Software Unlimited, Inc. Partnership Results in Sales Before Official Launch

COLUMBUS, Ohio, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Intellinetics, Inc., a cloud-based document content services provider, announced today that the company will be partnering with Software Unlimited Inc. (SUI), a major software developer and publisher of solutions for the K-12 market. The arrangement sets the stage for SUI to add fully integrated document management capabilities within its School Accounting System for K-12 school districts.

Intellinetics’ flagship IntelliCloud™ platform delivers mission-critical, secure document content services for business teams in any size organization with significant document compliance, security, and workflow automation needs that must always be audit-ready. IntelliCloud will be seamlessly integrated into SUI’s K-12 accounting solution enabling its users to search, view, add and edit documents directly within SUI software’s user experience.

“By partnering with Intellinetics, we are able to offer our K-12 clients an even more robust and complete software solution,” said Cory Atkinson, Director of Sales and Marketing. “The flexible and easy-to-use interface enables users to get up and running quickly. Because Intellinetics really understands the unique needs of the K-12 market, we see this partnership as a key to expanding into areas well beyond financial operations. This includes employee records and student records, creating additional avenues for new customers to take their first steps with SUI.”

The initial Q4 ’18 launch will begin following SUI’s completion of the initial integrations in September. However, due to customer demand, initial orders have already been taken.

“There is obviously a pent-up demand for this type of solution,” said Atkinson, “because we already have customers lining up to secure their purchase.”

“This is a good indicator that our strategy to focus in key markets such as K-12 and align ourselves with strategic solution partners is the right path,” said James F. DeSocio, President & CEO of Intellinetics. “We’re confident in the road map we have laid out designed to grow our business, and it is rewarding to see the initial successes. The ability to embed our solution within a proven software platform is a key building block for our mutual growth.”

About Intellinetics, Inc.
Intellinetics, Inc., located in Columbus, Ohio, is a cloud-based document content services provider. Its flagship IntelliCloud™ platform provides easy to use, affordable, secure document management to organizations that have critical document requirements and must always be audit-ready, including health and human services, education and law enforcement. Our customers save valuable time by immediately locating any form, file, record or document, and our commitment to superior customer service ensures users can remain focused on their mission. For additional information, please visit www.intellinetics.com.

About Software Unlimited Inc.
The mission at Software Unlimited, Inc. is to create, maintain, update, and support comprehensive and affordable fund accounting solutions tailored to meet the state specific reporting requirements for K-12 schools. In-house product developers, full-service training staff, and a knowledgeable customer service team guarantee customers will receive unlimited access to service and support from experienced professionals. Inclusive licensing covers unlimited updates, training, and support to help K-12 administrators focus on what is important.

Cautionary Statement Regarding Intellinetics, Inc.

Statements in this press release which are not purely historical, including statements regarding future business associated with any channel partner, distribution partner, reseller, or customer; Intellinetics’ future sales and growth; market penetration; and other intentions, beliefs, expectations, representations, projections, plans or strategies regarding future growth, financial results, and other future events are forward-looking statements. The forward-looking statements involve risks and uncertainties including, but not limited to, the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company’s cash flow or adequacy of capital resources, market acceptance risks, the success of our channel partners and distribution partners, technical development risks, and other risks and uncertainties discussed in the Intellinetics annual report on Form 10-K filed on April 2, 2018, and any previously filed Form 10-Qs and Form 8-Ks. The company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Intellinetics disclaims any obligation and does not undertake to update or revise any forward-looking statements in this press release. Expanded and historical information is made available to the public by Intellinetics on its website or at www.intellinetics.com or at www.sec.gov.

CONTACT:
Joe Spain, CFO
Intellinetics, Inc.
614.921.8170  
investors@intellinetics.com