January 3, 2014 Pantera Global Technology Embraces Opportunity, Announces New Risk Management

Building off the successful launch of the heralded Pantera Project Insight, an end-to-end construction project management platform, Pantera Global Technology is pleased to announce the acceleration of the deployment of their Risk Management Portfolio of services. “We noticed offerings from companies like Textura (TXTR) and ISQFT and realized there was an opportunity there” said President and CEO DeWayne Adamson. Mr. Adamson goes on to state that “We have key pieces that our competition simply doesn’t have within our existing solutions. This technology puts Pantera in a unique position to offer a complete package to help reduce risk for our customers.”

The expansion into risk management was aided by a partnership between Pantera and ProQual Verified, a Texas based Subcontractor due diligence firm with outstanding risk management expertise. President and COO Karen Herrera-Adamson, no relation to DeWayne, mentioned that working together with Pantera was a “no-brainer”, adding “Mr. Adamson and his team have built a unique foundation of rock solid solutions and demonstrated solid profitability. By working together we are building an unparalleled Risk Management offering; facilitating major risk reduction across the industry.”

“Risk Management and Project Management go hand-in-hand” said Vice President and Lead Product Developer Bart Adamson adding “What sets our offering apart from others on the market is the ability to integrate with other platforms with flexible APIs to provide each client with a system tailored around their business processes. Where our competitors stop at pre-construction, we move through the entire construction lifecycle with total integrated functionality.”

Pantera Global Technology, named as a 2014 Top 20 Construction Technology provider by CIO Review, has had a busy 2013 gaining clients like The Hunt Construction Group and announcing partnerships with established organizations like Reed Construction Data and the CODiE nominated Project Insight. DeWayne emphasized a desire for organic partner developments saying “We chose not to just acquire disparate pieces and hope that they could be connected eventually. We chose to pursue partnerships with reputable firms that strengthen our existing offerings and provide a means for seamless collaboration.”

The Risk Management Division is set to be deployed within the first quarter of 2014 with more details to follow.

About Pantera Global Technology

Pantera Global Technology, formed in 2009 by construction and technology veteran DeWayne Adamson, provides powerful bid, project, program and now risk management to the construction industry. Named a “Top 20 Most Promising Construction Technology Provider” by CIO Review, the robust suite of Pantera products is well poised to become a major player in the Construction SAAS market.

About ProQual Verified

ProQual Verified is a Texas-based subcontractor risk mitigation firm. ProQual has developed effective collection and verification scheduling of subcontractor qualification documents, certifications, insurance and financial data and other qualification requirements associated with General Contractors’ subcontractors, vendors and suppliers. ProQual implements turnkey solutions for collection of subcontractor qualification data, systematic documentation updates, ongoing data verifications and compliance services.

Link to the press release here: http://www.prweb.com/releases/2014/01/prweb11457782.htm


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