Submittal Exchange Wins 2012 Clean Technology Award

DES MOINES, Iowa, April 27, 2012 /PRNewswire/ -- Submittal Exchange®, a division of Textura® Corporation, announces that it received the Clean Technology Company of the Year award from the Technology Association of Iowa (TAI). Iowa's top technology innovators and entrepreneurs were honored recently at the seventh annual Prometheus Awards dinner. The event, sponsored by TAI, recognizes outstanding accomplishments of high-tech businesses and individuals throughout the state.

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The Clean Technology Company of the Year award recognizes an organization that produces environmentally-sound products or solutions that reduce consumption, waste or pollution. Submittal Exchange software streamlines communications, document exchange, LEED® management and design collaboration for construction. Traditional communications on construction projects can require thousands of paper copies printed by each person involved and incur CO2 emissions for shipping the documents. Submittal Exchange's web-based system is green and allows the entire project team to access information online. Since 2005, Submittal Exchange products have saved over 13,000 trees, nearly $30 million and more than 4 million shipping days for projects across the globe.  

"The Prometheus Awards provide the opportunity to showcase Iowa's fast-growing tech sector," said Leann Jacobson, TAI President. "Last year the sector saw a return to the growth it enjoyed prior to the recent recession in Iowa and in many other states; the sector looks forward to continued growth. New polls tell us that half of all high-tech firms in the country are planning to hire more employees in 2012. Because public and private sectors have collaborated to make Iowa a place that inspires and nurtures innovation, our state stands to benefit greatly from this employment boom."

Submittal Exchange is a third-year honoree at the annual Prometheus Awards, having been awarded Top Growth Company in 2010 and Software Company of the Year in 2011. "We are honored to continue to receive recognition from Iowa's growing technology community," said Matt Ostanik, President of Submittal Exchange. "It's clear that Iowa is maturing as a technology center and we plan on staying at the forefront of that growth." The awards were presented at a sold-out ceremony at Veterans Memorial Auditorium in Des Moines.  

About The Technology Association of Iowa (TAI)
TAI is a member-based, nonprofit organization accelerating the success of Iowa's technology industry. TAI creates and sustains a positive environment for technology-based economic growth and job creation through innovation, advocacy, and leadership. TAI members include organizations of every size, involved in every aspect of technology creation, production, application and education in Iowa. Go to www.technologyiowa.org or call 515-280-7702 for more information. For more information, please visit http://www.technologyiowa.org/

About Submittal Exchange
Submittal Exchange is a collaborative, secure online system for exchanging, reviewing, and archiving construction submittals, RFIs, and other design and construction communications electronically. Thousands of design firms, contractors, and owners utilize the Submittal Exchange system on projects across the U.S., Canada, and Europe. Submittal Exchange has been in business since 2003. In 2011, Submittal Exchange received the Construction Specifications Institute's (CSI) prestigious Construction Technology Award for innovative use of technology to improve the construction process. Greengrade, a subsidiary of Submittal Exchange, is a collaborative online LEED® management software tool that allows project teams to communicate, track, and manage LEED project information. Submittal Exchange became a part of the Textura collaboration platform in 2011.

For more information, please visit www.submittalexchange.com or call 800.714.0024.

About Textura
Founded in 2004, Textura has developed the only robust collaborative industry solutions for construction payment management, Textura – CPM™, and for pre-qualification management, Textura – PQM™.

Textura – CPM electronically integrates all construction payment management process components – billing, lien waver collection, statutory declaration collection, sub-tier waivers, compliance management and payments – into one seamless work flow. CPM helps contractors and others involved in construction projects realize significant efficiency benefits from automation and streamlining; and risk reduction from improved control and visibility.

Textura – PQM automates the entire pre-qualification process for everyone by facilitating the electronic submission, review, approval and updating of all pre-qualification documents. PQM's online data management system speeds the pre-qualification process by allowing subcontractors to enter their information one-time into a database which can then produce tailored pre-qualification forms that provide specific information required by individual general contractors. PQM provides contractors with dramatic efficiency benefits and a foundation for better information and decision-making. PQM supports MWBE programs. Please visit our website at www.texturacorp.com.

SOURCE Textura