Wednesday, 21 December 2011

TrueContext improves data collection, office connectivity for ProntoForms app

TrueContext Mobile Solutions (CVE:TMN) Tuesday announced product upgrades that improve the speed and efficiency of collecting and reporting data for its ProntoForms Service.
ProntoForms are the electronic version of paper forms, improving business productivity and efficiency, as it allows companies to streamline their out-of-office processes and workflows by turning paper forms into mobile ones.
TrueContext's ProntoForms are available for use online as well as on all major device platforms such as Apple's (NASDAQ:AAPL) iPad, RIM's (NASDAQ:RIMM)(TSE:RIM) Blackberry, Google's (NASDAQ:GOOG) Android platform and Microsoft's (NASDAQ:MSFT) Windows Mobile platform.
The app does away with paperwork and redundant data entry, allowing field workers in the retail inspection field, for example, to fill business forms from Apple, Blackberry, Android, or Microsoft-powered devices as required.
The company said that the app and portal upgrades are free to existing users, making it easier and more affordable for companies to take their paper forms mobile.
TrueContext CEO, Alvaro Pombo, said: "Our expertise is in helping businesses access and collect data in the field, and in connecting this data to diverse cloud systems.
"Bottom line is we are making our product more readily accessible and appealing to more and more customers, from small businesses to large enterprises. Furthermore, with the new Pass-through capabilities, the data doesn't have to reside in the cloud, a requirement for some businesses."
Speaking to Proactive Investors, TrueContext's CFO Dave Croucher said the third quarter saw good quarter-on-quarter growth rates, citing the addition of US telecoms giant AT&T (NYSE:T) as a reseller as an important growth driver for the company.

Croucher also said that the company was actively working on distributing the company's services to new geographies.
The company said that ProntoForms offers "out of the box" connectivity, with an option that allows data to be transferred in many different formats to multiple destinations.
The Pro-Services team offers customized data connections to back office systems - commonly completed with four days or less of Pro-Services consulting.
Ottawa-based TrueContext, formed in 2001, has a powerful and proprietary patent portfolio, from which ProntoForms' mobile app and web-reporting portal are developed.
In November, the company said third-quarter revenues more than doubled on the prior year on growth in license and subscription revenue.
For the three months that ended September 30, revenues grew to $423,593 from $170,054 a year earlier.
As at September 30, the company had $522,443 in cash, which TrueContext's Pombo said was "sufficient to fund operations to the latter part of the fourth quarter".
Looking ahead, the company said: "As Smartphone devices continue to gain in popularity, we expect that market demand may increase for a wide variety of applications that run on this platform and that TrueContext may benefit from this increased demand for applications."
The company's mobile app is available for purchase directly through AT&T's (NYSE:T) Small Business Mobile Application Recommender Tool (SMART), through a partnership with AT&T announced in early 2010.

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