Last updated on April 23, 2014 at 1:22 EDT

Textura Corporation Named 8th Most Innovative Illinois Company by Crain’s Chicago Business

June 29, 2012

DEERFIELD, Ill., June 29, 2012 /PRNewswire/ –Textura Corporation, the leading provider of collaboration solutions for the construction industry, reports that Crain’s Chicago Business identified Textura’s patents as 8th in quality out of 432 Illinois companies with 3 or more US patents issued in 2011. This ranking is based on Ocean Tomo’s proprietary IPQ® patent quality score. Textura currently has 17 US patents and 7 US patents pending in addition to 25 international patents and many international patents pending.

Patrick Allin, Textura Chairman and CEO said, “We work hard to bring real value to our clients and the construction industry. Protecting our unique intellectual property has been a high priority for us since starting Textura in 2004. It is very gratifying to have our efforts acknowledged by an independent assessment. Our focus on the quality of our intellectual property and its protection reinforces the market position of our leading edge technologies.”

In Patent Quality in Chicago – Companies with the Highest Quality Patents Issued in 2011 Dr. Elvir Causevic says about the results of Ocean Tomo’s study, “Big names, big businesses were somewhat expected. But we found so many gems, true innovation leaders, who’ve also leveraged their innovation to provide many jobs, create and lead markets… And that’s the key value of projects like this – to shine a light on the gems, to recognize their inventiveness, and their hard work to convert that inventiveness into something real… We used what we know and what we have, to help Crain’s shine a spotlight on those gems. To find the ones who are truly applying themselves and making a measureable difference for all of us.”

“Textura is committed to helping our clients improve business performance by brining innovative software solutions to them,” continued Allin. “Our portfolio of applications will expand from nine to fifteen over the coming year. We help our clients solve real, often age-old, business problems. This has enabled us to grow from four employees in 2004 to nearly two hundred today. As Dr. Causevic said, our innovation has allowed us to provide many jobs and to make a difference for our clients and the construction industry.”

Textura uses a combination of intellectual property safeguards, including patents, copyrights, trademarks, third party non-disclosure agreements and employee confidentiality agreements to protect its intellectual property. All patents are owned by Textura Corporation.

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 design and pre-qualification to bid management, submittals 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

Textura Corporation

SOURCE Textura Corporation

Source: PR Newswire