Manager

jkerkhof@vendorpm.com
647-627-9771

The Company Enhances its Line of Products with a new Industrial Design

JOHNS CREEK, Ga.–(BUSINESS WIRE)–Nichiha USA, a leading provider of innovative building material solutions, announced the debut of Corbosa—the newest addition to its Concrete Series line of fiber cement cladding products.

Taking the Look of Concrete to Unexpected Places

Inspired by the iconic architect Le Corbusier, Corbosa takes cues from his modern concrete designs. Available in two bold colors—Moondust and Shadow—Corbosa mimics the industrial look of wet concrete without the mess or expenses associated with traditional masonry. Corbosa comes in a 6-foot panel for horizontal applications and will be available to order in April.

The industrial architecture style employs a minimalist approach with clean lines, polished surfaces and the use of industrial materials such as concrete. Recently, concrete has seen a boost in popularity in the architectural community, especially in urban areas. Architects use concrete in everything from commercial projects, to multifamily housing or even as accents on modern single-family homes. Corbosa gives architects the concrete look they’re after in an easy-to-install and maintain panel.

“With the addition of Corbosa to our Concrete Series, customers now have even more options to get the modern, industrial style they’re after while enjoying the benefits of our architectural wall panels,” said Jason Monday, vice president of sales and marketing at Nichiha. “They won’t have to worry about their cladding cracking, rotting or fading, and they will have the convenience of installing Corbosa in any weather condition.”

Other products in the Concrete Series include: IndustrialBlock with a distressed concrete design and EmpireBlock, which features a unique dimple that enhances its modern style.

About Nichiha USA

Nichiha USA, a subsidiary of Nichiha Corporation, is a leading manufacturer of high-functioning cladding for commercial and residential building applications. Founded in Japan in 1956, Nichiha now employs over 2800 employees at 13 locations worldwide. Nichiha creates long-term value for architects, builders and contractors through building material solutions that are durable and available in a breadth of colors, styles and textures, with customized support to meet any specification and help customers get the most out of their projects. To learn more, visit www.nichiha.com.

Contacts

For more information contact:

Renée Lyn

(470) 539-8590

rlyn@nichiha.com

TORONTO–(BUSINESS WIRE)–Real Matters Inc. (“Real Matters”), a leading network management services platform for the mortgage and insurance industries, today announced that all of the nominees listed in Real Matters’ management information circular dated December 13, 2021, were elected as directors of Real Matters. The detailed results of the vote for the election of directors held at Real Matters’ Annual General Meeting of common shareholders are set out below:

Each of the following eight nominees proposed by management was elected as a director of Real Matters:

Nominee	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Garry Foster	50,178,609	99.92%	42,678	0.08%
William Holland	48,575,365	96.72%	1,645,922	3.28%
Brian Lang	50,043,224	99.65%	178,063	0.35%
Karen Martin	50,206,486	99.97%	14,801	0.03%
Frank McMahon	50,180,294	99.92%	40,993	0.08%
Lisa Melchior	48,574,327	96.72%	1,646,960	3.28%
Jason Smith	50,034,469	99.63%	186,818	0.37%
Peter Vukanovich	48,193,529	95.96%	2,027,758	4.04%

Final voting results on all matters voted on at the Annual General Meeting of common shareholders held earlier today will be published shortly on www.realmatters.com, and filed with the Canadian securities regulators.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest insurance companies in North America. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY), Middletown (RI) and Scottsdale (AZ). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

Contacts

Lyne Beauregard

Vice President, Investor Relations and Corporate Communications

Real Matters

lbeauregard@realmatters.com
416.994.5930

Air-core motors purpose-built for Canada deliver breakthrough efficiencies and simplify design for HVAC fan, pump and general purpose applications

LAS VEGAS–(BUSINESS WIRE)–Infinitum Electric, creator of the breakthrough air-core motor, today announced at the 2022 AHR Expo a new product line specifically built to support Canadian HVAC fan, pump and general purpose applications.

The new product line is an extension of Infinitum Electric’s IEs Series motors and will be available in the 575V, 5-15 horsepower range in 2H 2022. With the addition of the Canadian products, Infinitum Electric is delivering the most comprehensive range of power and frame sizes for the North American HVAC market. The IEs Series offers 10 percent more efficiency and IoT capabilities in a package that is 50 percent lighter and smaller, and significantly quieter than traditional motors.

To date, Canadian HVAC applications requiring 575V power have largely relied on suboptimal motor configurations due to a lack of focus on the specific needs of the Canadian market. HVAC applications have therefore used either an EC motor and a transformer to convert power, which adds costs and reduces overall efficiency, or a conventional, lower efficiency AC induction motor and VFD.

“Having a motor designed specifically for Canada greatly simplifies our engineering process and will ultimately help us deliver better products,” said Larry Hopkins, chief technology officer, XNRGY. “Infinitum Electric’s integrated motor and VFD gives us the breakthrough levels of efficiency our customers want, while its smaller size and light weight open new possibilities for our development team.”

“Infinitum Electric’s advancements in motor efficiency have the potential to spur innovation and reduce energy demand in Canadian HVAC and pump applications,” said Ivan Campos, research analyst, Omdia. “As supply chain issues continue, Infinitum Electric’s simple motor design, materials and PCB stator technology make it easier to source, produce and assemble motors close to their target market, reducing lead times.”

“We’re excited to expand our footprint and bring our proven IEs Series product line to Canada,” said Ben Schuler, founder and chief executive officer, Infinitum Electric. “We look forward to working with product manufacturers who are looking to achieve new levels of sustainability for fan, pump and general purpose applications.”

Infinitum Electric is exhibiting its full range of motors for HVAC fan and pump applications during the AHR Expo in Las Vegas Jan. 31-Feb. 2, 2022 at booth C6103, where attendees will be able to speak with company experts on designing products for greater efficiency, reliability and productivity.

About Infinitum Electric

Infinitum Electric has raised the bar for a new generation of motor that is better for the planet and people. The company’s patented air-core motors offer superior performance in half the weight and size, at a fraction of the carbon footprint of traditional motors, making them pound for pound the most efficient in the world. Infinitum Electric motors open up sustainable design possibilities for the machines we rely on to be smaller, lighter and quieter, improving our quality of life while also saving energy. Based in Austin, Texas, Infinitum Electric is led by a team of industry experts and pioneers. To learn more, visit www.infinitumelectric.com.

Contacts

Media Contact:
Erin Gilmore

Activate PR + Marketing on behalf of Infinitum Electric

egilmore@activateprmktg.com
512-466-4559

New Brand Brings Together Boral^® North America Roofing and DaVinci^® Roofscapes Lines Into Industry-Leading, Comprehensive Roofing Solutions Offering

HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products^™ unveils Westlake Royal Roofing^™, one of six dynamic product solutions launched as part of a total brand transformation, at the 2022 International Roofing Expo (IRE), February 1-3 in New Orleans, Louisiana.

Westlake Royal Roofing brings together the portfolios of the former Boral^® North America roofing and DaVinci^® Roofscapes lines, both strategic acquisitions for Westlake Royal Building Products USA Inc., and its parent company, Westlake, during the past three years.

“The 2022 IRE show marks the first time we are coming together as Westlake Royal Building Products,” says Steve Booz, vice president of marketing for Westlake Royal Building Products. “As a leading supplier of clay, concrete, steel, and composite roofing, Westlake Royal is well-positioned to serve contractors, customers, and homeowners throughout North America.”

Westlake Royal introduces its rebranded clay, concrete, steel, and roofing components product lines, along with two new high-performance roof underlayment solutions, in booth #1713, including:

• US Tile^® products, a legacy line of premium, stunning clay tile solutions manufactured to the highest standard of sustainability and craftsmanship (formerly known as US Tile^® by Boral).
• Newpoint^™ Concrete Tile Roofing, the enduring line of concrete tile known for its superior strength, Class A fire rating and long-lasting beauty (formerly known as Boral Concrete Roofing Tile).
• Unified Steel^™ Stone Coated Roofing, the ultra-lightweight roofing system, which benefits from the structural strength of steel (formerly known as Boral Steel – Stone Coated Roofing).
• Westlake Royal Roofing Components^™, a full line of integrated roof components designed to deliver a higher standard of roof installation and performance (formerly known as Boral Roof System Components).

New from Westlake Royal:

• SwiftGuard^™ is a high-performance synthetic roof underlayment providing durable, all-weather protection from the elements and is ideal for use with all steep-slope roofing materials including tile, steel and shingles, as well as natural and composite slates and shakes. SwiftGuard^™ includes innovative, patented nail gasketing technology, a high-grip backing and non-woven thermally embossed fiber face for increased deck grab and superior walkability.
• Sol-R-Skin^™ BLUE; Highly durable and easy to install, Sol-R-Skin BLUE provides three key solutions–as a waterproofing layer, an energy-saving radiant barrier, and as an insulation blanket. It is suitable for use under nearly all steep-sloped roofing materials and can be applied in any climate and at any temperature. Sol-R-Skin^™ BLUE is UV-resistant, boasts an anti-glare coating in cool blue, and offers Class A rated fire resistance when applied with stone-coated steel, concrete, and clay tile roof systems.

“These underlayments act as critical accompaniments to our clay, concrete, steel and composite roofing systems, improving weather resiliency, efficiency and extending the life of the roof overall,” says Eric Miller, vice president of sales and marketing for Westlake Royal Roofing.

Westlake Royal also features its DaVinci Roofscapes Composite Slate and Shake products in booth #1737, including:

• DaVinci Multi-Width Slate – These state-of-the-art tiles create enduring beauty on a home or commercial project. The ½-inch tiles are available in 12-, 10-, 9-, 7- and 6-inch widths and can be installed at 6-, 7-, 7-1/2, and 8-inch exposures.
• DaVinci Single-Width Slate – DaVinci Single-Width Slate tiles are 12” wide with a half-inch thickness. Modeled from actual slate for natural, non-repeating beauty, the tiles can be installed in straight or staggered positioning at 6-, 7-, 7-1/2, and 8-inch exposure.
• DaVinci Select Shake – Taken from natural wood profiles, molds recreate 5/8-inch-thick traditional shake profiles with 8- and 10-inch widths. 10-inch pieces have a simulated keyway, giving the look of 4- and 6-inch shakes to create a multi-width appearance.
• DaVinci Multi-Width Shake – Duplicating the profiles of real cedar, DaVinci Multi-Width Shake composite tiles have the advantages of color stability and resistance to fading, rotting, cracking and pests. The 5/8-inch-thick tiles are available in 9-, 8-, 7-, 6-, and 4-inch widths to create a realistic, natural-looking cedar shake roof.
• DaVinci Hand-Split Shake Siding – Featuring the appearance of authentic cedar shakes and will not deteriorate like real wood. Just as attractive as real cedar, the individual tile pieces will not curl, cup or split like real cedar.

To explore the full suite of Westlake Royal Roofing’s concrete, clay, steel, composite and components roofing solutions, including SwiftGuard and Sol-R-Skin BLUE, visit WestlakeRoyalRoofing.com.

About Westlake Royal Building Products

Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. For more than 50 years, Westlake Royal Building Products has manufactured high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.

For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.

Contacts

Ann Iten

ann.iten@westlake.net

Wendy Bruch

wbruch@davinciroofscapes.com