20-20 Technologies

Bertazzoni showcases product suite at kitchen and bath industry show 2012

April 27, 2012
Bertazzoni, the family-owned company that manufactures ranges, ovens, cooktops and ventilation systems, will present its suite of cooking appliances at the Kitchen and Bath Industry Show in Chicago, Illinois on April 24-26, 2012. Read More »

20-20 Technologies Reports First Quarter 2012 Results and Announces Review of Strategic Alternatives

April 4, 2012
View the PDF version LAVAL, QUEBEC, April 4, 2012 -- 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the first quarter ended January 31, 2012. The Company also announced that its Board of Directors has initiated a review of strategic and financial alternatives to enhance shareholder value. All amounts are in US dollars unless otherwise indicated and presented under IFRS. -- 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the first quarter ended January 31, 2012. The Company also announced that its Board of Directors has initiated a review of strategic and financial alternatives to enhance shareholder value. All amounts are in US dollars unless otherwise indicated and presented under IFRS. FIRST QUARTER 2012 RESULTS Highlights • Revenues of $16.6 million, up 1.9% compared to... Read More »

20-20 Technologies Appoints New Executive Vice-President of Sales and Services

March 14, 2012
Laval, Quebec – March 14, 2012 – 20-20 Technologies Inc. (“20-20”) is pleased to announce the appointment of Bernard Sanchez to the position of Executive Vice-President of Sales and Services, Americas. Mr. Sanchez’s primary responsibilities will be to increase sales of 20-20’s software solutions across the Americas. “Mr. Sanchez is a seasoned sales executive whose passion, drive and focus on growth make him the ideal choice for this critical role,” said Jean-François Grou, Chief Executive Officer of 20-20 Technologies. “His experience and success in new market penetration make him a valuable asset to our organization.” Mr. Sanchez has over 30 years of experience in introducing software solutions to the retail and manufacturing industries and has held key executive sales positions in a variety of multinational and blue-chip companies including IBM, SAP and JD Edwards, as well as smaller organizations such as Vitria... Read More »

20-20 Technologies offers customers the “cloud” with new software

January 17, 2012
2020 Surfaces is the newest addition to 2020 Technologies’ suite of products for the kitchen and bath design industry. Previously known as “Global Stone Pro”, the software solution provides fabricators, home centers and dealers the ability to centralize all the various systems involved in the production process into one program that is easily accessible via the “cloud”...Read more>> Source: The Fabricator network Product : 20-20 Surfaces Read More »

20-20 Technologies and Interiorvista Extend Visualization Capability to Interior Design and Furniture Industries

March 1, 2012
Laval, Quebec – March 1, 2012 – 20-20 Technologies Inc. (“20-20”), the world leader in 3D interior design and furniture manufacturing software, today announced a strategic alliance with Interiorvista Decoracion Digital S.L. (“Interiorvista”). According to the terms of this alliance, 20-20 will market and sell Interiorvista’s applications worldwide with exclusivity in the United States and Canada as well as in the United Kingdom. The partnership will deliver a series of initiatives to enhance the sales activities of the design and furniture industries as well as the way their respective products are configured, presented and sold. “The partnership with Interiorvista is an important step forward in 20-20’s recently implemented partnership strategy,” said Jean-François Grou, 20-20’s Chief Executive Officer. “Interiorvista’s leadership and expertise will allow 20-20 to serve our customers better by... Read More »

Faster, Easier, More Accurate Commercial Design Catalogs - Now Possible with 20-20 Enterprise inSight

February 3, 2012
20-20 Technologies introduces a new module that allows 20-20 Enterprise inSight users to save time and reduce errors when creating catalogs. This powerful module allows you to reuse existing engineering data to export graphics and data for 20-20 CAP and Giza commercial catalogs, and also supports “specials” by allowing you to export individual products on request and include them in design drawings. Products: 20-20 Enterprise inSight , 20-20 CAP Studio, 20-20 Giza Studio, 20-20 Worksheet Source : OTTO Read More »

20-20 Partners with Rev-A-Shelf on Closets Software Catalog

January 28, 2012
The 20-20 Design software allows users to create photo-realistic 3-D images in multiple views that showcase premier accessories including pull-out mirrors and ironing boards, pull-down closet rods and more. Product : 20-20 Design , 20-20 Design for Home Organization Source : Closets Daily Read More »

20-20 Technologies Reports Fourth Quarter and Fiscal 2011 Results

January 19, 2012
LAVAL, QUEBEC, January 19, 2012 -- 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the fourth quarter and fiscal year ended October 31, 2011. All amounts are in US dollars unless otherwise indicated. Highlights • Revenues of $68.7 million, up 5.3% compared to last year • Revenues from International markets increased 53.4% over 2010 • Highest quarter since 2008 with revenues at $17.9 million • Manufacturing sector license revenues increased 22.2% due to continued momentum of InSight solution with 22 sold in 2011 • EBITDA at $7.5 million ($8.3 million in constant dollars) compared to $8.5 million in 2010, Year-over-year Ebitda growth of 27.2% at $2.3 million for Q4 • Net earnings stood at $1.3 million or $0.07 per share compared to $2.3 million or $0.12 per share last year “While overall market conditions remained soft but stable during the... Read More »

20-20 Vision - KBB Review Magazine

December 1, 2011
"...Online technology is allowing consumers to start designing kitchens, bedrooms and bathrooms in their own homes, but will it bypass the showroom or generate valuable leads? Andrew Davies went over to Canada to see one of the biggest companies in the sector, 20-20 Technologies..." Read more>> Read More »

Canadian Kitchen Cabinet Association National Forum

February 2, 2012 - February 3, 2012
Fairmont Empress Hotel, Victoria, British Columbia ( Canada)
www.ckca.ca

20-20 LiveSuite from 20-20 Technologies inc.

December 6, 2011
20-20 LiveSuite from 20-20 Technologies is a set of three products that form a fully integrated Electronic Order Processing solution: 20-20 LiveOrder, 20-20 LiveLinq and 20-20 LiveSpeq. This Web-based ordering system ensures accurate product configuration, and provides real-time order status updates, the company says. Products: 20-20 LiveORDER, 20-20 LiveLINQ , 20-20 LiveSPEQ. Source: CabinetMakerFDM.com Read More »

20-20 Technologies Announces Tablet Edition of Space Planning Software

December 6, 2011
Laval, Quebec, December 6, 2011 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, announces the introduction of 20-20 Icovia Tablet Edition, a mobile companion application to the existing popular online interior space planning solution for retailers, manufacturers, interior designers and their customers. The first release of the Tablet Edition is already in use by Living Spaces Furniture, a Furniture Today Top 100 retailer. 20-20 Icovia Tablet Edition software is currently available for the Apple iPad. Support for other tablet platforms will soon follow. 20-20 Icovia Tablet Edition integrates with retailers’ web-based 20-20 Icovia Planner, allowing consumers and sales associates to access and share designs across the entire 20-20 Icovia platform. “Mobile commerce is growing exponentially,” said John Thompson, 20-20 Icovia’s Sales Manager. “It’s being driven by consumers. Now... Read More »

20-20 Technologies Announces Launch of Fully Integrated EOP

November 7, 2011
20-20 Technologies announces the launch of a new, fully integrated Electronic Order Processing (EOP) solution that connects dealers and manufacturers from the kitchen, bath, office and closet industries. 20-20 LiveSUITE will be available in North America and plans have been made to expand into other territories in the next year. Products : 20-20 LiveORDER, 20-20 LiveLINQ, 20-20 LiveSPEQ. Source : Woodworking Network Read More »

20-20 Technologies Reports Third Quarter Results for Fiscal 2011

September 12, 2011
LAVAL, QUEBEC, September 12, 2011 -- 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced its results for the third quarter ended July 31, 2011. All amounts are in US dollars unless otherwise indicated. Third Quarter Highlights Revenues of $17.4 million, up 17.6% compared to last year Net earnings stood at $0.4 million or $0.02 per share compared to $0.8 million or $0.04 per share last year Office sector revenues increased by 27.4%, fuelled by Visual Impression launched earlier this year Revenues from International markets increased 47.6% over 2010 EBITDA at $1.6 million ($1.9 million in constant dollars) compared to $1.4 million in 2010 “In the context of continuing difficult overall market conditions, we are pleased by third quarter revenue growth and by the performance of all three of the Company’s sectors,” said Chief Executive Officer Jean-François... Read More »

20-20 Technologies’ Deal with Marya Continues Bringing Integrated Kitchen Design to Russia

November 9, 2011
Laval, Quebec, November 9, 2011 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, announced today the recent signing of an agreement with Marya, a Russian kitchen manufacturer. The contract, which could result in revenues in excess of US$1.5 million, involves the sale of 20-20 Technologies’ end-to-end solution and includes the flagship software 20-20 Design and 20-20 Enterprise inSight. Marya holds a prominent place in the Russian marketplace as a kitchen designer, manufacturer, distributor and retailer. The company operates approximately sixty stores of its own, and supplies an additional one hundred and eighty retailers. 20-20 Technologies provides a unique end-to-end suite of software that integrates all functions of the interior design process – from design to manufacture – resulting in easier customization, less duplication of effort and more productivity. This contract follows... Read More »

Realview, Makers of Prokitchen, Found Liable for Illegal Download of 20-20 Software

September 27, 2011
LAVAL, QUEBEC, September 27, 2011 - 20-20 Technologies Inc. announced today that a United States Federal Court has found RealView, along with its two founders, Leonid Perlov and Boris Zeldin, responsible for damages deriving from RealView’s illegal download of 20-20’s Design software for the expressed purpose of developing their software. “The statement recently issued by RealView on the subject at hand is grossly misleading as they have by no means been “vindicated of all charges made by 20-20 related to the copyright infringement of its 20-20 Design software” stated Jean-François Grou, Chief Executive Officer of 20-20. He added “Quite to the contrary, RealView has specifically been found liable for having illegally downloaded intellectual property owned and developed by 20-20.” At a trial earlier this year, a jury established 20-20’s damages deriving from RealView’s illegal download at over US$ 1.3 million. As per a... Read More »

20-20 Software Solutions: Birth of a flexible closet software system

August 15, 2011
Closets Magazine “ClosetPro and 20-20 Technologies have worked together developing 20-20’s new, integrated production software which converts 20-20’s closet design files to production files for CNC machining centers. Jeff Ellis, owner of ClosetPro, said he wanted to team up with 20-20 because of their reputation” Read more (PDF) Read More »

Woodworking Network partners with 20-20 Technologies for IWF webcasts

July 28, 2010
Woodworking Network LINCOLNSHIRE, IL -- Woodworking Network has been selected by 20-20 Technologies of Laval, QC, as the exclusive media partner to help promote and broadcast a series of webcasts the software company will present live from the International Woodworking Fair in Atlanta... Products: 20-20 Design, 20-20 ShopWare Source: Woodworking Network Read More »

IWF: 20-20 releases Enterprise inSight 4.5.0

August 10, 2010
Woodworking Network LAVAL, QUEBEC — 20-20 Technologies, Inc., the world leader in 3D interior design and furniture manufacturing software, launches Enterprise inSight Version 4.5.0, which adds enhanced management and engineering capabilities to its already powerful enterprise manufacturing software solution... Product : 20-20 Enterprise inSight Source : Woodworking Network Read More »

Woodworking Software Applications

August 10, 2010
Woodworking Network "...20-20 Technologies launched its ShopWare applications last year at AWFS. Based in Laval, PQ, 20-20 Technologies specializes in 3-D interior design and furniture manufacturing software. Its ShopWare Solutions line is targeted at improving the business processes of small and medium-sized cabinet makers in the commercial casegoods industry. Products: 20-20 Design, 20-20 ShopWare Source : Woodworking Network Read More »

Ashley Ann celebrates 15 years of 20-20

April 1, 2010
Furniture Production Software Ashley Ann celebrates 15 years of 20-20 Ashley Anns saw line Steve Bremner of Ashley Ann, designer, manufacturer and installer of kitchens and bedrooms, is one of 20-20s most loyal customers, having introduced its manufacturing software solutions to his company some 15 years ago... Product : 20-20 Shopware Source : http://www.e-pages.dk/gearing/127/42 Read More »

Lutron Products Now Included in 20-20 Design Software

June 9, 2010
K+BB 20-20 Design Software has expanded its lighting options with products from Lutron Electronics .Retailers, dealers, designers, home builders and remodelers will now be able to include the company’s lighting control products in their computer-aided design... Product: 20-20 Design Source: kbbonline Read More »

Mastercam and 20-20 Technologies Partnership

August 1, 2010
Modern Woodworking Tolland, CT – The leader in kitchen cabinet design comes together with the leading CAM vendor. Mastercam is partnering with 20-20 Technologies to make kitchen designing easier than ever before... Products: 20-20 Design, 20-20 CAD, 20-20 ShopWare Source: Modern Woodworking Read More »

IWF: Closets software part of 20-20 Technologies webcast series

August 10, 2010
Closets Magazine ATLANTA - 20-20 Technologies will host a series of free live and online manufacturing presentations during the International Woodworking Fair, Aug. 25-28, in Atlanta... Products: 20-20 Design, 20-20 Design for Home Organization, 20-20 Enterprise insight, 20-20 Shopware Source: Closets Magazine Read More »

The Up Side of ERP

March 9, 2011
Woodworking Network Although it can be difficult to directly measure the return-on-investment of an ERP software purchase, these seven principles will ensure that you get more for your money. 1. Step Up As a business owner/president/CEO, you must take personal responsibility for the outcome of an enterprise software implementation.. Product: 20-20 Enterprise insight. Source: Woodworking Network Read More »

20-20 Software Solutions: Keeping Current On Software Pays Off For CabinetMaker

April 1, 2011
CabinetMakerFDM By Karl D. Forth The recession has been especially tough in Michigan, and Joe DeLude of Cabinet One believes that keeping current on software has consistently helped the company. Joe says the main reason he purchased ShopWare CAD, “...was for great presentations and detailed shop drawings and I achieved this.” A bonus for Cabinet One came when drawings could be sent from ShopWare CAD to CNC equipment in the shop for processing without having to re-enter any information. “This has been great for producing one- of- kind pieces without having to add them to a library of cabinets for processing, as we had to do in the past,” DeLude says. Product: 20-20 CAD Read More »

Visual Impressions

April 4, 2011
MMQB By Rob Kirkbride "...The company spent 18 months developing 20-20 Visual Impression and it shows. Visual Impression renderings create detailed 3D drawings with little set up time and effort..." Product : 20-20 Visual Impression Source (PDF) Read More »

Looking Ahead to 2011

January 3, 2011
MMQB "...Major trends are driving huge innovation in the office furniture market, according to Jean- François Grou, president and chief operating officer at 20-20 Technologies....The next 10 years will be very different from the last 30.Many companies are emphasizing..." Products: 20-20 Visual Impression, 20-20 Giza Studio, 20-20 CAP Studio, 20-20 Worksheet, 20-20 Catalog Express, 20-20 Virtual Showroom, 20-20 Symbol Source. Source (PDF) Read More »

20-20 Technologies launches 20-20 Giza Studio™ Version 2006 at NeoCon

June 12, 2006
New 20-20 Giza Studio single platform software for furniture professionals Chicago, June 12, 2006: 20-20 Technologies announced today the launch of its integrated 20-20 Giza Studio™ software, the industry’s most easy-to-use sales and planning tool for furniture professionals. The merging of its previous Professional, Enhanced and Basic versions into one, comprehensive software suite offers users more power than ever before to specify and space plan projects with the most extensive line of manufacturer catalogs and tools in the industry. “The new 20-20 Giza Studio™ is based on the previous Professional version,” said Cindy Maple, 20-20 Product Manager. “20-20’s commitment to its clients is the reason we continually improve upon the classic features available in the software, while developing new ones that will enhance design projects, and shorten the sales cycle,” she added. The newest element to the improved capabilities of 20-20 Giza... Read More »

20-20 Technologies further develops its relationship with Stiles Machinery

August 23, 2006
Atlanta, August 23, 2006: Stiles Machinery, Inc. and 20-20 Technologies Inc. (TSX: TWT), a world leader in 3D design and sales software, computer-aided design and manufacturing solutions for the interior design product industries, today announced their joint promotion of 20-20’s extended manufacturing solutions at IWF. Leveraging its recent acquisitions, 20-20 brings to the woodworking industry proven leading edge Manufacturing Execution System (MES) solutions for engineer-to-order (ETO) and project-based manufacturers in the woodworking industry. 20-20 and Stiles, North America’s largest woodworking machinery company, will jointly promote the 20-20 Design for Manufacturing (DFM) and 20-20 BuildRite solutions, alongside Stiles’ Cut Rite and Building Blocks software, as a comprehensive combination of hardware, software and consulting services. “The solutions from 20-20 present additional opportunities for Stiles customers since they complement our own... Read More »

20-20 Technologies Inc. Reports First Quarter Results for 2006

March 16, 2006
Annual general shareholders’ meeting today Revenues of $12.0 million, a 36.3% increase over 2005 Revenues from acquisitions boost growth North American license sales grow organically by 20% Net earnings of $0.8 million or $0.04 per share Laval, Québec. – March 16, 2006 – 20-20 Technologies Inc. (TSX:TWT), the world leader in 3D interior design software, today announced its quarterly results for the period ending January 31, 2006. All amounts are in U.S. dollars unless otherwise indicated. Click here for the complete report, including financials, in PDF format. Revenues for the 3 months ended January 31, 2006 were $12.0 million, a 36.3% increase over the previous year. License sales revenues for the quarter were $4.5 million; an increase of 28.6% over last year’s $3.5 million. Maintenance and other recurring revenues grew to $5.2 million, an increase of 34.7% over last year’s $3.8 million and professional services increased by... Read More »

20-20 Technologies Inc. Reports Fourth Quarter and Full Year Results for 2005

January 26, 2006
For Immediate Release Fiscal 2005 revenues of $40.5 million, a 10.4% increase over 2004 Fourth quarter revenue of $10.9 million, an 8.8 % increase over the same quarter in 2004 Net Earnings for the year grow by 155% to $4.3 million Laval, Québec. – January 26, 2006 – 20-20 Technologies Inc. (TSX:TWT), the world leader in 3D interior design software, today announced its quarterly and fiscal year-end results for the period ending October 31, 2005. All amounts are in US dollars unless otherwise indicated. Revenues for the 12 months ended October 31, 2005 were $40.5 million, a 10.4% increase over the previous year. License sales revenues for the year were $18.3 million; an increase of 8.5% over last year’s $16.9 million. Maintenance and other recurring revenues grew to $15.8 million, an increase of 12.8% over last year’s $14.0 million and professional services increased by 10.3% to $6.4 million from $5.8 million in 2004. Operating income for... Read More »

20-20 Technologies Inc. Reports Second Quarter Results for 2006

June 12, 2006
Laval, Québec. – June 12, 2006 – 20-20 Technologies Inc. (TSX:TWT), the world leader in 3D interior design software, today announced its quarterly results for the period ending April 30, 2006. All amounts are in U.S. dollars unless otherwise indicated. Click here for the complete report, including financials, in PDF format. Highlights: Revenues for the quarter total $ 16.1 million, a 60% increase over 2005 fueled by acquisitions Operating income for the quarter is stable Net earnings for the quarter total $1.7 million or $0.09 per share, an increase of 29% “20-20 had a strong growth quarter which solidifies our position as the world's leading provider of interior design software solutions and the sole provider of a fully integrated, proprietary end-to-end solution. Our revenues were significantly up from last year, boosted by the strategic acquisitions we made over the last 15 months, while our operating income was stable and our bottom line... Read More »

20-20 Technologies and White River™ announce new electronic architectural woodcarving catalog in 20-20 Design V8™

April 20, 2006
Laval, Quebec, April 20, 2006: 20-20 Technologies, together with White River™- a leading manufacturer of hardwood mouldings and hand-carved architectural woodcarvings – announced today the inclusion of a 3D electronic catalog in the latest release of 20-20’s flagship product, 20-20 Design™. The catalog, developed with 20-20’s state-of-the-art technology, features over 500 of White River’s decorative embellishments. “Our 20-20 catalog was developed to ease the specification process of our products. We used state-of-the art scanning technology to provide an enhanced level of detail – providing designers the edge they need to be successful when specifying our products,” said Bruce Johnson, CEO of White River™. The new electronic catalog will allow kitchen and bath designers’ easy access to elegant architectural details and accents from within their 20-20 kitchen designs. These products will not only enhance design... Read More »

2020 Technologies Announces Closing of its Acquisition of Virtual Systems International

February 10, 2006
For Immediate Release Transaction Highlights VSI develops, sells and integrates advanced manufacturing software for North America’s cabinet, furniture and woodworking industries. Following the acquisition, 20-20 becomes the world leading provider of vertically integrated ERP, engineering and manufacturing software for the kitchen, office and configurable furniture industries, with over 220 customers in North America and Europe. Major step forward, along with previous MBI acquisition, for 20-20 to deliver its leading end-to-end solution for its targeted industries worldwide. Laval, Québec – February 10, 2006 – 20-20 Technologies Inc. (TSX: TWT), a world leader in 3D design and sales software, computer-aided design and manufacturing solutions for the interior design product industries, today announced the closing of its acquisition of 100% of the outstanding share capital of Virtual Systems International, Inc. of Raleigh, North Carolina... Read More »

20-20 Technologies Announces Intention to Acquire the Assets of Pattern Systems International

December 22, 2006
Laval, Québec – December 22, 2006 – 20-20 Technologies Inc. (TSX: TWT), a world leader in 3D design and sales software, computer-aided design and manufacturing solutions for the interior design industries, today announced its intention to acquire the assets of Pattern Systems International, Inc. of Mount Arlington, New Jersey (“PSI”). The transaction is expected to close within the next 30 days. PSI develops computer software products for distribution through dealers and sales representatives, with some direct sales, mainly for the cabinetmaker, architectural millwork and woodworking industries. PSI, which currently employs 12 people, offers customer support and product maintenance on its products and also provides training and catalog development. PSI was founded by Mr. Robert A. Gowen in the early ‘80s and produced optimization programs used to minimize waste in the cutting of sheet stock. The management team of PSI, Mr. Robert A. Gowen and... Read More »

20-20 Technologies extends Enterprise Software for the woodworking industry

August 23, 2006
Atlanta, August 23, 2006: 20-20 Technologies’ Manufacturing Group unveiled today the next generation of an unparalleled portfolio of proven industry software solutions. The new product offering ranges from enterprise software for Mass Customization and Shop Floor Automation to solutions for Repetitive Manufacturing. “Bridging technology solutions for the future of manufacturing is the key theme for our participation in this year’s IWF,” said Jean Mignault, CEO of 20-20 Technologies. “Our ability to offer proven industry applications for our customers’ sales and manufacturing software needs – this is what distinguishes us from others” he added. With more than 50 North American customers in the kitchen, office and retail furniture industries, 20-20 Technologies has emerged as the market leader for Enterprise Software and Engineering Automation Solutions for the woodworking industry. “The IWF show is a great opportunity for us to... Read More »

Vitra Corporation endorses 20-20 Technologies Design Software for International markets

May 29, 2007
Laval, Québec – May 29, 2007 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, together with Vitra Corporation – manufacturer of premium office furniture sold in over 80 countries – is pleased to announce an agreement to link Vitra’s furniture configuration application to 20-20’s industry-leading office planning software product, 20-20 CAP Studio. “Pairing our high-quality product line with 20-20’s advanced interior design software technology will be a great resource for designers,” said Wolfgang Boehm, Head of International Applications for Vitra. “20 20’s extensive global network will provide instant access and support to Vitra data worldwide”. Vitra now supports a direct interface to 20-20 CAP Studio from the Enterprise Configurator of Vitra’s Configuration System. The configured products can be transferred directly to 20-20 CAP... Read More »

20-20 Technologies and Viking Range Corporation announce agreement to create an ultra-premium appliance catalog

April 20, 2006
Laval, Quebec, April 20, 2006 : 20-20 Technologies, together with Viking Range Corporation – manufacturer of ultra-premium kitchen appliances sold in over 80 countries – is pleased to announce an agreement to create a Viking appliance catalog for 20-20’s industry-leading kitchen and bath design software, 20-20 Design™. “Pairing our high-quality product line with 20-20’s advanced software technology will be a great resource for designers,” said Jim Gregory, Manager, Design Relations for Viking. The Viking catalog, which will feature products from the Viking Professional and Designer Series, will make it easier for 20-20 Design™ users to include ultra-premium appliances into their design projects. Users will also have the option to use full overlays to create a more customized look and better address customers’ needs and wishes. “20-20 is thrilled to be able to offer its 20-20 Design™ users the option to add Viking... Read More »

2020 Technologies Inc Reports Record Fourth Quarter and Full Year Results for Fiscal 2006

January 26, 2007
Laval, Quebec – January 26, 2007 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced quarterly and fiscal year-end results for the period ending October 31, 2006. All amounts are in U.S. dollars unless otherwise indicated. Fiscal 2006 Highlights: Revenues increased 49.4% to $60.5 million Operating income advanced 6.0% to $6.3 million Net earnings gained 37.7% to $5.9 million EPS rose to $0.31 from $0.24 in 2005 Net cash position $34.7 million at fiscal year end In 2006, 20-20 undertook to accomplish well defined objectives of consolidating its North American market and further expanding its business in Europe and emerging markets. Jean Mignault, CEO of 20-20, noted that “beyond our growth by acquisition, we continued to deliver organic growth, 13.0% in 2006, during which we extended and reinforced our position worldwide as the software provider of choice to every link in the... Read More »

20-20 Technologies Inc. Reports Second Quarter Results for Fiscal 2007

June 12, 2007
Please click here for full result information Laval, Québec – June 12, 2007 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced quarterly results for the period ending April 30, 2007. All amounts are in U.S. dollars unless otherwise indicated. Second Quarter Highlights: Revenues increased 8.6% to $17.5 million Operating income increased 31.5% to $2.5 million EBITDA increased 33.5% to $4.3 million European revenue increased 20.1%, representing approximately one-third of total revenue EPS stable at $0.09 per share despite negative effect of sharp decline of U.S. dollar compared to Canadian dollar “The record revenues and robust operating income 20-20 achieved in the second quarter of fiscal 2007 were driven through essentially organic growth,” said Jean Mignault, Co-Chairman of the Board and CEO. “Our successful financial performance reinforces our... Read More »

20-20 Technologies Inc. Reports Third Quarter Results for Fiscal 2007

September 12, 2007
Laval, Québec – September 12, 2007 – 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced quarterly results for the period ending July 31, 2007. All amounts are in U.S. dollars unless otherwise indicated. Third Quarter Highlights: Revenues increased 14.0% to $16.9 million Operating income increased 14.6% to $857,000 EBITDA increased 23.1% to $2.9 million EPS stood at $0.03, impacted by a largely unrealized exchange loss due to significant movement in currency exchange rates “Despite softer than expected license revenues, 20-20 achieved growth in revenues and operating income exceeding 14.0% in the third quarter of fiscal 2007, driven mainly by organic growth,” said Jean Mignault, Co-Chairman of the Board and CEO. “However, significant exchange rate fluctuations did not allow our sound operational performance to be reflected on our bottom line... Read More »

20-20 Technologies Wins Gold for 2007 Best of NeoCon Awards in Software Technologies Category

June 12, 2007
Chicago – June 12, 2007 – 20-20 Technologies continues to demonstrate its industry-leading position as software provider to the office interiors market when it was awarded first place for the 2007 Best of NeoCon Awards for its 20-20 Office Sales, featuring the new Idea Center. This is the third Best of NeoCon Award for 20-20 Technologies in five years. “We are thrilled by this gold award,” said Jean-Francois Grou, President and COO of 20-20 Technologies. “Our Product Management team has worked tirelessly to ensure not only the high quality of our software, but to provide valuable features our clients can easily benefit from. This award confirms 20-20’s ongoing commitment to give our customers the products and services they need to simplify and automate their daily tasks,” he added. 20-20’s Idea Center in 20-20 Office Sales helps solve the problem sales professionals often experience in having to layout furniture from a blank screen.... Read More »

MBI 20-20 Technologies GmbH changes name

January 24, 2007
Osnabrueck, Germany – January 24, 2007 – MBI 20-20 Technologies GmbH, a wholly owned subsidiary of Canadian-based 20-20 Technologies Inc. (TSX: TWT), today announced that it has been renamed 20-20 Technologies GmbH following the company’s recently completed integration process. Located in Osnabrueck, Germany, the management team of 20-20 Technologies GmbH, along with its staff located in Vienna, Austria and the 20-20 Benelux staff, will operate as 20-20’s Central and Eastern Europe (CEE) region. “The acquisition of MBI by 20-20 Technologies was very well received by MBI customers. The German based management of 20-20 then recommended, following the successful integration with 20 -20 Technologies, that the timing was perfect to change the corporate name of the group. Moreover, in completing the integration of the products from 20-20 and the former MBI, we can now offer an expanded product solutions package to our customers,” says Lorenz Weber,... Read More »

20-20 Technologies appoints CEO as Co-Chairman and COO to Board of Director

January 19, 2007
Incumbent Chairman continues as Co-Chairman and Lead Director Laval, Québec – January 19, 2007 – The 20-20 Technologies Inc. (TSX:TWT) Board of Directors announces the appointment of Mr. Jean Mignault as Co-Chairman of the Board of Directors, in addition to his current role as Chief Executive Officer. The current Chairman of the Board, Mr. Jocelyn Proteau will continue to direct Board meetings and carry out his current responsibilities as Co Chairman and Lead Director, as well as Chairman of the Governance committee. Mr. Proteau will continue, as an independent Board member to ensure good governance in all aspects of the company’s business. The Board of Directors also announces the appointment of Mr. Jean-François Grou, President and Chief Operating Officer of 20-20, to the Board of Directors of the Company, thus contributing in that role to the development of our growth strategy. Mr. Grou has full responsibility for the Company’s operations. ... Read More »

20-20 Technologies Enters the North American Cabinetmaker / Woodworker Software Market

January 15, 2007
Laval, Québec – January 15, 2007 – 20-20 Technologies Inc. (TSX: TWT), a world leader in 3D design and sales software, computer-aided design and manufacturing solutions for the interior design industries, has successfully completed the previously announced acquisition of the assets, business and software solutions of Pattern Systems International, Inc. (“PSI”) of Mount Arlington, New Jersey for US$ 775,000, plus US$ 225,000 in additional consideration conditional upon the delivery of certain projects in the future. PSI develops computer software products for distribution through dealers and sales representatives designed for the cabinetmaker, architectural millwork and woodworking industries. Mr. Robert A. Gowen, founder of PSI, will act as the General Manager of the 20‑20 newly created Pattern Systems sales group. Mr. Donald R. Imbimbo, will work with the Operations/Development group of 20-20 to create and maintain the 20-20/PSI solutions for the... Read More »

20-20 Technologies gears up its Manufacturing Solutions and European organizations for accelerated growth

October 25, 2007
20-20 Technologies gears up its Manufacturing Solutions and European organizations for accelerated growth October 25, 2007 – Laval, Québec – 20-20 Technologies Inc. today announced it will strengthen its manufacturing software operations, European sales force and corporate human resources teams with the following key appointments of well known industry executives: Craig Yamauchi joins 20-20 as Executive Vice President, Manufacturing Solutions for North America Klaus Gueniker is appointed Vice President Manufacturing Operations worldwide; he will now be based in Germany Joerg Witthus is appointed Executive Vice President for Europe Claude Reeves joins 20-20 as corporate Human Resources Director In his previous role as CEO of Friedman Corporation, a US-based software company providing ERP solutions to the building materials industry, Mr. Yamauchi successfully demonstrated his ability to develop and implement winning growth strategies for software... Read More »

20-20 Technologies Inc. Announces its Employee Share Purchase Plan

May 23, 2007
Laval, Quebec - May 23, 2007 - 20-20 Technologies Inc.'s (20-20) (TSX:TWT) Board of Directors has approved an Employee Share Purchase Plan ("ESPP"). The purpose of the ESPP is to provide employees with an opportunity to purchase 20-20 common shares. 20-20 will match one-third of all employee contributions. Employees will be permitted to purchase up to the lesser of 10% of their gross salary or CDN$10,000 during a 12-month contribution period. "The Board believes it is important for employees to hold an equity interest in the firm," said Jean Mignault, Co-Chairman of its Board and CEO of 20-20. "Moreover, the Board is convinced that offering employees an incentive to become shareholders is also beneficial for current shareholders." About 20-20 Technologies Inc. 20-20 Technologies is the world's leading provider of computer-aided design, business and manufacturing software solutions tailored for the interior design and furniture industries. Dealers and retailers use its desktop and... Read More »

20-20 Technologies Inc. Reports First Quarter Results for Fiscal 2007

March 15, 2007
Laval, Québec- ( March 15, 2007) - 20-20 Technologies Inc. (TSX:TWT), the world leader in 3D interior design and furniture manufacturing software, today announced quarterly results for the period ending January 31, 2007. All amounts are in U.S. dollars unless otherwise indicated. First Quarter Highlights: Revenues increased 29.4% to $15.6 million 13.7% organic growth EPS unchanged at $0.04 Entry into the Woodworker Software Market through Acquisition "We are proud of having maintained our fast paced growth, almost half of which is organic. In addition, our recurring revenues continue to be a growing part of our business" noted Jean-Francois Grou, President and COO of the Company. "Our EBITDA for the first quarter increased 52.5% over last year to $2.4 million, or 15.3% of revenues" said Jean Mignault, Chief Executive Officer. "Our recent business acquisitions have added an additional temporary non cash charge to our earnings amounting to approximately $270,000 in... Read More »

Global E-Sourcing and 20-20 Technologies Announce Strategic Partnership to Benefit Counter Top Fabricators

October 10, 2008
Provides fully integrated solution to countertop supply chain Laval, Quebec, October 10, 2008 – 20-20 Technologies Inc. (TSX: TWT) “20-20”, the world leader in 3D interior design and furniture manufacturing software, announced today it will integrate its 20-20 Countertop Design Module (20-20 CDM) with Global E-Sourcing, Inc.’s web-based order management and scheduling system. Global is the industry’s leading provider of business solutions for countertop fabricators. “Our long-term strategic partnership with Global will allow both organizations to leverage our core competencies, technologies, and people, thereby providing industry specific products for countertop manufacturers, fabricators, retailers, and dealers. 20-20’s vision is to create an alliance with countertop manufacturers, retailers, distributors and their fabricators to make the entire manufacturing supply chain and fabrication process more efficient and profitable for the... Read More »