Textura® Corporation Awarded 20th U.S. Patent -- and First for its Submittal Exchange® Solution

DES MOINES, Iowa, March, 15, 2013 /PRNewswire/ -- Textura^® Corporation, the leading provider of collaboration solutions for the construction industry, announces the issuance of its 20th United States patent.   U.S. Patent No. 11,560,708, for "a method and system for online submittal exchange" is the first to be awarded to the company's Submittal Exchange^® solution. 

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"Providing a high standard of innovative and collaborative software solutions for the construction industry is extremely important to us," said Matt Ostanik, President, Submittal Exchange and GradeBeam.  "Receiving this patent attests to the value that we are bringing to the industry, addressing our clients' needs in new and unique ways that help them operate more efficiently and effectively."    

In addition to this recently awarded patent for Textura's Submittal Exchange solution, Textura Corporation's portfolio of solutions are covered by 40 country and territory issued or allowed patents representing 48 countries, and by other U.S. and international patents that are pending.

Patrick Allin, Textura Chairman and CEO said, "We are pleased that another of our solutions has been recognized through this patent award for the innovation it brings to the industry.  Our collaboration platform enables us to bring new solutions to long-standing needs in the industry.  As we bring innovative solutions that deliver real value to market we will continue to expand our intellectual property coverage."

This first patent for Textura's Submittal Exchange solution covers the technology in the Submittal Exchange for construction web-based system that facilitates the exchange and review of electronically submitted construction submittals as well as the management and review of all construction submittals associated with a construction project.

About Submittal Exchange
Submittal Exchange, a Textura Corporation solution, 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 solution on projects across the U.S., Canada, and Europe. The Construction Specifications Institute (CSI) awarded Submittal Exchange its prestigious Construction Technology Award in 2011 for innovative use of technology to improve the construction process. Submittal Exchange became a part of the Textura collaboration platform in 2011.
www.submittalexchange.com 

About Textura 
Textura is the leading provider of collaboration and productivity tools for the construction industry.  Our solutions serve all construction industry professionals across the project lifecycle – from takeoff, estimating, design and pre-qualification to bid management, submittals, LEED^® management and payment – on a single, integrated platform. 

Textura's collaboration platform and online product suite represent the first time the industry has all the tools needed to manage their business in an integrated fashion to save time and money and reduce exposure to risks.  With award winning technology, world-class customer support and consistent growth, Textura is leading the construction industry's technology transformation.  www.texturacorp.com   

SOURCE Textura Corporation

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